Fayçal Drissi

Fayçal Drissi

Postdoctoral Researcher at University of Oxford

Finance

Publications
  • Álvaro Cartea, Fayçal Drissi, Marcello Monga (2025). Decentralised finance and automated market making: Execution and speculation. Journal of Economic Dynamics and Control.
Working papers
  • Agostino Capponi, Álvaro Cartea, Fayçal Drissi (2025). The Viability of Blockchain Markets under Discrete Clearing and Paid Priority. link
    Presented at / Accepted at:
    • NBER Summer Institute 2026, Financial Market Structure, Cambridge, MA
    • 6th Annual CBER Conference, New York, 2026
    • 41st Meeting of the European Economic Association and the 77th European Meeting of the Econometric Society (EEA-ESEM 2026)
  • Fayçal Drissi, Zachary Feinstein, Basil Williams (2026). Liquid Staking and the Limits of Policy. link
    Presented at / Accepted at:
    • CBER Crafting the Cryptoeconomy Conference, Columbia University, 2025
    • Designing DeFi Conference, Columbia Business School, New York, 2026

Operations Research and Financial Engineering

Publications
  • Álvaro Cartea, Fayçal Drissi, Leandro Sánchez-Betancourt, David Siska, Lukasz Szpruch (2026). Strategic bonding curves in automated market makers. Minor revision - Mathematics of Operations Research. link
  • Álvaro Cartea, Fayçal Drissi, Marcello Monga (2024). Decentralised finance and automated market making: Predictable loss and optimal liquidity provision. SIAM Journal on Financial Mathematics. link
  • Álvaro Cartea, Fayçal Drissi, Marcello Monga (2023). Predictable losses of liquidity provision in constant function markets and concentrated liquidity markets. Applied Mathematical Finance. link code
  • Fayçal Drissi (2022). Solvability of differential Riccati equations and applications to algorithmic trading with signals. Applied Mathematical Finance link
  • Philippe Bergault, Fayçal Drissi, Guéant O. (2022). Multi-asset Optimal Execution and Statistical Arbitrage Strategies under Ornstein-Uhlenbeck Dynamics. SIAM Journal on Financial Mathematics. link
Working papers
  • Alif Aqsha, Fayçal Drissi, Leandro Sánchez-Betancourt (2024). Strategic learning and trading in broker-mediated markets. link
  • Fayçal Drissi, Jaimungal S., Xuchen Wu(2025). Equilibrium Liquidity and Risk Offsetting in Decentralised Markets link

Machine Learning

  • Álvaro Cartea, Fayçal Drissi, Gianluca Palmari (2024). Multi-Task Gaussian Process Bandits for Regime-Switching in Optimal Execution. R&R SIAM Journal on Financial Mathematics. link code
  • Harrison Waldon, Fayçal Drissi, Yannick Limmer, Uljad Berdica, Jakob Foerster, Álvaro Cartea DARE: The Deep Adaptive Regulator for Control of Uncertain Continuous-Time Systems. 2024. ICML 2024 Workshop: Foundations of Reinforcement Learning and Control--Connections and Perspectives link
  • Álvaro Cartea, Fayçal Drissi, Marcello Monga Execution and statistical arbitrage with signals in multiple automated market makers. 2023. IEEE 43rd International Conference on Distributed Computing Systems. link