Effects of organizational diversity on trading performance utilizing Agent- Based Modeling

Abstract

The trading team of a financial institution consists of traders with various experiences and knowledge, and they trade according to their market views. A leader leads the team, and intervenes in the members' decision with his/her own views on the market. Although the trading team is initially diverse, it can become a uniform or a diverse team depending on the leader's intervention. This study will utilize Agent-Based Modeling (ABM) techniques to model the effects of leader intervention on organizational characteristics to clarify the impact of leader behavior on trading team performance. This study will report the results of interviews conducted with trading team leaders on the actual investment situation, keeping in mind Agent-Based Modeling (ABM) techniques, to clarify the impact of leader behavior on trading team performance and organizational characteristics.