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Chi-X Co-Founder, Hirander Misra, to Speak at High-Frequency Trading Leaders Forum 2013 London

Golden Networking brings the World’s Most Influential High-Frequency Trading Conference Series, High-Frequency Trading Leaders Forum 2013 London, March 21 (www.High-Frequency-Trading.info).

New York City, NY, USA (March 18, 2013) — Mr. Hirander Misra, Chairman of Forum Trading Solutions, will speak at Golden Networking‘s upcoming High-Frequency Trading Leaders Forum 2013 London, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges”, March 21, forum that will provide attendees in London with the most up-to-date review of where this ever-changing industry stands through an inspiring keynote speeches and thought-provoking panels with leaders in the field.

Mr. Hirander is the Chairman of trading technology provider Forum Trading Solutions and Managing Director of Misra Ventures, a consultancy providing specialist senior level advisory services helping firms deliver change in market structure, trading and regulatory compliance.

Previously he was a Co-Founder and the Chief Operating Officer of Chi-X Europe Ltd, instrumental in taking the company from concept to successful launch. Established in 2007 by Nomura Holdings subsidiary Instinet, Chi-X Europe was eventually owned by a consortium of major global financial institutions including BNP Paribas, Citadel, Citigroup, Credit Suisse, Fortis, GETCO Europe Ltd, Goldman Sachs, Merrill Lynch, Morgan Stanley, Optiver, Société Générale and UBS. When it launched, Chi-X Europe was the first multilateral trading facility that launched in anticipation of the European Union’s November 2007 Markets in Financial Instruments Directive (MiFID), which paved the way for the introduction of alternative trading venues in Europe. At the time of Mr. Hirander’s departure in February 2010, Chi-X Europe was the second largest equities trading venue in Europe, just behind the LSE Group and was subsequently sold to BATS Global Markets in November 2011 for $365M.

Earlier in his career, Mr. Hirander held a variety of roles in the electronic trading space during his 8 year tenure with Instinet, most notably SVP Head of Product Development and Head of the European Exchange Linkages Group, delivering Instinet, Europe’s direct exchange connectivity product suite, and launching the first European Smart Order Routing system.

Mr. Hirander has continuously urged for stronger exchange-level controls to halt trading in India to avoid a repeat of the crash that occurred on the National Stock Exchange (NSE) in October 2012. “Algo trading and HFT isn’t inherently bad. It’s not the volume of orders that’s the problem, it’s about having the right level of monitoring and controls in the core system. Any well-designed modern system with the right checks in place should be able to handle high volumes and unexpected market events.” The India flash crash drew parallels to the 2010 US flash crash that saw the Dow Jones Industrial Average to plunge by 9% within five minutes, due to an unconstrained algo trade deployed by a mutual fund, only to recover the majority of losses 20 minutes later.

High-Frequency Trading Leaders Forum 2013, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges” will bring insights for investors and speed traders who need to protect and refine their competitive advantage in a world dominated by algorithmic and high-frequency trading. Recognized practitioners, regulators, experts, and strategists will return to High-Frequency Trading Leaders Forum 2013 to provide attendees with the information they are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

Topics that will be discussed at High-Frequency Trading Leaders Forum 2013 include the movement toward emerging markets, every time more attuned to the use of bots, the regulatory environment, how new technologies are changing the game, including a look at the upcoming regulatory changes that no doubt will be precipitated by Knight Capital’s trading glitch:

– Low Latency: How to achieve Ultra-Low Latency for High-Frequency Trading? As high-frequency trading moves towards multi-asset classes running multi-legged strategies demanding even faster execution, ultra-low latency performance becomes the focus. How will architectures evolve to meet the latency challenge? How helpful overclocking CPUs and leveraging FPGA coprocessors can result? How will wireless, cloud and big data technologies play in the speed race? How technology can enable modern applications to minimize latency while managing for high throughput?

– Emerging Markets: How will Emerging Markets from Brazil to China Affect the Scope of High-frequency Trading? With emerging markets on the rise, high frequency trading and algorithmic trading are shifting to geographies in Asia, Eastern Europe and Latin America. Which markets hold the most promise? Which asset classes can be traded in high-frequency in those markets? Are there restrictions to frequency and speed in place in any of those promising lands? What is the outlook for high-frequency trading among regulators in those markets?

– Robotic Markets: As High-frequency Trading Embraces Robotic Markets Worldwide, how Participants will be Able to Find new Opportunities to Sustain Alpha Creation? Algorithms are becoming more prevalent, faster, smarter, more self-adaptive and geographically distributed and embracing cross asset classes trading and geographies. How will robotic market impact trading, and high-frequency trading in particular? What will be the benefits quants can expect from this evolution? Will there be any disadvantages? New alpha versus alpha retention?

– Regulatory Impact: With High-frequency Trading in the Spotlight, how new Regulations will Change the Industry? With high-frequency trading the subject of great controversy and debate, many regulations will be bound to change. How will regulations impact the way traders are capturing alpha? Would there be restrictions that can possibly harm algorithmic trading? How the economic and political landscape might impact the pace and severity of these changes?

– The Future of HFT: How High-frequency Trading will Evolve in Ever-changing Technology and Regulatory Environments? There has been a dramatic shift in how instruments are traded in the market. With high frequency trading able to detect price discrepancies in microseconds, aided by technology, regulators have grown increasingly concerned about its impact in market structure and fairness. What is the outlook for the markets when all participants engage in the arms race of super smart algorithms? Where will institutional and retail investors find opportunities? Conversely, could we imagine a world without high-frequency trading?

High-Frequency Trading Leaders Forum 2013 (http://www.high-frequency-trading.info) is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

The High-Frequency Trading Conference Every Trader and Quant in London is Talking About Now March 21

Golden Networking hosts the World’s Most Influential High-Frequency Trading Conference Series, High Frequency Trading Leaders Forum 2013 London “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges”, March 21 (www.HFTExpertsForum).

New York City, NY, USA (March 15, 2013) — Which is the high-frequency trading conference every trader and quant in London is talking about? High-Frequency Trading Leaders Forum 2013, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges” (http://www.HFT-Leaders-Forum.com), organized by Golden Networking, will bring the latest on speed trading to the world’s financial capitals, London (March 21). Later in the year, High-Frequency Trading Leaders Forum 2013 is coming to New York City (May 30) and Chicago (October 8).

High-Frequency Trading Leaders Forum 2013 (http://www.High-Frequency-Trading-Conference.com) “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges” will bring insights for investors and speed traders, who need to protect and refine their competitive advantage in a world dominated by algorithmic and high-frequency trading. Recognized practitioners, regulators, experts, and strategists will return to High-Frequency Trading Leaders Forum 2013 London, New York City and Chicago to provide hundreds of attendees with the information they are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

Advanced computerized trading platforms and market gateways are becoming standard tools of most types of traders, including high-frequency traders. Broker-dealers now compete on routing order flow directly, in the fastest and most efficient manner, to the line handler where it undergoes a strict set of Risk Filters before hitting the execution venue(s). Ultra Low Latency Direct Market Access (ULLDMA) is a hot topic amongst Brokers and Technology vendors such as Goldman Sachs, Credit Suisse, and UBS. Typically, ULLDMA systems can currently handle high amounts of volume and boast round-trip order execution speeds (from hitting “transmit order” to receiving an acknowledgment) of 10 milliseconds or less.

Such performance is achieved with the use of hardware acceleration or even full-hardware processing of incoming market data, in association with high-speed communication protocols, such as 10 Gigabit Ethernet or PCI Express. More specifically, some companies provide full-hardware appliances based on FPGA technology to obtain sub-microsecond end-to-end market data processing. High-Frequency Trading Leaders Forum 2013 will provide traders, quants and technologists with the most up-to-date review of where this ever-changing industry stands and is going through an inspiring keynote speeches and thought-provoking panels with leaders in the field.

With high-frequency trading the subject of great controversy and debate, many regulations will be bound to change. How will regulations impact the way traders are capturing alpha? Would there be restrictions that can possibly harm algorithmic trading? How the economic and political landscape might impact the pace and severity of these changes?

Finally, there has been a dramatic shift in how instruments are traded in the market. With high frequency trading able to detect price discrepancies in microseconds, aided by technology, regulators have grown increasingly concerned about its impact in market structure and fairness. What is the outlook for the markets when all participants engage in the arms race of super smart algorithms? Where will institutional and retail investors find opportunities? Conversely, could we imagine a world without high-frequency trading?

High Frequency Trading Leaders Forum 2013 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by calling +1-414-FORUMS0 or sending an email to info@goldennetworking.net.

Media Contact:
Julia Petrova
Media Relations Coordinator
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

Winning the High-Frequency Trading Olympics with The Speed Traders Workshop 2012 DVD Video Package

Edgar Perez, Author, The Speed Traders, Now Introducing The Speed Traders Workshop 2012 DVD Video Package, How Algorithmic and High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai, Jakarta, London, Mexico City, Moscow, Ho Chi Minh, New York, Dubai and Chicago).

New York City, NY, USA (July 30, 2012) — Edgar Perez, author of The Speed Traders, and former McKinsey & Co. consultant and New York University Adjunct Professor, is presenting The Speed Traders Workshop 2012 DVD Video Package: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (http://TheSpeedTradersWorkshopDVD.eventbrite.com), the most comprehensive review of high frequency trading now available for the very first time on DVD in an insightful 4-disc set.

As Mr. Perez covers in The Speed Traders Workshop 2012 DVD Video Package, high-frequency trading is the use of sophisticated technological tools to trade securities like stocks or options, and is typically characterized by several distinguishing features: highly quantitative, employing computerized algorithms to analyze incoming market data and implement proprietary trading strategies, investment positions are held only for very brief periods of time, from seconds to hours, and rapidly traded into and out, sometimes thousands or tens of thousands of times a day, no net investment position at the end of a trading day, mostly employed by proprietary firms or proprietary trading desks in hedge funds and banks, and very sensitive to the processing speed of markets and of their own access to the market. The Speed Traders Workshop 2012 DVD Video Package displays an agenda full of information and insights:

1. Understanding High Frequency Trading in Equities and other Asset Classes
– The need for speed and sophisticated computer programs in generating, routing, and executing orders
– Co-location and individual data feeds to minimize latency
– Time-frames for establishing and closing highly-liquid positions
– Review of the most important strategies: market making, trend following, value arbitrage and others

2. Key Enablers for High Frequency Trading
– Technological innovation: computing power, complex event processing, and low-latency bandwidth
– Shift to electronic trading and the rise of alternative trading systems
– In-depth look at strategies high frequency traders leverage to find alpha in equities, options, futures and FX
– The profitability of typical high frequency trading strategies and its evolution

3. Global Regulatory Overview: from the U.S. and Europe to China and Brazil
– Regulations in place before the “flash crash”
– Proposed regulatory initiatives after the “flash crash” in the U.S. and Europe, circuit breakers, limit up limit down and consolidated audit trail
– High frequency trading in Asia, from Japan, Singapore and India to Hong Kong and China
– Regulating speed trading to samba beats: Brazil and Mexico

4. The Future of High Frequency Trading
– Enhancing profitability: from equities to FX to cross-asset trading
– High frequency trading in the world: from the U.S. and Europe to China and Brazil
– Adding ammunition to the high frequency trader toolkit, FPGA, GPUs and enhanced technologies
– Turning the tables on high frequency trading: the transparency challenge for the buy-side

Mr. Perez is widely regarded as the preeminent global expert in the specialized area of high-frequency trading. He is author of The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), in Mandarin by China Financial Publishing House (2012) and currently being translated into Bahasa Indonesia and Portuguese. He is course director of The Speed Traders Workshop 2012, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai, Jakarta, London, Mexico City, Moscow, Ho Chi Minh, New York, Dubai and Chicago), and was Adjunct Professor at the Polytechnic Institute of New York University, where he taught Algorithmic Trading and High-Frequency Finance. He contributes regularly to China’s International Finance News.

Mr. Perez has been interviewed on CNBC Cash Flow, CNBC Squawk Box, BNN Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been featured on Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing), Hult International Business School (Shanghai) and Pace University (New York), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area and is an accomplished salsa and hustle dancer.

Media Contact:
Julia Ye
Media Relations Coordinator
The Speed Traders
516-761-4712
jye@thespeedtraders.com
http://www.thespeedtraders.com