I wouldn't constrain the system unless you absolutely have to. I'm sure that the constraint will distort the dynamics. Think of it this way, if the trading period were to occur again in an alternative or parallel universe, would it have the identical number and volume of trades?But if you want N trades distributed across a time interval, then set the time of each trade (not the interval between trades) to be drawn from a uniform random variable on that time interval.
Last edited by Traden4Alpha
on October 3rd, 2006, 10:00 pm, edited 1 time in total.