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spb/wp27_uqo

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1\begin{tabular}{lrrr}2\toprule3Outcome & 5\% & 25\% & 50\% \\4\midrule5Sq. log pricing error ($\times 10^{4}$) & 0.66 & 0.55 & 0.47 \\6Mean $|P/V-1|$ (\%) & 0.54 & 0.48 & 0.43 \\7Time to absorb (ticks) & 21.67 & 27.00 & 21.33 \\8Quoted spread (bp) & 17.93 & 11.58 & 7.76 \\9Price impact (bp/100 lots) & 10.34 & 8.08 & 6.68 \\10Bubble episodes & 0.00 & 0.00 & 0.00 \\11Max drawdown & 0.03 & 0.02 & 0.02 \\12Vol. clustering $\sum_{1}^{10}\mathrm{ACF}|r|$ & 2.79 & 2.34 & 3.19 \\13LLM order-flow corr. & 0.38 & 0.41 & 0.35 \\14LLM valid-decision rate & 0.92 & 0.96 & 0.97 \\15\midrule16Realized share of traders & 0.050 & 0.250 & 0.500 \\17Realized share of orders & 0.008 & 0.046 & 0.106 \\18Realized share of volume & 0.052 & 0.253 & 0.446 \\19API cost per run (USD) & 0.088 & 0.436 & 0.888 \\20\midrule21Seeds per cell & 3 & & \\22\bottomrule23\end{tabular}
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