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Thermodynamic Analysis of Financial Markets: Measuring Order Book Dynamics with Temperature and Entropy

Haochen Li1, Yue Xiao1, Maria Polukarov1

  • 1Department of Informatics, King's College London, Bush House, Strand, London WC2R 2LS, UK.

Entropy (Basel, Switzerland)
|January 22, 2024
PubMed

Keywords:
cryptocurrency marketseconophysicslimit order bookliquiditymarket entropymarket microstructuremarket temperaturevolatility

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