OLAM PITBULLS

- Building future generation traders

IIM CALCUTTA
16 September 2015

OLAM PITBULLS
Pit Bulls a competition to introduce young individuals to the trading
environment & provide opportunity to solve real life trading challenges
Competition for the premier B-schools
1st Prize : INR 2,00,000

OLAM
PITBULLS

2nd Prize : INR 1,00,000

A golden ticket for aspiring traders to get a sneak peek into trading

COMPETITION GUIDELINES
Objective - To Develop a Successful Systematic Trading Strategy
Teams will be provided time series data of 3
related commodities
Trading strategy may either be on any
individual commodity or on a combination
Strategy may be time based (daily/weekly) or
technical indicator based
Trading logic should be robust
Teams of maximum 4 (PGP2 and/or PGP1)
Maximum of 2 strategies per team accepted
Each team will be assigned an Olam trader as Mentor for guidance

EVALUATION CRITERIA
Each team has notional $1m to invest in any price series at its discretion
Results will be evaluated on 3 criteria
Logic of the strategy
Absolute profit generated & risk metrics
Strategys performance on future price
data of the underlying commodities

Future data refers to the actual price data of the underlying following
the period for which the initial data is provided to the teams

PRICE DATA SERIES

You be provided 10y price series data of 3 related commodity futures
X-axis : product contract months
Y-axis : successive trading days
Price data of 4-5 nearest contract
months provided for the analysis
Active position may be taken only
in first 3 near months

Contract Months

Tradin
g Days

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53

98.79
100.54
104.24
106.60
105.39
105.52
105.86
106.73
108.08
108.08
108.08
108.75
107.27

101.35
102.96
106.87
108.69
107.47
107.68
108.08
108.22
110.37
109.90
109.76
110.51
109.02
108.28
108.48
109.29

103.84
105.66
109.63
111.25
110.24
110.30
110.64
110.84
112.73
112.46
112.19
113.00
111.45
110.64
110.84
111.65

109.97
111.18
115.82
116.90
115.76
116.03
116.43
116.43
118.18
117.78
117.85
118.72
117.04
116.30
116.43
117.17

111.45
112.59
117.31
118.18
117.17
117.17
117.51
117.51
119.19
119.06
118.92
119.87
118.18
117.37
117.51
118.52

120.20
119.19
118.86
119.53
118.86
121.21
121.21
121.21
121.89
120.20
119.19
119.19
120.40

Next successive contracts get added after any contract expiry

TRADING AND ENTERING POSITIONS

Positions can only be entered / closed on the current prices
Trading algorithm can only use
past trading days data to
generate buy / sell / hold signals
Positions may be taken on price,
inter- and intra-product spreads

Contract Months

Tradin
g Days

38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53

98.79
100.54
104.24
106.60
105.39
105.52
105.86
106.73
108.08
108.08
108.08
108.75
107.27

101.35
102.96
106.87
108.69
107.47
107.68
108.08
108.22
110.37
109.90
109.76
110.51
109.02
108.28
108.48
109.29

103.84
105.66
109.63
111.25
110.24
110.30
110.64
110.84
112.73
112.46
112.19
113.00
111.45
110.64
110.84
111.65

109.97
111.18
115.82
116.90
115.76
116.03
116.43
116.43
118.18
117.78
117.85
118.72
117.04
116.30
116.43
117.17

111.45
112.59
117.31
118.18
117.17
117.17
117.51
117.51
119.19
119.06
118.92
119.87
118.18
117.37
117.51
118.52

120.20
119.19
118.86
119.53
118.86
121.21
121.21
121.21
121.89
120.20
119.19
119.19
120.40

At contract expiry, positions have to be unwound

FINAL RESULTS SUBMISSION

Final submission to include the algorithm and executive summary
Working excel template / algorithm code
May develop strategies using excel template
or any coding language
Results have to be computable upon changing
the input data series

Executive Summary about the strategy

logic and its performance on given data

COMPETITION TIMELINE

Registrations open
Last date of team registration

16th Sep15
21st Sep15

Distribution of Price Series Data 22nd Sep15

Last date for submitting strategy 9th Nov15
Final Presentation & Results

24th Nov15

To register, send an email to pitbulls@olamnet.com with the team

name, members names and email addresses

QUESTIONS