pith. sign in

arxiv: math/0409076 · v2 · submitted 2004-09-06 · 🧮 math.PR · q-fin.TR

Uncertainty relations in models of market microstructure

classification 🧮 math.PR q-fin.TR
keywords marketmicrostructureanalysisasymptoticboundcontemporaneousexhibitsfinancial
0
0 comments X
read the original abstract

This paper presents a new interacting particle system and uses it as a spin model for financial market microstructure. The asymptotic analysis of this stochastic process exhibits a lower bound to the contemporaneous measurement of price and trading volume under the invariant measure in the `frozen' phase of the supercritical regime.

This paper has not been read by Pith yet.

discussion (0)

Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.