A world model for market microstructure

In Part 1 of this blog post series, I described the preprocessing problem that kept surfacing in conversations with HFT firms: their pipelines are either too rigid or too manual, and neither holds up when market conditions shift. The question I left open was whether there's a more principled…

In Part 1 of this blog post series, I described the preprocessing problem that kept surfacing in conversations with HFT firms: their pipelines are either too rigid or too manual, and neither holds up when market conditions shift. The question I left open was whether there's a more principled alternative, one that doesn't rely on hand-engineering rules for every regime the market might produce.

Source: Lambda Labs — Published — Category: Models

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