Virtuality and non-virtuality in remote stock trading

Van Daalen, Roger and Chiasson, Mike and Devadoss, Paul (2008) Virtuality and non-virtuality in remote stock trading. In: IFIP 8.2 Working Conference, 2008-08-01.

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Advances in information technology allow for remote working, leading to suggestions that remote individuals can work as well in virtual teams asin face-to-face teams. This paper considers the continued use of face-to-face communication in a European group of stock traders, despite the capabilities of information technology to individuate the work. The case illustrates that traders prefer to work in face-to-face settings for various reasons. Short term reasons arise from a need for instant and effortless communication in their manipulation of market prices and instant knowledge sharing, leading to both higher individual and collective profits. Long term reasons arise from a need for continuous learning across novices and experts, as stock markets and stock prices settle into behavioral patterns over longer periods of time. The implications for computing and work are discussed.

Item Type:
Contribution to Conference (Paper)
Journal or Publication Title:
IFIP 8.2 Working Conference
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24 Mar 2009 09:56
Last Modified:
22 Nov 2022 13:33