The Alpaca company is hosting its second virtual Electronic Trading Contest, a four-week-long competition where participants compete against each other in a simulated market using the Alpaca Paper Trading feature to win cash prizes including Amazon gift cards. The contest aims to expand the community of developers and tech-savvy people around trading and welcomes various trading styles. It is open to everyone globally and starts on October 26th, 2020, with the top three participants winning a total of $200 in Amazon gift cards. Participants can track their performance in real-time using a leaderboard and are free to use any preferred algorithms and strategies without restrictions. The contest has no entry fee and submission deadline, but requires winners to result in positive returns and maintain their original Equity balance. Alpaca offers backtesting tools through integrations with third-party applications such as QuantRocket and Blueshift.