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We propose a data-driven Neural Network (NN) optimization framework to determine the optimal multi-period dynamic asset allocation strategy for outperforming a general stochastic target. We formulate the problem as an optimal stochastic…

Computational Finance · Quantitative Finance 2020-06-30 Chendi Ni , Yuying Li , Peter Forsyth , Ray Carroll

With the recent advancements in machine learning (ML), artificial neural networks (ANN) are starting to play an increasingly important role in quantitative finance. Dynamic portfolio optimization is among many problems that have…

Portfolio Management · Quantitative Finance 2024-11-18 Yaacov Kopeliovich , Michael Pokojovy

Federated learning (FL) learns a model jointly from a set of participating devices without sharing each other's privately held data. The characteristics of non-i.i.d. data across the network, low device participation, high communication…

Machine Learning · Computer Science 2024-01-02 Zhaonan Qu , Kaixiang Lin , Zhaojian Li , Jiayu Zhou , Zhengyuan Zhou

This paper considers a class of convex constrained nonsmooth convex stochastic composite optimization problems whose objective function is given by the summation of a differentiable convex component, together with a general nonsmooth but…

Optimization and Control · Mathematics 2021-12-08 Ruyu Wang , Chao Zhang

The uneven distribution of local data across different edge devices (clients) results in slow model training and accuracy reduction in federated learning. Naive federated learning (FL) strategy and most alternative solutions attempted to…

This study introduces the Enhanced NIRMAL (Novel Integrated Robust Multi-Adaptation Learning with Damped Nesterov Acceleration) optimizer, an improved version of the original NIRMAL optimizer. By incorporating an $(\alpha, r)$-damped…

In this letter, we introduce a distributed Nesterov method, termed as $\mathcal{ABN}$, that does not require doubly-stochastic weight matrices. Instead, the implementation is based on a simultaneous application of both row- and…

Machine Learning · Computer Science 2019-09-04 Ran Xin , Dusan Jakovetic , Usman A. Khan

In this work, we extend a modified Anderson acceleration proposed in [Y. He, arXiv:2603.25983, 2026] to accelerate the Picard iteration for the Navier-Stokes equations. In this variant of Anderson acceleration, named AAg, the nonlinear…

Numerical Analysis · Mathematics 2026-05-19 Yunhui He , Leo Rebholz

Neural network training is inherently sequential where the layers finish the forward propagation in succession, followed by the calculation and back-propagation of gradients (based on a loss function) starting from the last layer. The…

Machine Learning · Computer Science 2023-12-01 Vahid Janfaza , Shantanu Mandal , Farabi Mahmud , Abdullah Muzahid

Adaptive control is subject to stability and performance issues when a learned model is used to enhance its performance. This paper thus presents a deep learning-based adaptive control framework for nonlinear systems with…

Machine Learning · Computer Science 2021-10-05 Hiroyasu Tsukamoto , Soon-Jo Chung , Jean-Jacques Slotine

Policy gradient methods are widely used in reinforcement learning algorithms to search for better policies in the parameterized policy space. They do gradient search in the policy space and are known to converge very slowly. Nesterov…

Machine Learning · Computer Science 2018-04-26 K. Lakshmanan

Training deep reinforcement learning (RL) agents necessitates overcoming the highly unstable nonconvex stochastic optimization inherent in the trial-and-error mechanism. To tackle this challenge, we propose a physics-inspired optimization…

Machine Learning · Computer Science 2024-12-10 Yao Lyu , Xiangteng Zhang , Shengbo Eben Li , Jingliang Duan , Letian Tao , Qing Xu , Lei He , Keqiang Li

There is a growing interest in using robust control theory to analyze and design optimization and machine learning algorithms. This paper studies a class of nonconvex optimization problems whose cost functions satisfy the so-called…

Optimization and Control · Mathematics 2019-12-11 Huaqing Xiong , Yuejie Chi , Bin Hu , Wei Zhang

We develop the setting of sequential prediction based on shifting experts and on a "smooth" version of the method of specialized experts. To aggregate experts predictions, we use the AdaHedge algorithm, which is a version of the Hedge…

Machine Learning · Computer Science 2020-01-24 Vladimir V'yugin , Vladimir Trunov

The execution of Volume Weighted Average Price (VWAP) orders remains a critical challenge in modern financial markets, particularly as trading volumes and market complexity continue to increase. In my previous work arXiv:2502.13722, I…

Statistical Finance · Quantitative Finance 2025-02-26 Remi Genet

Stochastic methods with coordinate-wise adaptive stepsize (such as RMSprop and Adam) have been widely used in training deep neural networks. Despite their fast convergence, they can generalize worse than stochastic gradient descent. In this…

Machine Learning · Computer Science 2019-05-27 Shuai Zheng , James T. Kwok

Randomized-subspace methods reduce the cost of first-order optimization by using only low-dimensional projected-gradient information, a feature that is attractive in forward-mode automatic differentiation and communication-limited settings.…

Optimization and Control · Mathematics 2026-05-04 Gaku Omiya , Pierre-Louis Poirion , Akiko Takeda

While fine-tuning is a de facto standard method for training deep neural networks, it still suffers from overfitting when using small target datasets. Previous methods improve fine-tuning performance by maintaining knowledge of the source…

Machine Learning · Computer Science 2024-03-18 Shin'ya Yamaguchi , Sekitoshi Kanai , Kazuki Adachi , Daiki Chijiwa

Can an agent learn efficiently in a noisy and self adapting environment with sequential, non-stationary and non-homogeneous observations? Through trading bots, we illustrate how Deep Reinforcement Learning (DRL) can tackle this challenge.…

Machine Learning · Computer Science 2020-10-19 Eric Benhamou , David Saltiel , Sandrine Ungari , Abhishek Mukhopadhyay , Jamal Atif

We present a method for finding optimal hedging policies for arbitrary initial portfolios and market states. We develop a novel actor-critic algorithm for solving general risk-averse stochastic control problems and use it to learn hedging…

Computational Finance · Quantitative Finance 2022-07-18 Phillip Murray , Ben Wood , Hans Buehler , Magnus Wiese , Mikko S. Pakkanen
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