• 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