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We propose a mathematical procedure for finding informed trader activities in European-style options and their underlying asset. The regression model (9) with moving average component was written. Being added to it ARMA-process for…

交易与市场微观结构 · 定量金融 2014-03-14 Lyudmila A. Glik , Oleg L. Kritski

Predicting the price that has the least error and can provide the best and highest accuracy has been one of the most challenging issues and one of the most critical concerns among capital market activists and researchers. Therefore, a model…

机器学习 · 计算机科学 2025-05-05 Mohammadhossein Rashidi , Mohammad Modarres

Every change of trend in the forex market presents a great opportunity as well as a risk for investors. Accurate forecasting of forex prices is a crucial element in any effective hedging or speculation strategy. However, the complex nature…

计算工程、金融与科学 · 计算机科学 2020-08-18 Zhiwen Zeng , Matloob Khushi

The onset of the Russo-Ukrainian crisis has led to the rapid depreciation of the Russian ruble. In this study, we model intraday price fluctuations of the USD/RUB and the EUR/RUB exchange rates from the $1^{st}$ of December 2021 to the…

综合金融 · 定量金融 2022-05-20 Štefan Lyócsa , Tomáš Plíhal

Price movement forecasting, aimed at predicting financial asset trends based on current market information, has achieved promising advancements through machine learning (ML) methods. Most existing ML methods, however, struggle with the…

机器学习 · 计算机科学 2024-07-11 Liang Zeng , Lei Wang , Hui Niu , Ruchen Zhang , Ling Wang , Jian Li

The assessment of co-movement among metals is crucial to better understand the behaviors of the metal prices and the interactions with others that affect the changes in prices. In this study, both Wavelet Analysis and VARMA (Vector…

统计金融 · 定量金融 2016-02-08 Emre Kahraman , Gazanfer Ünal

Using a two-point correlation technique, we study emergence of market efficiency in the emergent Russian futures market by focusing on lagged correlations. The correlation strength of leader-follower effects in the lagged inter-market…

交易与市场微观结构 · 定量金融 2013-09-17 Mikhail Kopytin , Evgeniy Kazantsev

Reliable gas price forecasts are an essential information for gas and energy traders, for risk managers and also economists. However, ahead of the war in Ukraine Europe began to suffer from substantially increased and volatile gas prices…

机器学习 · 计算机科学 2024-07-25 Stephan Schlüter , Sven Pappert , Martin Neumann

We test whether simple, interpretable state variables-trend and momentum-can generate durable out-of-sample alpha in one of the world's most liquid assets, gold. Using a rolling 10-year training and 6-month testing walk-forward from 2015 to…

交易与市场微观结构 · 定量金融 2025-11-12 Mainak Singha , Jose Aguilera-Toste , Vinayak Lahiri

An asymmetric information model is introduced for the situation in which there is a small agent who is more susceptible to the flow of information in the market than the general market participant, and who tries to implement strategies…

交易与市场微观结构 · 定量金融 2013-01-31 Dorje C. Brody , Mark H. A. Davis , Robyn L. Friedman , Lane P. Hughston

Few assets in financial history have been as notoriously volatile as cryptocurrencies. While the long term outlook for this asset class remains unclear, we are successful in making short term price predictions for several major crypto…

交易与市场微观结构 · 定量金融 2019-12-02 David Zhao , Alessandro Rinaldo , Christopher Brookins

This work aims to analyse the predictability of price movements of cryptocurrencies on both hourly and daily data observed from January 2017 to January 2021, using deep learning algorithms. For our experiments, we used three sets of…

统计金融 · 定量金融 2021-02-18 Marco Ortu , Nicola Uras , Claudio Conversano , Giuseppe Destefanis , Silvia Bartolucci

The majority of studies in the field of AI guided financial trading focus on purely applying machine learning algorithms to continuous historical price and technical analysis data. However, due to non-stationary and high volatile nature of…

统计金融 · 定量金融 2021-02-03 Ling Qi , Matloob Khushi , Josiah Poon

Working on different aspects of algorithmic trading we empirically discovered a new market invariant. It links together the volatility of the instrument with its traded volume, the average spread and the volume in the order book. The…

交易与市场微观结构 · 定量金融 2019-08-14 Oleh Danyliv , Bruce Bland

We propose a Genetic Programming architecture for the generation of foreign exchange trading strategies. The system's principal features are the evolution of free-form strategies which do not rely on any prior models and the utilization of…

神经与进化计算 · 计算机科学 2014-11-11 Simone Cirillo , Stefan Lloyd , Peter Nordin

The article investigates the usage of Informer architecture for building automated trading strategies for high frequency Bitcoin data. Three strategies using Informer model with different loss functions: Root Mean Squared Error (RMSE),…

交易与市场微观结构 · 定量金融 2025-03-25 Filip Stefaniuk , Robert Ślepaczuk

For the pedestrian observer, financial markets look completely random with erratic and uncontrollable behavior. To a large extend, this is correct. At first approximation the difference between real price changes and the random walk model…

统计金融 · 定量金融 2011-08-22 Laurent Schoeffel

For the pedestrian observer, financial markets look completely random with erratic and uncontrollable behavior. To a large extend, this is correct. At first approximation the difference between real price changes and the random walk model…

统计金融 · 定量金融 2011-08-22 Laurent Schoeffel

This paper studies the switching of trading strategies and its effect on the market volatility in a continuous double auction market. We describe the behavior when some uninformed agents, who we call switchers, decide whether or not to pay…

交易与市场微观结构 · 定量金融 2015-06-17 Yi-Fang Liu , Wei Zhang , Chao Xu , Jørgen Vitting Andersen , Hai-Chuan Xu

In this paper we extend the theory of option pricing to take into account and explain the empirical evidence for asset prices such as non-Gaussian returns, long-range dependence, volatility clustering, non-Gaussian copula dependence, as…

数理金融 · 定量金融 2017-11-28 Stoyan V. Stoyanov , Yong Shin Kim , Svetlozar T. Rachev , Frank J. Fabozzi
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