Researchers gain new insight into the foreign exchange market (w/ video)
Wednesday, March 16, 2011 - 16:31
in Mathematics & Economics
Physicist Guannan Zhao, Ph.D. student at the University of Miami, and his collaborators have developed a mathematical model to describe the timing of price changes of currencies and the overall dynamics of the Foreign Exchange (FX) market. Zhao presented his findings in a keynote address on Saturday, March 12, at the second International Conference on Financial Theory and Engineering (ICFTE 2011), in Shanghai, China.