Milestone 1 – Project Proposal

Our primary goal for this project is to finding arbitrage opportunities between the market. Our KPI is the currency rate, the company’s stock exchange rate, and the stock conversion ratio. We want to observe how the stock price is fluctuating in different companies in each stock exchange despite having different currency and time zone.

We decided to work on the dataset that has the record of four different stock exchanges, such as NYSE, NASDAQ, HKSE, TWSE. We will have another dataset that is consists of the currency exchange rate based on a specific period. Other datasets that will be consist of the list of companies from each stock exchange, daily prices, and stock conversion ratio. We realized that in our dataset, some of the companies are trading the same stock in the multiple stock exchanges and using differnt currency. This will help us to see the bigger picture by showing how differnt currency is affecting the market.

Our primary source for our dataset can be yahoo finance.