Animating the Market

2019 ◽  
pp. 55-72
Author(s):  
Daniel Beunza
Keyword(s):  
Social Cues ◽  
Stock Exchanges ◽  
Phone Line ◽  
Work Atmosphere ◽  
International Securities

This chapter looks at how to ensure that social cues are present on the trading floor. It introduces the sales desk at International Securities, along with its convivial work atmosphere. Sales traders did not buy or sell stocks for the bank's proprietary account but executed trades for their customers instead. Their skills and resources, including humor, excitement, charisma, or business contacts at the stock exchanges, were different from and complementary to those of other traders on the floor. In the course of the chapter's observations, the sales traders appeared to be engaged in a number of seemingly controversial practices such as earning soft-dollar commissions, crossing the Chinese Wall, or pulling pranks on accidental callers to the bank's phone line. By examining the ways in which these sales traders adopted, modified, and conceived of these practices, the chapter reveals their practiced, as opposed to stated, morality.

Eyes and ears: Rejection and enhanced sensitivity to auditory and visual social cues

2003 ◽  
Author(s):  
Cynthia L. Pickett ◽  
Wendi L. Gardner ◽  
Megan Knowles
Keyword(s):  
Social Cues ◽  
Enhanced Sensitivity

Operational Aspects of National Securities Depository Limited (NSDL) in Depository System

2018 ◽  
Vol 6 (8) ◽  
pp. 249
Author(s):  
Rajnikant Kumar
Keyword(s):  
Capital Markets ◽  
Service Providers ◽  
State Of The Art ◽  
Stock Exchanges ◽  
Saving Account ◽  
Business Partners ◽  
Paper Work ◽  
Set Up ◽  
Buy Back ◽  
Operational Aspects

NSDL was registered by the SEBI on June 7, 1996 as India’s first depository to facilitate trading and settlement of securities in the dematerialized form. NSDL has been set up to cater to the demanding needs of the Indian capital markets. NSDL commenced operations on November 08, 1996. NSDL has been promoted by a number of companies, the prominent of them being IDBI, UTI, NSE, SBI, HDFC Bank Ltd., etc. The initial paid up capital of NSDL was Rs. 105 crore which was reduced to Rs. 80 crore. During 2000-2001 through buy-back programme by buying back 2.5 crore shares @ 12 Rs./share. It was done to bring the size of its capital in better alignment with its financial operations and to provide same return to shareholders by gainfully deploying the excess cash available with NSDL. NSDL carries out its activities through service providers such as depository participants (DPs), issuing companies and their registrars and share transfer agents and clearing corporations/ clearing houses of stock exchanges. These entities are NSDL's business partners and are integrated in to the NSDL depository system to provide various services to investors and clearing members. The investor can get depository services through NSDL's depository participants. An investor needs to open a depository account with a depository participant to avail of depository facilities. Depository system essentially aims at eliminating the voluminous and cumbersome paper work involved in the scrip-based system and offers scope for ‘paperless’ trading through state-of-the-art technology. A depository can be compared to a bank. A depository holds securities of investors in the form of electronic accounts, in the same way as bank holds money in a saving account. Besides, holding securities, a depository also provides services related to transactions in securities.

Does context matter? Effects of robot appearance and reliability on social attention differs based on lifelikeness of gaze task

2020 ◽  
Author(s):  
Abdulaziz Abubshait ◽  
Patrick P. Weis ◽  
Eva Wiese
Keyword(s):  
Cognitive Processing ◽  
Social Cognitive ◽  
Physical Appearance ◽  
Mental States ◽  
Social Attention ◽  
Social Cues ◽  
Social Signals ◽  
Mind Perception ◽  
The Social ◽  
Behavioral Features

Social signals, such as changes in gaze direction, are essential cues to predict others’ mental states and behaviors (i.e., mentalizing). Studies show that humans can mentalize with non-human agents when they perceive a mind in them (i.e., mind perception). Robots that physically and/or behaviorally resemble humans likely trigger mind perception, which enhances the relevance of social cues and improves social-cognitive performance. The current ex-periments examine whether the effect of physical and behavioral influencers of mind perception on social-cognitive processing is modulated by the lifelikeness of a social interaction. Participants interacted with robots of varying degrees of physical (humanlike vs. robot-like) and behavioral (reliable vs. random) human-likeness while the lifelikeness of a social attention task was manipulated across five experiments. The first four experiments manipulated lifelikeness via the physical realism of the robot images (Study 1 and 2), the biological plausibility of the social signals (Study 3), and the plausibility of the social con-text (Study 4). They showed that humanlike behavior affected social attention whereas appearance affected mind perception ratings. However, when the lifelikeness of the interaction was increased by using videos of a human and a robot sending the social cues in a realistic environment (Study 5), social attention mechanisms were affected both by physical appearance and behavioral features, while mind perception ratings were mainly affected by physical appearance. This indicates that in order to understand the effect of physical and behavioral features on social cognition, paradigms should be used that adequately simulate the lifelikeness of social interactions.

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