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The Finite Fourier Series (FFS) Shape-Based (SB) trajectory approximation method has been used to rapidly generate initial trajectories that satisfy the dynamics, trajectory boundary conditions, and limitation on maximum thrust…

Optimization and Control · Mathematics 2024-01-31 Caleb Gunsaulus , Carl De Vries , William Brown , Youngro Lee , Madhusudan Vijayakumar , Ossama Abdelkhalik

Kelly's Criterion is well known among gamblers and investors as a method for maximizing the returns one would expect to observe over long periods of betting or investing. These ideas are conspicuously absent from portfolio optimization…

Portfolio Management · Quantitative Finance 2018-02-20 Zachariah Peterson

We employ perturbation analysis technique to study multi-asset portfolio optimisation with transaction cost. We allow for correlations in risky assets and obtain optimal trading methods for general utility functions. Our analytical results…

Portfolio Management · Quantitative Finance 2009-05-06 Siu Lung Law , Chiu Fan Lee , Sam Howison , Jeff N. Dewynne

A new roll-forward technique is proposed that recovers from any single fail-stop failure in $M$ integer data streams ($M\geq3$) when undergoing linear, sesquilinear or bijective (LSB) operations, such as: scaling, additions/subtractions,…

Distributed, Parallel, and Cluster Computing · Computer Science 2015-09-15 Mohammad Ashraful Anam , Yiannis Andreopoulos

We present a practical approach to solving distance-based optimization problems using optical computing hardware. The objective is to minimize an energy function defined as the weighted sum of squared differences between measured distances…

Optics · Physics 2025-07-16 Guangyao Li , Richard Zhipeng Wang , Natalia G. Berloff

This paper studies a distributionally robust portfolio optimization model with a cardinality constraint for limiting the number of invested assets. We formulate this model as a mixed-integer semidefinite optimization (MISDO) problem by…

Optimization and Control · Mathematics 2022-12-22 Ken Kobayashi , Yuichi Takano , Kazuhide Nakata

In this article we introduce a portfolio optimisation framework, in which the use of rough path signatures (Lyons, 1998) provides a novel method of incorporating path-dependencies in the joint signal-asset dynamics, naturally extending…

Portfolio Management · Quantitative Finance 2023-08-31 Owen Futter , Blanka Horvath , Magnus Wiese

The Steiner Tree Problem (STP) is a well-known NP-hard combinatorial optimization problem, which has wide applications in network design, integrated circuit layout, bioinformatics, and other fields. However, traditional algorithms often…

Quantum Physics · Physics 2026-03-05 Dan Li , Xiang-Hui Wu , Ji-Rong Liu

We propose a faster digital quantum algorithm for portfolio optimization using the digitized-counterdiabatic quantum optimization (DCQO) paradigm in the impulse regime, that is, where the counterdiabatic terms are dominant. Our approach…

Combinatorial optimization with a smooth and convex objective function arises naturally in applications such as discrete mean-variance portfolio optimization, where assets must be traded in integer quantities. Although optimal solutions to…

Quantum Physics · Physics 2025-10-14 Sebastian Schlütter , Tomislav Maras , Alexander Dotterweich , Nico Piatkowski

Portfolio optimization is a routine asset management operation conducted in financial institutions around the world. However, under real-world constraints such as turnover limits and transaction costs, its formulation becomes a…

Disordered Systems and Neural Networks · Physics 2025-07-11 Nishan Ranabhat , Behnam Javanparast , David Goerz , Estelle Inack

Various kinds of Ising machines based on unconventional computing have recently been developed for practically important combinatorial optimization. Among them, the machines implementing a heuristic algorithm called simulated bifurcation…

Statistical Mechanics · Physics 2022-06-16 Taro Kanao , Hayato Goto

An algorithm for planning near time-optimal trajectories for systems with an oscillatory internal dynamics has been developed in previous work. It is based on assembling a complete trajectory from motion primitives called jerk segments,…

Systems and Control · Electrical Eng. & Systems 2025-04-15 Thomas Auer , Frank Woittennek

In this work we advance the understanding of the fundamental limits of computation for Binary Polynomial Optimization (BPO), which is the problem of maximizing a given polynomial function over all binary points. In our main result we…

Discrete Mathematics · Computer Science 2022-12-15 Alberto Del Pia , Silvia Di Gregorio

We present a numerical method for computing optimal transition pathways and transition rates in systems of stochastic differential equations (SDEs). In particular, we compute the most probable transition path of stochastic equations by…

Dynamical Systems · Mathematics 2015-06-11 Brandon S. Lindley , Ira B. Schwartz

We study optimal buying and selling strategies in target zone models. In these models the price is modeled by a diffusion process which is reflected at one or more barriers. Such models arise for example when a currency exchange rate is…

Portfolio Management · Quantitative Finance 2015-07-08 Eyal Neuman , Alexander Schied

The Traveling Salesman Problem is a fundamental combinatorial optimization problem widely studied in operations research. Despite its simple formulation, it remains computationally challenging due to the exponential growth of the search…

Quantum Physics · Physics 2026-05-28 Alessia Ciacco , Luigi Di Puglia Pugliese , Francesca Guerriero

This paper presents a widely applicable approach to solving (multi-marginal, martingale) optimal transport and related problems via neural networks. The core idea is to penalize the optimization problem in its dual formulation and reduce it…

Optimization and Control · Mathematics 2019-01-28 Stephan Eckstein , Michael Kupper

In this paper we investigate the expected terminal utility maximization approach for a dynamic stochastic portfolio optimization problem. We solve it numerically by solving an evolutionary Hamilton-Jacobi-Bellman equation which is…

Portfolio Management · Quantitative Finance 2018-10-30 Sona Kilianova , Daniel Sevcovic

Index tracking is a popular form of asset management. Typically, a quadratic function is used to define the tracking error of a portfolio and the look back approach is applied to solve the index tracking problem. We argue that a forward…

Portfolio Management · Quantitative Finance 2021-07-27 Spiridon Penev , Pavel Shevchenko , Wei Wu