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A. Bandyopadhyay

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Preprint Oct 2026

Shared Models, Selective Trading, and Order Flow

We study whether model diversity survives selection into trading. In synthetic markets with a fixed mixture of three language-model families, news presentation changes their representation among submitted orders. At the announcement round, Qwen's share of submitted orders shifts by 48 percentage points in the financing...

Victoria R. Li, A. Bandyopadhyay · 0 citations

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