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In this work we study the optimal execution problem with multiplicative price impact in algorithm trading, when an agent holds an initial position of shares of a financial asset. The inter-selling-decision times are modelled by the arrival…

Mathematical Finance · Quantitative Finance 2018-05-04 Daniel Hernández-Hernández , Harold A. Moreno-Franco , José Luis Pérez

This editorial article partially informs the algorithmic trading community about launching of the new journal "Algorithmic Trading and Controls" (ATC). ATC is an online open-access journal that publishes novel works on algorithmic trading…

Trading and Market Microstructure · Quantitative Finance 2021-01-25 Jackie Shen

Placement Optimization is an important problem in systems and chip design, which consists of mapping the nodes of a graph onto a limited set of resources to optimize for an objective, subject to constraints. In this paper, we start by…

Artificial Intelligence · Computer Science 2020-03-20 Anna Goldie , Azalia Mirhoseini

Advances in deep learning over the last decade have led to a flurry of research in the application of deep artificial neural networks to robotic systems, with at least thirty papers published on the subject between 2014 and the present.…

Robotics · Computer Science 2017-07-25 Harry A. Pierson , Michael S. Gashler

We consider the problem of dynamic buying and selling of shares from a collection of $N$ stocks with random price fluctuations. To limit investment risk, we place an upper bound on the total number of shares kept at any time. Assuming that…

Portfolio Management · Quantitative Finance 2009-09-23 Michael J. Neely

In recent years, there has been an increasing awareness of both the public and scientific community that algorithmic systems can reproduce, amplify, or even introduce unfairness in our societies. These lecture notes provide an introduction…

Computers and Society · Computer Science 2021-05-13 Hilde J. P. Weerts

In nearly every discipline, scientific computations are limited by the cost and speed of computation. For example, the best-known exact algorithms for the canonical Traveling Salesman Problem would take centuries to run on an instance of…

Data Structures and Algorithms · Computer Science 2026-05-04 Jeffery Li , Jayson Lynch , Liva Olina , Cecilia Chen , Andrew Lucas , Neil Thompson

The use of machine learning in algorithmic trading systems is increasingly common. In a typical set-up, supervised learning is used to predict the future prices of assets, and those predictions drive a simple trading and execution strategy.…

Machine Learning · Computer Science 2023-07-19 Vikram Duvvur , Aashay Mehta , Edward Sun , Bo Wu , Ken Yew Chan , Jeff Schneider

This paper attempts to address the issues of machine learning in its current implementation. It is known that machine learning algorithms require a significant amount of data for training purposes, whereas recent developments in deep…

Machine Learning · Computer Science 2018-11-16 Georgios Mastorakis

Optimizing a given metric is a central aspect of most current AI approaches, yet overemphasizing metrics leads to manipulation, gaming, a myopic focus on short-term goals, and other unexpected negative consequences. This poses a fundamental…

Computers and Society · Computer Science 2020-02-21 Rachel Thomas , David Uminsky

This scientific research paper presents an innovative approach based on deep reinforcement learning (DRL) to solve the algorithmic trading problem of determining the optimal trading position at any point in time during a trading activity in…

Trading and Market Microstructure · Quantitative Finance 2022-06-06 Thibaut Théate , Damien Ernst

Recent advances in Artificial Intelligence (AI) have made algorithmic trading play a central role in finance. However, current research and applications are disconnected information islands. We propose a generally applicable pipeline for…

Human-Computer Interaction · Computer Science 2025-08-11 Luyao Zhang , Tianyu Wu , Saad Lahrichi , Carlos-Gustavo Salas-Flores , Jiayi Li

We consider recent work of Haber and Ruthotto 2017 and Chang et al. 2018, where deep learning neural networks have been interpreted as discretisations of an optimal control problem subject to an ordinary differential equation constraint. We…

Optimization and Control · Mathematics 2019-10-02 Martin Benning , Elena Celledoni , Matthias J. Ehrhardt , Brynjulf Owren , Carola-Bibiane Schönlieb

Efficient network design, construction and analysis are important topics, considering the highly dynamic environment in which data communication occurs nowadays. In this paper we address several problems concerning these topics from an…

Data Structures and Algorithms · Computer Science 2009-08-25 Mugurel Ionut Andreica , Mihai Aristotel Ungureanu , Romulus Andreica , Angela Andreica

Recent research on deep learning, a set of machine learning techniques able to learn deep architectures, has shown how robotic perception and action greatly benefits from these techniques. In terms of spacecraft navigation and control…

Systems and Control · Computer Science 2016-10-28 Carlos Sánchez-Sánchez , Dario Izzo

We introduce a novel approach to options trading strategies using a highly scalable and data-driven machine learning algorithm. In contrast to traditional approaches that often require specifications of underlying market dynamics or…

Portfolio Management · Quantitative Finance 2024-11-22 Wee Ling Tan , Stephen Roberts , Stefan Zohren

This study utilizes machine learning algorithms to analyze and organize knowledge in the field of algorithmic trading. By filtering a dataset of 136 million research papers, we identified 14,342 relevant articles published between 1956 and…

Statistical Finance · Quantitative Finance 2024-11-11 Stanisław Łaniewski , Robert Ślepaczuk

This paper extends the optimal-trading framework developed in arXiv:2409.03586v1 to compute optimal strategies with real-world constraints. The aim of the current paper, as with the previous, is to study trading in the context of…

Trading and Market Microstructure · Quantitative Finance 2024-09-26 Neil A. Chriss

We introduce a novel framework for developing fully-automated trading model algorithms. Unlike the traditional approach, which is grounded in analytical complexity favored by most quantitative analysts, we propose a paradigm shift that…

Trading and Market Microstructure · Quantitative Finance 2025-01-13 James B. Glattfelder , Thomas Houweling , Richard B. Olsen

Recent advances in Reinforcement Learning, grounded on combining classical theoretical results with Deep Learning paradigm, led to breakthroughs in many artificial intelligence tasks and gave birth to Deep Reinforcement Learning (DRL) as a…

Machine Learning · Computer Science 2019-07-09 Sergey Ivanov , Alexander D'yakonov