How to Use the U-Mart Market Simulator
The U-Mart system utilizes the following three types of tools in experiments by human agents: a market simulator, a market server and a trading terminal. Not much difference can be found among these three tools in their appearances and uses. In addition, a tool that uses only the machine agents to conduct experiments under various conditions (accelerating experiment support tool) are also prepared, as well as another tool for machine agents to participate in a transaction through a network (network adapter). This chapter gives an explanation as to how to use the market simulator. If you learn how to handle the market simulator, you will be able to make full use of the entire U-Mart system.1
KeywordsFuture Price Partial Position Limit Order Spot Price Order Book
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