A NASDAQ Market Simulation is popular PDF and ePub book, written by Vincent Darley in 2007, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, A NASDAQ Market Simulation can be Read Online from any device for your convenience.
A NASDAQ Market Simulation Book PDF Summary
This pioneering book describes the applications of agent-based modeling to financial markets. It presents a new paradigm for finance, where markets are treated as complex systems whose behavior emerges as a result of interactions of market participants, market institutions, and market rules. This includes both a presentation of the conceptual model and its software implementation. It also summarises the result of the profound research on the successful practical application of this new approach to answer questions regarding the NASDAQ Stock Market's decimalization that was implemented in 2001.The book presents conceptual foundations for modeling markets as complex systems. It describes the agent-based model of the NASDAQ stock market, including strategies used by market-makers and investors, market participants interactions, and impacts of rules and regulations. It includes analyses of simulation behavior, comparison with the behaviors observed in the real-world markets (existence of fat tails, spread clustering, etc.), and predictions about possible outcomes of decimalization. A framework for calibrating the market behavior and individual market-makers strategies to historical data is also presented.
Detail Book of A NASDAQ Market Simulation PDF
- Author : Vincent Darley
- Release : 22 September 2024
- Publisher : World Scientific
- ISBN : 9789812700018
- Genre : Business & Economics
- Total Page : 167 pages
- Language : English
- PDF File Size : 11,7 Mb
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