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This paper presents a new financial market simulator that may be used as a tool in both industry and academia for research in market microstructure. It allows multiple automated traders and/or researchers to simultaneously connect to an…

Trading and Market Microstructure · Quantitative Finance 2020-08-31 Thiago W. Alves , Ionut Florescu , George Calhoun , Dragos Bozdog

Following a long tradition of physicists who have noticed that the Ising model provides a general background to build realistic models of social interactions, we study a model of financial price dynamics resulting from the collective…

Statistical Mechanics · Physics 2008-12-02 Didier Sornette , Wei-Xing Zhou

In the many fields in which the Ising model is applied nowadays, the spin variables are often assumed to be of spin-class $\{-1,1\}$ or $\{0,1\}$, even though for any mix of binary real valued spin-classes a proper Ising model distribution…

Statistical Mechanics · Physics 2020-06-25 Joost Kruis

Asymmetric Ising model, in which coupled spins affect each other differently, plays an important role in diverse fields, from physics to biology to artificial intelligence. We show that coupled parametric oscillators provide a…

Mesoscale and Nanoscale Physics · Physics 2024-06-11 C. Han , M. Wang , B. Zhang , M. I. Dykman , H. B. Chan

In this study, we developed a computational framework for simulating large-scale agent-based financial markets. Our platform supports trading multiple simultaneous assets and leverages distributed computing to scale the number and…

Trading and Market Microstructure · Quantitative Finance 2024-02-01 Aaron Wheeler , Jeffrey D. Varner

In setting up a stochastic description of the time evolution of a financial index, the challenge consists in devising a model compatible with all stylized facts emerging from the analysis of financial time series and providing a reliable…

Statistical Finance · Quantitative Finance 2009-11-13 Fulvio Baldovin , Attilio L. Stella

The volatility of financial instruments is rarely constant, and usually varies over time. This creates a phenomenon called volatility clustering, where large price movements on one day are followed by similarly large movements on successive…

Statistical Finance · Quantitative Finance 2015-05-08 Gordon J. Ross

To investigate novel aspects of pattern formation in spin systems, we use a mapping between reactive concentrations in a reaction-diffusion system and spin orientations in a dynamic multiple-spin Ising model. While pattern formation in…

Adaptation and Self-Organizing Systems · Physics 2019-10-15 Mélody Merle , Laura Messio , Julien Mozziconacci

We develop a new stock market index that captures the chaos existing in the market by measuring the mutual changes of asset prices. This new index relies on a tensor-based embedding of the stock market information, which in turn frees it…

Statistical Finance · Quantitative Finance 2021-06-09 Masoud Ataei , Shengyuan Chen , Zijiang Yang , M. Reza Peyghami

We review the recent approach of correlation based networks of financial equities. We investigate portfolio of stocks at different time horizons, financial indices and volatility time series and we show that meaningful economic information…

Statistical Mechanics · Physics 2009-11-10 G. Bonanno , G. Caldarelli , F. Lillo , S. Micciche` , N. Vandewalle , R. N. Mantegna

While the usual goal in Monte Carlo (MC) simulations of Ising models is the efficient generation of spin configurations with Boltzmann probabilities, the inverse problem is to determine the coupling constants from a given set of spin…

Disordered Systems and Neural Networks · Physics 2017-05-24 Joseph Albert , Robert H. Swendsen

An empirical algorithm is used here to study the stochastic and multifractal nature of nonlinear time series. A parameter can be defined to quantitatively measure the deviation of the time series from a Wiener process so that the…

Statistical Finance · Quantitative Finance 2014-01-08 Chih-Hao Lin , Chia-Seng Chang , Sai-Ping Li

This paper introduces a global stock market volatility forecasting model that enhances forecasting accuracy and practical utility in real-world financial decision-making by integrating dynamic graph structures and encompassing all active…

General Finance · Quantitative Finance 2025-09-17 Zhengyang Chi , Junbin Gao , Chao Wang

Time series models, typically trained on numerical data, are designed to forecast future values. These models often rely on weighted averaging techniques over time intervals. However, real-world time series data is seldom isolated and is…

Computation and Language · Computer Science 2024-07-08 Litton Jose Kurisinkel , Pruthwik Mishra , Yue Zhang

The stability of money value is an important requisite for a functioning economy, yet it critically depends on the actions of participants in the market themselves. Here we model the value of money as a dynamical variable that results from…

Statistical Mechanics · Physics 2009-11-07 Stefan Bornholdt , Friedrich Wagner

In this paper we present an interacting-agent model of stock markets. We describe a stock market through an Ising-like model in order to formulate the tendency of traders getting to be influenced by the other traders' investment attitudes…

Physics and Society · Physics 2013-09-11 Taisei Kaizoji

A simple Ising spin model which can describe the mechanism of price formation in financial markets is proposed. In contrast to other agent-based models, the influence does not flow inward from the surrounding neighbors to the center site,…

Statistical Mechanics · Physics 2009-11-07 K. Sznajd-Weron , R. Weron

Time series data in real-world applications such as healthcare, climate modeling, and finance are often irregular, multimodal, and messy, with varying sampling rates, asynchronous modalities, and pervasive missingness. However, existing…

Machine Learning · Computer Science 2025-10-16 Ching Chang , Jeehyun Hwang , Yidan Shi , Haixin Wang , Wen-Chih Peng , Tien-Fu Chen , Wei Wang

A model for the phenomenological description of tick-by-tick share prices in a stock exchange is introduced. It is based on mixtures of compound Poisson processes. Preliminary results based on Monte Carlo simulation show that this model can…

Physics and Society · Physics 2015-06-26 Enrico Scalas

An efficient Monte Carlo algorithm for the simulation of spin models with long-range interactions is discussed. Its central feature is that the number of operations required to flip a spin is independent of the number of interactions…

Statistical Mechanics · Physics 2007-05-23 Erik Luijten