MEX Algorithmic Traders Challenge 2016 begins from today

Mercantile Exchange Nepal Limited is set to take off with the first MEX Algorithmic Traders Challenge 2016. Algorithmic trading is an advanced feature practiced internationally that facilitates the traders to program their trading strategy in order to reap the benefits of unmatchable speed and frequency of computer generated codes. The competition is organized to feature the dynamics of algorithmic trading which is a novel approach introduced in the commodity market of Nepal. The competition is set to open from 17^th November 2015. The winner of the competition will be decided based upon the strategy used, fund utilization, profits made and other features of trading.