Inspiration
Every day we receive enormous amounts of information, some of which may affect us more or less. This does not only happen to us but also it affects stock market. And, if we have the capability to react on these news, why shouldn't we take advantage of it?
What it does
We have created an algorithm that processes the news about companies in the stock market and identifies whether it will affect the market in a positive or negative way. Also, we take advantage of dual listed stocks, in order to obtain a gain from price differences.
How we built it
We wrote an algorithm using first as base the given algorithm. Then we added functionalities to take advantage of price difference when an instrument is listed in two different markets.
Challenges we ran into
The biggest challenge was to understand how good we can predict shake from the news title. As long as it was done we just needed to adapt to it
Accomplishments that we're proud of
We proud of that mistakes did not brake us. We keep good team spirit and accomplished this hard task
What we learned
You need to be mindful about orders you put in the book. Always check the edge cases when working with the money!
What's next for Optiver
Speed up the solution to utilize sentiment analisys faster, take into account risk control
Built With
- huggingface
- jyputer
- python
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