Algo Trading Challenge 2023

22 May 2023 - 22 May 2023

Algo Trading Challenge 2023

22 May 2023 - 22 May 2023

Application Deadline

22 May 2023 - 22 May 2023

Welcome to CASH Algo Trading Challenge 2023.

Ideate your trading algorithms, test on a robust back-testing platform, and compete to make a name for yourself! Gain professional industry knowledge and practical skills to prepare yourself as the next-gen algo-trading professional.
This Challenge is open to public. Create teams of 1~4 members with diverse skills (maths, statistics, finance, coding, presentation) and register by 22 May 2023.

1st Round: Ideate

Registered teams of 1-4 members will prepare a ppt less than 15 slides consisting of:

  • Executive summary
  • Trading idea description
  • Trading logic
  • Implementation detail
  • Team biography

Coding is not required in this round

Submission deadline: 29 May 2023
Result announced: 31 May 2023

2nd Round: Test

Teams will code their trading algorithm and test on our back-testing engine, then submit the code.

Judges will backtest trading algorithms for return, volatility, robustness and practicality to select advancing teams.

Submission deadline: 28 Jun 2023
Result announced: 30 Jun 2023

Final Round: Compete

Each team needs to compete in out-sample forward test and live paper trading.

Live paper trading will last for 2 months from 1-Jul-2023 to 31-Aug-2023.

Teams will present trading plan to judges in a 5-minute pitch session in Finale.

Judges will select winners in each of these categories:

  • Best Return
  • Best Sharpe
  • Best Strategy Design

Finale: 10 Sep 2023

Schedule

Date Event
22 May 2023 Deadline of Registration
23 May 2023 Online Briefing Session & Backtest Engine Introduction
29 May 2023 Deadline of 1st Round: Idea and Strategy Proposal Submission
31 May 2023 Announcement of 1st Round Winners
28 Jun 2023 Deadline 2nd Round: Back-testing Completed and Code Submission
30 Jun 2023 Announcement of 2nd Round Winners
31 Aug 2023 2-month Live Paper Trading Completed
10 Sep 2023 Finale and Award Ceremony

 

Awards

There are 3 award categories: (A) Best Return, (B) Best Sharpe, and (C) Best Strategy Design.

The winning teams from each category will be entitled to:

Cash Prize:

  • Grand prize: US$8,000
  • Best Return/Sharpe/Strategy Design
  • 1st place: US$1,000 each
  • 2nd place: US$600 each

Employment Contract:

All prize winners may have a chance to receive an employment contract worth US$100,000 from CASH Algo

Certificate:

All prize winners will receive a participation certificate

Free Subscription of Back-testing Engine:

All prize winners will get 1-year free subscription of our back-testing platform

Algo NFT:

All prize winners will have a chance to get their algo minted as NFTs in Opensea

Join Algo Challenge Association (ACA):

All prize winners will connect with algo fund managers and industrial professionals in Algo Challenge Association (ACA)

 
Register Now

 

For more details, please visit https://algochallenge.org/hkequity2023/index.html.