DocumentCode
3258051
Title
Neural logic hybrid system for currency option trading
Author
Quah, T.S. ; Teh, H.H. ; Tan, C.L.
Author_Institution
Inst. of Syst. Sci., Nat. Univ. of Singapore, Singapore
Volume
2
fYear
1995
fDate
Nov/Dec 1995
Firstpage
824
Abstract
International currency market is very sensitive to all forms of worldwide current affairs and governmental economics statistics releases. Such news frequently causes imbalances in the demand and supply of currencies and therefore leads to fluctuations of the exchange rates. In the past, foreign exchange traders depend heavily on their experience and gut feelings when they transact. The emerging neural-network based expert systems has become a viable tool for supporting such strategic decision-making. Besides being flexible, such as having learning capability, these systems can also handle the fuzziness and biasness of human decision processes. This paper presents a neural network expert system for supporting the forex trader in their decision processes
Keywords
decision support systems; expert systems; foreign exchange trading; fuzzy logic; neural nets; DSS; bias; currency option trading; current affairs; decision support system; exchange rate fluctuations; forex; fuzziness; governmental economics statistics releases; international currency market; neural logic hybrid system; neural-network based expert systems; strategic decision-making; Computer science; Economic forecasting; Economic indicators; Exchange rates; Expert systems; Humans; Information systems; Logic; Neural networks; Statistics;
fLanguage
English
Publisher
ieee
Conference_Titel
Neural Networks, 1995. Proceedings., IEEE International Conference on
Conference_Location
Perth, WA
Print_ISBN
0-7803-2768-3
Type
conf
DOI
10.1109/ICNN.1995.487524
Filename
487524
Link To Document