3 papers
q-fin.CP2026
M3: A State-Event Generative Foundation Model for Market Microstructure Dynamics
Yanzhi Zhang, Yu Ma, Yilin Cheng +2
Market microstructure simulation aims to model how liquidity, prices, and order flow evolve in electronic financial markets. Since market data reveal only one realized trajectory,…
cs.AI2025
Navigating the Alpha Jungle: An LLM-Powered MCTS Framework for Formulaic Factor Mining
Yu Shi, Yitong Duan, Jian Li
Alpha factor mining is pivotal in quantitative investment for identifying predictive signals from complex financial data. While traditional formulaic alpha mining relies on human e…
q-fin.ST2025
FactorGCL: A Hypergraph-Based Factor Model with Temporal Residual Contrastive Learning for Stock Returns Prediction
Yitong Duan, Weiran Wang, Jian Li
As a fundamental method in economics and finance, the factor model has been extensively utilized in quantitative investment. In recent years, there has been a paradigm shift from t…