3. Hackathon motivation

  • Performing trade entry reliably requires attention to detail and highly specialized knowledge

    • Trader and quant jargon

    • Conventions and defaults

    • Interaction between different parameters

  • Well-known LLM limitations such as variability of response from one call to the next and hallucinations are additional challenges

  • Unlike Python coding assistance and business document writing, optimizing LLMs for this task was not a priority for the foundation model developers (OpenAI, Meta, Anthropic, Google)

  • This is why the quant community has the best chance of developing a reliable solution to trade entry for what-if analysis

  • The goal of this hackathon is to advance the state of the art in LLM-based trade entry, with focus on achieving near 100% reliability across a wide range of trade definition formats