Building a Futures Market Making Bot & Winning the UChicago Trading Competition

Discussion in 'Automated Trading' started by guru, Aug 4, 2020.

  1. guru

    guru

    https://tianyi.io/post/chicago1/
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    Back in April, I participated in the UChicago Midwest Trading Competition with a couple of friends, and we ended up winning 2 out of 3 cases and the overall competition. So I’ve procrastinated on writing this blog post for 3 months, but I needed to get this out before I start working at a trading firm in a few weeks. This is the first part in (hopefully) a series of my favorite trading cases.

    First, let me take you through how we tackled one of my favorite cases, building a futures market making bot on the Chicago Electricity Futures Market.
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    (continued at the link above)

    Note: not related to me, just ran across this (recent) post.
     
    Leander S, Archvile, Gambit and 6 others like this.
  2. hotfoot

    hotfoot

    Very interesting article.
    Looks like they are all using similar models to calculate fair price.
    However their way of calculating spread is not very analytical, which should be very crucial for a winning strategy.