RIDGE: An Autonomous Framework for Validation and Method Discovery in LLM-Generated Option Pricing

Automated code generation is becoming an important tool in quantitative finance, where large language models can generate option pricing implementations directly from mathematical model specifications. Validating such implementations, however, requires considerably more than conventional software testing: numerical pricing methods must remain mathematically consistent, numerically stable, and reliable across a wide range of model parameters. We introduce RIDGE, an autonomous validation framework in which generated pricing implementations are subjected to structured no-arbitrage tests, stress tests, benchmark comparisons, and consistency checks. Validation evidence is interpreted diagnostically, while the resulting knowledge is accumulated in a repository and reused across models and successive validation iterations. This enables systematic refinement of both the pricing implementation and the validation methodology. The framework is applied to five stochastic volatility models. Across these studies, all detected implementation defects are removed and, in two cases, the validation process itself leads to new semi-analytic pricing methodologies. The supplementary material is available in the GitHub repository: https://github.com/ShQiangLiu/ridge.

HyBDM: Multi-Scale Hybrid Experts for Time Series Forecasting with Bidirectional Dependency Modeling

Time series forecasting (TSF) is vital to many applications, yet existing models often struggle to capture the heterogeneous long-range global patterns and short-range local variations in multivariate time series. While some approaches partially model these dependencies, they often do not jointly exploit temporal and feature-wise information. To address this challenge, we propose HyBDM, a multi-scale hybrid model that decomposes temporal dynamics into global patterns and local variations, which are modeled by two specialized experts. The Global Patterns Expert employs an enhanced BiConv-Mamba module that integrates bidirectional convolutions, an M-SSM layer, a forgetting mechanism, and a GDD-MLP module for cross-channel modeling. The Local Variations Expert uses a Local Window Transformer (LWT) to perform efficient locality-aware attention with reduced computational complexity. In addition, a Multi-Scale Patcher and a Long-Short Router enable multi-resolution representations and adaptive fusion of the two experts. Experiments on six benchmark datasets show that HyBDM outperforms state-of-the-art methods in both forecasting accuracy and computational efficiency, demonstrating its effectiveness in bridging global-local dependencies for multivariate TSF.

Human Identification at a Distance: Challenges, Methods and Results on the Competition HID 2025

Human identification at a distance (HID) is challenging because traditional biometric modalities such as face and fingerprints are often difficult to acquire in real-world scenarios. Gait recognition provides a practical alternative, as it can be captured reliably at a distance. To promote progress in gait recognition and provide a fair evaluation platform, the International Competition on Human Identification at a Distance (HID) has been organized annually since 2020. Since 2023, the competition has adopted the challenging SUSTech-Competition dataset, which features substantial variations in clothing, carried objects, and view angles. No dedicated training data are provided, requiring participants to train their models using external datasets. Each year, the competition applies a different random seed to generate distinct evaluation splits, which reduces the risk of overfitting and supports a fair assessment of cross-domain generalization. While HID 2023 and HID 2024 already used this dataset, HID 2025 explicitly examined whether algorithmic advances could surpass the accuracy limits observed previously. Despite the heightened difficulty, participants achieved further improvements, and the best-performing method reached 94.2% accuracy, setting a new benchmark on this dataset. We also analyze key technical trends and outline potential directions for future research in gait recognition.