ANY REAL GENETIC ALGORITHM APPLICATIONS ?
Genetic algorithms have been used to find the optimal . . . • Budget allocation • Job shop schedule • Chemical inventory • Starting conditions • Military response • Investment portfolio • Fuel consumption • Investment trading rules • Electronic circuit design With regard to financial applications, genetic algorithm optimization has been applied to . . . • Portfolio Balancing & Optimization • Budget Forecasting • Investment Optimization • Payment Scheduling Major banks are using a GA component in their loan evaluation programs, such as the one marketed by KiQ of London. Currency traders at Citibank are using GAs to select characteristics of sequences of financial data to more accurately predict their future behavior. Stock traders at Salomon Brothers are using GAs to search for optimal trading rule combinations. Fund managers at Fidelity Investments try to best bundle securities to satisfy constraints. First Quadrant manages a $10-billion portfolio of pension funds, and uses genetic alg