FinRAQ: Financial News Reasoning through Importance Ranking and Socratic Questioning

Zee Hen Tang, Mi-Yen Yeh


Abstract
In financial markets, effective trading decisions require accurately interpreting unstructured information, especially news articles. However, prior work overlooks the complex news and agent interactions when making trading decisions. To address these limitations, we propose FinRAQ, which enhances the news importance scoring by modeling semantic and temporal interactions between news articles. FinRAQ incorporates a Socratic questioning stage into the debate framework, prompting agents to challenge each other’s reasoning through Socratic questions. Extensive experiments across six company stocks show that FinRAQ outperforms state-of-the-art baselines, achieving up to 38% improvement in annualized returns.
Anthology ID:
2026.findings-emnlp.1432
Volume:
Findings of the Association for Computational Linguistics: EMNLP 2026
Month:
October
Year:
2026
Address:
Budapest, Hungary
Editors:
Hung-Yi Lee, Sunipa Dev, Jessy Li, Desmond Elliott
Venue:
Findings
SIG:
SIGDAT
Publisher:
Association for Computational Linguistics
Note:
Pages:
30500–30547
Language:
URL:
https://aclanthology.org/2026.findings-emnlp.1432/
DOI:
Bibkey:
Cite (ACL):
Zee Hen Tang and Mi-Yen Yeh. 2026. FinRAQ: Financial News Reasoning through Importance Ranking and Socratic Questioning. In Findings of the Association for Computational Linguistics: EMNLP 2026, pages 30500–30547, Budapest, Hungary. Association for Computational Linguistics.
Cite (Informal):
FinRAQ: Financial News Reasoning through Importance Ranking and Socratic Questioning (Tang & Yeh, Findings 2026)
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PDF:
https://aclanthology.org/2026.findings-emnlp.1432.pdf