bluuebunny/crossref_metadata_2025_split huggingface dataset:
Regulations and Technology Behind HFT Latency, Batch Auctions and Payments for Order Flow in the US and EU
Authors: Martins Carlos Jorge Lenczewski 
Published: February 2019

Abstract
Since the appearance of high-frequency trading in the 1990s, speed has become one of the key issues in trading and with it, the controversy around High-Frequency Trading. In recent years, there have been many discussions and analyses of how high-frequency trading may affect the financial market – but still without any clear conclusions. Leaving these opinions behind, many adjustments have already been made in the US and Europe - both to regulations and market rules, impacting not only High-Frequency Trading but general electronic trading as well. These rules and regulations are the result of technological developments in electronic trading and more specifically, High-Frequency Trading and the practice of Payments for Order Flow. The question remains as to how deep regulations should go, especially in the case of HFT which can be severely affected by harsh regulatory requirements or procedures. Because two of the most important issues in HFT are time and information, some of the rules and regulations affect aspects such as not only what type of information and how it should be gathered, but also clock synchronisation and time-stamp granularity. Another issue that may be considered controversial in the field of HFT (although it is not a practice limited to HFT) is Payment For Order Flows. Under this mechanism, wholesale market makers pay brokers for their client’s order flow – a practice that performed in great amounts and at high speeds may give a considerable level of “inside” information. Regulations, especially from ESMA (MiFID II). try in great part to thus mitigate the practice of Payments For Order Flows.
The aim of this paper is to present technological advancements in the field of trading communications used, not only by HFT firms, but also by exchanges. Additionally, the objective is to underline some challenges regarding regulatory changes that try to adapt to the current level of technology – for example, those related to clock synchronisation and data processing. One last issue brought forward is the possibility of converting markets from continuous-time auctions to discrete-time auctions - a concept that is aimed at liquidating the speed advantage and competition only to price level and hence, eliminating HFT advantages.
Comparison of Semi-Parametric and Benchmark Value-At-Risk Models in Several Time Periods with Different Volatility Levels
Authors: Buczyński Mateusz , Chlebus Marcin 
Published: February 2019

Abstract
In the literature, there is no consensus as to which Value-at-Risk forecasting model is the best for measuring market risk in banks. In the study an analysis of Value-at-Risk forecasting model quality over varying economic stability periods for main indices from stock exchanges was conducted. The VaR forecasts from GARCH(1,1), GARCH-t(1,1), GARCH-st(1,1), QML-GARCH(1,1), CAViaR and historical simulation models in periods with contrasting volatility trends (increasing, constantly high and decreasing) for countries economically developed (the USA – S&P 500, Germany - DAX and Japan – Nikkei 225) and economically developing (China – SSE COMP, Poland – WIG20 and Turkey – XU100) were compared. The data samples used in the analysis were selected from the period 01.01.1999 – 24.03.2017. To assess the VaR forecast quality: excess ratio, Basel traffic light test, coverage tests (Kupiec test, Christoffersen test), Dynamic Quantile test, cost functions and Diebold-Marino test were used. Obtained results show that the quality of Value-at-Risk forecasts for the models varies depending on a volatility trend. However, GARCH-st (1,1) and QML-GARCH(1,1) were found to be the most robust models in the different volatility periods. The results show as well that the CAViaR model forecasts were less appropriate in the increasing volatility period. Moreover, no significant differences for the VaR forecast quality were found for the developed and developing countries.
Assessment of relationships among and within Helichrysum Mill. (Asteraceae) species by using ISSR markers and morphological traits
Authors: Azizi Narjes , Sheidai Masoud , Mozaffarian Valiollah , Arman Mitra , Noormohammadi Zahra 
Published: February 2019

Abstract
This study conducted to determine relationship among and within Iranian Helichrysum species (Asteraceae). In this study based on ISSR markers, the highest percentage of ISSR loci polymorphism (54.7%) occurred in H. armenium. The highest gene diversity over loci (1.224), Shannon’s Information Index (0.224%) and Expected Heterozygosity (0.142%) occurred in H. armenium (0.18) and the lowest of these parameters (0%) were observed in H. araxinum, H. graveolens, H. persicum and H. psychrophilum. The highest genetic similarity occurred between H. armenium and H. rubicundum (0.989), while the lowest was between H. polyphyllum and H. graveolens (0.213). The analysis of molecular variance (AMOVA), showed significant genetic variation among (24%) and within (76%) species. In morphological analysis traits such as indumentum, resting bud, achene length, achenial papillae, dimension of receptacle and form and apex of phyllaries were main diagnostic features. Results obtained from the morphological cluster were greatly consistent with the molecular data, to elucidating taxonomic relationships, as well as both attributed the higher diversity in H. armenium and H. rubicundum in comparison with other species and also indicated that H. persicum is a member of H. oocephalum species. Totally we confirmed the presence of 18 species in Iran.
Experimental Evaluation of the Effect of Water-Cement Ratio on Compressive, Abrasion Strength, Hydraulic Conductivity Coefficient and Porosity of Nano-Silica Concretes
Authors: Ghasemipor Verya , Piroti Saber 
Published: February 2019

Abstract
Dams are considered as strategic structures due to their initial role in economic system of the country, therefore, they are expected to be fully functional and powerful. Nano technology could be an effective factor of abrasion and compressive strength, porosity and hydraulic conductivity coefficient of the concrete, thus more scientific research is essential to be carried out on these types of concrete due to their quite modern and high technology. In the current study, the effects of water-cement ratio on compressive and abrasion strength, porosity and hydraulic conductivity coefficient of concrete was investigated. The constructed concrete samples with 4% Nano-silica and water-cement ratios of 0.35 to 0.55 were tested. Other design features remained fixed in all concrete samples. The compressive strength of block samples of 150×150×150 mm were assessed in terms of time lasting 7, 28 and 90 days. The abrasion strength of the identical block samples were tested after 28 days. The hydraulic conductivity coefficient of cylindrical shape samples with the diameter 150 mm and height of 300 mm were experimented after 28 days. The results of the experiments indicated that by reducing the water-cement ratio from 0.55 to 0.35, the compressive strength increased 37.13, 40.14 and 38.22% for 7, 28 and 90 days age samples respectively and abrasion strength of concrete increased 38.22% and the hydraulic conductivity coefficient (m/s) and depth of penetration (mm) of the concrete decreased from 27.76×10−15 and 2.756 to 1.5×10−15 and 0.784 respectively. In addition porosity decreased from 12.76 to 11.22%.
Using Cuttlebone Powder to Produce Green Concrete
Authors: Mirzabagheri Sara , Derhamjani Ghazaleh , Maharati Sahar , Ziaee Zeynab , Vatankhah F. , Mirzabagheri D. 
Published: February 2019

Abstract
Limestone has been commonly used in concrete for several decades. Moreover, calcium carbonate was used as a portion of cement content. Therefore cuttlebone powder, which is composed of a naturally occurring crystal form of calcium carbonate named aragonite, was used in concrete as a substitution of a portion of cement content in this research program for the first time. It led to the production of green concrete which is a type of concrete causes less harm to environment. 3, 5 and 7 percent of cement were substituted with cuttlebone powder. For this purpose, 4 concrete mix designs included 36 cubes, 4 cylinders and 4 prisms were casted. Results showed that weight of the specimens with cuttlebone powder was lower than control specimen. Moreover, by adding cuttlebone powder to concrete, slump increased. Although compressive and tensile strengths of the specimens with cuttlebone powder were lower than control specimen, but the specimen with 3% cuttlebone powder had adequate strength. Besides, three-point flexural strength of the concrete with 3% cuttlebone powder was higher than control specimen. It seems that by reducing water content of the specimen with cuttlebone powder to have similar slump to the control specimen, better performance of concrete can be achieved. So, this natural material can be used instead of a portion of cement to produce green concrete.
LOD2 Building Generation Experiences and Comparisons
Authors: Pârvu Iuliana Maria , Remondino F. , Ozdemir E. 
Published: February 2019

Abstract
The VOLTA project is a RISE Marie-Curie action designed to realize Research & Innovation (R&I) among intersectoral partners to exchange knowledge, methods and workflows in the geospatial field. To accomplish its objectives, the main R&I activities of VOLTA are divided in four interlinked Work Packages with two transversal ones responsible for knowledge transfer & training as well as dissemination of the project results. The research activities and knowledge transfer are performed with a series of secondments between partners. The consortium is composed of 13 partners from academic & research institutions, industrial partners and national mapping agencies. The Romanian National Center of Cartography is part of this research project and in this article the achievements of the secondment at Bruno Kessler Foundation in Trento (Italy) are given. The main goal of the exchange was to generate level of detail - LOD2 building models in an automated manner from photogrammetric point clouds and without any ancillary data. To benchmark existing commercial solutions for the realization of LOD2 building models, we tested Building Reconstruction. This program generates LOD2 models starting from building footprints, digital terrain model (DTM) and digital surface model (DSM). The presented work examined a research and a commercial-based approach to reconstruct LOD2 building models from point clouds. The full paper will report all technical details of the work with insight analyses and comparisons.
Jonathan Edwards and His Methodology Promoting Concern for Revival
Authors: Moga Dinu 
Published: February 2019

Abstract
In Edwards, we see the portrait of a man who knows how to merge in one vocation the ministry of a pastor and that of an evangelist. As a pastor, Edwards knew how to act soberly in supervising the flock of God. As an evangelist, he knew how to avoid any excess of emotionalism and how to focus his efforts on maintaining steadiness and stability in his care for the human souls. He saw himself under the obligation to take the message of God to all those who struggled in this life. In his mind it was clear that God chooses his servants and then commissions them to preach the gospel with passion.
Direction and Velocity of the Ball in Volleyball Spike Depending on Location on Court
Authors: Tabor Piotr , Urbanik Czesław , Mastalerz Andrzej 
Published: February 2019

Abstract

Introduction
. The aim of this study was to determine the correlations between the direction and velocity of the ball in volleyball spike. We adopted the hypothesis that the direction of an attack is dependent upon the arrangement of the pectoral girdles in the phase of flight.

Material and methods.
The research was carried out for four different types of attacks: from the left side of the court down the line (A) and in the cross-court direction (B) and from the right side in the same directions (C and D). Sixteen young volleyball players from a Sports Championship School run by the Polish Volleyball Federation were examined.

Results
. The analysis of the results showed different ball velocities in different attacks. The velocity was the lowest in attack B and the highest in attack D.

Conclusions.
The direction of attack was produced by hitting the ball in a non-central manner and by aligning the glenohumeral joints diagonally to the net.
Interval Training with Active Recovery and the Physical Capacity of Recreational Male Runners
Authors: Michalik Kamil , Glinka Szymon , Danek Natalia , Zatoń Marek 
Published: February 2019

Abstract

Introduction
. So far there have been few studies on the effect of interval training with active recovery aimed at increasing aerobic power on the physical capacity of long-distance runners. Unlike standard interval training, this particular type of interval training does not include passive rest periods but combines high-intensity training with low-intensity recovery periods. The aims of the study were to determine the effect of aerobic power training implemented in the form of interval training with active recovery on the physical capacity of amateur long-distance runners as well as to compare their results against those of a group of runners who trained in a traditional manner and only performed continuous training.

Material and methods.
The study involved 12 recreational male long-distance runners, who were randomly divided into two groups, consisting of 6 persons each. Control group C performed continuous training 3 times a week (for 90 minutes, with approximately 65-85% VO2max). Experimental group E participated in one training session similar to the one implemented in group C and additionally performed interval training with active recovery twice a week. The interval training included a 20-minute warm-up and repeated running sprints of maximum intensity lasting 3 minutes (800-1,000 m). Between sprints, there was a 12-minute bout of running with an intensity of approximately 60-70% VO2max. The time of each repetition was measured, and the first one was treated as a benchmark in a given training unit. If the duration of a subsequent repetition was 5% shorter than that of the initial repetition, the subjects underwent a 15-minute cool-down period. A progressive treadmill test was carried out before and after the 7-week training period. The results were analysed using non-parametric statistical tests.

Results
. VO2max increased significantly both in group E (p < 0.05; d = 0.86) and C (p < 0.05; d = 0.71), and there was an improvement in effort economy at submaximal intensity. Although the differences were not significant, a much greater change in the post-exercise concentrations of lactate and H+ ions was found in group E.

Conclusions.
The study showed that interval training with active recovery increased VO2max in amateur runners with higher initial physical capacity and stimulated adaptation to metabolic acidosis more than continuous training.
Changes in Placental Morphology and their Association with Embryonic Skin Development
Authors: Markovs Jurijs , Galuza Agate , Melderis Ivars , Krūmiņa Džanna , Knipše Gundega 
Published: February 2019

Abstract
Histogenesis and organogenesis in mammals normally transpires in a hypoxic environment. Oxygen diffusing capacity is dependent on diffusion distance, which may vary with the thickness of placental barrier and with the level of tissue vascularity. Since the epidermis is avascular, its development fully depends on dermal blood vessels. Despite the large number of studies focusing on uteroplacental circulation and embryogenesis, it is clear that the current knowledge of how placental changes in pregnancy contribute to skin development is incomplete. The aim of this study was to evaluate the association between structural changes in the placental barrier and development of the integumentary system, with special reference to dermal angiogenesis. The study included specimens of six embryos and ten foetuses from 5 to 24 developmental weeks, and 21 specimens of placental tissue 6–40 weeks gestational age. The panel of antibodies used was S- 100, SMA, CD31, CD34, AE1/AE3 (PCKT), CKRT7, CD 56 and hCG. During the first trimester, maternal blood flow to the placenta appears to be initially restricted by trophoblast plugs. Natural killer cells appear in great abundance in subendothelium of decidual blood vessels, potentially stimulating extensive angiogenesis. By the end of the first trimester, new capillary beds organise to supply the developing epidermal derivatives. During the second trimester, the placental barrier becomes progressively thinner, and uteroplacental circulation is established due to dissolution of endovascular trophoblast plugs. Progression of the formation of skin appendages, hypodermal adipose tissue, demarcation of papillary and reticular dermis, and keratinisation of interfollicular epidermis in the second trimester strongly accompanies the dermal angiogenesis and placental maturation.
Circumstances and autopsy findings in drownings, Department of Forensic Medicine, Aarhus University, 2006-2015
Authors: Hansen Ida Borg , Thomsen Asser Hedegård 
Published: February 2019

Abstract
The purpose of this study was to examine the demographic circumstances and the autopsy findings regarding drowning deaths autopsied at the Department of Forensic Medicine, University of Aarhus. The study is based on autopsy reports from the Department of Forensic Medicine in Aarhus, 2006-2015 with drowning as a cause of death. Among the 135 cases of the study, 87 (64.4%) were accidents versus 33 (24.4%) suicides. The study showed, that the majority of the drowned 73,3% were males, especially pronounced in the accidents (81.6% were males). In 60.7% victims, there was a positive blood alcohol analysis, most often in males. Females with positive alcohol analyses did however have the highest mean alcohol blood level (1.65 versus 1.47 per mile). The most frequent place of the submersions was docks (24.4%) and the most frequent time of day was in the evening (18.00 – 23.59; 19.3%) and at night (00.00 – 05.59; 20.0%). The study shows no significant connection between adipocere and type of water (OR=1.21, 95% CI (0.49;2.99), p=0.68), bulging lungs and type of water (OR=1.18, 95% CI (0.52;2.70), p=0.69), lung weight and type of water (z-test, p=0.38) and the amount of pleural effusion and water type (z-test, p=0.16). A significant connection between the presence of pleural effusion and type of water cannot discounted (OR=2.37, 95% CI (1.06;2.44), p=0.02).
Was There a ‘Gypsy Problem’ in Socialist Romania? From Suppressing ‘Nationalism’ to Recognition of a National Minority
Authors: Fosztó László 
Published: February 2019

Abstract
After the fall of the socialist bloc some authors celebrated the advent of Romani nationalism, emphasising its Eastern European roots and its potential force to foster emancipation among an ethnic minority oppressed for so long. There is another perspective on the community organisation among the Roma from actors who had much less sympathy towards collective claims on behalf of the ‘Gypsies’. Recently published documents from the archive of the secret police testify that Gypsy nationalism (“naționalism țigănesc”) was systematically denounced in Romania. Roma leaders suspected of being its proponents were persecuted during the late period of the Ceaușescu era. This article is an attempt to interpret a contested category in the context of late socialist Romania.
Mandibular Morphology of the Mid-Miocene Seal Devinophoca claytoni (Carnivora, Phocidae, Devinophocinae)
Authors: Rahmat S. J. , Koretsky I. A. 
Published: February 2019

Abstract
During several excavations in Slovakia at the base of the Malé Karpaty Mountains (near the junction of the Morava and Danube Rivers), two skulls and numerous mandibular, dental and postcranial bones of early mid-Miocene (16.3–12.8 Ma) seals were collected. Isolated mandibles and many individual teeth were found at this locality, with some teeth in situ corresponding morphologically with the mandible and skull of Devinophoca claytoni, and others perfectly associating to the mandible and skull of the recently described Devinophoca emryi. Based on this material, two species of the previously unknown phocid subfamily Devinophocinae Koretsky et Holec, 2002 have been described. However, the mandibular morphology of the type species Devinophoca claytoni has remained unknown. Here, we present a first description of the mandible of this species. Morphological assessments reveal that the D. claytoni mandible has posterior alveoli larger than anterior; flat mandibular body low in height; alveoli of p4 larger than m1; and a unique devinophocine combination of incisors (I3/1) that differs from those in the extant subfamilies Cystophorinae (I2/1), Monachinae (I2/2) and Phocinae (I3/2).
The Influence of Fixatives on the Validity of Histological Preparations of Olfactory Organ in Teleostei
Authors: Tytiuk O. , Stepanyuk Ya. , Yaryhin O. 
Published: February 2019

Abstract
The olfactory system of fishes plays an important role in reproduction, migration, and feeding. When studying the morphogenesis of olfactory analyzer in fishes, it is crucial to determine the exact time at which the placode, olfactory pit, and olfactory lamellae are formed. Among a large number of fixatives, 10 % formalin and Bouin’s solution are most commonly used to study the olfactory organ of Teleostei. Use of inappropriate fixative or incorrect fixation process can damage the structures under investigation and, as a result, will lead to the misinterpretation of results. The influence of the fixatives on the preservation of olfactory structures of European weather fish Misgurnus fossilis (Linnaeus, 1758) as close as possible to their living state is studied. Similar stages were fixated in Bouin’s solution as well as in 10 % formalin. Histological preparations for the light microscopy were made using the standard histological methodologies. At all analyzed stages of European weather fish development, histological preparations are more accurate, reliable, and informative aft er the fixation in Bouin’s solution. Aft er the fixation in 10 % formalin, it is impossible to determine the moment at which the olfactory pit begins to form. Because of the artifacts of olfactory epithelium appearing aft er fixation in 10 % formalin, the timing of olfactory lamellae formation could be easily misinterpreted and a comparative analysis on the morphogenesis of the olfactory analyzer becomes more complicated. Given our observations, a thorough revision of previous literature has to be performed to derive accurate evolutionary and morphological interpretations.
Elucidating the Multiple Roles of Hydration in Protein-Ligand Binding via Layerwise Relevance Propagation and Big Data Analytics
Authors: Lill Markus , Yang Ying , Mahmoud Amr , Masters Matthew 
Published: February 2019

Hydration is a key player in protein-ligand association. No computational method for modeling hydration has so far consistently improved the scoring performance of docking approaches. Using molecular dynamics on thousands of proteins in conjunction with modern deep learning approaches allowed the successful modeling of hydration during scoring of protein-ligand binding poses. This on-the-fly inclusion of hydration information resulted in unprecedented accuracy in binding pose prediction.Big-data analytics based on relevance deduced from the trained neural networkrevealed that the correct prediction of binding poses depends on three essential pillars of hydration, i.e. water-mediated interactions, desolvation, and enthalpically stable water layers around the bound ligand. The latter form of hydration may open new avenues for optimizing ligands for diverse protein targets.