According to some, the information embedded in text such as news, transcripts, filings, and social media is responsible for the majority of large asset price moves.
Large language models (LLMs) process and find value in such text with tremendous skill, and time-series LLMs hold new promise for quants.
Join MarketPsych on Thursday, July 25th for an insightful discussion as we survey the transformative power of large language models in systematic investing. In this 45-minute session, Richard Peterson and Anthony Luciani will discuss the use of LLMs in systematic investing, including document preparation, how LLM tools pull unique market-moving insights out of documents, and how sentiment and thematic analytics drive systematic returns.
Additionally, they'll cover the latest academic research and MarketPsych's live predictive model. Attendees will learn how large language models are revolutionizing the production of analytics, the discovery of alpha, and the management of risk in financial markets, with practical takeaways that can be applied to their own investment strategies.
Event info
Date Recorded: Thursday, July 25, 2024
Duration: 60 minutes
Location: Virtual
Dr. Richard Peterson, Chairman, MarketPsych Data
Richard Peterson founded MarketPsych Data which produces sentiment and thematic analytics on financial text including news, social media, transcripts, and more. MarketPsych’s data is consumed by the world’s largest hedge funds, banks, and governments. Dr. Peterson is the author of "Inside the Investor's Brain" (Wiley, 2007) and "Trading on Sentiment" (Wiley, 2016). He trained as a psychiatrist, is an award-winning financial writer, and serves as an associate editor of the Journal of Behavioral Finance.
Anthony Luciani, Senior Quantitative Researcher, MarketPsych Data
With a Master's in Mathematics at the University of Leicester, Anthony adheres to strict data science principles in order to construct and validate sentiment-based signals and relative value models, primarily within the equities space. Additionally, Anthony used closed and open-source LLMs to build financial products including an AI-summarized real-time newsfeed.