Tickmill launches competition for Cyprus data scientists

Tickmill EU Ltd is proud to announce its first-ever competition for data science students in the Republic of Cyprus.

The broker explained that algorithmic traders have become a large part of their client base, which has led them to take a step forward in the machine learning and data science space. Their aim is to not only to enrich the opportunities available to budding data science students, but to also remain at the forefront of this exciting field.

With that in mind, Tickmill has launched a competition for students to predict the value of a financial asset using a financial data time series. Tickmill will be awarding first, second and third prizes to the students who have the closest scores with a 5,000 EUR prize, followed by 3,000 EUR and 2,000 EUR for second and third place, respectively.

Tickmill’s head of Quantitative Research, Chariton Christou, explained the thinking behind the competition, stating that: “Tickmill’s forecasting competition offers a unique opportunity to students by allowing them to experiment with real-world financial time series data. It’ll give students who are considering a career in quantitative analysis some insight how brokers function, and enable Tickmill to better serve its clients.”

Christou went on to explain that “as a team, we wanted to launch this kind of competition a long time ago. It allows us to identify future talent in the data science field. University students can apply state-of-the-art machine learning models to predict the market – one of the most difficult tasks in machine learning.”

He added that one of the main benefits to both students and the academic community overall, is that “students are exposed to solving real world data problems and have access to previously-unobtainable, yet realistic, financial data”.

The competition will also allow students to put their extensive knowledge to use, while providing a comparison of their skills against students from other universities.

“Overall, universities will be able to benchmark their students and develop a close relationship with a large broker to bridge the gap between academia and industry. It’s a super exciting time to be a machine learning student in Cyprus,” said Christou.

Find out more about Tickmill’s forecasting competition by following this link.