Financialization in this sense refers to the increased mobility of transnational capital flows, as well as to the way those flows are accelerating and becoming more and more chaotic thanks to increasingly sophisticated forms of securitization and automated high-frequency trading, a system in which computers are, by some accounts, executing the majority of exchanges (Tiessen 2012). It also refers to the way financial markets are increasingly shaped by almost sublime formulae and technologies for managing risk, for creating new, overlapping, interconnected derivative products whose scale and complexity defy the human imagination (Holmes 2010; Stark 2009).

Max Haiven, Cultures of Financialization, loc. 71