Bohan Zhao

h-index2
2papers

2 Papers

STAug 2, 2025Code
Kronos: A Foundation Model for the Language of Financial Markets

Yu Shi, Zongliang Fu, Shuo Chen et al.

The success of large-scale pre-training paradigm, exemplified by Large Language Models (LLMs), has inspired the development of Time Series Foundation Models (TSFMs). However, their application to financial candlestick (K-line) data remains limited, often underperforming non-pre-trained architectures. Moreover, existing TSFMs often overlook crucial downstream tasks such as volatility prediction and synthetic data generation. To address these limitations, we propose Kronos, a unified, scalable pre-training framework tailored to financial K-line modeling. Kronos introduces a specialized tokenizer that discretizes continuous market information into token sequences, preserving both price dynamics and trade activity patterns. We pre-train Kronos using an autoregressive objective on a massive, multi-market corpus of over 12 billion K-line records from 45 global exchanges, enabling it to learn nuanced temporal and cross-asset representations. Kronos excels in a zero-shot setting across a diverse set of financial tasks. On benchmark datasets, Kronos boosts price series forecasting RankIC by 93% over the leading TSFM and 87% over the best non-pre-trained baseline. It also achieves a 9% lower MAE in volatility forecasting and a 22% improvement in generative fidelity for synthetic K-line sequences. These results establish Kronos as a robust, versatile foundation model for end-to-end financial time series analysis. Our pre-trained model is publicly available at https://github.com/shiyu-coder/Kronos.

14.1DCMay 15
CascadeInfer: Length-Aware Scheduling of LLM Serving with Low Latency and Load Balancing

Yitao Yuan, Chenqi Zhao, Bohan Zhao et al.

Efficiently harnessing GPU compute is critical to improving user experience and reducing operational costs in large language model (LLM) services. However, current inference engine schedulers overlook the attention backend's sensitivity to request-length heterogeneity within a batch. As state-of-the-art models now support context windows exceeding 128K tokens, this once-tolerable inefficiency has escalated into a primary system bottleneck, causing severe performance degradation through GPU underutilization and increased latency. We present CascadeInfer, a runtime system that dynamically reschedules requests across multiple instances serving the same LLM to mitigate per-instance length heterogeneity. CascadeInfer partitions these instances into length-specialized groups, each handling requests within a designated length range, naturally forming a pipeline as requests flow through them. CascadeInfer devises a dynamic programming algorithm to efficiently find the stage partition with the best QoE, employs runtime range refinement together with decentralized load (re)balance both across and within groups, achieving a balanced and efficient multi-instance service. Our evaluation shows that, under the same configuration, CascadeInfer reduces end-to-end latency by up to 67% and tail latency by up to 69%, while improving overall system throughput by up to 2.89 times compared to the state-of-the-art multi-instance scheduling systems.