Alpha Five: ETF Universe Alpha Competition

The Competition winners will be decided on Tuesday, December 31, 2019 at 8 pm EST. The authors of the top three (3) algorithms per category will be notified via email. Winners will be required to respond to the notification email no later than January 31, 2020 at 11:59 pm EST. Failure to respond by the deadline, or failure to meet the participant qualifications, may result in the prize being forfeited and awarded to the author of the next highest algorithm.

Out of the algorithms submitted which are accepted into the competition, the top three algorithms per category will receive prizes according to the following distribution:

In the event of a tie, the Competition prize will be split evenly between the winners. For example, in the event of a tie for second place, the prize for second and the prize for third will be combined, halved, and given equally to the tied algorithms.

Odds of winning will depend on the total number of entrants.

Participants may win a maximum of three (3) prizes. In the event a Participant has more than three algorithms that qualify for prizes, they will be entitled to only the three which maximize the total value of their prizes. For example, a Participant with four algorithms total, placing in 1st and 2nd place in one category and 2nd and 3rd place in another, they would receive prizes equivalent to one 1st place finish and two 2nd place finishes. The Paticipant's remaining algorithm(s) would then cede their place(s) to the next highest scoring algorithm in each the respective categories.