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 :
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