{
  "id": 1303,
  "title": "Welcome!",
  "url": "/competitions/benchmark-bond-trade-price-challenge/discussion/1303",
  "author_name": "",
  "post_date": "2012-01-27T02:12:04.560Z",
  "votes": null,
  "comment_count": 2,
  "views": 1726,
  "content": "<p>We're very excited to launch the Benchmark Bond Trade Price Challenge!</p>\r\n<p>Please let us know if you have any questions about the data or competition setup.</p>",
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    {
      "id": "8278",
      "postDate": "01/27/2012 02:12:04",
      "content": "<p>We're very excited to launch the Benchmark Bond Trade Price Challenge!</p>\r\n<p>Please let us know if you have any questions about the data or competition setup.</p>",
      "rawMarkdown": "",
      "votes": null
    },
    {
      "id": "8473",
      "postDate": "02/07/2012 20:31:12",
      "content": "<p>I'm new to the site, and I apologize for the silly question, but what exactly is the problem statement? I browsed through all the sub-pages for this and all I could find was what\r\n<em>wasnt</em> the problem statement (synthesizing all of the bonds and cds quotes and trades of a given issuer into implied hazard and funding curves), some information on inputs (we provide you with a reference price which is an intermediate result of our\r\n calculations...) and a general objective (...the competition focuses on trading dynamics and microstructure of individual bonds, rather than all bonds from a given issuer.) And I found the line &quot;Contestants are asked to predict trade price&quot; on the data page.</p>\r\n<p>So is the objective to find the trade price based on the last ten trades and based on the (0-10sec old) theoretical price? &nbsp;I'm assuming you mean the trade price if there was a trade at this moment? &nbsp;What sort of trade price (<span>2=customer sell, 3=customer\r\n buy, 4=trade between dealers)?</span></p>",
      "rawMarkdown": "",
      "votes": null
    },
    {
      "id": "8475",
      "postDate": "02/07/2012 22:22:12",
      "content": "<p>The goal of the competition is to predict the trade price. &nbsp;Details of the trade are given as are details of the previous 10 trades, though the time frame of these previous trades varies greatly. &nbsp;Also given is a &quot;curve_based_price&quot; which is an intermediate\r\n result that we have calculated to attempt to mix in all sorts of information about bond pricing based on other related bonds, cds quotes, interest rates and other factors.</p>\r\n<p>On a more qualitative level, we are looking to explore how trade prices act in various time frames and how these actions relate to various aspects of the bonds (time to maturity for example) or the trades (customer trades or trades of small size for example).\r\n &nbsp;We think that in many cases curve_based_price is a good guess at a medium term price, but short term price action sometimes has different factors.</p>",
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      "votes": null
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  ],
  "comments": [
    {
      "id": 8473,
      "author_name": "serafina0",
      "author_url": "",
      "post_date": "02/07/2012 20:31:12",
      "content": "<p>I'm new to the site, and I apologize for the silly question, but what exactly is the problem statement? I browsed through all the sub-pages for this and all I could find was what\r\n<em>wasnt</em> the problem statement (synthesizing all of the bonds and cds quotes and trades of a given issuer into implied hazard and funding curves), some information on inputs (we provide you with a reference price which is an intermediate result of our\r\n calculations...) and a general objective (...the competition focuses on trading dynamics and microstructure of individual bonds, rather than all bonds from a given issuer.) And I found the line &quot;Contestants are asked to predict trade price&quot; on the data page.</p>\r\n<p>So is the objective to find the trade price based on the last ten trades and based on the (0-10sec old) theoretical price? &nbsp;I'm assuming you mean the trade price if there was a trade at this moment? &nbsp;What sort of trade price (<span>2=customer sell, 3=customer\r\n buy, 4=trade between dealers)?</span></p>",
      "votes": null,
      "replies": []
    },
    {
      "id": 8475,
      "author_name": "danglaser",
      "author_url": "",
      "post_date": "02/07/2012 22:22:12",
      "content": "<p>The goal of the competition is to predict the trade price. &nbsp;Details of the trade are given as are details of the previous 10 trades, though the time frame of these previous trades varies greatly. &nbsp;Also given is a &quot;curve_based_price&quot; which is an intermediate\r\n result that we have calculated to attempt to mix in all sorts of information about bond pricing based on other related bonds, cds quotes, interest rates and other factors.</p>\r\n<p>On a more qualitative level, we are looking to explore how trade prices act in various time frames and how these actions relate to various aspects of the bonds (time to maturity for example) or the trades (customer trades or trades of small size for example).\r\n &nbsp;We think that in many cases curve_based_price is a good guess at a medium term price, but short term price action sometimes has different factors.</p>",
      "votes": null,
      "replies": []
    }
  ],
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