VESTNIK of Samara University. Aerospace and Mechanical EngineeringVESTNIK of Samara University. Aerospace and Mechanical Engineering2542-04532541-7533Samara National Research University198710.18287/2541-7533-2012-0-2(33)-274-281UnknownSimulation modeling of stock marketsSteryakovA. A.<p>Post-graduate Student of Physics Department</p>lubopitnij@mail.ruSamara State Aerospace University180620121122742810912201409122014Copyright © 2015, VESTNIK of the Samara State Aerospace University2015<p>In the framework of microscopic simulation a mathematical model of the stock exchange is developed inthe case of one type of shares. The model exhibits self-maintained trading which results in the price formationwhich is sensitive only to the values of internal market parameters. The main statistical properties of the resultingprice time series which are similar to the real stock time series are consistent with so-called stylized facts ofreal market data. The program Exchange simulation which is a computer representation of our model is developedand implemented.</p>Stock marketagent-based modelcomputer modelingmicroscopic simulationstatistical propertiessecuritiesФондовый рынокагентное моделированиеимитационное моделированиемеханическая система торговлимикроскопическая симуляциястатистические характеристикиценные бумаги