Preferential attachment is considered one of the key factors in the formation of scale-free networks. However, complete random attachment without a preferential mechanism can also generate scale-free networks in nature, such as protein interaction networks in cells. This article presents a new...

The bid–ask spread is taken as an important measure of the financial market liquidity. In this article, we study the dynamics of the spread return and the spread volatility of four liquid stocks in the Chinese stock market, including the memory effect and the multifractal nature. By...

We introduce an instantaneous and an average instantaneous cross-correlation function to detect the temporal cross-correlations between individual stocks based on the daily data of the United States and the Chinese stock markets. The memory effect of the instantaneous cross-correlations is...

Preferential attachment is considered as a fundamental mechanism that contributes to the scale-free characteristics of random networks, which include growth and non-growth networks. There exist some situations of non-growth random networks, particularly for very sparse or dense networks, where...

We propose an ideal n-depth clique network model. In this model, the original network is composed of cliques (maximal complete subgraphs) that overlap with each other. The network expands continuously by the addition of new cliques. The final diameter of the network can be set in advance,...

How trading volume responds to price return is investigated by the return–volume correlation dynamics, based on the daily data of two typical financial markets, i.e., the Chinese and the United States stock markets. Whereas the price returns being observed to be positively correlated with the...