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Large language models (LLMs) are increasingly deployed in quantitative finance for stock price forecasting. This review synthesizes recent applications of LLMs in this domain, including extracting sentiment from financial news and social…

Pricing of Securities · Quantitative Finance 2026-05-08 Olivia Zhang , Zhilin Zhang

Deep learning methods employ multiple processing layers to learn hierarchical representations of data and have produced state-of-the-art results in many domains. Recently, a variety of model designs and methods have blossomed in the context…

Computation and Language · Computer Science 2018-11-27 Tom Young , Devamanyu Hazarika , Soujanya Poria , Erik Cambria

Attention based Large Language Models (LLMs) are the state-of-the-art in natural language processing (NLP). The two most common architectures are encoders such as BERT, and decoders like the GPT models. Despite the success of encoder…

Machine Learning · Computer Science 2024-03-29 Isaac Roberts , Alexander Schulz , Luca Hermes , Barbara Hammer

We develop an open-source tool (EmTract) that extracts emotions from social media text tailed for financial context. To do so, we annotate ten thousand short messages from a financial social media platform (StockTwits) and combine it with…

Pricing of Securities · Quantitative Finance 2023-06-23 Domonkos F. Vamossy , Rolf Skog

Automated evaluation of open domain natural language generation (NLG) models remains a challenge and widely used metrics such as BLEU and Perplexity can be misleading in some cases. In our paper, we propose to evaluate natural language…

Computation and Language · Computer Science 2020-02-13 Wangchunshu Zhou , Ke Xu

Over the past decade, extensive research efforts have been dedicated to the extraction of information from textual process descriptions. Despite the remarkable progress witnessed in natural language processing (NLP), information extraction…

Computation and Language · Computer Science 2024-07-29 Julian Neuberger , Lars Ackermann , Han van der Aa , Stefan Jablonski

This literature review studies the field of automated process extraction, i.e., transforming textual descriptions into structured processes using Natural Language Processing (NLP). We found that Machine Learning (ML) / Deep Learning (DL)…

Computation and Language · Computer Science 2024-09-24 William Van Woensel , Soroor Motie

Recent developments in adversarial attacks on deep learning leave many mission-critical natural language processing (NLP) systems at risk of exploitation. To address the lack of computationally efficient adversarial defense methods, this…

Computation and Language · Computer Science 2024-10-17 Hao-Yuan Chang , Kang L. Wang

While sentiment analysis is the staple of financial NLP, capturing the nuances of 'why' behind that sentiment remains a challenge. There have been attempts to address this by analysing investor emotions alongside sentiment; however, this…

Computation and Language · Computer Science 2026-05-06 Gaurav Negi , Paul Buitelaar

In recent years there has been a growing demand from financial agents, especially from particular and institutional investors, for companies to report on climate-related financial risks. A vast amount of information, in text format, can be…

Computation and Language · Computer Science 2023-03-24 Eduardo C. Garrido-Merchán , Cristina González-Barthe , María Coronado Vaca

Applying deep learning and computational intelligence to finance has been a popular area of applied research, both within academia and industry, and continues to attract active attention. The inherently high volatility and non-stationary of…

Machine Learning · Computer Science 2025-03-17 Michael Charles Albada , Mojolaoluwa Joshua Sonola

The practice of fine-tuning Pre-trained Language Models (PLMs) from general or domain-specific data to a specific task with limited resources, has gained popularity within the field of natural language processing (NLP). In this work, we…

Computation and Language · Computer Science 2023-10-31 Samuel Belkadi , Lifeng Han , Yuping Wu , Goran Nenadic

We use over 350,000 Yelp reviews on 5,000 restaurants to perform an ablation study on text preprocessing techniques. We also compare the effectiveness of several machine learning and deep learning models on predicting user sentiment…

Computation and Language · Computer Science 2020-04-30 Siqi Liu

Traditional approaches to estimating beta in finance often involve rigid assumptions and fail to adequately capture beta dynamics, limiting their effectiveness in use cases like hedging. To address these limitations, we have developed a…

Statistical Finance · Quantitative Finance 2024-10-29 Yuxin Liu , Jimin Lin , Achintya Gopal

Pre-training a language model and then fine-tuning it for downstream tasks has demonstrated state-of-the-art results for various NLP tasks. Pre-training is usually independent of the downstream task, and previous works have shown that this…

Computation and Language · Computer Science 2022-11-28 Tanish Lad , Himanshu Maheshwari , Shreyas Kottukkal , Radhika Mamidi

State-of-the-art natural language processing (NLP) models are trained on massive training corpora, and report a superlative performance on evaluation datasets. This survey delves into an important attribute of these datasets: the dialect of…

Computation and Language · Computer Science 2024-12-10 Aditya Joshi , Raj Dabre , Diptesh Kanojia , Zhuang Li , Haolan Zhan , Gholamreza Haffari , Doris Dippold

Large Language Models (LLMs) have revolutionized natural language processing (NLP) by delivering state-of-the-art performance across a variety of tasks. Among these, Transformer-based models like BERT and GPT rely on pooling layers to…

Computation and Language · Computer Science 2025-02-04 Jinming Xing , Dongwen Luo , Chang Xue , Ruilin Xing

While pre-trained language models achieve impressive performance on various NLP benchmarks, they still struggle with tasks that require numerical reasoning. Recent advances in improving numerical reasoning are mostly achieved using very…

Computation and Language · Computer Science 2023-05-30 Jasivan Alex Sivakumar , Nafise Sadat Moosavi

Large Language Models (LLM) continue to demonstrate their utility in a variety of emergent capabilities in different fields. An area that could benefit from effective language understanding in cybersecurity is the analysis of log files.…

Networking and Internet Architecture · Computer Science 2023-11-27 Egil Karlsen , Xiao Luo , Nur Zincir-Heywood , Malcolm Heywood

Collecting labeled datasets in finance is challenging due to scarcity of domain experts and higher cost of employing them. While Large Language Models (LLMs) have demonstrated remarkable performance in data annotation tasks on general…

Computation and Language · Computer Science 2024-03-28 Toyin Aguda , Suchetha Siddagangappa , Elena Kochkina , Simerjot Kaur , Dongsheng Wang , Charese Smiley , Sameena Shah
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