Optiver Challenge

Optiver Challenge team-32

Inspiration

We agreed in the team that we want to push ourselves for this hackathon, especially this our first time and we are both beginners in Python. And we really did!

What it does

Our code checks the difference between the basket best ask price and the sum of the best ask price of Amazon and Google. If basket price is less, we buy the basket and short Amazon and Google and vice versa until their prices become equal.

How we built it

Built it with Python using Cloud9 and Jupyter.

Challenges we ran into

There are only two people in the team and we are beginner Python coders. We also did not have much idea about how trading works and financial instruments so the last 24 hours have been a very steep learning curve for both of us. With all the knowledge we have now, it is a very satisfying experience even though our code was not perfect and is not always profitting.

Accomplishments that we're proud of

It has been the longest 24 hours that we have ever had! We are proud of everything we managed to complete up to this point. Not only were we able to practice our Python coding skills, we've learnt a lot about different trading techniques, financial instruments and algorithmic trading.

What's next for our Optiver Code

We are going to continue building on the algorithm and we'll continue on figuring out the best way to exit the positions acquired from the arbitrage/hedging. It is not complete at the moment but we can see that it has potential. We'll definitely learn more about algorithmic trading which would be beneficial for us in case we decide to pursue fintech when we graduate.

Built With

• python