Community
Quant League
Introduction
Every year, we see thousands of applications for internships from driven and intelligent students seeking opportunities to springboard their careers. The top industry funds take less than 1% of applicants, leaving thousands of students unable to prove their abilities.
The Open Quant League is an opportunity for university classes and clubs to showcase their quantitative trading skills. Team members do research publicly and deploy algorithms live, gaining a track-record. All teams that enter the competition receive the following benefits:
- Free credit to use QuantConnect.
- A platform to discuss their strategy logic with a public, permanent link to share on their LinkedIn profiles and resumes.
- Inbound inquiries from employers in the QC community looking for help on their algorithms or looking to hire talent for their fund.
- Public quarterly rankings page to share with potential employers via URL, including your discussion thread.
In addition, all QC community members benefit from gaining access to the research from each university that participates. The live algorithm the team contributed will be public, so community members can use it to learn, trade, and improve.
Academic Scholarships
For every team that participates, QuantConnect provides Trading Firm seats with Bronze-tier support and an increased number of backtest, research, and live trading nodes for a total value of $20,000 per year. Competitors can use these perks without a cost for their team's submission and personal projects.
Note: The scholarship will be revoked for teams who don't submit a QuantLeague entry.
Rankings
Algorithms are simply ranked by net performance over the quarter, but this condition is subject to change. To view current rankings, see League.
Prizes
The top three organizations at the end of the quarterly competition receive prices of $500, $300, and $200, respectively. We are looking to increase these prizes via Corporate Sponsorships.
Additionally, the members of the winning team will get a chance to interview for a QuantConnect internship.
Enter the Competition
To enter your team into the competition, the team captain should submit the following information into this Google Form:
- Team's University
- Team name
- The email with which the captain is registered on the QuantConnect platform
- The emails with which the team members are registered on the QuantConnect platform
- A confirmation that all team members have updated their Names, Profile Picture, and LinkedIn Profiles on the QuantConnect platform
- The link to the backtest of the team's submission
- The team's investment thesis
For the investment thesis, introduce your strategy concepts and philosophy to help investors and funds understand your investment idea. Communicating your thesis and attracting investment for your projects is critical to quantitative finance. You can encourage discussion and contributions by posting interesting ideas on your team's page.
Your team must observe the following rules:
- Your team has 3-15 members.
- All members are proficient at coding with the QuantConnect API.
- All members have completed Boot Camp.
- All members have updated their Name, Profile Picture, and LinkedIn account on the platform so funds in the QuantConnect ecosystem can offer you placements.
Your algorithm must observe the following rules:
- Your algorithm is unique. Teams are penalized for submitting algorithms that are nearly identical to other competitors.
- Your algorithm is invested at all times.
- Your algorithm trades liquid securities. For Equities, this includes the top 1000 stocks, Crypto includes the top 10 coins, Forex includes the top 20 pairs, and Futures includes the top 30 contracts.
- The maximum leverage is 2.
Once you submit the form, the QuantConnect team will review your submission and list it to the Quant League.
Update Submissions
Follow these steps to update your team's algorithm:
- Log in to your account.
- On the Open Quant League page, scroll down to find your team's submission, and click .
- On the right side of the page, click .
- On the Update League Submission page, enter the algorithm name and description into the form.
- Follow these steps to attach a backtest:
- Click .
- Click the Project field and then select the project that contains the backtest that you want to attach from the drop-down menu.
- Click the Backtest field and then select a backtest from the drop-down menu.
- Click .
Your algorithm has been updated and is competing in the league. Congratulations!
Intellectual Property
The source code of each algorithm is private during its first quarter in the competition. At the end of its first quarter in the competition, the source code will be visible, even if the algorithm is submitted to the next competition. To keep your source code private, submit a new algorithm for each quarter.
Remember, the goal is to demonstrate the strength of your abilities which is easier when employers can review the code you're writing.
Corporate Sponsorships
We are proud to share the community's support for Quant League's university talent with the following three 3 sponsorship tiers. We direct all the funds we receive from the sponsorship to increasing student prizes.
| Benefit | Bronze Tier | Silver Tier | Gold Tier |
|---|---|---|---|
| Student Resume Book |  | | |
| Email Access to the Participants | | | |
| Company link featured on Quant League website | | | |
| Company logo placement on all Quant League materials | | | |
| Factor reports of every competing submission | | | |
| Live Signal Exports from all submissions | | ||
| Personalized prompts for strategy submissions | | ||
| Price (USD per quarter) | $250 | $500 | $1,000 |
With our sponsorship tiers starting at just $250 USD, we would love for you to join us in making Quant League a tremendous success! To make the contribution and support student talent, contact our team.
Pamphlet
To share information about this competition with your team members or university, feel free to download and distribute the following pamphlet.
You can also see our Videos. You can also get in touch with us via Discord.
Did you find this page helpful?
