• DocumentCode
    3023521
  • Title

    An Agent-Based Simulation Model of Options Market

  • Author

    Jie, Zhang ; Jing, Cui ; Dongsheng, Zhai ; Quan, Zhang

  • Author_Institution
    Dept. of Manage. Sci. & Eng., Beijing Univ. of Technol., Beijing, China
  • Volume
    4
  • fYear
    2009
  • fDate
    7-8 Nov. 2009
  • Firstpage
    175
  • Lastpage
    178
  • Abstract
    This paper conducts a comprehensive, systematic exposition about the options market, introduces the basic knowledge of continuous double auction mechanism, then discusses agents´ trading strategies that based on Zero-Intelligence-Plus algorithms, and simulate the options trading process by using the Swarm platform. After modeling and simulation, we find that the experimental results are in consistent with the actual market.
  • Keywords
    electronic commerce; electronic trading; software agents; agent-based simulation model; agents trading strategy; continuous double auction mechanism; options market; options trading process; swarm platform; zero-intelligence-plus algorithms; Artificial intelligence; Computational intelligence; Agent; Options market; Simulation model;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Artificial Intelligence and Computational Intelligence, 2009. AICI '09. International Conference on
  • Conference_Location
    Shanghai
  • Print_ISBN
    978-1-4244-3835-8
  • Electronic_ISBN
    978-0-7695-3816-7
  • Type

    conf

  • DOI
    10.1109/AICI.2009.180
  • Filename
    5376394