Help a High School with a Trading Project

I know you didn't request for this answer, but I think it would have been far more interesting if the project was to address computational economics:

http://en.wikipedia.org/wiki/Computational_economics

Interactive Brokers runs a contest each year where college students compete using algorithmic trading programs. The one that wins gets something like $100,000 towards education. Here are the results of the first contest.

http://www.interactivebrokers.com/en/general/about/mediaRelations/04-11-06.php?ib_entity=llc

The 2009 contest is announced:

http://www.interactivebrokers.com/en/general/education/IBTradingOlympiad.php?ib_entity=llc


Just a suggestion.

nitro
 
Quote from nitro:

I know you didn't request for this answer, but I think it would have been far more interesting if the project was to address computational economics:

http://en.wikipedia.org/wiki/Computational_economics

Interactive Brokers runs a contest each year where college students compete using algorithmic trading programs. The one that wins gets something like $100,000 towards education. Here are the results of the first contest.

http://www.interactivebrokers.com/en/general/about/mediaRelations/04-11-06.php?ib_entity=llc

The 2009 contest is announced:

http://www.interactivebrokers.com/en/general/education/IBTradingOlympiad.php?ib_entity=llc


Just a suggestion.

nitro
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Thanks for the input. I'll take a look at the program. Do you know if they allow high school students to participate?
 
Quote from caroy:

Thanks for the input. I'll take a look at the program. Do you know if they allow high school students to participate?
More...
YW.

I do not. But I would be disappointed if IB did not allow HS students to compete as well.

nitro
 
caroy,

I was able to watch a portion of your broadcast on ustream on Friday....the kids did very well despite a rather "slow" mkt. Hope they had fun and learned a little as well.

-traderTX
 
Quote from traderTX:

caroy,

I was able to watch a portion of your broadcast on ustream on Friday....the kids did very well despite a rather "slow" mkt. Hope they had fun and learned a little as well.

-traderTX
More...

Thanks trader TX. They had a good time. We are refining the process and limiting the account size for the various locals and retail customers will help refine the process. I don't want the kids thinking they could actually scalp 8,000 lots that failed to move the market adequately. Live and learn. We've been doing the project for three years and last year we added the whole web broadcast.

One obstacle is the student assigned to be the broker usually gets overwhelmed trying to keep up with the orders. We will be adding more pit brokers in the future to help with this process. The kids did have fun but more importantly they learned a great deal.

Thanks for watching and feel free to join us next time.
 
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