Take The Alpha 2.0 Challenge

Alpha 2.0 is a revolutionary new competition that opens the world of proprietary trading, and its profits, to the collective wisdom of intellegent crowds.  Are you up for the challenge?

Alpha 2.0 Challenge

Introducing the Alpha 2.0 Challenge

December 1, 2008 to May 31, 2009

Alpha 2.0 is a revolutionary new competition that creates a new class of investing: open-source algorithmic trading.

We are looking for the best trading ideas from the best minds in the world. In return, we will implement the winning algorithms with our capital and share the profits with the creators. If you think you are up to the challenge, visit the Alpha 2.0 home page, sign up, and submit your algorithm by May 31, 2009.


The Challenge Is Simple

Step 1

Develop an Algorithmic Trading Strategy

Develop a Black Box trading algorithm that trades equities and / or indices listed on the NYSE, Amex, or NASDAQ and provides a positive absolute return over the previous 12 months.

Step 2

Submit Your Strategy

Submit your algorithm as a MATLAB or R (GNU S) script along with your historical testing results and a description of your data set. We will validate and further test every submission to identify those that produce consistently positive absolute returns.

Step 3

Receive up to 50% of the Profit

We will choose the algorithms with the highest potential return, implement them on our trading platform with up to half a million dollars in dedicated capital, and share up to 50% of the annual profits with the winning team(s).