What Do Foundation Models for Market Microstructure Learn? A Controlled Study with Synthetic Limit Order Books

arXiv:2610.20104 · cs.LG · Submitted 2026-10-14 · Read on arXiv

cs.LG

Submitted: 2026-10-14

Updated: 2026-10-14

Terminology

• Foundation Model — 1× in this paper · explained in 3 episodes
• Foundation Models — 1× in this paper · explained in 7 episodes

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