United States

The diffusion of financial news into market prices is a complex process, making it challenging to evaluate the connections between news events and market movements. This paper introduces FININ (Financial Interconnected News Influence Network), a novel market prediction model that captures not only the links between news and prices but also the interactions among news items themselves. FININ effectively integrates multi-modal information from both market data and news articles. We conduct extensive experiments on two datasets, encompassing the S&amp;P 500 and NASDAQ 100 indices over a 15-year period and over 2.7 million news articles. The results demonstrate FININ&#39;s effectiveness, outperforming advanced market prediction models with an improvement of 0.429 and 0.341 in the daily Sharpe ratio for the two markets respectively. Moreover, our results reveal insights into the financial news, including the delayed market pricing of news, the long memory effect of news, and the limitations of financial sentiment analysis in fully extracting predictive power from news data.

EMNLP 2024

Modeling News Interactions and Influence for Financial Market Prediction

long-tailed data

large language models

knowledge distillation

# Welcome everyone to ACL 2022!

The 60th Annual Meeting of the Association for Computational Linguistics is taking place May 22-27, 2022 as a hybrid event, in Dublin and online. We are happy to welcome all of you to this anniversary edition with an almost 50-50 in-person and virtual participation. 
The main conference program features oral presentations, in-person and virtual posters and demo sessions, a plenary session for our best paper presentations and awards, three amazing keynote events and two new initiatives of invited talks: Spotlight Talks for Young Rising Stars (STIRS) and The Next Big Idea Talks. Posters (including Findings of ACL 2022) and demos are grouped by areas for both the in-person and the virtual sessions. For the virtual component, the talks will be on Zoom and the posters and the demos will be in GatherTown. The Student Research Workshop will have an oral session and a poster session as part of Poster Session 1. The program also features eight Tutorials and 28 Workshops. 

 
We wish you a wonderful conference! 
[**The ACL 2022 Organizing Committee**](https://www.2022.aclweb.org/organisers)
 
[**Conference Handbook**](https://drive.google.com/file/d/1_BUCMfhMVrjG9E2e71aHdHeE28KSje0l/view?usp=sharing) 
[**Mini Handbook**](https://drive.google.com/file/d/1qlBKl0wzmlVF1oCeMQl3BahLd9nLP5Ce/view?usp=sharing) 
[**Posters and Demo guides**](https://drive.google.com/file/d/1UucMAoCNncIOaH1rMMDa0owuG9qgvJTG/view?usp=sharing)

ACL 2022

The Association for Computational Linguistics (ACL) is the premier international scientific and professional society for people working on computational problems involving human language, a field often referred to as either computational linguistics or natural language processing (NLP). 

The diffusion of financial news into market prices is a complex process, making it challenging to evaluate the connections between news events and market movements. This paper introduces FININ (Financial Interconnected News Influence Network), a novel market prediction model that captures not only the links between news and prices but also the interactions among news items themselves. FININ effectively integrates multi-modal information from both market data and news articles. We conduct extensive experiments on two datasets, encompassing the S&P 500 and NASDAQ 100 indices over a 15-year period and over 2.7 million news articles. The results demonstrate FININ's effectiveness, outperforming advanced market prediction models with an improvement of 0.429 and 0.341 in the daily Sharpe ratio for the two markets respectively. Moreover, our results reveal insights into the financial news, including the delayed market pricing of news, the long memory effect of news, and the limitations of financial sentiment analysis in fully extracting predictive power from news data.

poster

## Welcome to EMNLP 2024! 
We are excited to welcome you to one of the most prominent conferences in the field of Natural Language Processing. This year, EMNLP 2024 is being held in a hybrid format,
offering both virtual and in-person participation in beautiful Miami. Due to a record-breaking number of submissions, we've expanded the total number of accepted papers to accommodate more cutting-edge research from around the globe.
### [Conference Handbook](https://drive.google.com/file/d/1WPROgxjLAC96AJL7Ugy0tEnYm7dkrbHt/view?usp=sharing)

You are required to register for this event. **Please register [here](https://2024.emnlp.org/registration/).** The EMNLP 2024 event page on Underline will be open to public one week prior to the event.

Please register!

EMNLP 2024 will take place in Miami, Florida from Nov 12th to Nov 16th, 2024, at the Hyatt Regency Miami Hote and on Underline for remote participants.

Simultaneous Machine Translation (SiMT) requires target tokens to be generated in real-time as streaming source tokens are consumed. Traditional approaches to SiMT typically require sophisticated architectures and extensive parameter configurations for training adaptive read/write policies, which in turn demand considerable computational power and memory. We propose PsFuture, the first zero-shot adaptive read/write policy for SiMT, enabling the translation model to independently determine read/write actions without the necessity for additional training. Furthermore, we introduce a novel training strategy, Prefix-to-Full (P2F), specifically tailored to adjust offline translation models for SiMT applications, exploiting the advantages of the bidirectional attention mechanism inherent in offline models. Experiments across multiple benchmarks demonstrate that our zero-shot policy attains performance on par with strong baselines and the P2F method can further enhance performance, achieving an outstanding trade-off between translation quality and latency.

PsFuture: A Pseudo-Future-based Zero-Shot Adaptive Policy for Simultaneous Machine Translation

Electronic healthcare records are vital for patient safety as they document conditions, plans, and procedures in both free text and medical codes. Language models have significantly enhanced the processing of such records, streamlining workflows and reducing manual data entry, thereby saving healthcare providers significant resources. However, the black-box nature of these models often leaves healthcare professionals hesitant to trust them. State-of-the-art explainability methods increase model transparency but rely on human-annotated evidence spans, which are costly. In this study, we propose an approach to produce plausible and faithful explanations without needing such annotations. We demonstrate on the automated medical coding task that adversarial robustness training improves explanation plausibility and introduce AttInGrad, a new explanation method superior to previous ones. By combining both contributions in a fully unsupervised setup, we produce explanations of comparable quality, or better, to that of a supervised approach. We release our code and model weights.

An Unsupervised Approach to Achieve Supervised-Level Explainability in Healthcare Records

In this paper, we introduce a subspace-inspired Low-Rank Adaptation (LoRA) method, which is computationally efficient, easy to implement, and readily applicable to large language, multimodal, and diffusion models. Initially, we equivalently decompose the weights of LoRA into two subspaces, and find that simply mixing them can enhance performance. To study such a phenomenon, we revisit it through a fine-grained subspace lens, showing that such modification is equivalent to employing a fixed mixer to fuse the subspaces. To be more flexible, we jointly learn the mixer with the original LoRA weights, and term the method as Mixture-of-Subspaces LoRA (MoSLoRA). MoSLoRA consistently outperforms LoRA on tasks in different modalities, including commonsense reasoning, visual instruction tuning, and subject-driven text-to-image generation, demonstrating its effectiveness and robustness.

Mixture-of-Subspaces in Low-Rank Adaptation

Large Language Models (LLMs) have sparked substantial interest and debate concerning their potential emergence of Theory of Mind (ToM) ability. Theory of mind evaluations currently focuses on testing models using machine-generated data or game settings prone to shortcuts and spurious correlations, which lacks evaluation of machine ToM ability in real-world human interaction scenarios. This poses a pressing demand to develop new real-world scenario benchmarks. We introduce NegotiationToM, a new benchmark designed to stress-test machine ToM in real-world negotiation surrounding covered multi-dimensional mental states (i.e., desires, beliefs, and intentions). Our benchmark builds upon the Belief-Desire-Intention (BDI) agent modeling theory and conducts the necessary empirical experiments to evaluate large language models. Our findings demonstrate that NegotiationToM is challenging for state-of-the-art LLMs, as they consistently perform significantly worse than humans, even when employing the chain-of-thought (CoT) method.

NegotiationToM: A Benchmark for Stress-testing Machine Theory of Mind on Negotiation Surrounding

Large vision-language models (LVLMs) have made significant progress in recent years. While LVLMs exhibit excellent ability in language understanding, question answering, and conversations of visual inputs, they are prone to producing hallucinations. While several methods are proposed to evaluate the hallucinations in LVLMs, most are reference-based and depend on external tools, which complicates their practical application. To assess the viability of alternative methods, it is critical to understand whether the reference-free approaches, which do not rely on any external tools, can efficiently detect hallucinations. Therefore, we initiate an exploratory study to demonstrate the effectiveness of different reference-free solutions in detecting hallucinations in LVLMs. In particular, we conduct an extensive study on three kinds of techniques: uncertainty-based, consistency-based, and supervised uncertainty quantification methods on four representative LVLMs across two different tasks. The empirical results show that the reference-free approaches are capable of effectively detecting non-factual responses in LVLMs, with the supervised uncertainty quantification method outperforming the others, achieving the best performance across different settings.

Reference-free Hallucination Detection for Large Vision-Language Models

This paper studies the problem of information retrieval, to adapt to unseen tasks. Existing work generates synthetic queries from domain-specific documents to jointly train the retriever. However, the conventional query generator assumes the query as a question, thus failing to accommodate general search intents. A more lenient approach incorporates task-adaptive elements, such as few-shot learning with an 137B LLM. In this paper, we challenge a trend equating query and question, and instead conceptualize query generation task as a "compilation" of high-level intent into task-adaptive query. Specifically, we propose EGG, a query generator that better adapts to wide search intents expressed in the BeIR benchmark. Our method outperforms baselines and existing models on four tasks with underexplored intents, while utilizing a query generator 47 times smaller than the previous state-of-the-art. Our findings reveal that instructing the LM with explicit search intent is a key aspect of modeling an effective query generator.

Meta-Prompting Efficient Task-Adaptive Query Generator for Retrieval

In e-commerce, high consideration search missions typically require careful and elaborate decision making, and involve a substantial research investment from customers. We consider the task of identifying High Consideration (HC) queries. Identifying such queries enables e-commerce sites to better serve user needs using targeted experiences such as curated QA widgets that help users reach purchase decisions. We explore the task by proposing an Engagement-based Query Ranking (EQR) approach, focusing on query ranking to indicate potential engagement levels with query-related shopping knowledge content during product search. Unlike previous studies on predicting trends, EQR prioritizes query-level features related to customer behavior, finance, and catalog information rather than popularity signals. We introduce an accurate and scalable method for EQR and present experimental results demonstrating its effectiveness. Offline experiments show strong ranking performance. Human evaluation shows a precision of 96% for HC queries identified by our model. The model was commercially deployed, and shown to outperform human-selected queries in terms of downstream customer impact, as measured through engagement.

Identifying High Consideration E-Commerce Search Queries

This study introduces a Multidisciplinary chILDhood cancer survivor question-answering (MILD) bot designed to support childhood cancer survivors facing diverse challenges in their survivorship journey. In South Korea, a shortage of experts equipped to address these unique concerns comprehensively leaves survivors with limited access to reliable information. To bridge this gap, our MILD bot employs a dual-component model featuring an intent classifier and a semantic textual similarity model. The intent classifier first analyzes the user’s query to identify the underlying intent and match it with the most suitable expert who can provide advice. Then, the semantic textual similarity model identifies questions in a predefined dataset that closely align with the user’s query, ensuring the delivery of relevant responses. This proposed framework shows significant promise in offering timely, accurate, and high-quality information, effectively addressing a critical need for support among childhood cancer survivors.

MILD Bot: Multidisciplinary Childhood Cancer Survivor Question-Answering Bot

These days, there is an increasing necessity to provide a user with a short knowledge-snippet for a query in commercial information retrieval services such as the featured snippet of Google. In this paper, we focus on how to automatically extract the candidates of query-knowledge snippet pairs from structured HTML documents by using a new Language Model (HTML-PLM). In particular, the proposed system is powerful on extracting them from Tables and Lists, and provides a new framework for automate query generation and knowledge-snippet extraction based on a QA-pair filtering procedure including the snippet refinement and verification processes, which enhance the quality of generated query-knowledge snippet pairs. As a result, 53.8% of the generated knowledge-snippets includes complex HTML structures such as tables and lists in our experiments of a real-world environments, and 66.5% of the knowledge-snippets are evaluated as valid.

Hyper-QKSG: Framework for Automating Query Generation and Knowledge-Snippet Extraction from Tables and Lists

A frequent challenge in applications that use entities extracted from text documents is selecting the most salient entities when only a small number can be used by the application (e.g., displayed to a user). Solving this challenge is particularly difficult in the setting of extremely short documents, such as the response from a digital assistant, where traditional signals of salience such as position and frequency are less likely to be useful. In this paper, we propose a lightweight and data-efficient approach for entity salience detection on short text documents. Our experiments show that our approach achieves competitive performance with respect to complex state-of-the-art models, such as GPT-4, at a significant advantage in latency and cost. In limited data settings, we show that a semi-supervised fine-tuning process can improve performance further. Furthermore, we introduce a novel human-labeled dataset for evaluating entity salience on short question-answer pair documents.

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