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We study optimal liquidation strategies under partial information for a single asset within a finite time horizon. We propose a model tailored for high-frequency trading, capturing price formation driven solely by order flow through…

Mathematical Finance · Quantitative Finance 2024-11-08 Etienne Chevalier , Yadh Hafsi , Vathana Ly Vath

CPUs provide isolation mechanisms like virtualization and privilege levels to protect software. Yet these focus on architectural isolation while typically overlooking microarchitectural side channels, exemplified by Meltdown and Foreshadow.…

Cryptography and Security · Computer Science 2025-07-09 Oleksii Oleksenko , Flavien Solt , Cédric Fournet , Jana Hofmann , Boris Köpf , Stavros Volos

This article describes a very high-level language for clear description of distributed algorithms and optimizations necessary for generating efficient implementations. The language supports high-level control flows where complex…

Programming Languages · Computer Science 2021-10-07 Yanhong A. Liu , Scott D. Stoller , Bo Lin

This paper investigates real-time detection of spoofing activity in limit order books, focusing on cryptocurrency centralized exchanges. We first introduce novel order flow variables based on multi-scale Hawkes processes that account both…

Trading and Market Microstructure · Quantitative Finance 2025-04-23 Timothée Fabre , Damien Challet

In recent decades, companies have frequently adopted share repurchase programs to return capital to shareholders or for other strategic purposes, instructing investment banks to rapidly buy back shares on their behalf. When the executing…

Pricing of Securities · Quantitative Finance 2026-01-27 Stefano Corti , Roberto Daluiso , Andrea Pallavicini

Data minimisation is a privacy enhancing principle, stating that personal data collected should be no more than necessary for the specific purpose consented by the user. Checking that a program satisfies the data minimisation principle is…

Logic in Computer Science · Computer Science 2018-01-09 Srinivas Pinisetty , Thibaud Antignac , David Sands , Gerardo Schneider

An inherent security limitation with the classic multithreaded programming model is that all the threads share the same address space and, therefore, are implicitly assumed to be mutually trusted. This assumption, however, does not take…

Operating Systems · Computer Science 2013-05-22 Jun Wang , Xi Xiong , Peng Liu

The aim of this short note is to establish a limit theorem for the optimal trading strategies in the setup of the utility maximization problem with proportional transaction costs. This limit theorem resolves the open question from [4]. The…

Mathematical Finance · Quantitative Finance 2021-09-28 Erhan Bayraktar , Christoph Czichowsky , Leonid Dolinskyi , Yan Dolinsky

Ethereum clients execute transactions in a sequential order prescribed by the consensus protocol. This is a safe and conservative approach to blockchain transaction processing which forgoes running transactions in parallel even when doing…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-01-31 Nadi Sarrar

The common wisdom is that distributed transactions do not scale. But what if distributed transactions could be made scalable using the next generation of networks and a redesign of distributed databases? There would be no need for…

Databases · Computer Science 2016-11-22 Erfan Zamanian , Carsten Binnig , Tim Kraska , Tim Harris

Relay Mining presents a scalable solution employing probabilistic mechanisms, crypto-economic incentives, and new cryptographic primitives to estimate and prove the volume of Remote Procedure Calls (RPCs) made from a client to a server.…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-04-30 Daniel Olshansky , Ramiro Rodríguez Colmeiro

This paper introduces a unified model of consistency and isolation that minimizes the gap between how these guarantees are defined and how they are perceived. Our approach is premised on a simple observation: applications view storage…

Distributed, Parallel, and Cluster Computing · Computer Science 2016-09-22 Natacha Crooks , Youer Pu , Lorenzo Alvisi , Allen Clement

We consider a unified framework of sequential change-point detection and hypothesis testing modeled by means of hidden Markov chains. One observes a sequence of random variables whose distributions are functionals of a hidden Markov chain.…

Optimization and Control · Mathematics 2013-12-13 Savas Dayanik , Kazutoshi Yamazaki

Register allocation is a much studied problem. A particularly important context for optimizing register allocation is within loops, since a significant fraction of the execution time of programs is often inside loop code. A variety of…

Programming Languages · Computer Science 2014-06-04 Lukasz Domagala , Fabrice Rastello , Sadayappan Ponnuswany , Duco Van Amstel

Recent statistical and reinforcement learning methods have significantly advanced patient care strategies. However, these approaches face substantial challenges in high-stakes contexts, including missing data, inherent stochasticity, and…

Machine Learning · Computer Science 2024-04-02 Harsh Parikh , Quinn Lanners , Zade Akras , Sahar F. Zafar , M. Brandon Westover , Cynthia Rudin , Alexander Volfovsky

In this paper, we propose a new deinterleaving method for mixtures of discrete renewal Markov chains. This method relies on the maximization of a penalized likelihood score. It exploits all available information about both the sequence of…

Machine Learning · Computer Science 2024-11-11 Jean Pinsolle , Olivier Goudet , Cyrille Enderli , Sylvain Lamprier , Jin-Kao Hao

Modern networks achieve robustness and scalability by maintaining states on their nodes. These nodes are referred to as middleboxes and are essential for network functionality. However, the presence of middleboxes drastically complicates…

Programming Languages · Computer Science 2018-07-05 Kalev Alpernas , Roman Manevich , Aurojit Panda , Mooly Sagiv , Scott Shenker , Sharon Shoham , Yaron Velner

DGCC protocol has been shown to achieve good performance on multi-core in-memory system. However, distributed transactions complicate the dependency resolution, and therefore, an effective transaction partitioning strategy is essential to…

Databases · Computer Science 2017-03-09 Chang Yao , Meihui Zhang , Qian Lin , Beng Chin Ooi , Jiatao Xu

To minimize network latency and remain online during server failures and network partitions, many modern distributed data storage systems eschew transactional functionality, which provides strong semantic guarantees for groups of multiple…

Databases · Computer Science 2013-10-08 Peter Bailis , Aaron Davidson , Alan Fekete , Ali Ghodsi , Joseph M. Hellerstein , Ion Stoica

With the onset of the Information Era and the rapid growth of information technology, ample space for processing and extracting data has opened up. However, privacy concerns may stifle expansion throughout this area. The challenge of…

Cryptography and Security · Computer Science 2023-04-24 Dhinakaran D , Joe Prathap P. M , Selvaraj D , Arul Kumar D , Murugeshwari B
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