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Jeff Koch takes the April Quantopian Open, Wins $100,000 IB Account

Jeff Koch, winner of the April Quantopian Open. Jeff's algorithm, submitted to the contest in January, captured victory with its strong paper trading results. Jeff's strategy will manage $100,000 of Quantopian's money for six months, after which he will keep all the profits he generates.

Jeff Koch is the Sr. Capacity Analyst for Citrix and works with the Technical Operations and Engineering teams in the development of performance and capacity planning. Prior to Citrix, Jeff worked in the Corporate Development department for Conversant Media as a Sr. Financial Analyst with duties including M&A Analysis, corporate budgeting, and other financial responsibilities. An algorithmic trading devote, Jeff says "My goal is to create strategies that remove the emotional aspects of investing."

You can follow Jeff, Simon, and Grant's progress on the winners page.

More importantly, Jeff and other contenders in the Quantopian Open are well on their way to building the track record needed for selection into the Quantopian Managers Program, our crowd sourced hedge fund. Even if you don't win the contest, a strong Sharpe ratio, low beta and low correlation with your peers can put you at the top of the list for hedge fund consideration.

Want to be next months winner? Head to your best algorithm and click the "Enter Contest" button to launch your campaign for algorithmic trading glory!

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6 responses

I think you've provided some very sage advice Andrew. Best of luck to the May contestants!

Congratulations Jeff

Hi Jeff,

Welcome to the winners circle. Best of luck. If I can't get above $100K by the end of my 6 months, I'm hoping to be as close to $90K as possible, to maximize the pain to the Wall Street backers of Quantopian. The least entertaining scenario would be to end up right at $100K. It'll only be a "Hack Wall Street" event if I make money, or they lose big time. : - ) (ASCII emoticon indicating an attempt at humor)

Grant

Well done, I was very busy last few days I wanted to see if those crazy moves Apple twiter would have changed the rank.

Isnt this 6 month a long time without being able to change the algo/improve it?

Congrats Jeff

thanks all.

@Grant ya, it is going to be an interesting 6 months especially since I think the market is ready for a decline, hopefully we don’t test the 90k. humor acknowledged ;)

@Lucas, 6 months seems fair to me, especially since track records are built over years.