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Codes of Finance:
Engineering Derivatives in a Global Bank
Vincent Antonin Lépinay

Book Description | Table of Contents
Introduction [in PDF format]


"Codes of Finance sets a new standard for the ethnography of finance. This is the first ethnographic study to focus directly on financial formulas (or "products"), without caricaturing them or domesticating financial reasoning to well-trodden academic debates. It powerfully communicates the detail of financial knowledge--detail about the formulas, their production, and their interpretation by various human and nonhuman actants--from an astonishing range of vantage points within the knowledge production process. The book is a must-read for anthropologists of knowledge and for creative thinkers within the financial markets alike."--Annelise Riles, author of Collateral Knowledge: Legal Reasoning in the Global Financial Markets

"In this rich and fascinating ethnography, Vincent Lépinay takes the reader through the front and back offices of derivatives trading. Lépinay understands the codes--the secrets, the software, and the silent frames--of finance. This is must reading for economic sociologists as well as for anyone interested in the forefront of new research on organizations and technology. A wonderful book."--David Stark, author of The Sense of Dissonance: Accounts of Worth in Economic Life

"We are the masters of what we create--that is the myth. The reality is that we often do not even understand what we create. As Lépinay shows, this is the case with today's engineered financial products. This book is an important step toward solving the mystery of the lack of mastery in the world of finance."--Bruno Latour, coauthor of Laboratory Life

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File created: 4/24/2017

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