The 2nd KRX Stock Investment Algorithm Competition Held

Preliminary Applications from July 3 to August 21
Collaboration Opportunities with Exchange if Awardees' Business Potential is High

The Korea Exchange is holding a stock investment algorithm competition.

On the 2nd, the Korea Exchange announced that it will host the 1st KRX Stock Investment Algorithm Competition. This event was organized to expand its data business and discover creative algorithm-based services.

Participants can create stock investment algorithms that are expected to have high stability and profitability by utilizing various data, including capital market data owned by the exchange and public data, and submit them on the competition platform.

Anyone can participate regardless of being an individual or a corporation. However, participating teams must be composed of Korean nationals (up to 4 members), and single-person teams can also apply.

The preliminary round will select the top 50 teams with the highest returns on the Dacon platform. Applications for the preliminary round are open from July 3 to August 21. Participants can apply and submit their results on the competition website.

The announcement of teams advancing to the finals will be on August 25. The finals will be held from September 4 to October 1. The top 5 teams with the highest returns will be selected on the Koscom Cloud platform. Virtual investment evaluation of algorithms submitted to the finals will take place from October 2 to October 31.

The award ceremony will be held on November 16. Five teams will be awarded. The grand prize is 20 million KRW, two excellence prizes of 10 million KRW each, and two encouragement prizes of 5 million KRW each. Algorithms selected as award-winning works, if judged to have high business potential, will be utilized as new data business content of the exchange through collaboration with the winning teams.

This content was produced with the assistance of AI translation services.