Social Trading

Use as a starting point for further research on the topic of Social Trading the microsite of the publication World Finance (http://www.social-Wad ing .worldfinance.com). Using what you find out from this microsite and your further reading and research, and drawing, where relevant — on the literature discussed in the module answer ALL two (2) of the assignment questions. Answer each question separately as a stand-alone mini-essay of not more than 1500 words each, but use a common references list for both. Make sure your individual answers add-up to the overall word-count of 3000 words, excluding references. 1. Explain in your own words, but referencing relevant readings, what MacKenzie (2008) means by "the politics of market design" in Chapter 2 of his book "Material Markets: How Economic Agents are constructed". Using this concept, discuss which existing market agents in financial trading might gain and which might lose from a wider adoption of 'social trading', giving reasons for your position. 150 marks] 2. Discuss, referencing relevant literature, the similarities and differences in the social ties involved in the phenomenon of 'social trading' compared with the other market activities discussed in the module. 150 marks]

Sample Solution