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Large Language Models (LLMs) have been employed in financial decision making, enhancing analytical capabilities for investment strategies. Traditional investment strategies often utilize quantitative models, fundamental analysis, and…

综合金融 · 定量金融 2025-07-04 Sedigheh Mahdavi , Jiating , Chen , Pradeep Kumar Joshi , Lina Huertas Guativa , Upmanyu Singh

The remarkable achievements and rapid advancements of Large Language Models (LLMs) such as ChatGPT and GPT-4 have showcased their immense potential in quantitative investment. Traders can effectively leverage these LLMs to analyze financial…

计算与语言 · 计算机科学 2023-10-11 Yujie Ding , Shuai Jia , Tianyi Ma , Bingcheng Mao , Xiuze Zhou , Liuliu Li , Dongming Han

This paper investigates whether large language models (LLMs) can improve cross-sectional momentum strategies by extracting predictive signals from firm-specific news. We combine daily U.S. equity returns for S&P 500 constituents with…

投资组合管理 · 定量金融 2025-10-31 Nikolas Anic , Andrea Barbon , Ralf Seiz , Carlo Zarattini

Sentiment analysis is a vital tool for uncovering insights from financial articles, news, and social media, shaping our understanding of market movements. Despite the impressive capabilities of large language models (LLMs) in financial…

计算与语言 · 计算机科学 2023-06-23 Boyu Zhang , Hongyang Yang , Xiao-Yang Liu

This paper investigates whether large language models (LLMs) can generate reliable stock market predictions. We evaluate four state-of-the-art models - ChatGPT, Gemini, DeepSeek, and Perplexity - across three prompting strategies: a naive…

交易与市场微观结构 · 定量金融 2026-04-21 Ricardo Crisostomo , Diana Mykhalyuk

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…

In recent years, Large Language Models (LLMs) like ChatGPT have seen considerable advancements and have been applied in diverse fields. Built on the Transformer architecture, these models are trained on extensive datasets, enabling them to…

This paper presents a novel study on harnessing Large Language Models' (LLMs) outstanding knowledge and reasoning abilities for explainable financial time series forecasting. The application of machine learning models to financial time…

机器学习 · 计算机科学 2023-06-21 Xinli Yu , Zheng Chen , Yuan Ling , Shujing Dong , Zongyi Liu , Yanbin Lu

Recently, large language models (LLMs) have demonstrated outstanding reasoning capabilities on mathematical and coding tasks. However, their application to financial tasks-especially the most fundamental task of stock movement…

计算与语言 · 计算机科学 2025-10-27 Xueyuan Lin , Cehao Yang , Ye Ma , Ming Li , Rongjunchen Zhang , Yang Ni , Xiaojun Wu , Chengjin Xu , Jian Guo , Hui Xiong

Large language models are reshaping quantitative investing by turning unstructured financial information into evidence-grounded signals and executable decisions. This survey synthesizes research with a focus on equity return prediction and…

投资组合管理 · 定量金融 2025-10-08 Weilong Fu

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…

证券定价 · 定量金融 2026-05-08 Olivia Zhang , Zhilin Zhang

Large Language Models (LLMs) have achieved remarkable success recently, displaying exceptional capabilities in creating understandable and organized text. These LLMs have been utilized in diverse fields, such as clinical research, where…

统计金融 · 定量金融 2025-01-17 Shuoling Liu , Gaoguo Jia , Yuhang Jiang , Liyuan Chen , Qiang Yang

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…

统计金融 · 定量金融 2024-09-16 Shengkun Wang , Taoran Ji , Linhan Wang , Yanshen Sun , Shang-Ching Liu , Amit Kumar , Chang-Tien Lu

We investigate whether large language models (LLMs) can successfully perform financial statement analysis in a way similar to a professional human analyst. We provide standardized and anonymous financial statements to GPT4 and instruct the…

统计金融 · 定量金融 2025-02-24 Alex Kim , Maximilian Muhn , Valeri Nikolaev

Recent advances in large language models (LLMs) have enabled multi-agent reasoning systems capable of collaborative decision-making. However, in financial analysis, most frameworks remain narrowly focused on either isolated single-agent…

计算工程、金融与科学 · 计算机科学 2025-10-28 Chen-Che Lu , Yun-Cheng Chou , Teng-Ruei Chen

Financial sentiment analysis is crucial for understanding the influence of news on stock prices. Recently, large language models (LLMs) have been widely adopted for this purpose due to their advanced text analysis capabilities. However,…

计算与语言 · 计算机科学 2025-06-24 Yixuan Liang , Yuncong Liu , Neng Wang , Hongyang Yang , Boyu Zhang , Christina Dan Wang

Traffic forecasting is crucial for intelligent transportation systems. It has experienced significant advancements thanks to the power of deep learning in capturing latent patterns of traffic data. However, recent deep-learning…

机器学习 · 计算机科学 2026-01-19 Xusen Guo , Qiming Zhang , Junyue Jiang , Mingxing Peng , Meixin Zhu , Hao , Yang

The rapid advancements in Large Language Models (LLMs) have unlocked transformative possibilities in natural language processing, particularly within the financial sector. Financial data is often embedded in intricate relationships across…

统计金融 · 定量金融 2026-05-21 Alejandro Lopez-Lira , Jihoon Kwon , Sangwoon Yoon , Jy-yong Sohn , Chanyeol Choi

Recent advances in large language models (LLMs) have unlocked novel opportunities for machine learning applications in the financial domain. These models have demonstrated remarkable capabilities in understanding context, processing vast…

综合金融 · 定量金融 2024-06-19 Yuqi Nie , Yaxuan Kong , Xiaowen Dong , John M. Mulvey , H. Vincent Poor , Qingsong Wen , Stefan Zohren

This study explores the innovative use of Large Language Models (LLMs) as analytical tools for interpreting complex financial regulations. The primary objective is to design effective prompts that guide LLMs in distilling verbose and…

风险管理 · 定量金融 2024-07-11 Zhiyu Cao , Zachary Feinstein
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