{"id":18868,"date":"2026-05-03T21:56:06","date_gmt":"2026-05-03T21:56:06","guid":{"rendered":"https:\/\/finteqc.ca\/?post_type=finteqc_paper&#038;p=18868"},"modified":"2026-05-03T21:57:36","modified_gmt":"2026-05-03T21:57:36","slug":"15969","status":"publish","type":"finteqc_paper","link":"https:\/\/finteqc.ca\/index.php\/papers\/15969\/","title":{"rendered":"Zeequent Batch Auctions: Providing Transparency and Fairness with Zero Knowledge Proofs"},"content":{"rendered":"<p>Frequent batch auctions (FBAs) have been proposed as an alternative to traditional limit order books for trading securities. The motivation is to mitigate the predatory advantages of high-frequency traders (HFTs). With FBAs, a double-sided auction is held over a short interval (e.g., 1 second). All marketable orders submitted during the time window are executed at the same price, and arrival time is not a factor. FBAs are significantly less transparent than continuous-time orderbooks and rely on fully trusted specialists or exchanges to execute orders at the fairest price. In this research, we apply the cryptographic concept of zero-knowledge proofs (ZKPs) to develop a zk-FBA which enables the specialist to prove trades are executed fairly without revealing any of the orders directly. Our zk-FBA is implemented using modern ZKP techniques: as a custom zk-SNARK. (Full 5-page paper will be uploaded soon)<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-18868","finteqc_paper","type-finteqc_paper","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/finteqc_paper\/18868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/finteqc_paper"}],"about":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/types\/finteqc_paper"}],"wp:attachment":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}