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q-fin.TR2026
Directional Liquidity and Geometric Shear in Pregeometric Order Books
João P. da Cruz
We introduce a structural framework for the geometry of financial order books in which liquidity, supply, and demand are treated as emergent observables rather than primitive marke…
q-fin.TR2026
Pregeometric Origins of Liquidity Geometry in Financial Order Books
João P. da Cruz
We propose a structural framework for the geometry of financial order books in which liquidity, supply, and demand are treated as emergent observables rather than primitive economi…