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This paper presents a new financial market simulator that may be used as a tool in both industry and academia for research in market microstructure. It allows multiple automated traders and/or researchers to simultaneously connect to an…

Trading and Market Microstructure · Quantitative Finance 2020-08-31 Thiago W. Alves , Ionut Florescu , George Calhoun , Dragos Bozdog

Deep neural networks (DNNs) are powerful types of artificial neural networks (ANNs) that use several hidden layers. They have recently gained considerable attention in the speech transcription and image recognition community (Krizhevsky et…

Machine Learning · Computer Science 2017-06-15 Matthew Dixon , Diego Klabjan , Jin Hoon Bang

Federated Reinforcement Learning (FRL) offers a promising solution to various practical challenges in resource allocation for vehicle-to-everything (V2X) networks. However, the data discrepancy among individual agents can significantly…

Signal Processing · Electrical Eng. & Systems 2024-05-06 Kaidi Xu , Shenglong Zhou , Geoffrey Ye Li

This study presents a Reinforcement Learning (RL)-based portfolio management model tailored for high-risk environments, addressing the limitations of traditional RL models and exploiting market opportunities through two-sided transactions…

Portfolio Management · Quantitative Finance 2024-08-13 Ali Habibnia , Mahdi Soltanzadeh

Reinforcement learning (RL) has shown significant promise for sequential portfolio optimization tasks, such as stock trading, where the objective is to maximize cumulative returns while minimizing risks using historical data. However,…

Machine Learning · Computer Science 2025-05-20 Haochen Yuan , Minting Pan , Yunbo Wang , Siyu Gao , Philip S. Yu , Xiaokang Yang

Federated learning (FL) allows mutually untrusted clients to collaboratively train a common machine learning model without sharing their private/proprietary training data among each other. FL is unfortunately susceptible to poisoning by…

Machine Learning · Computer Science 2022-08-18 Hamid Mozaffari , Virat Shejwalkar , Amir Houmansadr

Decentralized finance (DeFi) applications depend on accurate price oracles to ensure secure transactions, yet these oracles are highly vulnerable to manipulation, enabling attackers to exploit smart contract vulnerabilities for unfair asset…

Cryptography and Security · Computer Science 2025-02-12 Bo Gao , Yuan Wang , Qingsong Wei , Yong Liu , Rick Siow Mong Goh , David Lo

Reinforcement learning (RL) has become a pivotal technology in the post-training phase of large language models (LLMs). Traditional task-colocated RL frameworks suffer from significant scalability bottlenecks, while task-separated RL…

Autonomous bicycles offer a promising agile solution for urban mobility and last-mile logistics. However, conventional control strategies often struggle with underactuated nonlinear dynamics, suffering from sensitivity to model mismatches…

Robotics · Computer Science 2026-05-05 Gelu Liu , Teng Wang , Zhijie Wu , Junliang Wu , Songyuan Li , Xiangwei Zhu

Algorithmic trading requires short-term tactical decisions consistent with long-term financial objectives. Reinforcement Learning (RL) has been applied to such problems, but adoption is limited by myopic behaviour and opaque policies. Large…

Machine Learning · Computer Science 2025-10-28 Adam Darmanin , Vince Vella

In this study, we focus on the analysis of financial data in a federated setting, wherein data is distributed across multiple clients or locations, and the raw data never leaves the local devices. Our primary focus is not only on the…

Machine Learning · Computer Science 2025-04-30 Kun Yang , Nikhil Krishnan , Sanjeev R. Kulkarni

Federated learning (FL) is a decentralized learning paradigm widely adopted in resource-constrained Internet of Things (IoT) environments. These devices, typically relying on TinyML models, collaboratively train global models by sharing…

Machine Learning · Computer Science 2026-02-10 Pouria Arefijamal , Mahdi Ahmadlou , Bardia Safaei , Jörg Henkel

Generative AI, particularly large language models (LLMs), is beginning to transform the financial industry by automating tasks and helping to make sense of complex financial information. One especially promising use case is the automatic…

Statistical Finance · Quantitative Finance 2025-11-11 Zonghan Wu , Congyuan Zou , Junlin Wang , Chenhan Wang , Hangjing Yang , Yilei Shao

Large language models (LLMs) are increasingly used as quantitative research copilots to translate natural-language strategy specifications into executable trading code. Yet most existing evaluations either focus on static financial…

Software Engineering · Computer Science 2026-04-07 Yuchen Cao , Hanlin Zhang , Jacky Wai Keung , Yang Chen , Linqi Song

Quantitative trading (QT), which refers to the usage of mathematical models and data-driven techniques in analyzing the financial market, has been a popular topic in both academia and financial industry since 1970s. In the last decade,…

Machine Learning · Computer Science 2021-09-29 Shuo Sun , Rundong Wang , Bo An

This paper addresses a multi-echelon inventory management problem with a complex network topology where deriving optimal ordering decisions is difficult. Deep reinforcement learning (DRL) has recently shown potential in solving such…

Machine Learning · Computer Science 2024-01-30 Liqiang Cheng , Jun Luo , Weiwei Fan , Yidong Zhang , Yuan Li

Accurate forecasting in financial markets requires integrating diverse data sources, from historical prices to macroeconomic indicators and financial news. However, existing models often fail to align these modalities effectively, limiting…

Machine Learning · Computer Science 2025-11-04 Yunhua Pei , John Cartlidge , Anandadeep Mandal , Daniel Gold , Enrique Marcilio , Riccardo Mazzon

Reinforcement learning (RL) has shown great effectiveness in quadrotor control, enabling specialized policies to develop even human-champion-level performance in single-task scenarios. However, these specialized policies often struggle with…

Robotics · Computer Science 2024-12-18 Jiaxu Xing , Ismail Geles , Yunlong Song , Elie Aljalbout , Davide Scaramuzza

This paper presents a novel holistic deep learning framework that simultaneously addresses the challenges of vulnerability to input perturbations, overparametrization, and performance instability from different train-validation splits. The…

Large language models (LLMs) have demonstrated remarkable proficiency in understanding and generating human-like texts, which may potentially revolutionize the finance industry. However, existing LLMs often fall short in the financial…

Computation and Language · Computer Science 2023-11-15 Xiao-Yang Liu , Guoxuan Wang , Hongyang Yang , Daochen Zha
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