Within this framework, agents make decisions on buying and selling a particular currency based on their anticipation of the direction that market will drive prices to. They then respond to the market with a decision to buy or sell. Multiple agents participate in this electronic market that define the prices they sample. An important role that cannot be ignored in the foreign exchange market is the intervention of central bank. With current advance in information technology, trading can be made through internet.
Network security can be an important issue to ensure the accuracy of such transactions.
Several other interesting issues related to agent and market behaviors such as competition and co-evolution are being investigated. This research is intended to study agents' complex decision making process in a simulated electronic financial market. Each agent makes its own decision by adapting to different market conditions. In addition, more agents such as the inductive agents and other statistical agents, can be incrementally added to the market. All information arrives at the market through wireless networks or telephone lines.