I would also like to thank Mr. Kwek for his kind advice about the algorithmics and programming. I would also like to thank Dr. Lawrence Ma for his help with obtaining the market data and for the many helpful discussions I have had with him.
Last but not least, I would like to thank Cheong Siew Ann, Chong Shang Shan and Lim Hway Kiong for their kind help they provided me while writing this thesis.