Can Large Language Models Effectively Process and Execute Financial Trading Instructions?

Autor: Kang, Yu, Wang, Ge, Yang, Xin, Wang, Yuda, Liu, Mingwen
Rok vydání: 2024
Předmět:
Druh dokumentu: Working Paper
Popis: The development of Large Language Models (LLMs) has created transformative opportunities for the financial industry, especially in the area of financial trading. However, how to integrate LLMs with trading systems has become a challenge. To address this problem, we propose an intelligent trade order recognition pipeline that enables the conversion of trade orders into a standard format in trade execution. The system improves the ability of human traders to interact with trading platforms while addressing the problem of misinformation acquisition in trade execution. In addition, we have created a trade order dataset of 500 pieces of data to simulate real-world trading scenarios. Moreover, we designed several metrics to provide a comprehensive assessment of dataset reliability and the generative power of big models in finance by experimenting with five state-of-the-art LLMs on our dataset. The results indicate that while LLMs demonstrate high generation rates (87.50% to 98.33%) and perfect follow-up rates, they face significant challenges in accuracy (5% to 10%) and completeness, with high missing rates (14.29% to 67.29%). In addition, LLMs tend to over-interrogate, suggesting that large models tend to collect more information, carrying certain challenges for information security.
Databáze: arXiv