Community

The following table summarizes the differences between Quant League and Quant League Pro:

The competition runs on a quarterly schedule. At the end of each quarter, the competition resets and the algorithms in the current competition are automatically resubmitted to the next competition.

Algorithms are simply ranked by their Sharpe ratio over the quarter, but this condition is subject to change. To view current rankings, open Quant League and then click the Pro League tab.

At the end of the quarterly competition, the top three algorithms receive prizes of $500, $300, and $200, respectively. Additionally, all participants receive QuantConnect Credit for their live node hosting cost up to $48 per month.

To add an algorithm to the competition, fill out the Pro League Submission form.

You must observe the following rules:

• You must be proficient at coding with the QuantConnect API.
• Cash deposits during the quarter result in disqualification.
• Copy QuantConnect into correspondence with investment funds.
• Keep a QuantConnect public strategy listing if you receive an allocation.
• Deploy all allocations through the QuantConnect platform.

Our goal isn't to charge users, but to grow institutional clients on QuantConnect and provide opportunities for users. To do this, we ask that allocations are done on a QuantConnect live server and that QuantConnect is copied into correspondence so we understand the challenges and process for the users. If you receive an allocation, keep the alpha listed. Otherwise, all the good ones would be immediately picked off and there would be no incentive for funds to browse the listing and no competing bids to license your alpha.

Your algorithm must observe the following rules:

• Your algorithm is unique.
• Your algorithm is actively trading.
• Your algorithm trades liquid securities. For Equities, this includes the top 1,000 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.

Follow these steps to update your Quant League Pro algorithm:

1. Stop the algorithm.
2. Update the code.
3. Re-deploy the algorithm on QuantConnect Cloud.

Authors can have up to three entries in the competition.

Members in organizations on the Institution tier can contact the Author of Quant League Pro algorithms. Funds must agree to the following terms:

• QuantConnect should be copied in correspondence with the strategy Author.
• Allocations should be done through algorithms hosted on the QuantConnect platform.
• Authors should be permitted to keep their strategy publicly listed.

These conditions are to continue the viability of Quant League Pro listings. This service is only open to commercial entities that pass accredited investor status. They must have a valid Institutional account on QuantConnect.

To allocate to a strategy, follow these steps:

1. Book a meeting with our team to ensure it's the right fit for your firm.
2. Create a Separately Managed Account in your brokerage account and assign permission to the Author to access it.
3. The Author manages the allocation with his closed-source project code.

Contract negotiations are between the Author and the Fund, and QuantConnect is not involved. QuantConnect serves as a platform for discovering talented quants in our community and facilitating introductions.

Common allocation agreements include intellectual property, revenue share, high water marks, and the allocation schedule. It's common to start with a small allocation (for example, $500K) and scale up as the strategy proves itself in live mode. For an example agreement, see the Example Allocation Agreement.