Salvato in:
Dettagli Bibliografici
Autori principali: Ding, Qianggang, Shi, Haochen, Guo, Jiadong, Liu, Bang
Natura: Preprint
Pubblicazione: 2024
Soggetti:
Accesso online:https://arxiv.org/abs/2411.00782
Tags: Aggiungi Tag
Nessun Tag, puoi essere il primo ad aggiungerne!!
_version_ 1866916733907894272
author Ding, Qianggang
Shi, Haochen
Guo, Jiadong
Liu, Bang
author_facet Ding, Qianggang
Shi, Haochen
Guo, Jiadong
Liu, Bang
contents The integration of Artificial Intelligence (AI) in the financial domain has opened new avenues for quantitative trading, particularly through the use of Large Language Models (LLMs). However, the challenge of effectively synthesizing insights from diverse data sources and integrating both structured and unstructured data persists. This paper presents TradeExpert, a novel framework that employs a mix of experts (MoE) approach, using four specialized LLMs, each analyzing distinct sources of financial data, including news articles, market data, alpha factors, and fundamental data. The insights of these expert LLMs are further synthesized by a General Expert LLM to make a final prediction or decision. With specific prompts, TradeExpert can be switched between the prediction mode and the ranking mode for stock movement prediction and quantitative stock trading, respectively. In addition to existing benchmarks, we also release a large-scale financial dataset to comprehensively evaluate TradeExpert's effectiveness. Our experimental results demonstrate TradeExpert's superior performance across all trading scenarios.
format Preprint
id arxiv_https___arxiv_org_abs_2411_00782
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle TradExpert: Revolutionizing Trading with Mixture of Expert LLMs
Ding, Qianggang
Shi, Haochen
Guo, Jiadong
Liu, Bang
Artificial Intelligence
Statistical Finance
The integration of Artificial Intelligence (AI) in the financial domain has opened new avenues for quantitative trading, particularly through the use of Large Language Models (LLMs). However, the challenge of effectively synthesizing insights from diverse data sources and integrating both structured and unstructured data persists. This paper presents TradeExpert, a novel framework that employs a mix of experts (MoE) approach, using four specialized LLMs, each analyzing distinct sources of financial data, including news articles, market data, alpha factors, and fundamental data. The insights of these expert LLMs are further synthesized by a General Expert LLM to make a final prediction or decision. With specific prompts, TradeExpert can be switched between the prediction mode and the ranking mode for stock movement prediction and quantitative stock trading, respectively. In addition to existing benchmarks, we also release a large-scale financial dataset to comprehensively evaluate TradeExpert's effectiveness. Our experimental results demonstrate TradeExpert's superior performance across all trading scenarios.
title TradExpert: Revolutionizing Trading with Mixture of Expert LLMs
topic Artificial Intelligence
Statistical Finance
url https://arxiv.org/abs/2411.00782