The team uses the API to build algorithms and perform spot market transactions on FTX and Coinbase Pro
London-based FinTech start-up, APEX: E3, Announced yesterday Starting competition for algorithmic trading between math and computer science students at Oxford University and Cambridge University.
APEX: E3 is a leading provider of multi-asset analytics for private and institutional investors, and has recently made financial market data and analytics available to advanced traders, funds, and institutions. API) has been released. Their big data analytics architecture absorbs, aggregates and analyzes real-time purchase order data from over 20 digital asset exchanges, including Binance, FTX and CoinbasePro.
The 15 participating Oxbridge teams will be introduced to the contest on November 16th and will end in December. In the Algorithmic Trading Competition, students use the APEX: E3 API to build algorithms and perform spot market trading on FTX and Coinbase Pro. They are evaluated by an industry-leading jury for trading strategies, technical algorithm design, and return on investment.
Dr. Quentin Stafford-Fraser, Faculty of Computer Science, University of Cambridge, commented: A fun and risk-free way for students to learn about the industry and bring their creativity and expertise to tackle specific challenges in this area. We are looking forward to what the team will come up with and wish you all the best. “
Students have a lot of incentives because the winning team can maintain seed capital and profits. As a result, algorithm ideas are already thriving. These include whale order trading, arbitration, machine learning, neural language programming, neural networks that predict market movements based on historical data, time series modeling of future price trend forecasts by ARMA, deep learning models and volatiles. Assets that trend invest based on time series forecasts, including the use of high frequency momentum trading.
All participants receive technical support, trading mentorship and seed capital. This competition will be made possible by APEX: E3 partnering with FTX, Coinbase, ConsenSys Mesh, LMAX Digital and SIX Digital Exchange.
APEX: Usman Khan, CEO of E3, said: We are really excited about the reaction from Oxford and Cambridge students to this contest and look forward to expanding the scope and number of universities next year. “