Related papers: Liquid Speed: On-Demand Fast Trading at Distribute…
Many empirical studies have discussed market liquidity, which is regarded as a measure of a booming financial market. Further, various indicators for objectively evaluating market liquidity have also been proposed and their merits have been…
The growing demand in mobile Internet access calls for high capacity and energy efficient cellular access with better cell coverage. The in-band relaying solution, proposed in LTE-Advanced, improves coverage without requiring additional…
Given the historically static nature of low-voltage networks, distribution network companies do not possess tools for dealing with an increasingly variable demand due to the high penetration of distributed energy resources (DER). Within…
Data center networks leverage multiple parallel paths connecting end host pairs to offer high bisection bandwidth for cluster computing applications. However, state of the art distributed multi-pathing protocols such as Equal Cost Multipath…
Speed scaling for a tandem server setting is considered, where there is a series of servers, and each job has to be processed by each of the servers in sequence. Servers have a variable speed, their power consumption being a convex…
We present a probabilistic proactive rebalancing method and speed-up techniques for improving the performance of a state-of-the-art real-time high-capacity fleet management framework [1]. We improve on both computational efficiency and…
Traditionally, distributed and parallel transactional systems have been studied in isolation, as they targeted different applications and experienced different bottlenecks. However, modern high-bandwidth networks have made the study of…
The increasing use of Internet of Things (IoT) devices generates a greater demand for data transfers and puts increased pressure on networks. Additionally, connectivity to cloud services can be costly and inefficient. Fog computing provides…
OLTP has stringent performance requirements defined by Service Level Agreements. Transaction response time is used to determine the maximum throughout in benchmarks. Capacity planning tools for OLTP performance are based on queueing network…
As the FX markets continue to evolve, many institutions have started offering passive access to their internal liquidity pools. Market makers act as principal and have the opportunity to fill those orders as part of their risk management,…
Multi-access Edge Computing (MEC) delivers low-latency services by hosting applications near end-users. To promote sustainability, these systems are increasingly integrated with renewable Energy Harvesting (EH) technologies, enabling…
In Decentralized Finance (DeFi), automated market makers typically implement liquidity provisioning protocols. These protocols allow third-party liquidity providers (LPs) to provide assets to facilitate trade in exchange for fees. This…
We investigate the welfare loss of continuous and discrete order matching models in blockchain-based decentralized exchanges (DEX) that utilize order books to record outstanding orders. Continuous processing matches each incoming…
Financial regulators have long-standing concerns about fully decentralized exchanges that run 'on-chain' without any obvious regulatory hooks. The popularity of Uniswap, an automated market makers (AMM), made these concerns a reality. AMMs…
The growing electricity demand and use of smart appliances are placing pressure on power grids, making efficient energy management more important than ever. The existing energy management systems often prioritize system efficiency (balanced…
A dynamic routing policy, referred to as Heat-Diffusion (HD), is developed for multihop uniclass wireless networks subject to random traffic, time-varying topology and inter-channel interference.The policy uses only current condition of…
Decentralized Finance (DeFi) has revolutionized lending by replacing intermediaries with algorithm-driven liquidity pools. However, existing platforms like Aave and Compound rely on static interest rate curves and collateral requirements…
Traditional public blockchain systems typically had very limited transaction throughput because of the bottleneck of the consensus protocol itself. With recent advances in consensus technology, the performance limit has been greatly lifted,…
We construct an utility-based dynamic asset pricing model for a limit order market. The price is nonlinear in volume and subject to market impact. We solve an optimal hedging problem under the market impact and derive the dynamics of the…
Informed traders need to trade fast in order to profit from their private information before it becomes public. Fast electronic markets provide such liquidity. Slow markets provide execution in an auction based trading floor. Hybrid markets…