Inter-pattern speculation: beyond minority, majority and $-games

A new model of financial market is proposed, based on the sequential and inter-temporal nature of trader-trader interaction. In this pattern- based speculation model, the traders open and close their positions explicitely. Information ecology can be precisely characterised, and is strikingly similar to that of the Minority Game. Naive and sophisticated agents are shown to give rise to very different phenomenology.Financial market, agent-based modelling, minority game, majority game, $-game, information, market efficiency