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Since about 100 years ago, to learn the intrinsic structure of data, many representation learning approaches have been proposed, including both linear ones and nonlinear ones, supervised ones and unsupervised ones. Particularly, deep…

Machine Learning · Computer Science 2016-11-28 Guoqiang Zhong , Li-Na Wang , Junyu Dong

Performing machine learning on structured data is complicated by the fact that such data does not have vectorial form. Therefore, multiple approaches have emerged to construct vectorial representations of structured data, from kernel and…

Machine Learning · Computer Science 2019-05-16 Benjamin Paaßen , Claudio Gallicchio , Alessio Micheli , Alessandro Sperduti

Demand forecasting in the online fashion industry is particularly amendable to global, data-driven forecasting models because of the industry's set of particular challenges. These include the volume of data, the irregularity, the high…

Machine learning systems are increasingly used to make decisions about people's lives, such as whether to give someone a loan or whether to interview someone for a job. This has led to considerable interest in making such machine learning…

Machine Learning · Computer Science 2017-10-13 Daniel McNamara , Cheng Soon Ong , Robert C. Williamson

We propose a new model for the level I of a Limit Order Book (LOB), which incorporates the information about the standing orders at the opposite side of the book after each price change and the arrivals of new orders within the spread. Our…

Trading and Market Microstructure · Quantitative Finance 2016-03-15 Jonathan A. Chávez-Casillas , José E. Figueroa-López

Nowadays, with the availability of massive amount of trade data collected, the dynamics of the financial markets pose both a challenge and an opportunity for high frequency traders. In order to take advantage of the rapid, subtle movement…

Computational Engineering, Finance, and Science · Computer Science 2018-07-06 Dat Thanh Tran , Martin Magris , Juho Kanniainen , Moncef Gabbouj , Alexandros Iosifidis

It is always demanding to learn robust visual representation for various learning problems; however, this learning and maintenance process usually suffers from noise, incompleteness or knowledge domain mismatch. Thus, robust representation…

Machine Learning · Computer Science 2020-04-28 Zhengming Ding , Ming Shao , Handong Zhao , Sheng Li

Representation learning has been widely studied in the context of meta-learning, enabling rapid learning of new tasks through shared representations. Recent works such as MAML have explored using fine-tuning-based metrics, which measure the…

Machine Learning · Computer Science 2021-05-06 Kurtland Chua , Qi Lei , Jason D. Lee

We examine the influence of input data representations on learning complexity. For learning, we posit that each model implicitly uses a candidate model distribution for unexplained variations in the data, its noise model. If the model…

Machine Learning · Computer Science 2019-12-21 Julian Zilly , Lorenz Hetzel , Andrea Censi , Emilio Frazzoli

Machine learning models are increasingly used in a wide variety of financial settings. The difficulty of understanding the inner workings of these systems, combined with their wide applicability, has the potential to lead to significant new…

Computational Finance · Quantitative Finance 2021-02-10 Samuel N. Cohen , Derek Snow , Lukasz Szpruch

Simulating limit order books (LOBs) has important applications across forecasting and backtesting for financial market data. However, deep generative models struggle in this context due to the high noise and complexity of the data. Previous…

Trading and Market Microstructure · Quantitative Finance 2025-09-08 Alfred Backhouse , Kang Li , Jakob Foerster , Anisoara Calinescu , Stefan Zohren

We consider the task of training machine learning models with data-dependent constraints. Such constraints often arise as empirical versions of expected value constraints that enforce fairness or stability goals. We reformulate…

Machine Learning · Statistics 2023-01-18 Songkai Xue , Yuekai Sun , Mikhail Yurochkin

As algorithmic trading and electronic markets continue to transform the landscape of financial markets, detecting and deterring rogue agents to maintain a fair and efficient marketplace is crucial. The explosion of large datasets and the…

Trading and Market Microstructure · Quantitative Finance 2024-03-21 Kaushalya Kularatnam , Tania Stathaki

The paper examines the potential of deep learning to support decisions in financial risk management. We develop a deep learning model for predicting whether individual spread traders secure profits from future trades. This task embodies…

Risk Management · Quantitative Finance 2019-11-19 Yaodong Yang , Alisa Kolesnikova , Stefan Lessmann , Tiejun Ma , Ming-Chien Sung , Johnnie E. V. Johnson

The use of machine learning algorithms to predict behaviors of complex systems is booming. However, the key to an effective use of machine learning tools in multi-physics problems, including combustion, is to couple them to physical and…

With dramatic breakthroughs in recent years, machine learning is showing great potential to upgrade the toolbox for power system optimization. Understanding the strength and limitation of machine learning approaches is crucial to decide…

Systems and Control · Electrical Eng. & Systems 2022-02-03 Guangchun Ruan , Haiwang Zhong , Guanglun Zhang , Yiliu He , Xuan Wang , Tianjiao Pu

We propose a microstructural modeling framework for studying optimal market making policies in a FIFO (first in first out) limit order book (LOB). In this context, the limit orders, market orders, and cancel orders arrivals in the LOB are…

Trading and Market Microstructure · Quantitative Finance 2020-02-21 Frédéric Abergel , Côme Huré , Huyên Pham

We introduce a practical, interactive simulator of the limit order book for large-tick assets, designed to produce realistic execution, costs, and P&L. The book state is projected onto a tractable representation based on spread and volume…

Trading and Market Microstructure · Quantitative Finance 2026-03-26 Patrick Noble , Mathieu Rosenbaum , Saad Souilmi

The recent advancements in Deep Learning (DL) research have notably influenced the finance sector. We examine the robustness and generalizability of fifteen state-of-the-art DL models focusing on Stock Price Trend Prediction (SPTP) based on…

Trading and Market Microstructure · Quantitative Finance 2023-09-21 Matteo Prata , Giuseppe Masi , Leonardo Berti , Viviana Arrigoni , Andrea Coletta , Irene Cannistraci , Svitlana Vyetrenko , Paola Velardi , Novella Bartolini

Solving complex optimal control problems have confronted computational challenges for a long time. Recent advances in machine learning have provided us with new opportunities to address these challenges. This paper takes model predictive…

Optimization and Control · Mathematics 2022-07-21 Weinan E , Jiequn Han , Jihao Long