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Since they were authorized by the U.S. Security and Exchange Commission in 1998, electronic exchanges have boomed, and by 2010 high frequency trading accounted for over 70% of equity trades in the US. Such markets are thought to increase…

Trading and Market Microstructure · Quantitative Finance 2012-10-23 Rene Carmona , Kevin Webster

This study investigates and uses multi-kernel Hawkes models to describe a high-frequency mid-price process. Each kernel represents a different responsive speed of market participants. Using the conditional Hessian, we examine whether the…

Statistical Finance · Quantitative Finance 2024-10-04 Kyungsub Lee

Audio-based equipment condition monitoring suffers from a lack of standardized methodologies for algorithm selection, hindering reproducible research. This paper addresses this gap by introducing a comprehensive framework for the systematic…

Machine Learning · Computer Science 2026-03-20 Srijesh Pillai , Yodhin Agarwal , Zaheeruddin Ahmed

Reach and Frequency (R&F) contract advertising is an important form of widely used brand advertising. Unlike performance advertising, R&F contracts emphasize controllable delivery of UV and PV under given targeting, scheduling, and…

Machine Learning · Computer Science 2026-04-21 Yunshan Peng , Ji Wu , Wentao Bai , Yunke Bai , Jinan Pang , Wenzheng Shu , Yanxiang Zeng , Xialong Liu , Peng Jiang

I present an overview of some recent advancements on the empirical analysis and theoretical modeling of the process of price formation in financial markets as the result of the arrival of orders in a limit order book exchange. After…

Trading and Market Microstructure · Quantitative Finance 2021-05-04 Fabrizio Lillo

This research evaluates the performance of an Artificial Neural Network based prediction system that was employed on the Shanghai Stock Exchange for the period 21-Sep-2016 to 11-Oct-2016. It is a follow-up to a previous paper in which the…

Statistical Finance · Quantitative Finance 2016-12-09 Barack Wamkaya Wanjawa

Stock price prediction can be made more efficient by considering the price fluctuations and understanding the sentiments of people. A limited number of models understand financial jargon or have labelled datasets concerning stock price…

Statistical Finance · Quantitative Finance 2021-03-31 Mukul Jaggi , Priyanka Mandal , Shreya Narang , Usman Naseem , Matloob Khushi

A key requirement for supervised machine learning is labeled training data, which is created by annotating unlabeled data with the appropriate class. Because this process can in many cases not be done by machines, labeling needs to be…

Machine Learning · Computer Science 2019-12-12 Nicolas Michael Müller , Karla Markert

We develop a general class of noise-robust estimators based on the existing estimators in the non-noisy high-frequency data literature. The microstructure noise is a parametric function of the limit order book. The noise-robust estimators…

Statistics Theory · Mathematics 2020-09-18 Simon Clinet , Yoann Potiron

The prediction of stock prices is an important task in economics, investment and making financial decisions. This has, for decades, spurred the interest of many researchers to make focused contributions to the design of accurate stock price…

Statistical Finance · Quantitative Finance 2020-06-08 Bradley J. Pillay , Absalom E. Ezugwu

Machine learning has been used in all kinds of fields. In this article, we introduce how machine learning can be applied into time series problem. Especially, we use the airline ticket prediction problem as our specific problem. Airline…

Machine Learning · Computer Science 2018-02-06 Jun Lu

Great research efforts have been devoted to exploiting deep neural networks in stock prediction. While long-range dependencies and chaotic property are still two major issues that lower the performance of state-of-the-art deep learning…

Statistical Finance · Quantitative Finance 2021-11-02 Junran Wu , Ke Xu , Xueyuan Chen , Shangzhe Li , Jichang Zhao

Estimating frequency moments of data streams is a very well studied problem and tight bounds are known on the amount of space that is necessary and sufficient when the stream is adversarially ordered. Recently, motivated by various…

Data Structures and Algorithms · Computer Science 2008-08-19 Alexandr Andoni , Andrew McGregor , Krzysztof Onak , Rina Panigrahy

The selection of algorithms is a crucial step in designing AI services for real-world time series classification use cases. Traditional methods such as neural architecture search, automated machine learning, combined algorithm selection,…

Machine Learning · Computer Science 2024-10-02 Lars Böcking , Leopold Müller , Niklas Kühl

Prediction of future movement of stock prices has been a subject matter of many research work. There is a gamut of literature of technical analysis of stock prices where the objective is to identify patterns in stock price movements and…

Statistical Finance · Quantitative Finance 2021-09-07 Sidra Mehtab , Jaydip Sen

Market prediction plays a major role in supporting financial decisions. An emerging approach in this domain is to use graphical modeling and analysis to for prediction of next market index fluctuations. One important question in this domain…

Statistical Finance · Quantitative Finance 2022-12-13 Alireza Jafari , Saman Haratizadeh

This work's purpose is to understand the dynamics of limit order books in order-driven markets. We try to illustrate a dynamical trading mechanism attached to the microstructure of limit order markets. We capture the iterative nature of…

Trading and Market Microstructure · Quantitative Finance 2014-01-13 Shilei Wang

We examine the dynamics of the bid and ask queues of a limit order book and their relationship with the intensity of trade arrivals. In particular, we study the probability of price movements and trade arrivals as a function of the quote…

Trading and Market Microstructure · Quantitative Finance 2013-12-03 Alexander Lipton , Umberto Pesavento , Michael G Sotiropoulos

In the rapidly evolving world of financial markets, understanding the dynamics of limit order book (LOB) is crucial for unraveling market microstructure and participant behavior. We introduce ClusterLOB as a method to cluster individual…

Trading and Market Microstructure · Quantitative Finance 2025-05-13 Yichi Zhang , Mihai Cucuringu , Alexander Y. Shestopaloff , Stefan Zohren

Accurate demand estimation is critical for the retail business in guiding the inventory and pricing policies of perishable products. However, it faces fundamental challenges from censored sales data during stockouts, where unobserved demand…

Machine Learning · Computer Science 2025-05-26 Yangyang Wang , Jiawei Gu , Li Long , Xin Li , Li Shen , Zhouyu Fu , Xiangjun Zhou , Xu Jiang