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We develop a behavioral model for liquidity and volatility based on empirical regularities in trading order flow in the London Stock Exchange. This can be viewed as a very simple agent based model in which all components of the model are…

Statistical Finance · Quantitative Finance 2008-12-02 Szabolcs Mike , J. Doyne Farmer

Evolutions of the trading landscape lead to the capability to exchange the same financial instrument on different venues. Because of liquidity issues, the trading firms split large orders across several trading destinations to optimize…

Trading and Market Microstructure · Quantitative Finance 2010-07-28 Sophie Laruelle , Charles-Albert Lehalle , Gilles Pagès

Artificial intelligence-based three-dimensional(3D) fluid modeling has gained significant attention in recent years. However, the accuracy of such models is often limited by the processing of irregular flow data. In order to bolster the…

Fluid Dynamics · Physics 2023-07-17 Xin Li , Zhiwen Deng , Rui Feng , Ziyang Liu , Renkun Han , Hongsheng Liu , Gang Chen

In this research, we focus on the order-splitting behavior. The order splitting is a trading strategy to execute their large potential metaorder into small pieces to reduce transaction cost. This strategic behavior is believed to be…

Trading and Market Microstructure · Quantitative Finance 2023-11-10 Yuki Sato , Kiyoshi Kanazawa

Asynchronous trading in high-frequency financial markets introduces significant biases into econometric analysis, distorting risk estimates and leading to suboptimal portfolio decisions. Existing synchronization methods, such as the…

Econometrics · Economics 2025-07-17 Xinbing Kong , Cheng Liu , Bin Wu

Lagrangian data assimilation of complex nonlinear turbulent flows is an important but computationally challenging topic. In this article, an efficient data-driven statistically accurate reduced-order modeling algorithm is developed that…

Atmospheric and Oceanic Physics · Physics 2022-03-02 Nan Chen , Shubin Fu , Georgy E Manucharyan

Starting from the characterization of the past time evolution of market prices in terms of two fundamental indicators, price velocity and price acceleration, we construct a general classification of the possible patterns characterizing the…

Statistical Mechanics · Physics 2009-10-31 J. V. Andersen , S. Gluzman , D. Sornette

We propose a simple distributed hash table called ReCord, which is a generalized version of Randomized-Chord and offers improved tradeoffs in performance and topology maintenance over existing P2P systems. ReCord is scalable and can be…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-08-31 Jianyang Zeng , Wen-Jing Hsu

We investigate a decentralised approach to committing transactions in a replicated database, under partial replication. Previous protocols either re-execute transactions entirely and/or compute a total order of transactions. In contrast,…

Databases · Computer Science 2009-09-29 Pierre Sutra , Marc Shapiro

We carry out a large-scale empirical data analysis to examine the efficiency of the so-called pairs trading. On the basis of relevant three thresholds, namely, starting, profit-taking, and stop-loss for the `first-passage process' of the…

Trading and Market Microstructure · Quantitative Finance 2015-03-20 Mitsuaki Murota , Jun-ichi Inoue

Recently, flow-based generative models have shown superior efficiency compared to diffusion models. In this paper, we study rectified flow models, which constrain transport trajectories to be linear from the base distribution to the data…

Machine Learning · Computer Science 2026-01-29 Hari Krishna Sahoo , Mudit Gaur , Vaneet Aggarwal

Order flow in equity markets is remarkably persistent in the sense that order signs (to buy or sell) are positively autocorrelated out to time lags of tens of thousands of orders, corresponding to many days. Two possible explanations are…

Trading and Market Microstructure · Quantitative Finance 2014-12-02 Bence Toth , Imon Palit , Fabrizio Lillo , J. Doyne Farmer

Electronic markets generate dense order flow with many transient orders, which degrade directional signals derived from the limit order book (LOB). We study whether simple structural filters on order lifetime, modification count, and…

Trading and Market Microstructure · Quantitative Finance 2025-12-09 Aditya Nittur Anantha , Shashi Jain , Prithwish Maiti

The time proximity of high-frequency trades can contain a salient signal. In this paper, we propose a method to classify every trade, based on its proximity with other trades in the market within a short period of time, into five types. By…

Trading and Market Microstructure · Quantitative Finance 2024-03-15 Yutong Lu , Gesine Reinert , Mihai Cucuringu

Financial organisations such as brokers face a significant challenge in servicing the investment needs of thousands of their traders worldwide. This task is further compounded since individual traders will have their own risk appetite and…

Statistical Finance · Quantitative Finance 2024-07-01 Wojciech Wisniewski , Yuri Kalnishkan , David Lindsay , Siân Lindsay

Short-term patterns in financial time series form the cornerstone of many algorithmic trading strategies, yet extracting these patterns reliably from noisy market data remains a formidable challenge. In this paper, we propose an…

Trading and Market Microstructure · Quantitative Finance 2025-03-11 Rishabh Gupta , Shivam Gupta , Jaskirat Singh , Sabre Kais

The study seeks to develop an effective strategy based on the novel framework of statistical arbitrage based on graph clustering algorithms. Amalgamation of quantitative and machine learning methods, including the Kelly criterion, and an…

Portfolio Management · Quantitative Finance 2024-06-18 Adam Korniejczuk , Robert Ślepaczuk

We study tick-by-tick financial returns belonging to the FTSE MIB index of the Italian Stock Exchange (Borsa Italiana). We can confirm previously detected non-stationarities. However, scaling properties reported in the previous literature…

Statistical Finance · Quantitative Finance 2017-02-28 Linda Ponta , Mailan Trinh , Marco Raberto , Enrico Scalas , Silvano Cincotti

With online payment platforms being ubiquitous and important, fraud transaction detection has become the key for such platforms, to ensure user account safety and platform security. In this work, we present a novel method for detecting…

Machine Learning · Computer Science 2020-03-30 Longfei Li , Ziqi Liu , Chaochao Chen , Ya-Lin Zhang , Jun Zhou , Xiaolong Li

Recovery of internet network traffic data from incomplete observed data is an important issue in internet network engineering and management. In this paper, by fully combining the temporal stability and periodicity features in internet…

Numerical Analysis · Mathematics 2020-05-25 Chen Ling , Gaohang Yu , Liqun Qi , Yanwei Xu
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