广州的李Stan在2006的首届IB自动交易大赛中获得第五,现被IB雇用

Discussion in 'Interactive Brokers(盈透)' started by weijian, Nov 28, 2007.

  1. Stan Li在首届IB大学生自动化模拟交易中花了几个周的时间,研究出自己的自动交易模型,在八周内收益25%。他当时在纽约城市大学修统计学硕士的学位。
    后来,李被IB公司雇用。
    请参看照片
    原新闻链接:http://news.medill.northwestern.edu/chicago/news.aspx?id=70479

    Beth Perkins

    Stan Li
    and Bharath Govindarajan, who ranked fifth and second respectively in the first Olympiad in 2006, were hired after graduation to work at Interactive Brokers.




    The game is on: students compete for online trading prize of $100,000

    by Jaya Jiwatram
    Nov 27, 2007




    Third Annual Collegiate Trading Olympiad Details

    Host: Interactive Brokers Group Inc.
    Open to: Full- and part-time undergraduate and graduate students with programming experience from the United States, Mexico, Europe, Asia and Canada (except Quebec)
    Details: A chance for students to create and implement a real time program trading application and execute dummy trades using $100,000 in phantom money during an eight-week period. The competition will be limited to 2,000 students and will be accepted on a first-come, first-served basis. Application deadline: Dec. 31, 2007
    Trading commencement: 12:01 AM Eastern Time, Jan 7, 2008
    Trading period: 8 weeks
    Application fee: None
    Phantom money: $100,000 per student
    1st Prize: $100,000 (real)
    Total cash prize awards: $400,000
    E-mail (for further questions): ibtradingolympiad@interactivebrokers.com
    Website: http://www.interactivebrokers.com/en/general/education/IBTradingOlympiad.php


    Eight weeks is all it took for 22-year-old Brian Eckerly to turn $100,000 in an online brokerage account into $394,190 using a program he developed to trade a variety of securities through a professional trading platform.
    Yes, it was only phantom money he used to make dummy trades as part of Interactive Brokers Group Inc.'s College Trading Olympiad earlier this year. But the $100,000 first prize was real.
    Eckerly, an electrical and computer engineering student at Ohio State University, walked away with his reward before graduating in March.
    "I thought that it was something to compete in, something that I had the ability to try," said Eckerly, now a data analyst for Capital One Financial Corp. in Dallas. "It was pretty exciting to find out that I won." He put his prize money to work in the real stock market.
    Students who missed out this year can look to next year: $400,000 in cash rewards with another first prize of $100,000, in the third annual trading Olympiad hosted by Interactive Brokers, an automated global electronic market-maker and broker headquartered in Greenwich, Conn., with branches in Chicago and worldwide.
    Set to commence Jan. 7 for eight weeks, the trading competition is open to full- and part-time students with programming experience in the United States, Mexico, Europe, Asia and most parts of Canada. Applications, resumes and trading plans must be submitted by Dec. 31.
    Participants, who get $100,000 in online phantom money to trade with, are required to execute a minimum of 25 dummy trades in real time using their own algorithms on any combination of products including U.S. stocks, bonds, options, futures, commodities and foreign exchange that are available through Interactive Brokers.
    Although students may not use outside help, they may use a multitude of programming languages including Java, C++, C, and Visual Basic to carry out their trading plans on Interactive Brokers' Trader Workstation Application Program Interface (API), the same platform professional traders use to create automated trading programs.
    "Implementing [a trading strategy] was difficult, but that's what the whole challenge is about," said Eckerly, adding that there's not much you can change with your system once trading commences.
    Fifth-place winner of the first Olympiad in 2006, Stan Li, 28, from Guangzhou, China, agreed that developing a plan was the most difficult part of the process, which he said took him one month to figure out but brought him around 25 percent in profits with his phantom money.
    The best thing you can do, he said, is stay away from books.
    "Be creative, create some unique trading strategy," said Li, who was a part-time computer science graduate student at the University of Toronto during the competition and now does programming and quantitative analysis for Interactive Brokers.
    Although the competition is challenging with large cash rewards and the possibility of being hired afterwards, Interactive Brokers' spokesman Andrew Wilkinson said the point is not just the profit.
    "We are not necessarily concerned by who makes the most money, but more concerned with a candidate's ability to write something complex and that is robust," Wilkinson said.
    He added that there's a big shortage of programmers for trading positions and that the competition addresses that gap.
    "As the company owner says, it's harder to take a former trader and teach him or her programming than it is to find a programmer and teach them to trade," Wilkinson said.
    To students, of course, the cash reward is the big draw.
    "The prize is very attractive," said Li, who thinks the competition will be tougher in the upcoming Olympiad now that entries are open to students in Asia for the first time. "The first place prize is $100,000. That's a lot of money for Asian students."
    The second place winner of the 2006 Olympiad, Bharath Govindarajan, 28, from Chennai, India, ran his online phantom trading account up to about $183,000. He used his $25,000 cash prize to pay off some of his education loans at City University of New York, from which he graduated last year with a master's degree in applied mathematics. He, too, was hired by Interactive Brokers.
    The opportunity to use a professional trading platform not limited by geography or asset class, said Govindarajan, was an added perk, setting it apart from other competitions.
    Similar contests include the Rotman International Trading Competition, the Automated Trading Championship, and FX Futures.com's The Million Dollar Trading Competition.
    Li said he has seen a lot of programming contests and trading contests, but the Olympiad is different because of the mix of the two fields and the chance to create a unique strategy with a variety of different products.
    Eckerly, Li and Govindarajan agreed there was nothing to lose by entering.
    "You get access to one of the best software in the world, you get to try it for free and possibly win money," Govindarajan said. "So, why would you want to lose this opportunity?"​
     
  2. 雇用他做什么?做交易还是做开发??
     
  3. 是啊,雇佣他做什么?
     
  4. 开发。IB公司的程序员数量据不准确的估计,占全部员工比例的40%以上。
     
  5. 那个棕色种人一看就是印度裔!
     
  6. 我看象是南亚地区的,有可能是马来西亚人呢,呵呵