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This paper analyzes correlations in patterns of trading of different members of the London Stock Exchange. The collection of strategies associated with a member institution is defined by the sequence of signs of net volume traded by that…

Statistical Finance · Quantitative Finance 2009-11-13 Ilija I. Zovko , J. Doyne Farmer

In this work, we propose an order book model with herd behavior. The proposed model is built upon two distinct approaches: a recent empirical study of the detailed order book records by Kanazawa et al. [Phys. Rev. Lett. 120, 138301] and…

Statistical Finance · Quantitative Finance 2019-04-09 Aleksejus Kononovicius , Julius Ruseckas

The era of information explosion had prompted the accumulation of a tremendous amount of time-series data, including stationary and non-stationary time-series data. State-of-the-art algorithms have achieved a decent performance in dealing…

Machine Learning · Computer Science 2021-11-23 Xipei Wang , Haoyu Zhang , Yuanbo Zhang , Meng Wang , Jiarui Song , Tin Lai , Matloob Khushi

We introduce a new non parametric method that allows for a direct, fast and efficient estimation of the matrix of kernel norms of a multivariate Hawkes process, also called branching ratio matrix. We demonstrate the capabilities of this…

Trading and Market Microstructure · Quantitative Finance 2017-06-13 Massil Achab , Emmanuel Bacry , Jean-François Muzy , Marcello Rambaldi

A high-performance algorithm for searching for frequent patterns (FPs) in transactional databases is presented. The search for FPs is carried out by using an iterative sieve algorithm by computing the set of enclosed cycles. In each inner…

Databases · Computer Science 2007-05-23 Gennady P. Berman , Vyacheslav N. Gorshkov , Edward P. MacKerrow , Xidi Wang

The price movement prediction of stock market has been a classical yet challenging problem, with the attention of both economists and computer scientists. In recent years, graph neural network has significantly improved the prediction…

Statistical Finance · Quantitative Finance 2023-05-16 Sheng Xiang , Dawei Cheng , Chencheng Shang , Ying Zhang , Yuqi Liang

Markets efficiency implies that the stock returns are intrinsically unpredictable, a property that makes markets comparable to random number generators. We present a novel methodology to investigate ultra-high frequency financial data and…

Statistical Finance · Quantitative Finance 2025-11-24 Silvia Onofri , Andrey Shternshis , Stefano Marmi

This work introduces a framework for evaluating onchain order flow auctions (OFAs), emphasizing the metric of price improvement. Utilizing a set of open-source tools, our methodology systematically attributes price improvements to specific…

Trading and Market Microstructure · Quantitative Finance 2024-05-27 Brad Bachu , Xin Wan , Ciamac C. Moallemi

As the sheer amount of computer generated data continues to grow exponentially, new bottlenecks are unveiled that require rethinking our traditional software and hardware architectures. In this paper we present five algorithms and data…

Networking and Internet Architecture · Computer Science 2017-11-21 Jordi Ros-Giralt , Alan Commike , Peter Cullen , Richard Lethin

High-frequency trading (HFT) is an investing strategy that continuously monitors market states and places bid and ask orders at millisecond speeds. Traditional HFT approaches fit models with historical data and assume that future market…

Trading and Market Microstructure · Quantitative Finance 2025-05-23 Yang Li , Zhi Chen , Steve Yang

Over the past few decades, the hydrology community has witnessed notable advancements in streamflow prediction, particularly with the introduction of cutting-edge machine-learning algorithms. Recurrent neural networks, especially Long…

Machine Learning · Computer Science 2023-05-23 Sinan Rasiya Koya , Tirthankar Roy

This paper presents novel results generated from a new simulation model of a contemporary financial market, that cast serious doubt on the previously widely accepted view of the relative performance of various well-known public-domain…

Trading and Market Microstructure · Quantitative Finance 2020-09-16 Michael Rollins , Dave Cliff

We formulate a hierarchical rectified flow to model data distributions. It hierarchically couples multiple ordinary differential equations (ODEs) and defines a time-differentiable stochastic process that generates a data distribution from a…

Machine Learning · Computer Science 2025-03-04 Yichi Zhang , Yici Yan , Alex Schwing , Zhizhen Zhao

Scanning and filtering over multi-dimensional tables are key operations in modern analytical database engines. To optimize the performance of these operations, databases often create clustered indexes over a single dimension or…

Databases · Computer Science 2020-06-25 Vikram Nathan , Jialin Ding , Mohammad Alizadeh , Tim Kraska

In many real world networks, a vertex is usually associated with a transaction database that comprehensively describes the behaviour of the vertex. A typical example is the social network, where the behaviour of every user is depicted by a…

Databases · Computer Science 2018-05-10 Mingtao Lei , Lingyang Chu , Zhefeng Wang

In this paper we address the problem of rule-based stream data cleaning, which sets stringent requirements on latency, rule dynamics and ability to cope with the unbounded nature of data streams. We design a system, called Bleach, which…

Databases · Computer Science 2016-09-19 Yongchao Tian , Pietro Michiardi , Marko Vukolic

The widespread application of machine learning techniques to biomedical data has produced many new insights into disease progression and improving clinical care. Inspired by the flexibility and interpretability of graphs (networks), as well…

Machine Learning · Computer Science 2023-12-27 Steven J. Krieg , Nitesh V. Chawla , Keith Feldman

Many applications collect a large number of time series, for example, the financial data of companies quoted in a stock exchange, the health care data of all patients that visit the emergency room of a hospital, or the temperature sequences…

Information Theory · Computer Science 2017-02-09 Jonathan Mei , José M. F. Moura

A set of analytical and computational tools based on transition path theory (TPT) is proposed to analyze flows in complex networks. Specifically, TPT is used to study the statistical properties of the reactive trajectories by which…

Statistical Mechanics · Physics 2015-06-18 Maria Cameron , Eric Vanden-Eijnden

This paper proposes a parametric approach for stochastic modeling of limit order markets. The models are obtained by augmenting classical perfectly liquid market models by few additional risk factors that describe liquidity properties of…

Trading and Market Microstructure · Quantitative Finance 2010-06-24 Pekka Malo , Teemu Pennanen