Competition  · 

Kaggle and Optiver: Predicting Nasdaq’s Closing Cross Auction Movements

The financial world doesn’t just move fast; it thinks ahead. As the Nasdaq trading day draws to a close, every decision, every prediction becomes pivotal.

Optiver is partnering with Kaggle to present a unique challenge centred on these crucial moments. We are inviting data scientists from all backgrounds and experience levels to develop models that predict the closing movements of the Nasdaq Closing Cross auction.

Trading, technology, and the countdown

As a market maker operating at the heart of this financial landscape, Optiver leverages technology to trade an extensive range of financial instruments worldwide. Characterised by increased volatility and rapid price fluctuations, this period sets the tone for the global economic narrative of the next day.

However, the challenge is not just about predicting prices. It involves integrating traditional order book trading with price auction data, consolidating signals and ultimately enhancing market efficiency.

A data deep dive

Participants will be provided with extensive order book and closing auction data from the stock. With such a wealth of data, the challenge lies in harnessing it, understanding the underlying patterns and predicting the closing movements. Over three months, you’ll have the opportunity to develop and refine your model, gaining first-hand experience of the intricate challenges faced daily by traders, quantitative researchers and engineers at Optiver.

Ready for the challenge?

For data scientists eager to showcase their analytical skills, this competition offers not only a real-world challenge but also the chance to win a share of the $100,000 prize pool!

Register by 13 December to participate.


Related Articles

  • Competition

    Optiver launches TraderHack: a 24-hour hackathon for US/EU/UK students

    Optiver is excited to announce TraderHack, a 24-hour hackathon designed to introduce you to the dynamic world of algorithmic trading. We’re inviting STEM students and recent graduates from the US, EU and UK to code against the clock to be in with the chance of winning the first place prize of €10,000. Over the course […]

    Learn more
  • Competition, News

    Bring Your A-Game: Optiver Launches First Data Science Competition

    Optiver is excited to launch our first global data science competition. To reach the brightest minds, we’re teaming up with Kaggle, the world’s largest data science and machine learning community. Together, we’re tackling a real-world trading challenge: predicting volatility. We’re calling on data scientists from all backgrounds, experience levels and walks of life. Have you got what it takes?

    Learn more