Paper 2024/461
Atlas-X Equity Financing: Unlocking New Methods to Securely Obfuscate Axe Inventory Data Based on Differential Privacy
Abstract
Banks publish daily a list of available securities/assets (axe list) to selected clients to help them effectively locate Long (buy) or Short (sell) trades at reduced financing rates. This reduces costs for the bank, as the list aggregates the bank's internal firm inventory per asset for all clients of long as well as short trades. However, this is somewhat problematic: (1) the bank's inventory is revealed; (2) trades of clients who contribute to the aggregated list, particularly those deemed large, are revealed to other clients. Clients conducting sizable trades with the bank and possessing a portion of the aggregated asset exceeding
Metadata
- Available format(s)
-
PDF
- Category
- Applications
- Publication info
- Published elsewhere. AAMAS 2024
- Keywords
- Differential privacyTime-series dataMarketsprivacy under continuous observation
- Contact author(s)
-
antigonipoly @ gmail com
gabriele cipriani @ jpmorgan com
richard hua @ jpmorgan com - History
- 2024-03-22: approved
- 2024-03-19: received
- See all versions
- Short URL
- https://ia.cr/2024/461
- License
-
CC BY
BibTeX
@misc{cryptoeprint:2024/461, author = {Antigoni Polychroniadou and Gabriele Cipriani and Richard Hua and Tucker Balch}, title = {Atlas-X Equity Financing: Unlocking New Methods to Securely Obfuscate Axe Inventory Data Based on Differential Privacy}, howpublished = {Cryptology {ePrint} Archive, Paper 2024/461}, year = {2024}, url = {https://eprint.iacr.org/2024/461} }