Why join the Lynx Hackathon?
At the Lynx Hackathon, you will work in teams to create a fully systematic trading strategy. Why systematic trading? Emotions are a part of what makes us human but can also result in irrational behavior. By trading with systematic algorithms, an investor can remove the emotion from their risk-taking decisions. In other words, systematic trading is a more methodological approach than discretionary trading since it follows a predefined set of rules.
At the event you will be given a time series based on real market futures data. Futures are exchange-traded, standardized derivative contracts with daily settlement, fixed maturities and uniform terms that obligate the purchase/sale of an asset at a predetermined price and date in the future. With this data you need to consider position and volatility targets, risk adjusted return and how to best use different technical indicators.
Lynx investment professionals will be at your disposal to answer questions and guide you through the process. We will also provide you with the tools to test your algorithms on the data set.
At the end of the event, your algorithm will be tested and evaluated in a virtual environment, allowing you to see how your idea would have worked in the real world. After the winning team has been announced (there will be a 1st and a 2nd place price!), there will be dinner and the opportunity to mingle at the office! Food, beverages and snacks will be served throughout the day.