A Survey of Large Language Models for Financial Applications: Progress, Prospects and Challenges

By Yuqi Nie, Yaxuan Kong, Xiaowen Dong, John M. Mulvey, H. Vincent Poor, Qingsong Wen, Stefan Zohren

Rating

869
Battle Count: 197

Relevance

9/10
The paper provides extensive insights into how LLMs can be applied to various aspects of quantitative trading, including sentiment analysis, market prediction, and strategy development.

Implementation Complexity

7/10
While the paper itself doesn't provide implementation details, applying LLMs to financial tasks as described can be complex due to data requirements, model fine-tuning, and domain-specific adaptations.

Reproducibility

4/5
The paper provides a comprehensive overview of existing research, making it relatively reproducible for future studies.

About this paper

Methodology: Survey. Problem types: Natural Language Processing, Time Series Forecasting, Classification, Regression, Sentiment Analysis.

The interactive Everscope explorer (charts, battles, favorites) loads below.