Joint-University Algo Trading Challenge 2020/21

Juding Criteria

Judging panel criteria comprises team performance (30%), trading strategy (30%), and presentation (10%), plus the risk-adjusted return (30%) as computed by the ALGOGENE back-test system.

(A) Best Performance

A good return is the primary goal of every algo trading strategy. ALGOGENE's state-of-the-art trading system will back-test the trading strategies of Finale teams to ascertain outcomes. The team with the highest return in one year will win this award.

(B) Best Sharpe

A good strategy does not only need to be profitable, but it is also important to take care of the risk taking. The team with the highest Sharpe will win this award.

(C) Best Strategy Design

Recognises Finale participants' knowledge and skills in developing the best algo trading strategy that demonstrated the following:

• Trading Strategy Logic: reasonable return, manageable risk, stability and predictability;
• Creativity: innovative use of statistical models, parameters, forecasting methodology or interpretation of data and novel ideas based on existing theory and models; and
• Execution Potential: a realistic strategy and full consideration of factors including capital, trading time, market impact and risk management.

Awards

There are 3 award categories: (A) Best Return, (B) Best Sharpe, and (C) Best Strategy Design. The winning team from each category will be entitled to:

Rules & Regulations

1. The Challenge is open to only current undergraduate and postgraduate students (students with valid school registration for the current school year).
2. All members of the same contestant team must be from the same university.
3. All individual contestants must register with their university email addresses only. Failure to register with university email address will result in disqualification.
4. Each individual contestant is only allowed to be in one team.
5. Each team must elect one representative to liaise with the organizers
6. All entries must be the original work of contestants. Any form of plagiarism will be prohibited. If found, disqualification and deprivation of all prizes will be carried out.
7. Each individual contestant is required to sign a Non-Disclosure Agreement with the organizers.
8. Finalists must present valid Student ID cards and provide a copy for verification.
9. The judging panel’s decision of the Challenge results is final. The organizers reserve the right to the final decision in all other areas.
10. An online briefing session will be arranged during registration period to answer any inquiries about the Challenge.

FAQ