Build the most efficient algorithmic strategy in the areas of digital assets to outperform other contestants.
The competition will be a great step for many of those taking part to road test their approaches to algorithm and trading strategy design in an environment that is testing and rewarding. Join the competition and win a crypto prize with value equivalent to HKD $12,000!
ABOUT THE COMPETITION
The emerging of the areas of digital assets and the operation of the underlying analytical techniques is driving the evaluation of capital markets in the 2020s.
The AREIX Crypto Portfolio Challenge 2021aims at identifying the talents of tomorrow by determining the most efficient algorithmic strategy according to its Sharpe ratio on live data.
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Support your favourite model
The model of each team will be featured on AREIX Portal for real-time scoring. Want to know how do the crypto models perform and support your favourite model?
ORGANISATIONS
AWARDS
Compete with the talents of tomorrow to become one of the top 3 winning teams in this competition.
BEST MODELLER AWARD
Champion
First Runner Up
BEST PRESENTER AWARD
Winner
CRYPTO AWARD
Bitcoin (BTC) or Ethereum (ETH)
with value equivalent to HKD1
BEST MODELLER
Champion
$12,000
1st Runner Up
$8,000
BEST PRESENTER
Winner
$5,000
All winning teams will also be awarded the following prizes.
LIFE COACHING PROGRAMME2
Flagship “Own Your Life” fishing programme from Cloverland to unlock your hidden potentials and live your life to its full.
POTENTIAL INTERNSHIP
Potential internship opportunities provided by organisers or sponsor organisations.
AMAZON ECHO DOT (3rd GEN)
A voice-controlled speaker that uses Alexa to play music, control smart home devices, make calls, answer questions, set timers and alarms, and more.
WINNING CERTIFICATE
Certificate for each winning team member certifying winning of the award over other contestants.
1 Competition winners will receive HKD equivalent amounts of BTC or ETH via our sponsor. Terms and conditions apply.
2 Flagship “Own Your Life” coaching programme from Cloverland conducted by Certified Professional Coach on career planning and personal life development.
Resources
AMAZON CLOUD CREDIT
Each team member will receive free AWS credits for model development on AWS platform
AWS SELF-LEARNING PORTAL
Self-paced courses covering a range of topics from AWS Cloud fundamentals to machine learning, all provided by top Digital Training Providers. The portal helps you test products and gain practical experience working with AWS - learn on-demand at your own pace.
PRE-BUILD PROGRAMMING FRAMEWORK
For development of strategy with machine learning model and market data. A python-basis programming framework is open to contestant for free. The framework covers your development needs in data collection, model implementation and visualisation. The dataset provided includes the latest trading records and bid-ask updates by the hour, and covers data from normal trading hours within every trading day from Jan 2018 to Feb 2021. Data provided is strictly for trading strategy prototyping purposes only.
CONTESTENT
Individuals aged 18-35 who are university students across all disciplines or graduated from universities within 3 years and meets either of the following criteria
- Hong Kong permanent resident; or
- Overseas person who is/was a full-time student in a local university in Hong Kong
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FORM A TEAM OF 1 – 4
Suggests a combination of contestants with technology and financial backgrounds
KEY DATES
| DATE | STAGE |
|---|---|
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1 MAR
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Application open
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13 MAR
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Info session
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27 MAR |
Application close |
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3 APR |
Code & video submission deadline
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5 APR - 14 APR |
Real time model scoring & public voting
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24 APR
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Award ceremony
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APPLICATION
Each team member is required to submit their application form by 27 Mar 2021 23:59:59 and indicate their team leaders in the form.
Upon successful application, team leader will receive a response email with an access token for the strategy and model development framework. Please keep the token within your team, you will need the token for the submission.
SUBMISSION
Only team leader of a team is required to submit the following by 3 Apr 2021 23:59:59 to the organiser.
- Executive summary
- Model development philosophy / Trading strategy description
- Python script(s)
- 30-second pitch video to introduce the model/portfolio
JUDGING CRITERIA
Best Modeller Award
The crypto portfolio generates the highest absolute return in 10 days would be the Champion and 1st Runner Up.
Trading product:
100+ crypto that are available
on the crypto datafeed
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Best Presenter Award
Teams need to take a 30 seconds video to promote their strategy. The team with the most like on AREIX Portal will be the award winner.
FAQ
Yes, as long as the following requirements are met:
Individuals aged 18-35 who are current university students across all disciplines or graduated from universities within 3 years and meets either of the following criteria
- Hong Kong permanent resident; or
- Overseas person who is/was a full-time student in a local university in Hong Kong
Yes. Free Amazon Cloud Credit will be granted to each contestants for model develop. Also, contestants will be granted access to AREIX Pre-build Programming Framework for development of strategy with machine learning model and market data. The dataset provided includes the latest trading records and bid-ask updates by the hour, and covers data from normal trading hours within every trading day from Jan 2018 to Feb 2021.
No. All competition winners will receive HKD equivalent amounts of Bitcoin (BTC) or Ethereum (ETH) via our sponsor. Terms and conditions apply. Our sponsor will contact winners directly for the crypto prize arrangement.
No. One team will win only one award. For any team who generate the highest profit with their model and gain the highest number of votes from the public, they will only be awarded the Best Modeller Award, while the Best Presenter Award will be entitled by the team with 2nd highest votes. Same applies to 1st runner up of Best Modeller Award.
RULES
i. Applicants could be undergraduates or postgraduates, and all team members must be either currently enrolled university students or recently graduated within 3 years from universities.
ii. Each team could have up to 4 team members from one or different universities.
iii. Each individual contestant is only allowed to be in one team.
iv. The team leader is responsible of submitting the required deliverables to the organiser.
v. All technical deliverables must be original. Plagiarism is prohibited and any violations will lead to disqualification.
vi. Each individual participant is required to sign and return a Non-Disclosure Agreement with the organiser.
vii. Each contestant from winning teams must provide a copy of valid Student ID cards or graduation certificate for verification.
viii. Each winning team are required to join the Award Ceremony and are invited to share in a 5-minute slot. Any failure to attend the Ceremony will deemed a withdrawn of the award and the prize will be assigned to the next team.
CONTACT US
Need help or have any queries about the competition?
Reach out to the AREIX team at