Self-organization of price fluctuation distribution in evolving markets
نویسندگان
چکیده
منابع مشابه
Self-organization of price fluctuation distribution in evolv- ing markets
– Financial markets can be seen as complex systems in non-equilibrium steady state, one of whose most important properties is the distribution of price fluctuations. Recently, there have been assertions that this distribution is qualitatively different in emerging markets as compared to developed markets. Here we analyse both high-frequency tick-by-tick as well as daily closing price data to sh...
متن کاملs . so c - ph ] 1 1 M ay 2 00 7 Self - organization of price fluctuation distribution in evolving mar - kets
Financial markets can be seen as complex systems in non-equilibrium steady state, one of whose most important properties is the distribution of price fluctuations. Recently, there have been assertions that this distribution is qualitatively different in emerging markets as compared to developed markets. Here we analyse both high-frequency tick-by-tick as well as daily closing price data to show...
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ژورنال
عنوان ژورنال: Europhysics Letters (EPL)
سال: 2007
ISSN: 0295-5075,1286-4854
DOI: 10.1209/0295-5075/77/58004