An oTree-based flexible architecture for financial market experiments

Eric M. Aldrich, Hasan Ali Demirci and Kristian Lopez Vargas

Journal of Behavioral and Experimental Finance, 2020, vol. 25, issue C

Abstract: This document presents an architecture for experiments in finance. The architecture builds on oTree, a modern platform for behavioral experiments, allowing for sophisticated economic environments, market institutions, and trader strategies. The system supports both continuous-and discrete-time markets, and allows for communication latencies at time resolutions of 10–20 ms. Such precise communication latencies facilitate the experimental study of high-frequency trading. The architecture also modularizes its main components, which makes the system flexible, portable, and scalable.

Keywords: Market design; Experimental finance; Algorithmic trading; Laboratory experiments; Economic software (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:25:y:2020:i:c:s2214635018302715

DOI: 10.1016/j.jbef.2019.03.007

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