With the help of researchers Robert Marks, Blake LeBaron and John Holland, I have been able to start implementing an algorithm for a “self operating” stock exchange. Called MyStocko, it is an application that will be able to operate a simulated stock exchange automatically without any user or operator intervention.
It records all buy/sell transactions, and works out figures such as the high and low sell price of any stocks. It is not yet complete at all, but it is coming there.
There is no user interface for buying or selling shares, but when it is done manually in the MyInfo database (from MyBanco) most of the other figures are worked out automatically. Already it is starting to draw graphs showing the history of buy and sell prices, and I can’t wait for it to be released.
More about it later 🙂