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This study delves into the analysis of financial markets through the lens of Wyckoff Phases, a framework devised by Richard D. Wyckoff in the early 20th century. Focusing on the accumulation pattern within the Wyckoff framework, the…

Trading and Market Microstructure · Quantitative Finance 2024-03-29 Jai Pal

Accurate uncertainty estimates are important in sequential model-based decision-making tasks such as Bayesian optimization. However, these estimates can be imperfect if the data violates assumptions made by the model (e.g., Gaussianity).…

Machine Learning · Computer Science 2024-06-27 Shachi Deshpande , Charles Marx , Volodymyr Kuleshov

Given an extensive, semi-infinite collection of multivariate coevolving data sequences (e.g., sensor/web activity streams) whose observations influence each other, how can we discover the time-changing cause-and-effect relationships in…

Machine Learning · Computer Science 2026-02-19 Naoki Chihara , Yasuko Matsubara , Ren Fujiwara , Yasushi Sakurai

This research presents a novel approach to predicting option movements by analyzing residual transactions, which are trades that deviate from standard hedging activities. Unlike traditional methods that primarily focus on open interest and…

Computational Finance · Quantitative Finance 2024-10-23 Carl von Havighorst , Vincil Bishop

Amazon and other e-commerce sites must employ mechanisms to protect their millions of customers from fraud, such as unauthorized use of credit cards. One such mechanism is order fraud evaluation, where systems evaluate orders for fraud…

Machine Learning · Computer Science 2022-12-07 Soysal Degirmenci , Chris Jones

Nowadays, the volume of network traffic continues to grow, along with the frequency and sophistication of attacks. This scenario highlights the need for solutions capable of continuously adapting, since network behavior is dynamic and…

In this paper, we propose an online learning-based predictive control (LPC) approach designed for nonlinear systems that lack explicit system dynamics. Unlike traditional model predictive control (MPC) algorithms that rely on known system…

Optimization and Control · Mathematics 2025-03-17 Yuanqing Zhang , Huanshui Zhang

This paper deals with a stochastic order-driven market model with waiting costs, for order books with heterogenous traders. Offer and demand of liquidity drives price formation and traders anticipate future evolutions of the order book. The…

Trading and Market Microstructure · Quantitative Finance 2015-08-11 Aimé Lachapelle , Jean-Michel Lasry , Charles-Albert Lehalle , Pierre-Louis Lions

We consider a dynamic system with multiple types of customers and servers. Each type of waiting customer or server joins a separate queue, forming a bipartite graph with customer-side queues and server-side queues. The platform can match…

Optimization and Control · Mathematics 2024-11-19 Zixian Yang , Lei Ying

We address the problem of executing large client orders in continuous double-auction markets under time and liquidity constraints. We propose a model predictive control (MPC) framework that balances three competing objectives: order…

Trading and Market Microstructure · Quantitative Finance 2026-04-01 Thomas P. McAuliffe , Samuel Liew , Yuchao Li , Andrey Ushenin , Chihang Wang , Alexandros Tasos , Jack Pearce , Dimitris Tasoulis , Dimitri P. Bertsekas , Theodoros Tsagaris

Online continual learning (OCL) methods adapt to changing environments without forgetting past knowledge. Similarly, online time series forecasting (OTSF) is a real-world problem where data evolve in time and success depends on both rapid…

Machine Learning · Computer Science 2026-01-21 Edoardo Urettini , Daniele Atzeni , Ioanna-Yvonni Tsaknaki , Antonio Carta

Maps of dynamics are effective representations of motion patterns learned from prior observations, with recent research demonstrating their ability to enhance various downstream tasks such as human-aware robot navigation, long-term human…

Robotics · Computer Science 2025-04-01 Yufei Zhu , Andrey Rudenko , Luigi Palmieri , Lukas Heuer , Achim J. Lilienthal , Martin Magnusson

Causal Bayesian Networks provide an important tool for reasoning under uncertainty with potential application to many complex causal systems. Structure learning algorithms that can tell us something about the causal structure of these…

Machine Learning · Computer Science 2024-04-15 Neville K Kitson , Anthony C Constantinou

We develop a new market-making model, from the ground up, which is tailored towards high-frequency trading under a limit order book (LOB), based on the well-known classification of order types in market microstructure. Our flexible…

Trading and Market Microstructure · Quantitative Finance 2020-01-31 Baron Law , Frederi Viens

The problem of identifying change points in high-dimensional Gaussian graphical models (GGMs) in an online fashion is of interest, due to new applications in biology, economics and social sciences. The offline version of the problem, where…

Statistics Theory · Mathematics 2020-03-18 Hossein Keshavarz , George Michailidis

The over-the-counter (OTC) market is characterized by a unique feature that allows market makers to adjust bid-ask spreads based on order size. However, this flexibility introduces complexity, transforming the market-making problem into a…

Trading and Market Microstructure · Quantitative Finance 2023-07-06 Zhou Fang , Haiqing Xu

In this paper, we develop an online change-point detection procedure in the covariance structure of high-dimensional data. A new stopping rule is proposed to terminate the process as early as possible when a change in covariance structure…

Methodology · Statistics 2020-03-12 Lingjun Li , Jun Li

A machine learning method to predict steady external fluid flows using elliptic input features is introduced. Using data from as few as one high-fidelity simulation, the proposed method produces models generalizable under changes to…

Topological data analysis (TDA) provides a set of data analysis tools for extracting embedded topological structures from complex high-dimensional datasets. In recent years, TDA has been a rapidly growing field which has found success in a…

Methodology · Statistics 2022-03-09 Xiaojun Zheng , Simon Mak , Liyan Xie , Yao Xie

Online detection of changes in stochastic systems, referred to as sequential change detection or quickest change detection, is an important research topic in statistics, signal processing, and information theory, and has a wide range of…

Statistics Theory · Mathematics 2021-04-12 Liyan Xie , Shaofeng Zou , Yao Xie , Venugopal V. Veeravalli
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