TradingGroup: A Multi-Agent Trading System with Self-Reflection and Data-Synthesis
On the map: LLM agents and tool use → Financial trading and forecasting agents
Abstract (arXiv)
Recent advancements in large language models (LLMs) have enabled powerful agent-based applications in finance, particularly for sentiment analysis, financial report comprehension, and stock forecasting. However, existing systems often lack inter-agent coordination, structured self-reflection, and access to high-quality, domain-specific post-training data such as data from trading activities including both market conditions and agent decisions. These data are crucial for agents to understand the market dynamics, improve the quality of decision-making and promote effective coordination. We introduce TradingGroup, a multi-agent trading system designed to address these limitations through a self-reflective architecture and an end-to-end data-synthesis pipeline. TradingGroup consists of specialized agents for news sentiment analysis, financial report interpretation, stock trend forecasting, trading style adaptation, and a trading decision making agent that merges all signals and style preferences to produce buy, sell or hold decisions. Specifically, we design self-reflection mechanisms for the stock forecasting, style, and decision-making agents to distill past successes and failures for similar reasoning in analogous future scenarios and a dynamic risk-management model to offer configurable dynamic stop-loss and take-profit mechanisms. In addition, TradingGroup embeds an automated data-synthesis and annotation pipeline that generates high-quality post-training data for further improving the agent performance through post-training. Our backtesting experiments across five real-world stock datasets demonstrate TradingGroup's superior performance over rule-based, machine learning, reinforcement learning, and existing LLM-based trading strategies.
Key facts. Cited by 8 papers in the map (data through 7 Oct 2026). Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use. Builds on 10 of its 23 references that are in the map. First posted on arXiv 25 Aug 2025.
Builds on
10 of 23 references.
Closest ancestors · 2
Same direction, newest first
- 2024TradingAgents: Multi-Agents LLM Financial Trading Framework28 Dec
- 2023FinMem: A Performance-Enhanced LLM Trading Agent with Layered Memory and Character Design23 Nov
Other references · 8
- 2020Retrieval-Augmented Generation for Knowledge-Intensive NLP Taskscited by 9,160
- 2024DeepSeekMath: Pushing the Limits of Mathematical Reasoning in Open Language Modelscited by 8,851
- 2023Efficient Memory Management for Large Language Model Serving with PagedAttentioncited by 5,767
- 2025Qwen3 Embedding: Advancing Text Embedding and Reranking Through Foundation Modelscited by 1,175
- 2024A Multimodal Foundation Agent for Financial Trading: Tool-Augmented, Diversified, and Generalistcited by 137
- 2020FinRL: A Deep Reinforcement Learning Library for Automated Stock Trading in Quantitative Financecited by 86
- 2024FinLlama: Financial Sentiment Classification for Algorithmic Trading Applicationscited by 22
- 2025Can LLM-based Financial Investing Strategies Outperform the Market in Long Run?cited by 19
Built on by
Citing papers per year: 2025: 1; 2026: 7.
8 papers.
- 2025LiveTradeBench: Seeking Real-World Alpha with Large Language Modelscited by 13
- 2026Toward Expert Investment Teams:A Multi-Agent LLM System with Fine-Grained Trading Taskscited by 7
- 2026Agentic Trading: When LLM Agents Meet Financial Marketscited by 7
- 2026Design and Empirical Study of a Large Language Model-Based Multi-Agent Investment System for Chinese Public REITscited by 2
- 2026MEME: Modeling the Evolutionary Modes of Financial Marketscited by 2
- 2026AlphaCrafter: Harnessing Multi-Agent Workflows for Cross-Sectional Quantitative Tradingcited by 1
- 2026SoK: Trading Agents or Market Crashers? Dissecting Robustness and Security Failures in Academic Financial LLM Trading Schemescited by 0
- 2026Contagion on the Trading Floor: How Adversarial Signals Spread in Multi-Agent Trading Systemscited by 0
- 2026Contagion on the Trading Floor: How Adversarial Signals Spread in Multi-Agent Trading Systems17 Sep 2026
- 2026SoK: Trading Agents or Market Crashers? Dissecting Robustness and Security Failures in Academic Financial LLM Trading Schemes17 Sep 2026
- 2026Agentic Trading: When LLM Agents Meet Financial Markets19 May 2026
- 2026AlphaCrafter: Harnessing Multi-Agent Workflows for Cross-Sectional Quantitative Trading7 May 2026
- 2026Toward Expert Investment Teams:A Multi-Agent LLM System with Fine-Grained Trading Tasks26 Feb 2026
- 2026MEME: Modeling the Evolutionary Modes of Financial Markets12 Feb 2026
- 2026Design and Empirical Study of a Large Language Model-Based Multi-Agent Investment System for Chinese Public REITs22 Jan 2026
- 2025LiveTradeBench: Seeking Real-World Alpha with Large Language Models5 Nov 2025
Similar, not cited
Close in wording, no citation either way
- 2025Agent Trading Arena: A Study on Numerical Understanding in LLM-Based Agents
- 2025ContestTrade: A Multi-Agent Trading System Based on Internal Contest Mechanism
- 2024FinVision: A Multi-Agent Framework for Stock Market Prediction
- 2025ATLAS: Adaptive Trading with LLM AgentS Through Dynamic Prompt Optimization and Multi-Agent Coordination
- 2025To Trade or Not to Trade: An Agentic Approach to Estimating Market Risk Improves Trading Decisions
- 2025When Agents Trade: Live Multi-Market Trading Benchmark for LLM Agents
- 2026Agent Memory with Episodic Retrieval for Financial Decision-Making
- 2024Large Language Model Agent in Financial Trading: A Survey