Weixian Waylon Li

Weixian Waylon Li, Yftah Ziser, Maximin Coavoux et al.

We introduce a task consisting in matching a proof to a given mathematical statement. The task fits well within current research on Mathematical Information Retrieval and, more generally, mathematical article analysis (Mathematical Sciences, 2014). We present a dataset for the task (the MATcH dataset) consisting of over 180k statement-proof pairs extracted from modern mathematical research articles. We find this dataset highly representative of our task, as it consists of relatively new findings useful to mathematicians. We propose a bilinear similarity model and two decoding methods to match statements to proofs effectively. While the first decoding method matches a proof to a statement without being aware of other statements or proofs, the second method treats the task as a global matching problem. Through a symbol replacement procedure, we analyze the "insights" that pre-trained language models have in such mathematical article analysis and show that while these models perform well on this task with the best performing mean reciprocal rank of 73.7, they follow a relatively shallow symbolic analysis and matching to achieve that performance.

Weixian Waylon Li, Mengyu Wang, Tiejun Ma

Backtesting large language models (LLMs) on historical financial data is unreliable because pre-training cuts off after the events happened. An LLM trained in 2024 already "knows" which way 2018-2020 stocks moved. We name this failure parametric look-ahead bias and propose FinCAD, an inference-time adaptation of Context-Aware Decoding that suppresses an LLM's memory of historical outcomes without retraining. FinCAD pairs an adversarial bias-discovery pipeline that learns a model-specific memory-activating prior prompt with an entity- and date-adaptive rule that scales the CAD strength to per-(entity, date) memorisation, so the penalty fires on memorised in-sample dates and decays to zero out-of-sample. Across five 7-14B LLMs and five mega-cap equities, FinCAD cuts in-sample backtest returns by up to -67.1% on memorised dates while leaving 2025 out-of-sample returns within $8K and Sharpe within 0.10 of baseline, and preserves general-purpose reasoning within 1.7 pts. On an eleven-model leaderboard, it raises the in-sample / out-of-sample Spearman correlation from +0.779 to +0.846, recovering rankings that genuinely predict out-of-sample performance.

Weixian Waylon Li, Yuchen Niu, Yongxin Yang et al.

Attention steering is an important technique for controlling model focus, enabling capabilities such as prompt highlighting, where the model prioritises user-specified text. However, existing attention steering methods require explicit storage of the full attention matrix, making them incompatible with memory-efficient implementations like FlashAttention. We introduce Spectral Editing Key Amplification (SEKA), a training-free steering method that tackles this by directly editing key embeddings before attention computation. SEKA uses spectral decomposition to steer key embeddings towards latent directions that amplify attention scores for certain tokens. We extend this to Adaptive SEKA (AdaSEKA), a query-adaptive variant that uses a training-free routing mechanism to dynamically combine multiple expert subspaces based on the prompt's semantic intent. Our experiments show both methods significantly outperform strong baselines on standard steering benchmarks while adding much lower latency and memory overhead, in compatibility with optimised attention.

Weixian Waylon Li, Jiaxin Zhang, Xianan Jim Yang et al.

Structured memory representations such as knowledge graphs are central to autonomous agents and other long-lived systems. However, most existing approaches model time as discrete metadata, either sorting by recency (burying old-yet-permanent knowledge), simply overwriting outdated facts, or requiring an expensive LLM call at every ingestion step, leaving them unable to distinguish persistent facts from evolving ones. To address this, we introduce RoMem, a drop-in temporal knowledge graph module for structured memory systems, applicable to agentic memory and beyond. A pretrained Semantic Speed Gate maps each relation's text embedding to a volatility score, learning from data that evolving relations (e.g., "president of") should rotate fast while persistent ones (e.g., "born in") should remain stable. Combined with continuous phase rotation, this enables geometric shadowing: obsolete facts are rotated out of phase in complex vector space, so temporally correct facts naturally outrank contradictions without deletion. On temporal knowledge graph completion, RoMem achieves state-of-the-art results on ICEWS05-15 (72.6 MRR). Applied to agentic memory, it delivers 2-3x MRR and answer accuracy on temporal reasoning (MultiTQ), dominates hybrid benchmark (LoCoMo), preserves static memory with zero degradation (DMR-MSC), and generalises zero-shot to unseen financial domains (FinTMMBench).

Weixian Waylon Li, Hyeonjun Kim, Mihai Cucuringu et al.

Large Language Models (LLMs) have recently been leveraged for asset pricing tasks and stock trading applications, enabling AI agents to generate investment decisions from unstructured financial data. However, most evaluations of LLM timing-based investing strategies are conducted on narrow timeframes and limited stock universes, overstating effectiveness due to survivorship and data-snooping biases. We critically assess their generalizability and robustness by proposing FINSABER, a backtesting framework evaluating timing-based strategies across longer periods and a larger universe of symbols. Systematic backtests over two decades and 100+ symbols reveal that previously reported LLM advantages deteriorate significantly under broader cross-section and over a longer-term evaluation. Our market regime analysis further demonstrates that LLM strategies are overly conservative in bull markets, underperforming passive benchmarks, and overly aggressive in bear markets, incurring heavy losses. These findings highlight the need to develop LLM strategies that are able to prioritise trend detection and regime-aware risk controls over mere scaling of framework complexity.

Weixian Waylon Li, Yftah Ziser, Yifei Xie et al.

Traditional Learning-To-Rank (LETOR) approaches, including pairwise methods like RankNet and LambdaMART, often fall short by solely focusing on pairwise comparisons, leading to sub-optimal global rankings. Conversely, deep learning based listwise methods, while aiming to optimise entire lists, require complex tuning and yield only marginal improvements over robust pairwise models. To overcome these limitations, we introduce Travelling Salesman Problem Rank (TSPRank), a hybrid pairwise-listwise ranking method. TSPRank reframes the ranking problem as a Travelling Salesman Problem (TSP), a well-known combinatorial optimisation challenge that has been extensively studied for its numerous solution algorithms and applications. This approach enables the modelling of pairwise relationships and leverages combinatorial optimisation to determine the listwise ranking. This approach can be directly integrated as an additional component into embeddings generated by existing backbone models to enhance ranking performance. Our extensive experiments across three backbone models on diverse tasks, including stock ranking, information retrieval, and historical events ordering, demonstrate that TSPRank significantly outperforms both pure pairwise and listwise methods. Our qualitative analysis reveals that TSPRank's main advantage over existing methods is its ability to harness global information better while ranking. TSPRank's robustness and superior performance across different domains highlight its potential as a versatile and effective LETOR solution.