Market-Bench: Evaluating Large Language Models on Introductory Quantitative Trading and Market Dynamics

We introduce MARKET-BENCH, a benchmark that evaluates large language models (LLMs) on introductory quantitative trading tasks by asking them to construct executable backtesters from natural language strategy descriptions and market assumptions. Each instance specifies one of three canonical strategies: scheduled trading on Microsoft (NASDAQ: MSFT), pairs trading on Coca-Cola (NASDAQ: KO) and Pepsi (NASDAQ: PEP), or delta hedging on MSFT. Models must produce code whose profit and loss (P and L), ...