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An Agent-Based Commodity Trading Simulation, Shih-Fen Cheng, Yee Pin Lim, Chao-Chi Liu

Research Collection School Of Computing and Information Systems

In recent years, the study of trading in electronic markets has received significant amount of attention, particularly in the areas of artificial intelligence and electronic commerce. With increasingly sophisticated technologies being applied in analyzing information and making decisions, fully autonomous software agents are expected to take up significant roles in many important fields. This trend is most obvious in the financial domain, where speed of reaction is highly valued and significant investments have been made in information and communication technologies.Despite the successes of automated trading in many important classes of financial markets, commodity trading has lagged behind, mainly because of …