Quote from ozzy:
Def.
I can almost guarantee that since there is a substantial amount of prize money involved that you will have some kid apply for the contest but have his genius/quant/mathematician/market wizard/expert programmer brother who works at a top hedge fund to write the code or better yet use an existing highly profitable system.
In my opinion, the prize money should be low so you don't attract professionals. This contest is going to resemble that marathon where the lady took the subway train and finished first.
ozzy