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Scalable Agent-Based Modeling for Complex Financial Market Simulations

2023-12-22 · Aaron Wheeler, Jeffrey D. Varner

In this study, we developed a computational framework for simulating large-scale agent-based financial markets. Our platform supports trading multiple simultaneous assets and leverages distributed computing to scale the number and complexity of simulated agents. Heterogeneous agents make decisions in parallel, and their orders are processed through a realistic, continuous double auction matching engine. We present a baseline model implementation and show that it captures several known statistical properties of real financial markets (i.e., stylized facts). Further, we demonstrate these results without fitting models to historical financial data. Thus, this framework could be used for direct applications such as human-in-the-loop machine learning or to explore theoretically exciting questions about market microstructure's role in forming the statistical regularities of real markets. To the best of our knowledge, this study is the first to implement multiple assets, parallel agent decision-making, a continuous double auction mechanism, and intelligent agent types in a scalable real-time environment.

📄 PDF Abstract BibTeX arXiv:2312.14903

Code (2)

aaron-wheeler/brokerage.jl 공식 구현
aaron-wheeler/tradingagents.jl 공식 구현

Tasks

Decision MakingDistributed Computing

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