Industry
LOBERT: Generative AI Foundation Model for Limit Order Book Messages
Linna, Eljas, Baltakys, Kestutis, Iosifidis, Alexandros, Kanniainen, Juho
Modeling the dynamics of financial Limit Order Books (LOB) at the message level is challenging due to irregular event timing, rapid regime shifts, and the reactions of high-frequency traders to visible order flow. Previous LOB models require cumbersome data representations and lack adaptability outside their original tasks, leading us to introduce LOBERT, a general-purpose encoder-only foundation model for LOB data suitable for downstream fine-tuning. LOBERT adapts the original BERT architecture for LOB data by using a novel tokenization scheme that treats complete multi-dimensional messages as single tokens while retaining continuous representations of price, volume, and time. With these methods, LOBERT achieves leading performance in tasks such as predicting mid-price movements and next messages, while reducing the required context length compared to previous methods.
DLMMPR:Deep Learning-based Measurement Matrix for Phase Retrieval
Liu, Jing, Guo, Bing, Zhu, Ren
We introduce the Deep Learning-based Measurement Matrix for Phase Retrieval (DLMMPR) algorithm, which parameterizes the measurement matrix within an end-to-end deep learning architecture. Synergistically augmented with subgradient descent and proximal mapping modules for robust recovery, DLMMPR's efficacy is decisively confirmed through comprehensive empirical validation across diverse noise regimes. Benchmarked against DeepMMSE and PrComplex, our method yields substantial gains in PSNR and SSIM, underscoring its superiority.
Regret Guarantees for Linear Contextual Stochastic Shortest Path
We define the problem of linear Contextual Stochastic Shortest Path (CSSP), where at the beginning of each episode, the learner observes an adversarially chosen context that determines the MDP through a fixed but unknown linear function. The learner's objective is to reach a designated goal state with minimal expected cumulative loss, despite having no prior knowledge of the transition dynamics, loss functions, or the mapping from context to MDP. In this work, we propose LR-CSSP, an algorithm that achieves a regret bound of $\widetilde{O}(K^{2/3} d^{2/3} |S| |A|^{1/3} B_\star^2 T_\star \log (1/ ฮด))$, where $K$ is the number of episodes, $d$ is the context dimension, $S$ and $A$ are the sets of states and actions respectively, $B_\star$ bounds the optimal cumulative loss and $T_\star$, unknown to the learner, bounds the expected time for the optimal policy to reach the goal. In the case where all costs exceed $\ell_{\min}$, LR-CSSP attains a regret of $\widetilde O(\sqrt{K \cdot d^2 |S|^3 |A| B_\star^3 \log(1/ฮด)/\ell_{\min}})$. Unlike in contextual finite-horizon MDPs, where limited knowledge primarily leads to higher losses and regret, in the CSSP setting, insufficient knowledge can also prolong episodes and may even lead to non-terminating episodes. Our analysis reveals that LR-CSSP effectively handles continuous context spaces, while ensuring all episodes terminate within a reasonable number of time steps.
Perturbing Best Responses in Zero-Sum Games
Dziwoki, Adam, Horcik, Rostislav
This paper investigates the impact of perturbations on the best-response-based algorithms approximating Nash equilib-ria in zero-sum games, namely Double Oracle and Fictitious Play. More precisely, we assume that the oracle computing the best responses perturbs the utilities before selecting the best response. We show that using such an oracle reduces the number of iterations for both algorithms. For some cases, suitable perturbations ensure the expected number of iterations is logarithmic. Although the utility perturbation is computationally demanding as it requires iterating through all pure strategies, we demonstrate that one can efficiently perturb the utilities in games where pure strategies have further inner structure.
TAdaRAG: Task Adaptive Retrieval-Augmented Generation via On-the-Fly Knowledge Graph Construction
Zhang, Jie, Tang, Bo, Shao, Wanzi, Wei, Wenqiang, Zhao, Jihao, Zhu, Jianqing, li, Zhiyu, Xi, Wen, Lin, Zehao, Xiong, Feiyu, Tan, Yanchao
Retrieval-Augmented Generation (RAG) improves large language models by retrieving external knowledge, often truncated into smaller chunks due to the input context window, which leads to information loss, resulting in response hallucinations and broken reasoning chains. Moreover, traditional RAG retrieves unstructured knowledge, introducing irrelevant details that hinder accurate reasoning. To address these issues, we propose TAdaRAG, a novel RAG framework for on-the-fly task-adaptive knowledge graph construction from external sources. Specifically, we design an intent-driven routing mechanism to a domain-specific extraction template, followed by supervised fine-tuning and a reinforcement learning-based implicit extraction mechanism, ensuring concise, coherent, and non-redundant knowledge integration. Evaluations on six public benchmarks and a real-world business benchmark (NowNewsQA) across three backbone models demonstrate that TAdaRAG outperforms existing methods across diverse domains and long-text tasks, highlighting its strong generalization and practical effectiveness.
Hierarchical Frequency-Decomposition Graph Neural Networks for Road Network Representation Learning
Ma, Jingtian, Wang, Jingyuan, U, Leong Hou
Road networks are critical infrastructures underpinning intelligent transportation systems and their related applications. Effective representation learning of road networks remains challenging due to the complex interplay between spatial structures and frequency characteristics in traffic patterns. Existing graph neural networks for modeling road networks predominantly fall into two paradigms: spatial-based methods that capture local topology but tend to over-smooth representations, and spectral-based methods that analyze global frequency components but often overlook localized variations. This spatial-spectral misalignment limits their modeling capacity for road networks exhibiting both coarse global trends and fine-grained local fluctuations. To bridge this gap, we propose HiFiNet, a novel hierarchical frequency-decomposition graph neural network that unifies spatial and spectral modeling. HiFiNet constructs a multi-level hierarchy of virtual nodes to enable localized frequency analysis, and employs a decomposition-updating-reconstruction framework with a topology-aware graph transformer to separately model and fuse low- and high-frequency signals. Theoretically justified and empirically validated on multiple real-world datasets across four downstream tasks, HiFiNet demonstrates superior performance and generalization ability in capturing effective road network representations.
BSO: Binary Spiking Online Optimization Algorithm
Liang, Yu, Yang, Yu, Wei, Wenjie, Belatreche, Ammar, Wang, Shuai, Zhang, Malu, Yang, Yang
Binary Spiking Neural Networks (BSNNs) offer promising efficiency advantages for resource-constrained computing. However, their training algorithms often require substantial memory overhead due to latent weights storage and temporal processing requirements. To address this issue, we propose Binary Spiking Online (BSO) optimization algorithm, a novel online training algorithm that significantly reduces training memory. BSO directly updates weights through flip signals under the online training framework. These signals are triggered when the product of gradient momentum and weights exceeds a threshold, eliminating the need for latent weights during training. To enhance performance, we propose T-BSO, a temporal-aware variant that leverages the inherent temporal dynamics of BSNNs by capturing gradient information across time steps for adaptive threshold adjustment. Theoretical analysis establishes convergence guarantees for both BSO and T-BSO, with formal regret bounds characterizing their convergence rates. Extensive experiments demonstrate that both BSO and T-BSO achieve superior optimization performance compared to existing training methods for BSNNs. The codes are available at https://github.com/hamings1/BSO.
SGuard-v1: Safety Guardrail for Large Language Models
Lee, JoonHo, Cho, HyeonMin, Yun, Jaewoong, Lee, Hyunjae, Lee, JunKyu, Seok, Juree
We present SGuard-v1, a lightweight safety guardrail for Large Language Models (LLMs), which comprises two specialized models to detect harmful content and screen adversarial prompts in human-AI conversational settings. The first component, ContentFilter, is trained to identify safety risks in LLM prompts and responses in accordance with the MLCommons hazard taxonomy, a comprehensive framework for trust and safety assessment of AI. The second component, JailbreakFilter, is trained with a carefully designed curriculum over integrated datasets and findings from prior work on adversarial prompting, covering 60 major attack types while mitigating false-unsafe classification. SGuard-v1 is built on the 2B-parameter Granite-3.3-2B-Instruct model that supports 12 languages. We curate approximately 1.4 million training instances from both collected and synthesized data and perform instruction tuning on the base model, distributing the curated data across the two component according to their designated functions. Through extensive evaluation on public and proprietary safety benchmarks, SGuard-v1 achieves state-of-the-art safety performance while remaining lightweight, thereby reducing deployment overhead. SGuard-v1 also improves interpretability for downstream use by providing multi-class safety predictions and their binary confidence scores. We release the SGuard-v1 under the Apache-2.0 License to enable further research and practical deployment in AI safety.
ARCHE: A Novel Task to Evaluate LLMs on Latent Reasoning Chain Extraction
Li, Pengze, Liu, Jiaqi, Yu, Junchi, Liu, Lihao, Ding, Mingyu, Ouyang, Wanli, Tang, Shixiang, Chen, Xi
Large language models (LLMs) are increasingly used in scientific domains. While they can produce reasoning-like content via methods such as chain-of-thought prompting, these outputs are typically unstructured and informal, obscuring whether models truly understand the fundamental reasoning paradigms that underpin scientific inference. To address this, we introduce a novel task named Latent Reasoning Chain Extraction (ARCHE), in which models must decompose complex reasoning arguments into combinations of standard reasoning paradigms in the form of a Reasoning Logic Tree (RLT). In RLT, all reasoning steps are explicitly categorized as one of three variants of Peirce's fundamental inference modes: deduction, induction, or abduction. To facilitate this task, we release ARCHE Bench, a new benchmark derived from 70 Nature Communications articles, including more than 1,900 references and 38,000 viewpoints. We propose two logic-aware evaluation metrics: Entity Coverage (EC) for content completeness and Reasoning Edge Accuracy (REA) for step-by-step logical validity. Evaluations on 10 leading LLMs on ARCHE Bench reveal that models exhibit a trade-off between REA and EC, and none are yet able to extract a complete and standard reasoning chain. These findings highlight a substantial gap between the abilities of current reasoning models and the rigor required for scientific argumentation.
One Request, Multiple Experts: LLM Orchestrates Domain Specific Models via Adaptive Task Routing
Yang, Xu, Lin, Chenhui, Liu, Haotian, Wang, Qi, Yang, Yue, Wu, Wenchuan
With the integration of massive distributed energy resources and the widespread participation of novel market entities, the operation of active distribution networks (ADNs) is progressively evolving into a complex multi-scenario, multi-objective problem. Although expert engineers have developed numerous domain specific models (DSMs) to address distinct technical problems, mastering, integrating, and orchestrating these heterogeneous DSMs still entail considerable overhead for ADN operators. Therefore, an intelligent approach is urgently required to unify these DSMs and enable efficient coordination. To address this challenge, this paper proposes the ADN-Agent architecture, which leverages a general large language model (LLM) to coordinate multiple DSMs, enabling adaptive intent recognition, task decomposition, and DSM invocation. Within the ADN-Agent, we design a novel communication mechanism that provides a unified and flexible interface for diverse heterogeneous DSMs. Finally, for some language-intensive subtasks, we propose an automated training pipeline for fine-tuning small language models, thereby effectively enhancing the overall problem-solving capability of the system. Comprehensive comparisons and ablation experiments validate the efficacy of the proposed method and demonstrate that the ADN-Agent architecture outperforms existing LLM application paradigms.