mlsanityData to 14 Oct 2026

Strat-LLM: Stratified Strategy Alignment for LLM-based Stock Trading with Real-time Multi-Source Signals

arXiv 2605.06024 ↗First posted 7 May 2026cs.AIcited by 1

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Abstract (arXiv)

Large Language Models (LLMs) are evolving into autonomous trading agents, yet existing benchmarks often overlook the interplay between architectural reasoning and strategy consistency. We propose Strat-LLM, a framework grounded in Stratified Strategy Alignment. Operating in a live-forward setting throughout 2025, it integrates heterogeneous data including sequential prices, real-time news, and annual reports to eliminate look-ahead bias. Extensive stress tests on A-share and U.S. markets reveal: (1) reasoning-heavy models achieve peak utility in Free Mode via internal logic, whereas standard models require Strict Mode as a vital risk anchor; (2) alignment utility is regime-dependent, with Free and Guided modes capturing momentum in uptrending markets, while Strict Mode mitigates drawdowns in downtrends; (3) mid-scale models (35B) show optimal fidelity under strict constraints, whereas ultra-large models (122B) suffer an alignment tax under rigid rules but gain a performance premium in Guided Mode; (4) standard LLMs often fall into a high win-rate trap, optimizing for small gains at the expense of total returns, which can only be mitigated through deep reasoning or strict external guardrails. Project details are available at https://Strat-LLM.github.io.

Key facts. Cited by 1 paper in the map (data through 14 Oct 2026). Builds on 6 of its 16 references that are in the map. First posted on arXiv 7 May 2026.

Builds on

6 of 16 references.

References · 6

  1. 2024The Instruction Hierarchy: Training LLMs to Prioritize Privileged Instructionscited by 493
  2. 2023PIXIU: A Large Language Model, Instruction Data and Evaluation Benchmark for Financecited by 222
  3. 2025StockBench: Can LLM Agents Trade Stocks Profitably In Real-world Markets?cited by 44
  4. 2025FinMME: Benchmark Dataset for Financial Multi-Modal Reasoning Evaluationcited by 30
  5. 2025FinTSB: A Comprehensive and Practical Benchmark for Financial Time Series Forecastingcited by 24
  6. 2025Towards Temporal-Aware Multi-Modal Retrieval Augmented Generation in Financecited by 8

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Cited by year (2026 to 14 Oct)

Citing papers per year: 2026: 1.

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  1. 2025StockSim: A Dual-Mode Order-Level Simulator for Evaluating Multi-Agent LLMs in Financial Markets
  2. 2025Agent Trading Arena: A Study on Numerical Understanding in LLM-Based Agents
  3. 2026Behavioral Consistency Validation for LLM Agents: An Analysis of Trading-Style Switching through Stock-Market Simulation
  4. 2025Trading-R1: Financial Trading with LLM Reasoning via Reinforcement Learning
  5. 2025When Agents Trade: Live Multi-Market Trading Benchmark for LLM Agents
  6. 2025To Trade or Not to Trade: An Agentic Approach to Estimating Market Risk Improves Trading Decisions
  7. 2025LiveTradeBench: Seeking Real-World Alpha with Large Language Models
  8. 2026DSA: Evidence-Aware LLM-Agent Orchestration for Multi-Market Stock Research