2 papers
q-fin.CP2026
Same Book, Different Fills: Partial Identification of FIFO Execution from Aggregate Order Books
Riya Danait, Yuliana Zamora, Ioana Boier
Price-level limit order book (L2) data reveal aggregate liquidity but not the ordered queue required by price--time priority. Passive-execution backtests can therefore depend on an…
stat.ML2026
A Basin-Selection Perspective on Grokking via Singular Learning Theory
Ben Cullen, Sergio Estan-Ruiz, Riya Danait +1
Grokking, the abrupt transition from memorization to generalisation after extended training, suggests the presence of competing solution basins with distinct statistical properties…