Host: The Japan Society of Mechanical Engineers, The Society of Instrument and Control Engineers, The Institute of Systems, Control and Information Engineers, The Society of Chemical Engineers, The Japan Society for Precision Engineering, The Japan Society for Aeronautical and Space Sciences, The Institute of Electrical Engineers of Japan
Co-host: Technically Cosponsored by 51 Societies and Institutes
Name : THE 59TH JAPAN JOINT AUTOMATIC CONTROL CONFERENCE
Location : [in Japanese]
Date : November 10, 2016 - November 12, 2016
We study foreign exchange markets on the basis of many-body stochastic processes. We consider a stochastic system with many traders who transact their currencies with each other to investigate the statistics of price differences and the typical order-book profile numerically and theoretically. We also analyze data in a real foreign exchange market in terms of both price and order-book distribution, and check the consistence between our model and the empirical results.