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Quantitative Finance

Alpha-GPT: Human-AI Interactive Alpha Mining for Quantitative Investment

Saizhuo Wang, Hang Yuan, Leon Zhou, Lionel M. Ni, Heung-Yeung Shum, Jian Guo · 2023

What this means for traders

Combining human domain knowledge with LLM creativity produces better alpha signals than either approach alone.

Abstract

Introduces a new alpha mining paradigm by introducing human-AI interaction and a novel prompt engineering algorithmic framework leveraging large language models. Alpha-GPT provides a heuristic way to understand quant researchers' ideas and outputs creative, insightful, and effective alphas.

Alpha MiningHuman-AI InteractionQuantitative FinancePrompt Engineering
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