On October 10, 2020, the "First Global Digital Asset Market Maker Competition and the Third Global Digital Asset Quantitative Trading Competition" co-organized by Gate and TokenInsight has come to a successful conclusion. This competition has successfully built an open communication platform for digital asset exchanges, investors and outstanding managers across the industry, attracted many teams to participate and discovered many outstanding market makers and quantitative teams.

During the competition, 92 registered teams have fully participated and Gate will provide all participants and winners with exclusive rates market maker competition and the asset management competition and generous prizes. All the participating teams in this competition are categorized into 2 division, the market maker competition and asset management competition , and 4 strategy groups according to the different standard units (BTC standard, USD/USDT standard) and strategy type (trend/composite, arbitrage) Out of all the participants, participants for the market maker competition accounted for 24.1% and 75.9%. for the asset management competition. Whereas, in the asset management competition, trend/composite strategy products accounted for 64% in total.

During the competition, our committee also selected the monthly champion of August. In the quantitative trading competition, TMaker won the double champion of the arbitrage strategy group (USDT, BTC), Sharpdata team won the trend/composite strategy group (BTC) champion, and DigiFinex asset management team won the trend/complex strategy group (USDT) champion. While, in In the market maker competition category, BitWex won the crypto trading group champion, and Ribuluo (日不落)team won the perpetual contract group champion.

After more than two months of extensive competition, the market maker and quantitative trading contest finally ended perfectly.

The following is the final ranking list for this competition:

Congratulations to the above winning teams, thank you for your hard work in the past two months, and we wish all of your future trades be a huge success as always.

Quantitative investment requires professionalism and has a high entrance barrier. After more than two months of fierce competition, this competition not only has selected a group of outstanding quantitative teams for the quantitative market, but also made Gate full of rewards. Recently, in order to cater to the trend of quantitative trading, Gate has also added a “quantitative” area, providing new trading tools such as custom condition order, grid trading, and CTA signal tracking, making it more convenient for users to participate in quantitative trading.

In the future, Gate will also strive to launch more innovative quantitative trading tools, engage in more diverse quantitative trading competitions and we sincerely welcome the active participation of all outstanding teams, who would work with us to promote the sustainable and healthy development of the industry.

Gate is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. We always intend to improve and innovate to reward our users for their continuous support.

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Gate Team
October 16, 2020

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