Automated Trading Contest

[Jason Rogers 10]

FXCM is holding an automated forex trading contest which begins October 17. Trading will take place on the Strategy Trader platform which uses C# for strategy coding. The top 3 winners receive the following cash prizes: 1st - $10,000; 2nd - $7,000; and 3rd place - $3,000. Below are some important dates to note in order to participate.

 

Important Dates:

 

September 7: Contest registration opens. Begin coding and testing your automated strategy to prepare for the first day of the contest.

 

October 15: A starting balance of $1,000 will be used for the official contest. Therefore, at the close of trading on October 15th contest demo accounts will be automatically reset to $1,000 and any open positions will be settled.

 

October 17: Contest officially begins when trading opens Sunday October 17th. Participants should activate their automated strategies for trading. There is a leaderboard on the contest page which will update hourly with the current leaders.

 

December 3: Contest trading period ends. Final equity levels will be recorded and prizes will be awarded to the top three contestants

 

If you're going to participate, please make sure to register for the demo though the contest page. All information including FAQ's can be found on the contest website: http://www.fxcm.co.uk/automated-forex-trading-contest.jsp

[es49 10]

Nice!

Although you don't need the $10000 if you have a winning system

[SonicTrader 10]

I dont think that 10k can be interested for professional auto traders.

[Jason Rogers 10]

I dont think that 10k can be interested for professional auto traders.

 

Another contest is being held in early 2011 with prizes totaling $100k.

 

Here's the contest standings thus far with 22 days left in the contest.