SYSTEMS AND METHODS FOR DETERMINING A FAIR PRICE RANGE FOR COMMODITIES

摘要

A system and method for determining cross-market correlation factors which contribute to a response to a user request for a price. The system includes a database of plurality of commodities. The system includes a factor determination unit that, responsive to a user request, identifies inter-market and intra-market factors which contribute to a price determination for nearly all of the commodities. The system includes an evaluation unit that, responsive to the user request, evaluates the contribution of each of the inter-market and intra-market factors to identify candidate factors in a model of the commodity for which a price is requested. The system further includes a price response unit that responds to the request with a price for the asset, good or service based on the model. The system and method predict the price based on factors across multiple markets.