Skip to main content
Article thumbnail
Location of Repository

Electronic trading and the process of globalization in traditional futures exchanges: a temporal perspective

By Michael Barrett and Susan Scott


This paper develops a temporal perspective to examine information and communication technologies (ICT) adoption and processes of globalization. The foundations of our theoretical approach explicitly draw upon three intersecting planes of temporality implicit in structuration; namely reversibility, irreversibility and institutionalization. We further develop our theoretical perspective by extending the scope of structuration to incorporate temporal features of Adam's social theory on 'global time'. We then use this temporal perspective to examine the emergence of electronic trading and the process of globalization across London and Chicago futures exchanges. Our analysis provides insights into the IT-enabled reconfiguration of these exchanges during processes of reproduction and change associated with globalization. We conclude with some key implications for e-trading strategy and consider changes in trader work life associated with the adoption of e-trading

Topics: HG Finance, QA76 Computer software, T Technology (General)
Publisher: Palgrave Macmillan
Year: 2004
DOI identifier: 10.1057/palgrave.ejis.3000487
OAI identifier:
Provided by: LSE Research Online
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://www.palgrave-journals.c... (external link)
  • (external link)
  • Suggested articles

    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.