Bankruptcy prediction with neural logic networks by means of grammar-guided genetic programming
Expert Systems with Applications: An International Journal
An automated FX trading system using adaptive reinforcement learning
Expert Systems with Applications: An International Journal
Knowledge-intensive genetic discovery in foreign exchange markets
IEEE Transactions on Evolutionary Computation
Decision support for foreign investment strategy under hybrid uncertainty
Expert Systems with Applications: An International Journal
| Hi-index | 12.05 |
Management of foreign exchange risk is considered to be as important as trading results in firm performance when international trading and transaction of different kind of currencies are getting popular. Most previous researches on this issue have been based on the foreign exchange market and financial investing and accounting, focusing on theoretical point of view. And it is difficult to apply these research results to each company, since all companies in industry have different financial circumstances. In this paper, the solution for the foreign exchange management is proposed using GA and VaR which is very practical to export-oriented companies. The developed software enables a user to specify the criteria for the foreign exchange trading condition, constraints on dealing amount, GA operator and penalty, and variables in VaR. This approach is useful for managing foreign exchange holdings of a company in a practical way, analyzing past exchange rate trend with dealing results.