[HTML][HTML] Not feeling the buzz: Correction study of mispricing and inefficiency in online sportsbooks

L Clegg, J Cartlidge - International Journal of Forecasting, 2024 - Elsevier
We present a replication and correction of a recent article (Ramirez et al., 2023). RRS
measure profile page views on Wikipedia to generate a “buzz factor” metric for tennis …

Agent-based model exploration of latency arbitrage in fragmented financial markets

M Duffin, J Cartlidge - 2018 IEEE Symposium Series on …, 2018 - ieeexplore.ieee.org
Computerisation of the financial markets has precipitated an arms-race for ever-faster
trading. In combination, regulatory reform to encourage competition has resulted in market …

Adaptive-aggressive traders don't dominate

D Snashall, D Cliff - International conference on agents and artificial …, 2019 - Springer
For more than a decade Vytelingum's Adaptive-Aggressive (AA) algorithm has been
recognized as the best-performing automated auction-market trading-agent strategy …

Behavioural investigations of financial trading agents using Exchange Portal (ExPo)

S Stotter, J Cartlidge, D Cliff - Transactions on Computational Collective …, 2014 - Springer
Some major financial markets are currently reporting that 50% or more of all transactions are
now executed by automated trading systems (ATS). To understand the impact of ATS …

Modelling complex financial markets using real-time human–agent trading experiments

J Cartlidge, D Cliff - Complex Systems Modeling and Simulation in …, 2018 - Springer
To understand the impact of high-frequency trading (HFT) systems on financial-market
dynamics, a series of controlled real-time experiments involving humans and automated …

Exhaustive testing of trader-agents in realistically dynamic continuous double auction markets: AA does not dominate

D Cliff - 11th International Conference on Agents …, 2019 - research-information.bris.ac.uk
We analyse results from over 3.4 million detailed market-trading simulation sessions which
collectively confirm an unexpected result: in markets with dynamically varying supply and …

A cloud-native globally distributed financial exchange simulator for studying real-world trading-latency issues at planetary scale

B Miles, D Cliff - arxiv preprint arxiv:1909.12926, 2019 - arxiv.org
We describe a new public-domain open-source simulator of an electronic financial
exchange, and of the traders that interact with the exchange, which is a truly distributed and …