88 citations · 158 across the 4 of their papers we have counts for
4 papers
Lightning Network: a second path towards centralisation of the Bitcoin economy
Jian-Hong Lin, Kevin Primicerio, Tiziano Squartini +2
The Bitcoin Lightning Network (BLN), a so-called "second layer" payment protocol, was launched in 2018 to scale up the number of transactions between Bitcoin owners. In this paper,…
Large large-trader activity weakens the long memory of limit order markets
Kevin Primicerio, Damien Challet
Using more than 6.7 billions of trades, we explore how the tick-by-tick dynamics of limit order books depends on the aggregate actions of large investment funds on a much larger (q…
Wisdom of the institutional crowd
Kevin Primicerio, Damien Challet, Stanislao Gualdi
The average portfolio structure of institutional investors is shown to have properties which account for transaction costs in an optimal way. This implies that financial institutio…
Statistically validated network of portfolio overlaps and systemic risk
Stanislao Gualdi, Giulio Cimini, Kevin Primicerio +2
Common asset holding by financial institutions, namely portfolio overlap, is nowadays regarded as an important channel for financial contagion with the potential to trigger fire sa…