An oTree-based Flexible Architecture for Financial Market Experiments

This document presents an architecture for experiments in finance. The architecture builds on oTree, a modern platform for behavioral experiments, allowingfor experiments to have sophisticated economic environments, market institutions,and trader strategies. The system supports both continuous as well as discrete-time markets. This architecture allows the experimenter to have a good controlof communication latencies down to one or two hundredths of a second. This, inturn, for instance, facilitates the experimental study of high-frequency trading. Also, the architecture modularizes its main components which makes the systemflexible, portable, and scalable.

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Recommended citation: Aldrich, E., Demirci, H. A. & López Vargas, K. (2020). "An oTree-based Flexible Architecture for Financial Market Experiments." Journal of Behavioral and Experimental Finance, 25, 100205.