Oxford Competes with Cambridge to Win Algorithmic Crypto Trading Contest

Thursday, 26/11/2020 | 08:25 GMT by Bilal Jafar
  • Students from the world’s top universities are participating in a trading competition launched by APEX:E3.
Oxford Competes with Cambridge to Win Algorithmic Crypto Trading Contest
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Multi-Asset Analytics provider, APEX: E3 announced that it has arranged an algorithmic crypto trading competition between students of the University of Oxford and the University of Cambridge. The winning team will keep their seed capital and returns.

According to the official announcement, APEX: E3 launched the contest on 16 November and invited 15 teams from the Mathematics and Computer Science Departments of both universities to participate in a month-long algorithmic crypto trading competition. The teams will use API provided by APEX: E3 to construct algorithms and execute trades on CoinbasePro and FTX.

APEX: E3 sponsored the competition along with other partners to provide API, technical support, trading mentorship, and seed capital to the students. The content will conclude in December and the students will be evaluated by a panel of top industry leaders.

Commenting on the content, Usman Khan, CEO at APEX: E3, said: “We are excited by the opportunity to bring real-world learning opportunities, extra-curricular activities, and financial market analysis to interested students under lockdown. We have been really energised by the response from Oxford and Cambridge students for this competition and look forward to expanding the scope and number of universities next year.”

Performance Evaluation

University teams will be evaluated on the basis of their return on investment, algorithmic design, and crypto trading strategies. The London-based analytics company mentioned that teams can develop strategies based on arbitrage, machine learning-based predictive analysis, and trend investing. “Student ideas for algorithms include arbitraging, neural networks trained on historic data to predict market movements, momentum-driven strategies, ARMA to model the time series for future price trend predictions, machine-learning and NLP aided algorithms, whale order trading, trend investing based on time sequence forecasting using deep learning models and high-frequency momentum trading on volatile assets,” the official announcement states.

Professor Mike Wooldridge, Head of Department of Computer Science at the University of Oxford said that it is a unique opportunity for students as well as academic staff to explore new opportunities for research partnerships.

Multi-Asset Analytics provider, APEX: E3 announced that it has arranged an algorithmic crypto trading competition between students of the University of Oxford and the University of Cambridge. The winning team will keep their seed capital and returns.

According to the official announcement, APEX: E3 launched the contest on 16 November and invited 15 teams from the Mathematics and Computer Science Departments of both universities to participate in a month-long algorithmic crypto trading competition. The teams will use API provided by APEX: E3 to construct algorithms and execute trades on CoinbasePro and FTX.

APEX: E3 sponsored the competition along with other partners to provide API, technical support, trading mentorship, and seed capital to the students. The content will conclude in December and the students will be evaluated by a panel of top industry leaders.

Commenting on the content, Usman Khan, CEO at APEX: E3, said: “We are excited by the opportunity to bring real-world learning opportunities, extra-curricular activities, and financial market analysis to interested students under lockdown. We have been really energised by the response from Oxford and Cambridge students for this competition and look forward to expanding the scope and number of universities next year.”

Performance Evaluation

University teams will be evaluated on the basis of their return on investment, algorithmic design, and crypto trading strategies. The London-based analytics company mentioned that teams can develop strategies based on arbitrage, machine learning-based predictive analysis, and trend investing. “Student ideas for algorithms include arbitraging, neural networks trained on historic data to predict market movements, momentum-driven strategies, ARMA to model the time series for future price trend predictions, machine-learning and NLP aided algorithms, whale order trading, trend investing based on time sequence forecasting using deep learning models and high-frequency momentum trading on volatile assets,” the official announcement states.

Professor Mike Wooldridge, Head of Department of Computer Science at the University of Oxford said that it is a unique opportunity for students as well as academic staff to explore new opportunities for research partnerships.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
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About the Author: Bilal Jafar
Bilal Jafar holds an MBA in Finance. In a professional career of more than 8 years, Jafar covered the evolution of FX, Cryptocurrencies, and Fintech. He started his career as a financial markets analyst and worked in different positions in the global media sector. Jafar writes about diverse topics within FX, Crypto, and the financial technology market.
  • 2440 Articles
  • 79 Followers

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