{"record_type":"pith_number_record","schema_url":"https://pith.science/schemas/pith-number/v1.json","pith_number":"pith:2004:FZGDXTYMFBGDWDWW4LKFPF5G57","short_pith_number":"pith:FZGDXTYM","schema_version":"1.0","canonical_sha256":"2e4c3bcf0c284c3b0ed6e2d45797a6efec12f089d973c0f05e7e9f04601587f9","source":{"kind":"arxiv","id":"cond-mat/0412411","version":1},"attestation_state":"computed","paper":{"title":"Detecting a Currency's Dominance or Dependence using Foreign Exchange Network Trees","license":"","headline":"","cross_cats":["cond-mat.dis-nn","physics.soc-ph","q-fin.ST"],"primary_cat":"cond-mat.other","authors_text":"HSBC Bank), Mark McDonald, Neil F. Johnson (Oxford University, Omer Suleman, Sam Howison, Stacy Williams","submitted_at":"2004-12-15T21:13:46Z","abstract_excerpt":"In a system containing a large number of interacting stochastic processes, there will typically be many non-zero correlation coefficients. This makes it difficult to either visualize the system's inter-dependencies, or identify its dominant elements. Such a situation arises in Foreign Exchange (FX) which is the world's biggest market. Here we develop a network analysis of these correlations using Minimum Spanning Trees (MSTs). We show that not only do the MSTs provide a meaningful representation of the global FX dynamics, but they also enable one to determine momentarily dominant and dependent"},"verification_status":{"content_addressed":true,"pith_receipt":true,"author_attested":false,"weak_author_claims":0,"strong_author_claims":0,"externally_anchored":false,"storage_verified":false,"citation_signatures":0,"replication_records":0,"graph_snapshot":true,"references_resolved":false,"formal_links_present":false},"canonical_record":{"source":{"id":"cond-mat/0412411","kind":"arxiv","version":1},"metadata":{"license":"","primary_cat":"cond-mat.other","submitted_at":"2004-12-15T21:13:46Z","cross_cats_sorted":["cond-mat.dis-nn","physics.soc-ph","q-fin.ST"],"title_canon_sha256":"9a3173c70b37888e4723e31ee87fd8749a2733acd3781ae8ef8bb1618e5758ec","abstract_canon_sha256":"af0adfce72e77b2981f7b2dfbf44bcc6cfd0bb2e8941bae38906e4836b857a29"},"schema_version":"1.0"},"receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T04:14:06.251538Z","signature_b64":"MWxWwp/D3UkKWlJ+VOoUIt41Ky+MG6Xaw/0Wjkxg2vilKAwSKvFC26Wy7x8wUWSjdebZRzjwGm11uvkaWxSxDw==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"2e4c3bcf0c284c3b0ed6e2d45797a6efec12f089d973c0f05e7e9f04601587f9","last_reissued_at":"2026-05-18T04:14:06.251017Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T04:14:06.251017Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"graph_snapshot":{"paper":{"title":"Detecting a Currency's Dominance or Dependence using Foreign Exchange Network Trees","license":"","headline":"","cross_cats":["cond-mat.dis-nn","physics.soc-ph","q-fin.ST"],"primary_cat":"cond-mat.other","authors_text":"HSBC Bank), Mark McDonald, Neil F. Johnson (Oxford University, Omer Suleman, Sam Howison, Stacy Williams","submitted_at":"2004-12-15T21:13:46Z","abstract_excerpt":"In a system containing a large number of interacting stochastic processes, there will typically be many non-zero correlation coefficients. This makes it difficult to either visualize the system's inter-dependencies, or identify its dominant elements. Such a situation arises in Foreign Exchange (FX) which is the world's biggest market. Here we develop a network analysis of these correlations using Minimum Spanning Trees (MSTs). We show that not only do the MSTs provide a meaningful representation of the global FX dynamics, but they also enable one to determine momentarily dominant and dependent"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"cond-mat/0412411","kind":"arxiv","version":1},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"aliases":[{"alias_kind":"arxiv","alias_value":"cond-mat/0412411","created_at":"2026-05-18T04:14:06.251099+00:00"},{"alias_kind":"arxiv_version","alias_value":"cond-mat/0412411v1","created_at":"2026-05-18T04:14:06.251099+00:00"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.cond-mat/0412411","created_at":"2026-05-18T04:14:06.251099+00:00"},{"alias_kind":"pith_short_12","alias_value":"FZGDXTYMFBGD","created_at":"2026-05-18T12:25:52.687210+00:00"},{"alias_kind":"pith_short_16","alias_value":"FZGDXTYMFBGDWDWW","created_at":"2026-05-18T12:25:52.687210+00:00"},{"alias_kind":"pith_short_8","alias_value":"FZGDXTYM","created_at":"2026-05-18T12:25:52.687210+00:00"}],"events":[],"event_summary":{},"paper_claims":[],"inbound_citations":{"count":0,"internal_anchor_count":0,"sample":[]},"formal_canon":{"evidence_count":0,"sample":[],"anchors":[]},"links":{"html":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57","json":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57.json","graph_json":"https://pith.science/api/pith-number/FZGDXTYMFBGDWDWW4LKFPF5G57/graph.json","events_json":"https://pith.science/api/pith-number/FZGDXTYMFBGDWDWW4LKFPF5G57/events.json","paper":"https://pith.science/paper/FZGDXTYM"},"agent_actions":{"view_html":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57","download_json":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57.json","view_paper":"https://pith.science/paper/FZGDXTYM","resolve_alias":"https://pith.science/api/pith-number/resolve?arxiv=cond-mat/0412411&json=true","fetch_graph":"https://pith.science/api/pith-number/FZGDXTYMFBGDWDWW4LKFPF5G57/graph.json","fetch_events":"https://pith.science/api/pith-number/FZGDXTYMFBGDWDWW4LKFPF5G57/events.json","actions":{"anchor_timestamp":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57/action/timestamp_anchor","attest_storage":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57/action/storage_attestation","attest_author":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57/action/author_attestation","sign_citation":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57/action/citation_signature","submit_replication":"https://pith.science/pith/FZGDXTYMFBGDWDWW4LKFPF5G57/action/replication_record"}},"created_at":"2026-05-18T04:14:06.251099+00:00","updated_at":"2026-05-18T04:14:06.251099+00:00"}