Dear BCEX Global Users,
BCEX Global is hosting a quantitative trading competition together with three-chain capital and Jinse Media. Details regarding this event is as follows.
Deadline to register: December 23rd, 23:59 2018 (UTC+8).
Link to register:
If you want to open up an account, please send email to firstname.lastname@example.org.
Timeline of the event
From December 24th, 2018 10:00 to January 23rd, 2019 10:00 (UTC+8): Online trading
From January 23rd, 2019 10:00 to January 24th, 2019 10:00 (UTC+8): 24 hours final competition
January 25th, 2019: Closing and award ceremony
Who can participate?
Quantitative funds (institutions) or individuals that works in the quantitative trading field
Top 100 coins that are listed on CoinMarketCap and Feixiaohao. (BTC, XRP, ETH, XLM, USDT, EOS, LTC, ETC, NEO, ZEC, DOGE, WAVES, PAX, ONT, QTUM, BCD, GUSD, MGO, ELA, LKY, AION, ELF are on BCEX.)
Rules and Regulations
1. Date: From December 24th, 2018 10:00 to January 24th, 2019 10:00 (UTC+8), tradings made in the time slot will be counted toward the final result, which will be ranked from high to low.
2. All contestants must be registered on partner platforms such as : BCEX’s BFX, Huobi, and Bitmex. All contestants must open up an account. And register the account name, read-only API KEY and read-only private key permissions.
3. All contestants must have a minimum of 10 BTC deposited in all accounts on all platforms. Any partner exchange must have at least 2 BTC deposited.
4. All returns are calculated against BTC
5. All contestants must take their own risks. This is real time trading.
6. There are no restrictions on strategies. Including but not limited to : arbitrage and trend following
7. Permitted spot coins and futures are Top 100 coins on CoinMarketCap and Feixiaohao on December 24th, 2018 at 0:00.
8. During the course of the competition, there must be no deposits or withdrawals beside those that have already been deposited (the transfer of funds between registered accounts is not classified as deposit or withdrawal). There must be no trading of coins that do not participate. All kinds of fraud must be prohibited. Otherwise, the contestants will be disqualified.
9. During the course of the competition, the total assets and trading records will be recorded at 18:00 (UTC+8) everyday. Trading ranking will be released at 20:00 (UTC+8) everyday.
10. All contestants will have to grant the organizer the release of background information regarding each contestant to the public.
11. The organizer reserves the final right to interpret.
1. Ranking is set according to the profits earned during transactions. Prizes will be awarded based on the final ranking.
2. There are two portions. Both Sharpe ratio （35% weight） and annualized return/maximum drawdown (65% weight) will be counted toward the final result.
3. If there are holdings and trading since the contest starts, the contestant will be counted in the ranking. If there are none, the contestant will not appear on the ranking.
First Prize (1): You will be entitled to manage up to 100 million assets. You will be given a special trophy and automatically entered 30-person forum global 100-city tour lecture plan
Second Prize (2): You will be entitled to manage up to 30 million assets. You will be given a special trophy and automatically entered 30-person forum global 100-city tour lecture plan
Third Prize (3): You will be entitled to manage up to 15 million assets. You will be given a special trophy and automatically entered 30-person forum global 100-city tour lecture plan
Fourth Prize (2): You will be entitled to manage up to 5 million assets. You will be given a special trophy
BCEX Global Special Prize: Please see details in “BCEX Global special award and platform support”
What is 30-person forum global 100-city tour lecture plan?
The winning teams of this global quantitative competition will be able to participate in meetings and road shows with the 30-person forum. The 30-person forum includes high-end personal members of artificial intelligence and blockchain industries. The forum will rely on top member resources to carry out “Digital Currency Quantization+” tour speech on a global scale, allowing high-end members to face-to-face to understand the strength and style of the winning teams. The exposures of the winning teams to potential investors are immense.
It plans to host 100 lectures in 20 large cities globally.
Jan. 2019: Beijing
Feb. 2019: Shanghai
Mar. 2019: Shenzhen & Hangzhou & Hainan
Apr. 2019: Hongkong & Singapore
May. 2019: New York and San Francisco
Procedure to enter the contest
Register->Fill out the forms->Sign the contract->Contest begins
BCEX special award and platform support:
1. BCEX Global will provide VIP customer service and technology support to every contestant. It will make sure that immediate and fast services are provided to each contestant.
2. For the first week of the competition(2018.12.24 10:00(UTC+8) to 2018.12.31.10:00(UTC+8)), BCEX Global will waive all trading fees for all contestants.
3. BCEX Special Award 1: For all contestants that are supported by BCEX Global, and have opened positions at a notional value of more than 100 million US dollars, and are ranked Top 10 during the final ranking will become a partner of BCEX Global and service provider to BCEX token rewarding program.
4. For all contestants that are supported by BCEX Global, and have opened positions at a notional value of more than 500 million US dollars, and are ranked Top 3 during the final ranking will have an exclusive opportunity to joint PR with BCEX. For example, it includes special interviews and promotion articles on BCEX's channel. It will also become the recommended quantitative trading team of BCEX Global.
During the competition, BCEX Global will also host 'Winning team supporter' activity to support the contestants:
1. Time: From December 24th, 2018 10:00 to January 24th, 2019 10:00 (UTC+8)
2. Detail: Share posters on WeChat and collect Likes. Invite new users to register.
Contestants will receive the following benefits:
-If more than 30 users are invited, service fees are waived during the competition.
-If more than 50 users are invited, and a minimum of $1000 US Dollars are deposited, the contestant will enjoy a Co-Location service with EXAS during the course of the competition. This allows the contestant to enjoy the fastest connection speed
3. Add BCEX-2mei on WeChat to get the poster.
4. Remarks: If 30 users or 50 users is reached, the change will reflect on the next day at 0:00. The number of users is cumulative. BCEX Global reserves the final right of interpretation.