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  1. Correlation emergence in two coupled limit order books in the fluid limit

    Weuse random walks to simulate the fluid limit of two coupled diffusive limit order books to model correlation emergence. The model implements the arrival, cancellation and diffusion of orders coupled by a pairs trader profiting from the mean-reversion between the two order-books in the fluid limit …

    cape-town Repository record for Correlation emergence in two coupled limit order books in the fluid limit (opens in a new tab)