{"as_of":"2026-08-09T14:06:00Z","caps":{"database_statements":6,"inbound":100,"outbound":100},"context_digest":"sha256:73a697b5efe07d96c36187c88daab9832e9c927f8bc19adad9dbc90853802676","coverage":[{"denominator":62,"lane":"reference_resolution","note":"Typed states for the displayed outbound observations.","records_observed":62,"source":"paper_references, paper_reference_links","source_observed_at":"2026-08-03T08:27:00.136392Z","state":"measured"},{"denominator":63,"lane":"standing_notices","note":"One-hop event checks from named stored sources.","records_observed":63,"source":"scholarly_work_events, retraction_status_cache","source_observed_at":"2026-08-09T06:31:02.800959+00:00","state":"measured"},{"denominator":1,"lane":"inbound_itemization","note":"Pith citing papers itemized under the disclosed page cap.","records_observed":1,"source":"paper_references, paper_reference_links","source_observed_at":"2026-06-26T16:42:21.503247Z","state":"measured"},{"denominator":1,"lane":"external_citation_measurements","note":"A source-named dated measurement, never combined with another source.","records_observed":0,"source":"arxiv_reference","source_observed_at":"2026-07-04T04:49:35.967786Z","state":"measured"}],"external_citation_measurements":[],"inbound":[{"citation":{"cited_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"cited_work":{"arxiv_id":"2601.17247","doi":null,"metadata_source":"arxiv_reference","pith_arxiv_id":"2601.17247","snapshot_observed_at":"2026-07-31T02:06:16.013375Z","title":"Graf and T","venue":null,"work_id":"bec4cea5-4450-455c-88e2-47dae8cb90cd","year":null},"citing_paper":{"arxiv_id":"2606.19772","last_updated":"2026-06-18T04:12:50Z","snapshot_observed_at":"2026-08-07T02:42:30.283554Z","submitted_at":"2026-06-18T04:12:50Z","title":"Signature Methods for Optimal Market Making","version":1},"reference_index":13,"source":"pdf_text","source_observed_at":"2026-06-26T16:42:21.503247Z"},"links":{"cited_paper":"/paper/2601.17247","citing_paper":"/paper/2606.19772"},"observation_digest":"sha256:e3e287a89dc82bf870cef39f48b8ee4a62ad2b5d529d2f8f2a52e9af13e061c5","observation_id":"9a4ad5d4-b4a4-4aa7-869a-ce72ee7b19c8","resolution":{"observed_at":"2026-07-31T02:06:16.013375Z","resolver_source":"arxiv_id","status":"verified_exact"},"standing_notice":{"events":[],"observation":"No event found in the named queried sources as of 2026-08-09T06:31:02.800959+00:00.","reason":null,"source_receipts":[{"observed_at":"2026-08-09T06:31:02.800959+00:00","source":"crossref"},{"observed_at":"2026-08-09T06:30:57.326959+00:00","source":"retraction_watch"}],"state":"measured"}}],"links":{"evidence":"/evidence","html":"/paper/2601.17247/citation-record","integrity":"/paper/2601.17247/integrity","json":"/paper/2601.17247/citation-record.json","paper":"/paper/2601.17247"},"outbound":[{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:52.846425Z","title":"Lifting the Heston model.Quantitative finance, 19(12):1995–2013, 2019","venue":null,"work_id":null,"year":1995},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":1,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:52.846425Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:01b7ba0cf717daea70b19d921cd9e7f7c4c8f9c1c7d7fc6bb33d039a61293d71","observation_id":"61edbf5a-4fbb-4d5f-88b5-0b2a1b3a8f27","resolution":{"observed_at":"2026-08-03T08:26:52.846425Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:52.958881Z","title":"Multifactor approximation of rough volatility models.SIAM journal on financial mathematics, 10(2):309–349, 2019","venue":null,"work_id":null,"year":2019},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":2,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:52.958881Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:7937ad8f58b4d2fd17dc76b2ff6d11590be455fc2d18cd556a97aa3adf9a7814","observation_id":"bbef138f-1752-4587-a4d8-1b95045c865a","resolution":{"observed_at":"2026-08-03T08:26:52.958881Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.074013Z","title":"Optimal execution of portfolio transactions.Journal of Risk, 3:5–40, 2001","venue":null,"work_id":null,"year":2001},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":3,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.074013Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:2f8244033e30717aa6b01292bd535a4b7f8cb589fa80500118064d325ee44c0b","observation_id":"4cff2b3b-1a15-48d1-ad97-092087cb0c07","resolution":{"observed_at":"2026-08-03T08:26:53.074013Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.212797Z","title":"High-frequency trading in a limit order book.Quan- titative Finance, 8(3):217–224, 2008","venue":null,"work_id":null,"year":2008},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":4,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.212797Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:4fd52ff8dfd0947c08c11c10e2e8c4e19d0111874988708d9a0f6d29bc724448","observation_id":"6cf0102f-ce1e-42bf-96d7-50d6b492f423","resolution":{"observed_at":"2026-08-03T08:26:53.212797Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.355810Z","title":"Algorithmic market making for options.Quantitative Finance, 21(1):85–97, 2021","venue":null,"work_id":null,"year":2021},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":5,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.355810Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:ced71d02574ccbd48d0d046094282d10755dbe60e38eb018b3c49eefdc00d072","observation_id":"34beae75-9b35-4997-927e-b2b754601866","resolution":{"observed_at":"2026-08-03T08:26:53.355810Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.456438Z","title":"Market liq- uidity and competition among designated market makers.Management Science, 71(1):184– 201, 2025","venue":null,"work_id":null,"year":2025},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":6,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.456438Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:2ff955468a8f243d4b3cfc75d2fdb4c1f58a1c295e0d87f4c54fe986413855c4","observation_id":"525334cf-1777-4e43-b3b7-df580de0c285","resolution":{"observed_at":"2026-08-03T08:26:53.456438Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.584538Z","title":"Market making via reinforcement learning","venue":null,"work_id":null,"year":2019},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":7,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.584538Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:c2561bc2793d40c9fc11c4aef67331f131ef59b77afee9e46d22a59a38d5f02f","observation_id":"0233bb94-191e-40e4-8996-0c2b98b05ec8","resolution":{"observed_at":"2026-08-03T08:26:53.584538Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.703480Z","title":"IPO auctions: English, dutch,","venue":null,"work_id":null,"year":2002},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":8,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.703480Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:72672a6b46985612c4c8e003913776096dc9b96e927d2aa0e55cdf3a1d65cc65","observation_id":"f6fc4ed0-4a63-46c2-8ac9-4419dc33f387","resolution":{"observed_at":"2026-08-03T08:26:53.703480Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.868745Z","title":"Price discovery and learning during the preopening period in the paris bourse.Journal of Political Economy, 107(6):1218–1248, 1999","venue":null,"work_id":null,"year":1999},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":9,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.868745Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:e696c523a5a505af99fc111e0105b4f66e90d497dfdd81f56e617ca16437ab36","observation_id":"f3a0537a-fa5d-400e-9670-9d5f6e05d060","resolution":{"observed_at":"2026-08-03T08:26:53.868745Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:53.977120Z","title":"Power laws in economics and finance: some ideas fromphysics","venue":null,"work_id":null,"year":2001},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":10,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:53.977120Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:41c40ac0ab170cadedca4bbcb473bf3fbd560a61d13c5c56ff966921f29e7c6e","observation_id":"abb8e283-a7e1-4396-bcde-2e188171e6b2","resolution":{"observed_at":"2026-08-03T08:26:53.977120Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:54.117126Z","title":"Implementation details for frequent batch auctions: Slowing down markets to the blink of an eye.American Economic Review, 104(5):418–424, 2014","venue":null,"work_id":null,"year":2014},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":11,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.117126Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:dedd13dd9e3b2ec2492f8113dfd44cc52100504a10742c8ba2d25924a03c54fd","observation_id":"ef040d43-d572-47f0-b3f4-d5ad1b970276","resolution":{"observed_at":"2026-08-03T08:26:54.117126Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:54.305444Z","title":"Portfolio optimization in fractional and rough Heston models.SIAM Journal on Financial Mathematics, 11(1):240–273, 2020","venue":null,"work_id":null,"year":2020},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":12,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.305444Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:63580e705d972801464e3ab20c311ca46c3b9185b6d2a0a15e894a26f52e81ef","observation_id":"8a2aa4ca-7333-4982-8d7a-d98672b4fe8e","resolution":{"observed_at":"2026-08-03T08:26:54.305444Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"2409.02025","last_updated":"2025-07-14T07:04:00Z","snapshot_observed_at":"2026-07-06T19:09:50.836734Z","submitted_at":"2024-09-03T16:20:07Z","title":"Logarithmic regret in the ergodic Avellaneda-Stoikov market making model","version":2},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"2409.02025","snapshot_observed_at":"2026-08-03T08:26:54.436246Z","title":"Logarithmic regret in the ergodic Avellaneda-Stoikov market making model.arXiv preprint arXiv:2409.02025, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":13,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.436246Z"},"links":{"cited_paper":"/paper/2409.02025","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:00c34f85bab9099ed71908b60c0708eb7318bdc2e43aaa45174764b8a644c0d2","observation_id":"c7deba9b-34ac-46c6-81a1-310b42c4686e","resolution":{"observed_at":"2026-08-03T08:26:54.436246Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:54.552358Z","title":"Cambridge University Press, 2023","venue":null,"work_id":null,"year":2023},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":14,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.552358Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:812d2ca7b3f86efc1c201f8bda55fb9e2dd4145077980973fb80728b23b79c0e","observation_id":"082cd9ec-1644-4598-b944-70f49b984c26","resolution":{"observed_at":"2026-08-03T08:26:54.552358Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:54.646642Z","title":"The influence of economic research on financial mathematics: Evidence from the last 25 years.Finance and Stochastics, 26(1):85–101, 2022","venue":null,"work_id":null,"year":2022},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":15,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.646642Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:40c463f477d100d263345bb395c4bb4c0e52f1cb4002b68dced8d779e36f7f4b","observation_id":"d499f484-2a7d-4f84-aa78-a6e58536107f","resolution":{"observed_at":"2026-08-03T08:26:54.646642Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:54.755544Z","title":"Cambridge University Press, 2015","venue":null,"work_id":null,"year":2015},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":16,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.755544Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:862fc06c9ff40e02a0b35b3bf629cbc023a7041b48ae46c0cf2caf66137059ba","observation_id":"929689fb-ee46-45bb-8164-0b6538399c43","resolution":{"observed_at":"2026-08-03T08:26:54.755544Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"2411.13993","last_updated":"2025-06-17T07:56:29Z","snapshot_observed_at":"2026-08-07T16:32:55.124846Z","submitted_at":"2024-11-21T10:13:55Z","title":"Market Making without Regret","version":2},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"2411.13993","snapshot_observed_at":"2026-08-03T08:26:54.898460Z","title":"Market making without regret.arXiv preprint arXiv:2411.13993, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":17,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.898460Z"},"links":{"cited_paper":"/paper/2411.13993","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:64b9fafc349f3d3092d16234b5415a20e71ee5039b6092ade5492ebfcca91823","observation_id":"41cd10d0-d2c0-47ab-9d1b-3d211a581816","resolution":{"observed_at":"2026-08-03T08:26:54.898460Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:54.971968Z","title":"Special issue on machine learning in finance.Mathematical Finance, 34(2):259–261, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":18,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:54.971968Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:e94badb5e78f9f0c94341823cf59d6fea0e146256676fd72967f588886d3555b","observation_id":"efc31a2c-7615-4951-b1f8-1f151058df93","resolution":{"observed_at":"2026-08-03T08:26:54.971968Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:55.148592Z","title":"AHEAD: Ad hoc electronic auction design.Frontiers of Mathematical Finance, 3(2):163–213, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":19,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:55.148592Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:a969400eed385b35a4ef1a8e04b761ae80c08064a4afc301ac0212c6e176bce8","observation_id":"67d1450c-6b70-46c3-8b32-bbbada03a08c","resolution":{"observed_at":"2026-08-03T08:26:55.148592Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"2307.15805","last_updated":"2023-07-28T20:54:12Z","snapshot_observed_at":"2026-07-06T16:00:00.278754Z","submitted_at":"2023-07-28T20:54:12Z","title":"Equilibria and incentives for illiquid auction markets","version":1},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"2307.15805","snapshot_observed_at":"2026-08-03T08:26:55.331258Z","title":"Equilib- ria and incentives for illiquid auction markets.arXiv preprint arXiv:2307.15805, to appear in Market Microstructure and Liquidity, 2023","venue":null,"work_id":null,"year":2023},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":20,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:55.331258Z"},"links":{"cited_paper":"/paper/2307.15805","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:e3bac2c2f4a04f22821aa249f870ce070965a779318b46e35397ccd1b76806cd","observation_id":"b99598f1-9062-4090-a154-204723b1ee04","resolution":{"observed_at":"2026-08-03T08:26:55.331258Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:55.530254Z","title":"Welfare and optimal trading frequency in dynamic double auctions","venue":null,"work_id":null,"year":2014},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":21,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:55.530254Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:7b7e4416ca273687c4c17a93252149283031a7a0e8d457251e284d8ee8bdeab0","observation_id":"b36dc977-e672-4735-a4b2-5903a128608f","resolution":{"observed_at":"2026-08-03T08:26:55.530254Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:55.681179Z","title":"Size discovery.The Review of Financial Studies, 30(4):1095–1150, 2017","venue":null,"work_id":null,"year":2017},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":22,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:55.681179Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:8948fef09704c6343cba1e74e24f75c1552f4ce1a529a39b814d876214233dc9","observation_id":"4d1a0a19-55b6-41a4-a5bb-39e7151bbabc","resolution":{"observed_at":"2026-08-03T08:26:55.681179Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:55.852114Z","title":"A theoretical analysis of deep Q-learning","venue":null,"work_id":null,"year":2020},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":23,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:55.852114Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:50fa57ad5ef2776cdb264bba5f9fcc61531413055e6e3855e12409c4ae856711","observation_id":"5f2c3fee-e72a-4ee7-bc7b-79e64739705b","resolution":{"observed_at":"2026-08-03T08:26:55.852114Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:55.952751Z","title":"Power laws in economics and finance.Annu","venue":null,"work_id":null,"year":2009},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":24,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:55.952751Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:1b9cfa1e63f347e885b9dc7c51a1926a5f864407165f107c639f27dcdd0cd14b","observation_id":"5be5a003-58b4-4f5d-addf-5e0900a5a3a6","resolution":{"observed_at":"2026-08-03T08:26:55.952751Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"1911.05892","last_updated":"2019-11-14T01:55:31Z","snapshot_observed_at":"2026-07-06T08:36:54.434076Z","submitted_at":"2019-11-14T01:55:31Z","title":"Reinforcement Learning for Market Making in a Multi-agent Dealer Market","version":1},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"1911.05892","snapshot_observed_at":"2026-08-03T08:26:56.118996Z","title":"Reinforcement learning for market making in a multi-agent dealer market.arXiv preprint arXiv:1911.05892, 2019","venue":null,"work_id":null,"year":1911},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":25,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.118996Z"},"links":{"cited_paper":"/paper/1911.05892","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:8fe4e230958be3e91cccadb65f886e0dea3351e229fcd6e8f577d3ca146e67d1","observation_id":"1122da1f-386c-4eb7-85a7-193ae037f71a","resolution":{"observed_at":"2026-08-03T08:26:56.118996Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:56.254154Z","title":"Market making with signals through deep rein- forcement learning.IEEE access, 9:61611–61622, 2021","venue":null,"work_id":null,"year":2021},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":26,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.254154Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:fb7ed3b509ac6ad133049a1485ea3c0a9212521d72651b94908224744b69d013","observation_id":"81718071-7d44-4519-a398-d0e4e1a2d7e3","resolution":{"observed_at":"2026-08-03T08:26:56.254154Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:56.350351Z","title":"Volatility is rough","venue":null,"work_id":null,"year":2022},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":27,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.350351Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:74b91921a84ab4827dbb39706a5091b57cd224176c276cc03ed531fb13cab1d5","observation_id":"bb3f1514-26b6-4a50-a5d3-a7cb63d190bc","resolution":{"observed_at":"2026-08-03T08:26:56.350351Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:56.476816Z","title":"Statis- tical properties of share volume traded in financial markets.Physical review e, 62(4):R4493, 2000","venue":null,"work_id":null,"year":2000},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":28,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.476816Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:5a5122bb6a74c86719322cf633fc99ac53b88ac0e0da9e396ee59a2687c1ebc7","observation_id":"ab43ea9f-e41a-4b63-820b-b7b5b22e06d8","resolution":{"observed_at":"2026-08-03T08:26:56.476816Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:56.649471Z","title":"Deepreinforcementlearningformarketmakingincorpo- rate bonds: beating the curse of dimensionality.Applied Mathematical Finance, 26(5):387– 452, 2019","venue":null,"work_id":null,"year":2019},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":29,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.649471Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:60aff8a2e75ef14801698facbc40ceb3271b3f472fea6460d139768ee536cd16","observation_id":"bf3ddd5f-f663-4523-8e5a-b965307e1314","resolution":{"observed_at":"2026-08-03T08:26:56.649471Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:56.784693Z","title":"Dealing with the inventory risk: a solution to the market making problem.Mathematics and financial eco- nomics, 7(4):477–507, 2013","venue":null,"work_id":null,"year":2013},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":30,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.784693Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:c2c917859738171d9f0efb5078cc529861f864e81d022b597a2c1eeceff1ce71","observation_id":"6f1e0119-4cef-4088-848e-b1d9c0d7863b","resolution":{"observed_at":"2026-08-03T08:26:56.784693Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:56.977222Z","title":"Recent advances in reinforcement learning in finance.Mathematical Finance, 33(3):437–503, 2023","venue":null,"work_id":null,"year":2023},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":31,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:56.977222Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:889d9dd000053f53bb368bcc3f49212ca9d193c8de9cdc3c99e915fac7e3bb02","observation_id":"4e358911-327d-44b8-9960-4bb2feea8aa8","resolution":{"observed_at":"2026-08-03T08:26:56.977222Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.176697Z","title":"Transaction cost (in) transparency: Coasian dynamics in frequent batch auctions.Available at SSRN 4861066, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":32,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.176697Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:9cbae4978c7ceb30a9d182b0493f190af4afea73583011ed9fedc349a51185e8","observation_id":"d0e444d7-36e9-4dbe-9b2d-67ada053108e","resolution":{"observed_at":"2026-08-03T08:26:57.176697Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.245816Z","title":"Market making with scaled beta poli- cies","venue":null,"work_id":null,"year":2022},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":33,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.245816Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:66ecbe787e16d85ea26d7506025acf564def64140a9897a3362cb596107b9e04","observation_id":"3338559d-fab0-46ed-9b94-f6f30118c5f2","resolution":{"observed_at":"2026-08-03T08:26:57.245816Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.406641Z","title":"Mbt- gym: Reinforcement learning for model-based limit order book trading","venue":null,"work_id":null,"year":2023},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":34,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.406641Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:09b8552451210212021aa7fdf8b3d13cbfb54ea04d0d5eaf072181932fa84648","observation_id":"cf4175f5-af7b-49b5-828c-e7eac2ad9b8b","resolution":{"observed_at":"2026-08-03T08:26:57.406641Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.515251Z","title":"The effect of a closing call auction on market quality and trading strategies.Journal of Financial Intermediation, 21(1):23–49, 2012","venue":null,"work_id":null,"year":2012},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":35,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.515251Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:ac6af7c6866c1c4ba7ea0fffb6be77ec502b4c51ecd2680578c449156825edf9","observation_id":"84c0b4c2-ee13-425b-90b3-a711b9fba8df","resolution":{"observed_at":"2026-08-03T08:26:57.515251Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.657069Z","title":"Machine learning for market microstructure and high frequency trading.High frequency trading: New realities for traders, markets, and regulators, 72:1877–1901, 2013","venue":null,"work_id":null,"year":1901},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":36,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.657069Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:ce1dd7766b47dd1f961829f497157b3e281737eb1a3fd47f628856b06c7bf3b5","observation_id":"e6809daf-13d2-4888-a74e-e069965dbbd9","resolution":{"observed_at":"2026-08-03T08:26:57.657069Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.848979Z","title":"Continuous auctions and insider trading.Econometrica: Journal of the Econometric Society, pages 1315–1335, 1985","venue":null,"work_id":null,"year":1985},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":37,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.848979Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:7609cf529ae859a1db590729fcbb51ecf18c626427e4e6eb642917d83b3f5bb5","observation_id":"bbe9f591-60af-45b6-9962-ca5b8226d5c7","resolution":{"observed_at":"2026-08-03T08:26:57.848979Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:57.958765Z","title":"Learning a functional control for high- frequency finance.Quantitative Finance, 22(11):1973–1987, 2022","venue":null,"work_id":null,"year":1973},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":38,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:57.958765Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:f698d483817d08e26e52789fb2635bed36f709ff6649763d3f0317e4e8284f64","observation_id":"6dca63ab-e958-4fea-90b1-7bfa249f2483","resolution":{"observed_at":"2026-08-03T08:26:57.958765Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.109375Z","title":"Trading mechanisms in securities markets.the Journal of Finance, 47(2):607–641, 1992","venue":null,"work_id":null,"year":1992},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":39,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.109375Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:4db5318ccb9ec24a6d3bfcec16ee94e0116a1472d9bc34755e7384e71637e1d8","observation_id":"32ac61ae-f90a-49fd-8ec3-6b48e9aa5f0d","resolution":{"observed_at":"2026-08-03T08:26:58.109375Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.219211Z","title":"Price discovery in auction markets: A look inside the black box.The Review of Financial Studies, 13(3):627–658, 2000","venue":null,"work_id":null,"year":2000},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":40,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.219211Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:376a3f339e5810ba64c5cd7e0429e3adcb0ba43394f9e091d53852bdde94b327","observation_id":"e9aeae65-2196-48e3-b6f9-665fdf159d72","resolution":{"observed_at":"2026-08-03T08:26:58.219211Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"2405.09764","last_updated":"2024-10-16T14:12:40Z","snapshot_observed_at":"2026-07-06T18:15:03.339204Z","submitted_at":"2024-05-16T02:10:42Z","title":"Clearing time randomization and transaction fees for auction market design","version":2},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"2405.09764","snapshot_observed_at":"2026-08-03T08:26:58.291831Z","title":"Clearing time randomization and transaction fees for auction market design.arXiv preprint arXiv:2405.09764, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":41,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.291831Z"},"links":{"cited_paper":"/paper/2405.09764","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:4d08f4dc68f49ffcdcc99b6d8679ac2531d89b47897e80d77dd097751ee35699","observation_id":"228db6db-7b21-4da3-9836-7e0fb4da3212","resolution":{"observed_at":"2026-08-03T08:26:58.291831Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"2501.12591","last_updated":"2026-06-07T05:54:11Z","snapshot_observed_at":"2026-08-09T00:51:05.540089Z","submitted_at":"2025-01-22T02:34:43Z","title":"Optimal Rebate Design: Incentives, Competition and Efficiency in Auction Markets","version":2},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"2501.12591","snapshot_observed_at":"2026-08-03T08:26:58.375626Z","title":"Optimal rebate design: Incentives, competition and efficiency in auction markets.arXiv preprint arXiv:2501.12591, 2025","venue":null,"work_id":null,"year":2025},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":42,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.375626Z"},"links":{"cited_paper":"/paper/2501.12591","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:91e41b950cb43312b70fa6eef23e476357984e233346dcf20dac333a51b23f94","observation_id":"852398c3-3bd7-40ba-a607-969082868059","resolution":{"observed_at":"2026-08-03T08:26:58.375626Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.440088Z","title":"Auctions and bidding: A primer.Journal of economic perspectives, 3(3):3– 22, 1989","venue":null,"work_id":null,"year":1989},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":43,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.440088Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:edb0d9482fba57871d63a0b0f14551fbc07e0122fa95596e5092735f6709e3c1","observation_id":"e17f64ba-7de8-4366-9f76-b315b72f2ea8","resolution":{"observed_at":"2026-08-03T08:26:58.440088Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.505657Z","title":"Auction market design: Recent innovations.Annual Review of Economics, 11(1):383–405, 2019","venue":null,"work_id":null,"year":2019},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":44,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.505657Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:bc379300cfddbeac8234f3897bcb58bf3f53bc02b73a00943690478eef8ba4c8","observation_id":"d42ff1c6-7091-458e-ba13-55354214fef6","resolution":{"observed_at":"2026-08-03T08:26:58.505657Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.600677Z","title":"The economics of competitive bidding: a selective survey.Social goals and social organization: Essays in memory of Elisha Pazner, pages 261–292, 1985","venue":null,"work_id":null,"year":1985},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":45,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.600677Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:47d333eca5fdc89810eeee5ac4e911ce5dc45bdbea0daca0abc4b97706e3db06","observation_id":"f8bca9a0-05a4-43d8-b2cf-2680c83fb27b","resolution":{"observed_at":"2026-08-03T08:26:58.600677Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.672136Z","title":"Cambridge University Press, 2004","venue":null,"work_id":null,"year":2004},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":46,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.672136Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:ed2048fd8078c5a3964a87c3de8f4baae09ee7b2ca906315eb65a65313160efd","observation_id":"e0aa8752-bfb7-412b-b90e-e9e1491a4400","resolution":{"observed_at":"2026-08-03T08:26:58.672136Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":{"arxiv_id":"1312.5602","last_updated":"2013-12-19T16:00:08Z","snapshot_observed_at":"2026-07-06T03:31:23.521122Z","submitted_at":"2013-12-19T16:00:08Z","title":"Playing Atari with Deep Reinforcement Learning","version":1},"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":"1312.5602","snapshot_observed_at":"2026-08-03T08:26:58.745374Z","title":"Playing atari with deep reinforcement learning.arXiv preprint arXiv:1312.5602, 2013","venue":null,"work_id":null,"year":2013},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":47,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.745374Z"},"links":{"cited_paper":"/paper/1312.5602","citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:2dc11133178b2e98c8e8bad08318a1b5c1b63e39f2cd329d139e4a96885a4a25","observation_id":"33304742-b0a6-4b1e-a3ac-ca164ca769e2","resolution":{"observed_at":"2026-08-03T08:26:58.745374Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.812223Z","title":"Human-level control through deep reinforcement learning.nature, 518(7540):529–533, 2015","venue":null,"work_id":null,"year":2015},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":48,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.812223Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:171bcb0124cdff43d899c02adc9c0a18971a82c1747f70331c0e7f8020dd9255","observation_id":"778a1c85-9769-406f-a285-29509117ed0a","resolution":{"observed_at":"2026-08-03T08:26:58.812223Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:58.938923Z","title":"Enhancing Q-learning for optimal asset allocation.Advances in neural information processing systems, 10, 1997","venue":null,"work_id":null,"year":1997},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":49,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:58.938923Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:8e24a4d0558de951e949aca90042386cc7341dd0bbd069c5541ce7eb22490bb7","observation_id":"95e19672-c9d7-4446-b1f9-7fe22c65f3b7","resolution":{"observed_at":"2026-08-03T08:26:58.938923Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.036933Z","title":"Reinforcement learning for optimized trade execution","venue":null,"work_id":null,"year":2006},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":50,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.036933Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:b474fda7b338f9ac587c5e77f3e053b8c67dd6ab81200f66243522cbcfa0b894","observation_id":"9157b43e-c8c8-4b76-a7ed-0f32569e97c2","resolution":{"observed_at":"2026-08-03T08:26:59.036933Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.089339Z","title":"Double deep Q-learning for optimal execution.Applied Mathematical Finance, 28(4):361–380, 2021","venue":null,"work_id":null,"year":2021},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":51,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.089339Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:e4809bf25572304c85ac64621ee9bb42fd831df6004d82eb1e0a93f03baf6a2c","observation_id":"fa7da698-58b7-4e35-949d-9dafff704e76","resolution":{"observed_at":"2026-08-03T08:26:59.089339Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.200952Z","title":"Optimal auction duration: A price formation viewpoint.Operations Research, 69(6):1734–1745, 2021","venue":null,"work_id":null,"year":2021},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":52,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.200952Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:89a23e2f46a7555dc0b76c15f2bdfcec93756b2c936862f9c6d065613496cf8b","observation_id":"050d174b-509e-4175-b1c7-db9a24d060b9","resolution":{"observed_at":"2026-08-03T08:26:59.200952Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.300080Z","title":"John Wiley & Sons, 2014","venue":null,"work_id":null,"year":2014},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":53,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.300080Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:69ecd06f9ee9b5005bf61361171c2cb2d3b626e8624aa701e8fc53fed79202eb","observation_id":"3a63a3cf-e7fb-4a57-aea0-95cd22b48bfc","resolution":{"observed_at":"2026-08-03T08:26:59.300080Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.412703Z","title":"The growing importance of the closing auction in share trading volumes","venue":null,"work_id":null,"year":2020},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":54,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.412703Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:fbf36bfe924988d0e276ba42304c58425cdc53af15963b3f5515478cd2f11eee","observation_id":"1a48a694-0b85-43f2-abf3-202321c22236","resolution":{"observed_at":"2026-08-03T08:26:59.412703Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.489688Z","title":"On the discrete-time simulation of the rough heston model.SIAM Journal on Financial Mathematics, 14(1):223–249, 2023","venue":null,"work_id":null,"year":2023},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":55,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.489688Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:77f3f101856b0f43dd7068c6af1105354f4f2d48646db7c3e63f7b343814af40","observation_id":"c208ede0-b15c-4020-a643-2fbc8d4e1f5b","resolution":{"observed_at":"2026-08-03T08:26:59.489688Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.560050Z","title":"Neural fitted Q iteration–first experiences with a data efficient neural reinforcement learning method","venue":null,"work_id":null,"year":null},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":56,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.560050Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:43a97a58a4628d02df3407c279e07656daa597a537df0b9ab990fb949713822e","observation_id":"72a946b4-1838-4268-a899-3400de2f5892","resolution":{"observed_at":"2026-08-03T08:26:59.560050Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.699852Z","title":"Equity auction dynamics: latent liquidity models with activity acceleration.Quantitative Finance, 24(10):1381–1398, 2024","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":57,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.699852Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:3ac4fa0e4c5c1932f61e70f91c7ad44ea103756a3d4f632399f3b6fbe0e0dcb3","observation_id":"6b7e2c56-df5c-41fd-8a5f-32695091eaae","resolution":{"observed_at":"2026-08-03T08:26:59.699852Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.775571Z","title":"Deep learning for limit order books.Quantitative Finance, 19(4):549– 570, 2019","venue":null,"work_id":null,"year":2019},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":58,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.775571Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:d5bc947da853a411227c3b312412c551e92642a4a646b113f796bdb8d84a2e65","observation_id":"2bbeda37-aa54-469c-b316-38c1684b46ff","resolution":{"observed_at":"2026-08-03T08:26:59.775571Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.842205Z","title":null,"venue":null,"work_id":null,"year":null},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":59,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.842205Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:d5c7e237f363a8915b97875a9addb2af32042362918fe4e65cb6c9058df399a2","observation_id":"55db9414-d965-41de-ae44-7311b03aae2b","resolution":{"observed_at":"2026-08-03T08:26:59.842205Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:26:59.926703Z","title":"Optimal dynamic auctions for revenue management.Management Science, 48(11):1388–1407, 2002","venue":null,"work_id":null,"year":2002},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":60,"source":"pdf_text","source_observed_at":"2026-08-03T08:26:59.926703Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:a9edabedf338f4b5fd3466a850a1d9b211481a71bbea8bf7397f3ee7fd34b947","observation_id":"2feec5b0-97f1-461f-a4be-f38603e9fbe7","resolution":{"observed_at":"2026-08-03T08:26:59.926703Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:27:00.010907Z","title":"Market making with learned beta policies","venue":null,"work_id":null,"year":2024},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":61,"source":"pdf_text","source_observed_at":"2026-08-03T08:27:00.010907Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:e07f14f9dc2a54324810a517065995498782950f20796ce565037edc7d564a18","observation_id":"1e4dbcdc-faf3-4227-a2e8-e546946d3517","resolution":{"observed_at":"2026-08-03T08:27:00.010907Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}},{"citation":{"cited_paper":null,"cited_work":{"arxiv_id":null,"doi":null,"metadata_source":null,"pith_arxiv_id":null,"snapshot_observed_at":"2026-08-03T08:27:00.136392Z","title":"Q-learning.Machine learning, 8(3):279–292, 1992","venue":null,"work_id":null,"year":1992},"citing_paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions","version":2},"reference_index":62,"source":"pdf_text","source_observed_at":"2026-08-03T08:27:00.136392Z"},"links":{"citing_paper":"/paper/2601.17247"},"observation_digest":"sha256:059d832b4602cf4765215525b48b88d322870643f7d13d9835da6e9d3cc351f1","observation_id":"79ea303a-06ec-4176-87ac-50956edeb124","resolution":{"observed_at":"2026-08-03T08:27:00.136392Z","resolver_source":null,"status":"unresolved"},"standing_notice":{"events":[],"reason":"canonical_work_link_unavailable","source_receipts":[],"state":"unavailable"}}],"paper":{"arxiv_id":"2601.17247","last_updated":"2026-07-30T17:43:34Z","latest_version":2,"primary_category":"q-fin.TR","snapshot_observed_at":"2026-08-07T17:21:34.039803Z","submitted_at":"2026-01-24T00:50:35Z","title":"Learning Market Making with Closing Auctions"},"reference_resolution":{"displayed":62,"state_counts":{"malformed_identifier":0,"metadata_mismatch":0,"parse_uncertain":0,"unresolved":62,"verified_exact":0,"verified_fuzzy":0},"total_outbound_references":62},"refusal":"A citation records a reference. It does not transfer a finding from one paper to another.","schema":"pith.paper-citation-record.v1","standing_sources":[{"observed_at":"2026-08-09T06:31:02.800959+00:00","source":"crossref"},{"observed_at":"2026-08-09T06:30:57.326959+00:00","source":"retraction_watch"}],"thesis":"As of 9 August 2026, this Paper Citation Record lists 62 of 62 outbound references and 1 inbound Pith citation observation for arXiv:2601.17247."}