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Large Language Models (LLMs), such as ChatGPT, LLaMA, GLM, and PaLM, have exhibited remarkable performances across various tasks in recent years. However, LLMs face two main challenges in real-world applications. One challenge is that…

Machine Learning · Computer Science 2023-10-17 Tao Fan , Yan Kang , Guoqiang Ma , Weijing Chen , Wenbin Wei , Lixin Fan , Qiang Yang

Even though large language models are becoming increasingly capable, it is still unreasonable to expect them to excel at tasks that are under-represented on the Internet. Leveraging LLMs for specialized applications, particularly in niche…

Machine Learning · Computer Science 2025-08-18 Brendan R. Hogan , Will Brown , Adel Boyarsky , Anderson Schneider , Yuriy Nevmyvaka

Large Language Models (LLMs), such as the LLaMA model, have demonstrated their effectiveness in various general-domain natural language processing (NLP) tasks. Nevertheless, LLMs have not yet performed optimally in biomedical domain tasks…

Computation and Language · Computer Science 2023-04-17 Haochun Wang , Chi Liu , Nuwa Xi , Zewen Qiang , Sendong Zhao , Bing Qin , Ting Liu

LLMs have transformed NLP and shown promise in various fields, yet their potential in finance is underexplored due to a lack of comprehensive evaluation benchmarks, the rapid development of LLMs, and the complexity of financial tasks. In…

Numeral systems and units of measurement are two conjoined topics in activities of human beings and have mutual effects with the languages expressing them. Currently, the evaluation of Large Language Models (LLMs) often involves…

Computation and Language · Computer Science 2024-06-06 Ancheng Xu , Minghuan Tan , Lei Wang , Min Yang , Ruifeng Xu

In response to Task II of the FinRL Challenge at ACM ICAIF 2024, this study proposes a novel prompt framework for fine-tuning large language models (LLM) with Reinforcement Learning from Market Feedback (RLMF). Our framework incorporates…

Trading and Market Microstructure · Quantitative Finance 2025-02-05 Arnav Grover

We investigate the application of large language models (LLMs) to construct credit networks from firms' textual financial statements and to analyze the resulting network structures. We start with using LLMs to translate each firm's…

Multiagent Systems · Computer Science 2025-11-04 Enbo Sun , Yongzhao Wang , Hao Zhou

Financial sentiment has become a crucial yet complex concept in finance, increasingly used in market forecasting and investment strategies. Despite its growing importance, there remains a need to define and understand what financial…

Statistical Finance · Quantitative Finance 2025-04-07 Kemal Kirtac , Guido Germano

The integration of Artificial Intelligence (AI) techniques, particularly large language models (LLMs), in finance has garnered increasing academic attention. Despite progress, existing studies predominantly focus on tasks like financial…

Large Language Models (LLMs) are increasingly adopted in financial analysis for interpreting complex market data and trends. However, their use is challenged by intrinsic biases (e.g., risk-preference bias) and a superficial understanding…

Computation and Language · Computer Science 2024-07-02 Yuhang Zhou , Yuchen Ni , Yunhui Gan , Zhangyue Yin , Xiang Liu , Jian Zhang , Sen Liu , Xipeng Qiu , Guangnan Ye , Hongfeng Chai

FinanceQA is a testing suite that evaluates LLMs' performance on complex numerical financial analysis tasks that mirror real-world investment work. Despite recent advances, current LLMs fail to meet the strict accuracy requirements of…

Machine Learning · Computer Science 2025-01-31 Spencer Mateega , Carlos Georgescu , Danny Tang

Classifiers are an important and defining feature of the Chinese language, and their correct prediction is key to numerous educational applications. Yet, whether the most popular Large Language Models (LLMs) possess proper knowledge the…

Computation and Language · Computer Science 2025-11-04 Ziqi Zhang , Jianfei Ma , Emmanuele Chersoni , Jieshun You , Zhaoxin Feng

Large Language Models (LLMs) exhibit considerable promise in financial applications; however, prevailing models frequently demonstrate limitations when confronted with scenarios that necessitate sophisticated reasoning capabilities,…

Computation and Language · Computer Science 2025-07-29 Yanjun Zheng , Xiyang Du , Longfei Liao , Xiaoke Zhao , Zhaowen Zhou , Jingze Song , Bo Zhang , Jiawei Liu , Xiang Qi , Zhe Li , Zhiqiang Zhang , Wei Wang , Peng Zhang

The stock price prediction task holds a significant role in the financial domain and has been studied for a long time. Recently, large language models (LLMs) have brought new ways to improve these predictions. While recent financial large…

Statistical Finance · Quantitative Finance 2024-09-16 Shengkun Wang , Taoran Ji , Linhan Wang , Yanshen Sun , Shang-Ching Liu , Amit Kumar , Chang-Tien Lu

Large Language Models (LLMs) have shown promise in highly-specialized domains, however challenges are still present in aspects of accuracy and costs. These limitations restrict the usage of existing models in domain-specific tasks. While…

Computation and Language · Computer Science 2024-10-30 Iftach Arbel , Yehonathan Refael , Ofir Lindenbaum

The advancements in the Large Language Model (LLM) have helped in solving several problems related to language processing. Most of the researches have focused on the English language only, because of its popularity and abundance on the…

Computation and Language · Computer Science 2024-12-31 Sanjay Chouhan , Shubha Brata Nath , Aparajita Dutta

In the modern financial sector, the exponential growth of data has made efficient and accurate financial data analysis increasingly crucial. Traditional methods, such as statistical analysis and rule-based systems, often struggle to process…

Statistical Finance · Quantitative Finance 2025-04-10 Jingru Wang , Wen Ding , Xiaotong Zhu

Large language models (LLMs) have demonstrated remarkable capabilities, but their success heavily relies on the quality of pretraining corpora. For Chinese LLMs, the scarcity of high-quality Chinese datasets presents a significant…

Computation and Language · Computer Science 2025-01-15 Yijiong Yu , Ziyun Dai , Zekun Wang , Wei Wang , Ran Chen , Ji Pei

Financial Large Language Models (FinLLMs), such as open FinGPT and proprietary BloombergGPT, have demonstrated great potential in select areas of financial services. Beyond this earlier language-centric approach, Multimodal Financial…

Computational Engineering, Finance, and Science · Computer Science 2025-07-15 Xiao-Yang Liu Yanglet , Yupeng Cao , Li Deng

While pre-trained language models (LMs) have brought great improvements in many NLP tasks, there is increasing attention to explore capabilities of LMs and interpret their predictions. However, existing works usually focus only on a certain…

Computation and Language · Computer Science 2022-07-29 Yaozong Shen , Lijie Wang , Ying Chen , Xinyan Xiao , Jing Liu , Hua Wu