The first part of the prize is some consulting assistance. We will work on making the algorithm more robust and make sure it's ready for live trading.
Then, we'll start the monetary part of the prize: 6 months of trading $100,000 of our money. At the end of every calendar month, we'll pay him 75% of the profits that he is due, and at the end of the 6 month run he'll get the full 100% of the profits he's earned.
Andreas joined us very recently, in August, and quickly hammered out a winning algorithm. I'm hoping to get a longer interview with him later this month, and perhaps even a general overview of his winning strategy.