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We develop a Bayesian nonparametric framework for inference in spatio-temporal Hawkes processes, extending existing theoretical results beyond the purely temporal setting. Our framework encompasses modelling both the background and…

Statistics Theory · Mathematics 2026-01-08 Xenia Miscouridou , Deborah Sulem

The extent to which a matching engine can cloud the modelling of underlying order submission and management processes in a financial market remains an unanswered concern with regards to market models. Here we consider a 10-variate Hawkes…

Trading and Market Microstructure · Quantitative Finance 2021-08-18 Ivan Jericevich , Patrick Chang , Tim Gebbie

Physiological signal analysis often involves identifying events crucial to understanding biological dynamics. Traditional methods rely on handcrafted procedures or supervised learning, presenting challenges such as expert dependence, lack…

Signal Processing · Electrical Eng. & Systems 2024-06-26 Guillaume Staerman , Virginie Loison , Thomas Moreau

Because of their tractability and their natural interpretations in term of market quantities, Hawkes processes are nowadays widely used in high-frequency finance. However, in practice, the statistical estimation results seem to show that…

Statistical Finance · Quantitative Finance 2015-03-13 Thibault Jaisson , Mathieu Rosenbaum

Foundational marked temporal point process (MTPP) models, such as the Hawkes process, often use inexpressive model families in order to offer interpretable parameterizations of event data. On the other hand, neural MTPPs models forego this…

Machine Learning · Statistics 2025-11-04 Alex Boyd , Andrew Warrington , Taha Kass-Hout , Parminder Bhatia , Danica Xiao

Due to its low computational cost, Lasso is an attractive regularization method for high-dimensional statistical settings. In this paper, we consider multivariate counting processes depending on an unknown function parameter to be estimated…

Statistics Theory · Mathematics 2015-04-08 Niels Richard Hansen , Patricia Reynaud-Bouret , Vincent Rivoirard

A point process for event arrivals in high frequency trading is presented. The intensity is the product of a Hawkes process and high dimensional functions of covariates derived from the order book. Conditions for stationarity of the process…

Trading and Market Microstructure · Quantitative Finance 2026-05-12 Luca Mucciante , Alessio Sancetta

Gaussian processes offers a convenient way to perform nonparametric reconstructions of observational data assuming only a kernel which describes the covariance between neighbouring points in a data set. We approach the ambiguity in the…

Cosmology and Nongalactic Astrophysics · Physics 2021-08-17 Reginald Christian Bernardo , Jackson Levi Said

Multivariate Hawkes processes (MHPs) are versatile probabilistic tools used to model various real-life phenomena: earthquakes, operations on stock markets, neuronal activity, virus propagation and many others. In this paper, we focus on…

Machine Learning · Computer Science 2024-04-12 Katerina Hlavackova-Schindler , Anna Melnykova , Irene Tubikanec

Quadratic Hawkes (QHawkes) processes have proved effective at reproducing the statistics of price changes, capturing many of the stylised facts of financial markets. Motivated by the recently reported strong occurrence of endogenous…

Trading and Market Microstructure · Quantitative Finance 2023-02-15 Cécilia Aubrun , Michael Benzaquen , Jean-Philippe Bouchaud

Over the past few decades, the Hawkes process has become a popular framework for modeling temporal events thanks to its flexibility to capture different dependency structures. The objective of this work is to model call sequences emitted by…

Methodology · Statistics 2025-07-29 Anna Bonnet , Stéphane Robin

Identifying key influencers from time series data without a known prior network structure is a challenging problem in various applications, from crime analysis to social media. While much work has focused on event-based time series…

Dynamical Systems · Mathematics 2025-04-30 Naratip Santitissadeekorn , Martin Short , David J. B. Lloyd

The order flow in high-frequency financial markets has been of particular research interest in recent years, as it provides insights into trading and order execution strategies and leads to better understanding of the supply-demand…

Methodology · Statistics 2025-02-26 Alex Ziyu Jiang , Abel Rodriguez

We prove regenerative properties for the linear Hawkes process under minimal assumptions on the transfer function, which may have unbounded support. These results are applicable to sliding window statistical estimators. We exploit…

Probability · Mathematics 2019-06-07 Carl Graham

We address the problem of searching for a change point in an anomalous process among a finite set of M processes. Specifically, we address a composite hypothesis model in which each process generates measurements following a common…

Machine Learning · Statistics 2024-12-30 Liad Lea Didi , Tomer Gafni , Kobi Cohen

We provide some theoretical extensions and a calibration protocol for our former dynamic optimal execution model. The Hawkes parameters and the propagator are estimated independently on financial data from stocks of the CAC40.…

Trading and Market Microstructure · Quantitative Finance 2015-06-30 Aurélien Alfonsi , Pierre Blanc

The marked Hawkes risk process is a compound point process for which the occurrence and amplitude of past events impact the future. Thanks to its autoregressive properties, it found applications in various fields such as neuosciences,…

Probability · Mathematics 2024-09-11 Laure Coutin , Mahmoud Khabou

This work contributes to the theory and applications of Hawkes processes. We introduce and examine a new class of Hawkes processes that we call generalized Hawkes processes, and their special subclass -- the generalized multivariate Hawkes…

Probability · Mathematics 2020-04-30 Tomasz R. Bielecki , Jacek Jakubowski , Mariusz Nieweglowski

Sequences of events including infectious disease outbreaks, social network activities, and crimes are ubiquitous and the data on such events carry essential information about the underlying diffusion processes between communities (e.g.,…

Social and Information Networks · Computer Science 2021-06-08 Maya Okawa , Tomoharu Iwata , Yusuke Tanaka , Hiroyuki Toda , Takeshi Kurashima , Hisashi Kashima

Learning the latent network structure from large scale multivariate point process data is an important task in a wide range of scientific and business applications. For instance, we might wish to estimate the neuronal functional…

Methodology · Statistics 2021-01-21 Biao Cai , Jingfei Zhang , Yongtao Guan
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