Digitalized Finance : Financial Capitalism and Informational Revolution
Subtitle: Financial Capitalism and Informational Revolution
Publisher: BRILL
Published: 2018
Language: eng
Number of pages: 168
ISBN-13: 9789004352421
Subjects: Financial services industry; Electronic commerce
Description: In Digitalized Finance, Edemilson Parana investigates the relationship between the development of Information and Communication Technologies (ICT) and the process of financialization of economies on a global scale, particularly in Brazil. The book explains the influence of ICT in the emergence and consolidation, especially from the 1980s, of new forms of operation and management of the globalized financial system, highly connected, operated in "real time" with intensive use of technological features, and how these advances are related with the economic and social changes in question. It also describes how contemporary capital markets works, where the search for earnings is leveraged by sophisticated mathematical models, robots and automated trading software that seek financial gains in the milliseconds scale.