Host: Japan Society for Fuzzy Theory and Intelligent Informatics (SOFT)
Name : 35th Fuzzy System Symposium
Number : 35
Location : [in Japanese]
Date : August 29, 2019 - August 31, 2019
Price fluctuation is a random walk and the resulting statistical distribution is Gaussian. This is the starting point of financial engineering to derive, for example, the Black-Sholes Formula for derivative prices. On the other hand, it is widely known that the real price time series are not Gaussian, and the resulting statistical distribution have 'fat' tails at the both tails of the distribution. In order solve this problem, it is expected that a new knowledge and deep insight are called for. In this article, we report our new discovery in the ultra-high speed transactions in the range of a few seconds to a few minutes. For the real usage of those knowledge, it is expected to construct a new field of combined knowledge of statistics, intelligent information techniques including Fuzzy engineering.
