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Data-driven solutions for the investment industry require event-based backend systems to process high-volume financial data feeds with low latency, high throughput, and guaranteed delivery modes. At vwd we process an average of 18 billion…

Performance · Computer Science 2020-10-30 Manuel Coenen , Christoph Wagner , Alexander Echler , Sebastian Frischbier

Robot learning requires a considerable amount of high-quality data to realize the promise of generalization. However, large data sets are costly to collect in the real world. Physics simulators can cheaply generate vast data sets with broad…

This work introduces a new framework for modeling financial markets through an interpretable probabilistic state machine. By clustering historical returns based on momentum and risk features across multiple time horizons, we identify…

Computational Engineering, Finance, and Science · Computer Science 2025-10-02 Christian Oliva , Silviu Gabriel Tinjala

Market making is a fundamental trading problem in which an agent provides liquidity by continually offering to buy and sell a security. The problem is challenging due to inventory risk, the risk of accumulating an unfavourable position and…

Artificial Intelligence · Computer Science 2018-04-13 Thomas Spooner , John Fearnley , Rahul Savani , Andreas Koukorinis

We proposed a market simulation model (micro model) which displays multifractality and reproduces many important stylized facts of speculative markets. From this model we analytically extracted the MMAR model (Multifractal Model of Asset…

Statistical Mechanics · Physics 2008-12-02 Kazuko Yamasaki , Kenneth J. Mackin

In this paper we propose to extend the definition of fuzzy transform in order to consider an interpolation of models that are richer than the standard fuzzy transform. We focus on polynomial models, linear in particular, although the…

Data Analysis, Statistics and Probability · Physics 2017-05-08 Luigi Troiano , Pravesh Kriplani , Irene Diaz

Automatic synthesis of analog and Radio Frequency (RF) circuits is a trending approach that requires an efficient circuit modeling method. This is due to the expensive cost of running a large number of simulations at each synthesis cycle.…

Machine Learning · Computer Science 2023-08-07 Morteza Fayazi , Morteza Tavakoli Taba , Amirata Tabatabavakili , Ehsan Afshari , Ronald Dreslinski

We develop a transparent and fully auditable LLM-based pipeline for macro-financial stress testing, combining structured prompting with optional retrieval of country fundamentals and news. The system generates machine-readable macroeconomic…

Risk Management · Quantitative Finance 2025-12-10 Masoud Soleimani

Microfluidic devices have been the subject of considerable attention in recent years. The development of novel microfluidic devices, their evaluation, and their validation requires simulations. While common methods based on Computational…

Fluid Dynamics · Physics 2024-11-05 Maria Emmerich , Florina Costamoling , Robert Wille

Simulation is a prospective method for generating diverse and realistic traffic scenarios to aid in the development of driving decision-making systems. However, existing simulators often fall short in diverse scenarios or interactive…

Machine Learning · Computer Science 2024-05-21 Yueyuan Li , Songan Zhang , Mingyang Jiang , Xingyuan Chen , Yeqiang Qian , Chunxiang Wang , Ming Yang

Although the power of LLM tool-use agents has ignited a flurry of recent research in this area, the curation of tool-use training data remains an open problem$-$especially for online RL training. Existing approaches to synthetic tool-use…

Machine Learning · Computer Science 2025-09-25 Michael Sullivan , Mareike Hartmann , Alexander Koller

Conventional financial strategy evaluation relies on isolated backtests in static environments. Such evaluations assess each policy independently, overlook correlations and interactions, and fail to explain why strategies ultimately persist…

Physics and Society · Physics 2026-02-03 Mingxi Zou , Jiaxiang Chen , Aotian Luo , Jingyi Dai , Chi Zhang , Dongning Sun , Zenglin Xu

Financial reinforcement learning (FinRL) is now a practical paradigm for financial engineering. However, applying RL strategies to real-world trading tasks remains a challenge for individuals, as it is error-prone and engineering-heavy. The…

Computational Engineering, Finance, and Science · Computer Science 2025-07-16 Keyi Wang , Nikolaus Holzer , Ziyi Xia , Yupeng Cao , Jiechao Gao , Anwar Walid , Kairong Xiao , Xiao-Yang Liu Yanglet

In this paper, we present a novel approach to the generation of virtual scenarios of multivariate financial data of arbitrary length and composition of assets. With this approach, decades of realistic time-synchronized data can be simulated…

Computational Finance · Quantitative Finance 2018-02-07 Javier Franco-Pedroso , Joaquin Gonzalez-Rodriguez , Jorge Cubero , Maria Planas , Rafael Cobo , Fernando Pablos

Considering the multimodal signals of search items is beneficial for retrieval effectiveness. Especially in web table retrieval (WTR) experiments, accounting for multimodal properties of tables boosts effectiveness. However, it still…

Information Retrieval · Computer Science 2023-10-19 Björn Engelmann , Timo Breuer , Philipp Schaer

With the fast development of quantitative portfolio optimization in financial engineering, lots of AI-based algorithmic trading strategies have demonstrated promising results, among which reinforcement learning begins to manifest…

Mathematical Finance · Quantitative Finance 2023-03-10 Huifang Huang , Ting Gao , Pengbo Li , Jin Guo , Peng Zhang , Nan Du

Wrong-Way Risk (WWR) is an important component in Funding Valuation Adjustment (FVA) modelling. Yet, the standard assumption is independence between market risks and the counterparty defaults and funding costs. This typical industrial…

Computational Finance · Quantitative Finance 2024-06-07 T. van der Zwaard , L. A. Grzelak , C. W. Oosterlee

Risk management is an important part of financial practice, essential for protecting assets and investments in modern-day volatile markets. This paper proposes a mixture of mirrored Weibull (MMW) distribution for modelling stock returns and…

Applications · Statistics 2026-05-20 Zijun Jia , Sharon X. Lee

Recent advances in large language model (LLM) have empowered autonomous agents to perform multi-turn interactions with tools and environments. However, scaling such agent training is limited by the lack of diverse and reliable environments.…

Artificial Intelligence · Computer Science 2026-05-26 Zhaoyang Wang , Canwen Xu , Boyi Liu , Yite Wang , Siwei Han , Zhewei Yao , Huaxiu Yao , Yuxiong He

We present our Agent-Based Market Microstructure Simulation (ABMMS), an Agent-Based Financial Market (ABFM) that captures much of the complexity present in the US National Market System for equities (NMS). Agent-Based models are a natural…

Trading and Market Microstructure · Quantitative Finance 2023-11-28 Colin M. Van Oort , Ethan Ratliff-Crain , Brian F. Tivnan , Safwan Wshah