Zhengzhao Lai
2026
QFinZero: A Unified Financial Toolchain for LLM-Based Trading Agents
Haochen Luo | Yifan LI | Ho Tin Ko | An Binh Minh | Junjie Xu | Tang Pok Hin | Wang Chak Wong | Gao Yuan | Zhengzhao Lai | Yuan Zhang | Chen Liu
Proceedings of the 64th Annual Meeting of the Association for Computational Linguistics (Volume 3: System Demonstrations)
Haochen Luo | Yifan LI | Ho Tin Ko | An Binh Minh | Junjie Xu | Tang Pok Hin | Wang Chak Wong | Gao Yuan | Zhengzhao Lai | Yuan Zhang | Chen Liu
Proceedings of the 64th Annual Meeting of the Association for Computational Linguistics (Volume 3: System Demonstrations)
Large language model (LLM) agents are increasingly applied to financial decision-making tasks that require interaction with external tools, including market data retrieval, news analysis, and trade execution. However, existing trading systems rely on fragmented and task-specific APIs, resulting in inconsistent schemas, complex integration, and limited reproducibility. We present QFinZero, a unified trading environment for LLM-based financial agents. QFinZero standardizes three core capabilities: (i) multi-frequency market and derivatives data access, (ii) structured news and event retrieval, and (iii) stateful brokerage simulation with explicit order lifecycle management. All tools adopt consistent JSON schemas and time-aligned interfaces, enabling agents to acquire information and execute trades within a coherent framework. By abstracting financial interaction into composable, agent-invokable primitives, QFinZero reduces engineering overhead and supports reproducible evaluation through comprehensive logging and deterministic replay. We argue that such a standardized trading environment is essential for scalable research on LLM-based financial agents.
2025
Can Multimodal LLMs See Materials Clearly? A Multimodal Benchmark on Materials Characterization
Zhengzhao Lai | Youbin Zheng | Zhenyang Cai | Haonan Lyu | Jingpu Yang | Hong-Qing Liang | Yan Hu | Benyou Wang
Findings of the Association for Computational Linguistics: EMNLP 2025
Zhengzhao Lai | Youbin Zheng | Zhenyang Cai | Haonan Lyu | Jingpu Yang | Hong-Qing Liang | Yan Hu | Benyou Wang
Findings of the Association for Computational Linguistics: EMNLP 2025
Materials characterization is fundamental to acquiring materials information, revealing the processing-microstructure-property relationships that guide material design and optimization. While multimodal large language models (MLLMs) have recently shown promise in generative and predictive tasks within materials science, their capacity to understand real-world characterization imaging data remains underexplored. To bridge this gap, we present MatCha, the first benchmark for materials characterization image understanding, comprising 1,500 questions that demand expert-level domain expertise. MatCha encompasses four key stages of materials research comprising 21 distinct tasks, each designed to reflect authentic challenges faced by materials scientists. Our evaluation of state-of-the-art MLLMs on MatCha reveals a significant performance gap compared to human experts. These models exhibit degradation when addressing questions requiring higher-level expertise and sophisticated visual perception. Simple few-shot and chain-of-thought prompting struggle to alleviate these limitations. These findings highlight that existing MLLMs still exhibit limited adaptability to real-world materials characterization scenarios. We hope MatCha will facilitate future research in areas such as new material discovery and autonomous scientific agents. MatCha is available at https://github.com/FreedomIntelligence/MatCha.