Daily Archives: March 19, 2013

Business

Edgar Perez, Keynote at London HFT Conference, Warns of Impending Correction in US Equities Markets

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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.High-Frequency-Trading-Conference.com).

New York City, NY, USA (March 19, 2013) — Mr. Edgar Perez, author of The Speed Traders and the forthcoming Knightmare on Wall Street, and keynote speaker at Golden Networking’s High-Frequency Trading Leaders Forum 2013 London, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges”, March 21, warned of an impending correction in the US equities markets coming as early as in the second quarter. The full article can be read at his blog, http://www.TheSpeedTraders.com, though this link: http://thespeedtraders.wordpress.com/2013/03/17/the-correction-in-the-us-equities-markets-nobody-wants-to-talk-about-edgar-perez-hft-speaker.

Mr. Perez attributed the recent Dow Jones Industrial Average’s (DJIA) longest winning streak since 1996 to very good corporate earnings and monetary policy that pushes investors to take risks in equities. So he asked himself if the earnings momentum is sustainable. “Unfortunately, savings from the smaller share of the pie from labor, government spending and earnings coming from emerging markets (EM) outside the US are all factors that will be curtailed at some moment. Is the Fed eager to continue being the huge player in this equation? Some of its members are increasingly worried about the effectiveness of the continued QE; if the labor market recovers, as the January numbers showed, the Fed most probably might be ending its bond purchases soon.”

“What the equity markets want indeed is stable and/or predictably increasing US profits and the Fed to stay in the bond markets. Somebody has ironically suggested that markets’ best hope might be a cut in government spending deep enough to kill job growth and indefinitely extend QE, something that nobody else would agree with. Instead, markets would be happy with a bit of positive news today followed by another bit of negative news tomorrow. Unfortunately for the markets, profits will start showing stagnation starting with first quarter results. Federal Reserve said in September 2012, when QE3 was announced, that it would start pumping $40 billion a month to purchase agency mortgage-backed securities (MBS) until the labor market improves substantially. When will the Fed determine that the job market has made enough progress to reduce stimulus? The numbers for February will prove paramount in this regard. As these two important factors converge in a nightmarish scenario, equities markets should beware of the ensuing correction, coming as early as in the second quarter.”

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 Sohu, News.Sina.com, 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 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), published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat: Pandangan Orang dalam tentang Fenomena Baru Frekuensi Tinggi yang Mentransformasi Dunia Investasi, published in Bahasa Indonesia by Kompas Gramedia (2012).

Mr. Perez 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) and was Adjunct Professor at the Polytechnic Institute of New York University, where he taught Algorithmic Trading and High-Frequency Finance. He contributes to The New York Times and China’s International Finance News and Sina Finance.

Mr. Perez has been engaged to present to the Quant Investment & HFT Summit APAC 2012 (Shanghai), 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 CME Group’s Global Financial Leadership Conference 2012 (Naples Beach, FL), 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.

High-Frequency Trading Leaders Forum 2013, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges” (http://www.HFT-Leaders-Forum.com) 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.

High-Frequency Trading Leaders Forum 2013 (http://www.high-frequency-trading-conference.com) 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

Business, Management

Bart Bracken Joins HMC HealthWorks

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HMC HealthWorks (www.hmchealthworks.com) announced today that Bart Bracken has joined the company to further develop their strategic planning, marketing, business development, product development, and program management for both private and public sector.

Jupiter, FL, USA (March 19, 2013) — Bart Bracken comes with more than 25 years of experience in the healthcare and disability industries as a consultant, and serving in senior leadership positions with large managed care organizations and specialty entrepreneurial companies. Bart joins HMC HealthWorks as Executive Vice President of Operations. Bart comments “I am excited to start a new challenge with HMC HealthWorks and look forward to working with the team to further develop their already extensive products and services. I am fortunate to be joining such a respected company that prides itself on customized health and wellness programs.”

According to Dr. Janis S. DiMonaco, President and CEO of HMC HealthWorks, “Bart’s broad based experience in the healthcare industry has already made him a key addition to the HMC HealthWorks family. As our program and service offerings continued to expand, and the demands from our clients increased, we recognized that we needed an experienced professional who will fit in within our mission and culture. Bart will play an essential role in providing and implementing high quality solutions for our clients.”

About HMC HealthWorks
HMC HealthWorks is a premier provider of health and wellness programs. HMC HealthWorks takes the time to understand each organization’s culture and suggest programs that are customized to fit within their needs. Privately held, HMC HealthWorks is based in Jupiter, Florida, with locations across the US. To learn more about HMC HealthWorks please visit: http://www.hmchealthworks.com or call: (413) 263-6683.

Media Contact:
Staci McKelvey
HMC HealthWorks
1001 N. US Highway 1, Suite 604
Jupiter, FL 33477
(413) 263-6683
smcKelvey@hmcebs.com
http://www.hmchealthworks.com

Business

Controlling Risk of Lightning High Speed Trading at High-Frequency Trading Leaders Forum 2013 London

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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.High-Frequency-Trading.info).

New York City, NY, USA (March 19, 2013) — A handful of high-frequency trading firms accounted for an estimated two thirds of overall trading volume on U.S. equities markets in the last five years. One firm with such a computerized system traded over 2 billion shares in a single day in October 2008, amounting to over 10 percent of U.S. equities trading volume for the day. What are the advantages and disadvantages of this technology-dependent trading environment, and how are its risks controlled?

Carol Clark, Senior Policy Specialist in the financial markets group at the Federal Reserve Bank of Chicago, will be joining other high-profile speakers at the most influential high-frequency trading conference in the world, Golden Networking’s High Frequency Trading Leaders Forum 2013 London, March 21 with the keynote speech “Risk Controls and High-Frequency Trading”. Anyone interested or involved in high-frequency trading will be able to gain inside knowledge at High Frequency Trading Leaders Forum 2013 (http://www.High-Frequency-Trading.info) “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges,” which brings insightful keynote speeches and highly regarded panels.

Ms. Clark’s work focuses on public policy issues relating to trading (high speed trading, high frequency trading and algorithmic trading), market microstructure, clearing, settlement and payments.

Prior to joining the financial markets group, Ms. Clark held a variety of positions at the Bank including national market research manager in the customer relations and support office, payments research manager in the economic research department, examiner in the capital markets unit, research coordinator in the national book-entry securities office and analyst in the loans and reserves department.

Her research has been published in the Journal of Payment Systems Law and the Federal Reserve Bank of Chicago’s Chicago Fed Letter and Economic Perspectives. Ms. Clark has a B.A. from St. Xavier College and an M.A. from the University of Chicago.

High-Frequency Trading Leaders Forum 2013 (http://www.High-Frequency-Trading.info) “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, which is increasingly attuned to the use of bots, and the regulatory environment, specifically how new technologies are changing the game, including a look at the upcoming regulatory changes that undoubtedly will be precipitated by Knight Capital’s trading glitch.

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

Travel

Luxury Travel Vietnam to Seek Growth from Halal Tourism

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Luxury Travel Ltd. Attends TTC Indonesia 2013 to Attract High-End Indonesian Halal Tourists to Vietnam.

Hanoi, Vietnam, March 19, 2013 – Vietnam’ First Halal and Holiday Operator (www.luxurytravelvietnam.com) to Promote Vietnam Halal Tourism in Indonesia.

Vietnam’s first luxury tour and travel operator has launched its website www.vietnamhalalholidays.com and a Vietnam guidebook for Muslim tourists visiting the country.

Luxury Travel Vietnam has just launched the first luxury halal tour and holiday operator focusing on Muslim tourists from Brunei, Malaysia, Singapore, Indonesia, India, Turkey, and the Middle East visiting Vietnam in 2013, the company has said.

“We have reserved special tours for Muslim travellers, halal food restaurants and mosque locations. We expect to host around 800 -1000 Indonesian Muslim travellers in 2013,” said CEO and Founder Pham Ha of Luxury Travel Ltd.

Pham Ha said: “The Muslim population in Indonesia shows immense potential. Demand from this segment is picking up and is expected to increase, thanks to direct flights between South-east Asian countries, including the latest flight to (Ho Chi Minh City) from Jakarta four times per week.

“Also, no visa is needed for most citizens travelling between ASEAN countries,” he added.

The Luxury Travel Ltd. is set to introduce the halal tours and holidays at the TTC Indonesia on March 25-27 in Jarkata and Surabaya, Indonesia.

Vietnam-based Luxury Travel Ltd (www.luxurytravelvietnam.com) is a long established Asian specialist in the art of travel and serves today’s most sophisticated travelers with luxury privately guided and fully bespoke holidays in Vietnam, Laos, Cambodia, Myanmar and Thailand. Luxury Travel excels in designing tailor-made tours and providing unique travel experiences to fulfill the most sophisticated traveler’s expectations. Luxury Travel Ltd. has won numerous travel awards for excellent performance, including the most recent award: Best Luxury Tour Operator. www.facebook.com/luxurytravelcompany

Contact:
Linh Doan
Luxury Travel Ltd
05 Nguyen Truong To Str.,
Ba Dinh Dist, Hanoi 84444
Vietnam
84439274120
marketing12@luxurytravelvietnam.com
http://www.LuxuryTravelVietnam.com

Business

Saudi Arabia Sanitary Ware Market Projected to Reach US$ 1.42 Billion (SAR 5.3 Billion) By 2018 Says TechSci Research

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Real estate growth, government initiatives and high disposable income is making the future of sanitary ware industry more promising in the Kingdom.

Vancouver, Canada, March 19, 2013 — According to recently published report by TechSci Research “Sanitary Ware Market Forecast & Opportunities, 2018“, the sanitary ware market’s revenues in Saudi Arabia are expected to grow at a CAGR of over 21% during the period 2012-2018. This will drive the market value of sanitary ware industry of Saudi Arabia to reach at around USD 1.42 Billion by 2018 from USD 445 Million in 2012. The central and the western regions are the highest contributor in the sales volume of sanitary ware products in Saudi Arabia. These regions have the advantage of both the high population as well as their economic strength. Some of the important markets in these regions are Riyadh, Mecca, Medina, etc.

Saudi Arabia is one of the main hubs for sanitary ware market players in GCC (Gulf Cooperation Council) region. The sanitary ware market of Saudi Arabia is more promising than rest of the neighboring nations as various projects are under process in Saudi Arabia. Over 70% of the sanitary ware products demand in Saudi Arabia is being fulfilled by imports. Some of the major sanitary ware industry’s players are Saudi Ceramics, RAK Ceramics and Casa via, etc.

The measures taken by the Saudi Government have been playing an instrumental role in shaping the future of sanitary ware industry. The Saudi government has allocated huge budgets for various projects such as the construction of 742 schools, 40 colleges and universities. The Saudi government has also announced its decision to build around 5,00,000 housing units and has increased its real estate budget by a astonishing figure of USD 10.7 Billion (SAR 40 Billion). The expenditures of the Saudi government on real estate have been growing at a rate of over 13% annually to meet the increasing demand of real estate in Saudi Arabia, outlines TechSci Research report.

The rising demand for houses in Saudi Arabia has led to the considerable growth in the real estate sector. The demand for sanitary ware products from the housing sector has remained the backbone for the sanitary ware market in Saudi Arabia. The rising domestic as well as the expatriate population, high urbanization, increasing nuclear families trend, etc. have led to the higher demand of houses than the earlier times. The high disposable income of individuals in Saudi Arabia has enabled the individuals in Saudi Arabia to purchase the apartments. In Saudi Arabia, the demand for high end models of sanitary ware products is also quite significant and large numbers of individuals in Saudi Arabia are not hesitating to invest extravagantly in the high valued sanitary ware products. This is mainly due to the high purchasing power capacity of consumers in Saudi Arabia. At present, the population of Saudi Arabia is over 27 Million, due to which it has emerged as one of the most emerging markets for the real estate industry in the GCC. The demand for houses is expected to increase further, which would directly make an impact on the sales of sanitary ware products in Saudi Arabia.

“The dynamics of the sanitary ware industry in Saudi Arabia are expected to change in near future as the domestic companies like Saudi Ceramics, etc have started increasing their production capacity. This factor along with the measures taken by the Saudi government to support the domestic companies is likely to reduce the dependence of Saudi Arabia on the imported items.” said Mr. Karan Chechi, Research Director with TechSci Research.

The report provides detailed overview of the Saudi sanitary ware market. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in the coming years. The report will help various stakeholders to align their market centric strategies according to ongoing and expected trends in future.

About TechSci Research

TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in five verticals – Information Technology, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity, that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry. For more information, please visit http://www.techsciresearch.com.

Media Contact:
Ken Mathews
TechSci Research
2950, Boundary Road,
Burnaby, British Columbia,
Canada – VM5 3Z9
E-Mail Contact
Tel: +1 646 360 1656
http://www.techsciresearch.com

Automotive

Video-In-Motion Unlock Module SmartTV Available for New Mercedes-Benz Convertibles

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The SmartTV aftermarket add-on video-in-motion unlock module offered by automotive electronics specialist Mods4cars is now available for the new Mercedes-Benz E-Class, SLK and SL Convertibles. Video playback while the car is in motion can be quickly unlocked and locked with a key combination on the multifunction steering wheel. This allows passengers to enjoy the full functionality of the onboard DVD and TV entertainment system.

Las Vegas, NV (USA), March 18th, 2013 — The SmartTV video-in-motion unlock module by Mods4cars is available effective immediately for the new Mercedes-Benz E-Class, SLK and SL Convertibles. The add-on kit bypasses the driving restriction on video playback and allows passengers to enjoy DVD or TV playback on long road trips.

“Our SmartTV controller is a well thought out, professional hardware solution for enabling video playback while the car is moving.” says PR-Manager Sven Tornow. A quick key combination on the multifunction steering wheel is enough to enable or disable the module. Since this is a hardware solution and not just software coding, the functionality is permanent and stays in place even after dealer software updates usually done during routine inspection.

Additionally the module is equipped with a standard USB port, which allows firmware updates offered by Mods4cars free of charge to be applied to the module at any time. This makes the kit a future-proof investment and lets users keep it up to date.

The SmartTV module is compatible with all new Mercedes-Benz Convertibles such as E-Class, SL (R231) and SLK (R172). The same kit also works in C-Class, E-Class, CL-Class, CLS-Class, S-Class, ML-Class, GL-Class, GLK-Class, R-Class and Vito models.

SmartTV modules are available for Bentley, BMW, Mercedes-Benz, Skoda and Volkswagen starting at 149 Euros + tax.

“We are happy to be able to offer convenience extension modules for many different use cases”, Sven Tornow continues. Manufacturer of the SmartTV module is Las Vegas based Mods4cars. The outfit has been specializing in design and development of convenience and convertible top controllers for the last 12 years. The SmartTOP convertible top controllers allow opening and closing of the top while driving at slow speeds and with one-touch convenience as well as remote top operation from the factory remote fob. SmartTOP kits are also available for E-Class, SL and SLK Convertible.

The SmartTOP kits are available for Alfa, Audi, Bentley, BMW, Ferrari, Ford, Infiniti, Mazda, Mercedes-Benz, Mini, Nissan, Opel, Peugeot, Porsche, Renault, Volkswagen and Volvo.

A demonstration of the video-in-motion module for Mercedes-Benz can be seen here:
http://www.youtube.com/watch?v=9J79QpSKHg0

Further details and information:
http://www.mods4cars.com

About Mods4cars:
Mods4cars was founded in 2002 with the idea to add a highly demanded feature to the otherwise almost perfect Porsche Boxster: Comfort One-Touch roof operation while driving at slow speeds. The resulting product offered not only that, but also allowed quick and easy installation by just swapping out a relay box, thus leaving no traces and no permanent changes on the vehicle. The first SmartTOP roof controller was born.

The success of their first products in Germany and Europe prompted them in late 2004 to move operations to the USA, to be able to serve the American market as well as all other English speaking countries such as Australia, UK and South Africa from one central location. Their business has grown to a full-fledged international corporation with an office in Las Vegas and a full line of innovative products as well as distributors and installation partners all over the globe.

Being highly specialized in the development and distribution of aftermarket roof- and comfort controllers since 2002 allows them to offer an unsurpassed level of competence and product quality. Their main goal is optimization of each individual product to a maximum in compatibility, usability and intuitive operation. They put greatest effort into development and quality checks of all their products to achieve this goal and meet all expectations of their customers.

The extraordinary success of their products is also based on the great communication with their customers, which usually already starts for each new product during the development and prototyping phase.

Press & Media Contact:
Anja Lehmann
Mods4cars LLC
1350 E. Flamingo Rd #3100
Las Vegas, NV 89119 – USA
+1-310-9109055
lehmann@mods4cars.com
http://www.mods4cars.com