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.
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