Sato, Aki-Hiro; Hayashi, Takaki; Hołyst, Janusz - In: Journal of Economic Interaction and Coordination 7 (2012) 2, pp. 167-179
We investigate quotation and transaction activities in the foreign exchange market for every week during the period of June 2007 to December 2010. A scaling relationship between the mean values of number of quotations (or number of transactions) for various currency pairs and the corresponding...