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We study Nash equilibria for inventory-averse high-frequency traders (HFTs), who trade to exploit information about future price changes. For discrete trading rounds, the HFTs' optimal trading strategies and their equilibrium price impact…

Trading and Market Microstructure · Quantitative Finance 2019-06-06 Sebastian Herrmann , Johannes Muhle-Karbe , Dapeng Shang , Chen Yang

Clustering analysis and Datamining methodologies were applied to the problem of identifying illegal and fraud transactions. The researchers independently developed model and software using data provided by a bank and using Rapidminer…

Databases · Computer Science 2015-03-12 M. Vadoodparast , A. Razak Hamdan , Hafiz

High Frequency Trading (HFT) represents an ever growing proportion of all financial transactions as most markets have now switched to electronic order book systems. The main goal of the paper is to propose continuous time equations which…

Trading and Market Microstructure · Quantitative Finance 2013-12-10 Rene Carmona , Kevin Webster

Non-fungible tokens (NFTs) are unique cryptographic assets representing the ownership of digital media. NFTs have soared in popularity and trading prices. However, there exists a large gap in the literature regarding NFTs, especially…

Human-Computer Interaction · Computer Science 2023-09-19 Allison Sinnott , Kyrie Zhixuan Zhou

Non-Fungible Tokens (NFTs) are non-interchangeable assets, usually digital art, which are stored on the blockchain. Preliminary studies find that female and darker-skinned NFTs are valued less than their male and lighter-skinned…

Computers and Society · Computer Science 2023-04-14 Howard Zhong , Mark Hamilton

Non-Fungible Tokens (NFTs) are a type of digital asset that represents a proof of ownership over a particular digital item such as art, music, or real estate. Due to the non-fungible nature of NFTs, duplicate tokens should not possess the…

Databases · Computer Science 2023-03-24 Samrat Sahoo , Nitin Paul , Agam Shah , Andrew Hornback , Sudheer Chava

The emergence of metaverse brings tremendous evolution to Non-Fungible Tokens (NFTs), which could certify the ownership the unique digital asset in the cyber world. The NFT market has garnered unprecedented attention from investors and…

Cryptography and Security · Computer Science 2022-08-11 Zheng Cao , Yi Zhen , Gang Fan , Sheng Gao

The problem of anomaly detection has been studied for a long time, and many Network Analysis techniques have been proposed as solutions. Although some results appear to be quite promising, no method is clearly to be superior to the rest. In…

Social and Information Networks · Computer Science 2017-02-28 Thai Pham , Steven Lee

With the widespread digitization of finance and the increasing popularity of cryptocurrencies, the sophistication of fraud schemes devised by cybercriminals is growing. Money laundering -- the movement of illicit funds to conceal their…

Artificial Intelligence · Computer Science 2024-01-26 Erik Altman , Jovan Blanuša , Luc von Niederhäusern , Béni Egressy , Andreea Anghel , Kubilay Atasu

The Sandbox metaverse LAND non-fungible token (NFT) prices increased by than 300 times (in USD) between December 2019 and January 2022, but when measured in its native utility token (SAND), the increase is only 3 times. Depending on how…

General Finance · Quantitative Finance 2022-02-08 Voraprapa Nakavachara , Kanis Saengchote

We introduce DARSAN, a decentralized review system designed for Non-Fungible Token (NFT) marketplaces, to address the challenge of verifying the quality of highly resalable products with few verified buyers by incentivizing unbiased…

Although the automation and digitisation of anti-financial crime investigation has made significant progress in recent years, detecting insider trading remains a unique challenge, partly due to the limited availability of labelled data. To…

Social and Information Networks · Computer Science 2025-12-23 Gian Jaeger , Wang Ngai Yeung , Renaud Lambiotte

Modern financial electronic exchanges are an exciting and fast-paced marketplace where billions of dollars change hands every day. They are also rife with manipulation and fraud. Detecting such activity is a major undertaking, which has…

Machine Learning · Computer Science 2023-09-04 Timothy DeLise

High-speed computerized trading, often called "high-frequency trading" (HFT), has increased dramatically in financial markets over the last decade. In the US and Europe, it now accounts for nearly one-half of all trades. Although evidence…

Trading and Market Microstructure · Quantitative Finance 2012-11-09 Austin Gerig

Amid the surge of intellectual property (IP) disputes surrounding non-fungible tokens (NFTs), some scholars have advocated for the application of personal property or sales law to regulate NFT minting and transactions, contending that IP…

Computers and Society · Computer Science 2025-01-08 Runhua Wang , Jyh-An Lee , Jingwen Liu

Technological advancements in cryptocurrency markets have increased accessibility for investors, but concurrently exposed them to the risks of market manipulations. Existing fraud detection mechanisms typically rely on machine learning…

Machine Learning · Computer Science 2026-04-28 Lidia Losavio , Luca Persia , Madan Sathe , Dimosthenis Pasadakis

Crypto donations now represent a significant fraction of charitable giving worldwide. Nonfungible token (NFT) charity fundraisers, which involve the sale of NFTs of artistic works with the proceeds donated to philanthropic causes, have…

General Economics · Economics 2026-02-27 Chen Liang , Murat Tunc , Gordon Burtch

In financial markets, abnormal trading behaviors pose a serious challenge to market surveillance and risk management. What is worse, there is an increasing emergence of abnormal trading events that some experienced traders constitute a…

Trading and Market Microstructure · Quantitative Finance 2011-10-10 Junjie Wang , Shuigeng Zhou , Jihong Guan

Lately, Non-Fungible Tokens (NFTs), i.e., uniquely discernible assets on a blockchain, have skyrocketed in popularity by addressing a broad audience. However, the typical NFT auctioning procedures are conducted in various, ad hoc ways,…

Computer Science and Game Theory · Computer Science 2022-09-26 Jason Milionis , Dean Hirsch , Andy Arditi , Pranav Garimidi

In shaping the Internet of Money, the application of blockchain and distributed ledger technologies (DLTs) to the financial sector triggered regulatory concerns. Notably, while the user anonymity enabled in this field may safeguard privacy…

Cryptography and Security · Computer Science 2023-03-21 Nadia Pocher , Mirko Zichichi , Fabio Merizzi , Muhammad Zohaib Shafiq , Stefano Ferretti
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