Terry Benzschawel – Natural Language Processing in Trading
Description of Natural Language Processing in Trading
If you are looking to trade based on the sentiments and opinions expressed in the news headline through cutting edge natural language processing techniques, this is the right course for you. Learn to quantify the news headline and add an edge to your trading using powerful models such as Word2Vec, BERT and XGBoost.
LIVE TRADING
- Train a machine learning model to calculate a sentiment from a news headline
- Implement and compare the word embeddings methods such as Bag of Words (BoW), TF-IDF, Word2Vec and BERT
- Predict the stock returns and bond returns from the news headlines
- Describe the applications of natural language processing
- Automate and paper trade the strategies covered in the course
- Fetch the recent news headline data
- Implement strategies in the live markets and analyze the performance
SKILLS COVERED
Predictive Modelling
- Supervised Learning
- XGBoost Model
- Train and Test Datasets
- Corporate Bonds returns
- Stock Returns, Sharpe ratio
Word Embeddings
- Bag of Words
- TF-IDF
- Word2Vec
- BERT
Python
- Numpy
- Pandas
- XGBoost
- Matplotlib
- CountVectorizer
PREREQUISITES
Basic familiarity with machine learning concepts such as training, testing, features and target variables is required. Exposure to programming concepts is required to interpret the codes covered in the course. However, experience with Python coding knowledge is optional. If you want to be able to code and implement the strategies in Python, you should be able to work with ‘Pandas Data frames’. All the required skill sets are covered in the foundation courses available in the learning track.
What will you learn in Natural Language Processing in Trading?
Natural Language Processing in Trading by Dr. Terry Benzschawel,what is it included:
- Section 1: Introduction to the Course
- Section 2: Applications of Natural Language Processing
- Section 3: Sources of News Headline Data
- Section 4: Sentiment Score and Strategy Logic
- Section 5: Sentiment Strategy on Stocks
- Section 6: Sentiment Strategy on Bonds
- Section 7: Introduction to Word Embeddings
- Section 8: Bag of Words
- Section 9: Predicting Sentiment Score Using XGBoost
- Section 10: Sentiment Class of News Headlines
- Section 11: TF-IDF
- Section 12: WordVec
- Section 13: BERT
- Section 14: BERT Model Adaptation
- Section 15: Result Analysis
- Section 16 (Optional): Python Installation
- Section 17: (Optional): Live Trading on IBridgePy
- Section 18: Paper and Live Trading
- Section 19: Capstone Project
- Section 20: Course Summary
About Terry Benzschawel
Dr. Terry Benzschawel is the founder and Principal at Benzschawel Scientific, LLC. Before that, Terry had worked with Citigroup’s Institutional Clients Business, as a Managing Director, heading the Quantitative Credit Trading group. In Citi’s Fixed Income Strategy department, Terry has worked as a credit strategist with a focus on client-oriented solutions across all credit markets. Before that, he had worked in Chase Manhattan and Citi to build algorithms to predict corporate bankruptcy and to detect credit fraud on card transactions. He has authored two books on Credit Modeling.
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