Monthly Archives: August 2013

Business

Global HFT Expert Edgar Perez Presents Definitive Knight Capital Story, Knightmare on Wall Street

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Edgar Perez, Author, The Speed Traders, and Course Director, The Speed Traders Workshop 2012, Proudly Introduces Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, a Behind-the-scenes Look at Knight Capital’s 17 years of Tumultuous Existence as an Independent Company.

New York City, NY, USA (August 2, 2013) — Edgar Perez, the celebrated author of The Speed Traders (http://www.TheSpeedTraders.com) and global speaker on the topics of high-frequency trading (HFT) and investing, introduces Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, a fascinating account of what it took to elevate Knight Capital (now acquired by GETCO and renamed KCG Holdings) to the cusp of the retail investing revolution of the late 1990s to end up ultimately being ignominiously bought up by a competitor. Knightmare on Wall Street is now exclusively available at http://www.KnightmareonWallStreet.com.

Perez (http://www.MrEdgarPerez.com) 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). Perez is course director of The Speed Traders Workshop, 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). He contributes to The New York Times and China’s International Finance News and Sina Finance.

Perez has been interviewed on CNBC Worlwide Exchange, 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, Perez has been globally featured on FXFactor, Columbia Business, OpenMarkets, 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.

Perez has been engaged to present at the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), 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 (London and Shanghai) and Pace University (New York), among other public and private institutions. In addition, Perez has spoken at a number of global conferences, including Emerging Markets Investments Summit 2013 (Warsaw), CME Group’s Global Financial Leadership Conference 2012 (Naples Beach), Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, London), 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).

Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. 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. Perez resides in the New York City area and is an accomplished salsa and hustle dancer.

Media Contact:
Julia Petrova
Media Relations Coordinator
Knightmare on Wall Street
516-761-4712
info@knightmareonwallstreet.com
http://www.knightmareonwallstreet.com

Business

Edgar Perez’s Latest Thriller, Knightmare on Wall Street, Rise and Fall of Knight Capital, Out Now

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Edgar Perez, Author, The Speed Traders, and Course Director, The Speed Traders Workshop 2012, Proudly Introduces Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, a Behind-the-scenes Look at Knight Capital’s 17 years of Tumultuous Existence as an Independent Company.

New York City, NY, USA (August 2, 2013) — Edgar Perez, the celebrated author of The Speed Traders (http://www.TheSpeedTraders.com) and global speaker on the topics of high-frequency trading (HFT) and investing, introduces Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, a fascinating account of what it took to elevate Knight Capital (now acquired by GETCO and renamed KCG Holdings) to the cusp of the retail investing revolution of the late 1990s, to struggle through booms and busts, and to bring the firm down, to end up ultimately being ignominiously bought up by a competitor. Knightmare on Wall Street is now exclusively available at http://www.KnightmareonWallStreet.com.

The firm, founded by Kenneth Pasternak and Walter Raquet in 1995, had seen its fortunes change as U.S. regulators made a series of changes in the structure of financial markets and computers were progressively expanding their share of trading. The Flash Crash, the infamous 1,000 point drop of the DJIA on May 6, 2010 (the largest one-day point decline in history), illustrated how market structure problems could almost instantaneously cascade from one market participant to the rest.

Thomas Joyce, CEO of Knight Capital since 2002 and an unapologetic advocate of electronic trading, had been scornful of those companies that struggled to keep up with ever-changing stock markets. So it was certainly shocking that at 9:30 A.M. on August 1, 2012, right after the markets opened for the day, Knight Capital began issuing an unprecedented number of erroneous orders into the market, due to an error in installing new software. No rogue trader or regulatory change; operational risk was passing the bill to Knight Capital and becoming the biggest risk in the financial markets.

Knight Capital announced later a staggering loss of $440 million. What followed after this shocking announcement were several rounds of desperate conversations with a number of vulture players who had smelled opportunity and were readying themselves to pick up bargain-priced pieces. On August 6, 2012, Joyce confirmed that Knight Capital had struck a deal with Jefferies, TD Ameritrade, Blackstone, GETCO, Stephens, and Stifel Financial, staving off collapse days after the trading mishap.

While Knight Capital was back in the game, its limping recovery quickly prompted hungry competitors to bid for the entire company. On December 19, 2012, the board decided to accept an acquisition proposal from GETCO rather than Virtu Financial. For GETCO, acquiring Knight Capital represented a gigantic fast forward step. For Knight Capital, it was the end of its wild ride as an independent entity, told from beginning to end by Knightmare on Wall Street.

Perez (http://www.MrEdgarPerez.com) 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). Perez is course director of The Speed Traders Workshop, 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). He contributes to The New York Times and China’s International Finance News and Sina Finance.

Media Contact:
Julia Petrova
Media Relations Coordinator
Knightmare on Wall Street
516-761-4712
info@knightmareonwallstreet.com
http://www.knightmareonwallstreet.com

Art, Entertainment

The 3rd Annual Botanicals Art Exhibition Results Announced

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Light Space & Time Online Art Gallery is pleased to announce that its August 2013 art exhibition is now posted on their website and is ready to view online.

Jupiter, FL, USA (August 1, 2013) — Light Space & Time Online Art Gallery is pleased to announce that its August 2013 art exhibition is now posted on their website and is ready to view online. The theme for this art exhibition is “Botanicals” and artists were asked to apply to this competition in July by submitting their best botanical and floral art.

An art competition was held in June and July 2013 which determined and judged the art for this exhibition. The gallery received submissions from 26 different countries from around the world and they also received entries from 41 different states. Overall, there were 704 entries which were judged for this art competition.

Congratulations to the artists who have been designated as this month’s category winners, along with the winning Special Merit and Special Recognition artists. The gallery commends all of the winning artists for their artistic skill and their creativity, as this online art exhibition is indicative of their creativity.

To proceed to the gallery’s 3rd Annual “Botanicals” online art exhibition follow this link: http://www.lightspacetime.com/botanicals-art-exhibition-august-2013.

Each month Light Space & Time Online Art Gallery conducts themed online art competitions for 2D artists. All participating winners of each competition have their artwork exposed and promoted online through the online gallery to thousands of visitors each month. If you know of a talented 2D artist who may benefit from the exposure and the publicity that the gallery can provide to them, please forward this press release to them.

About Light Space & Time Online Art Gallery

Light Space & Time Online Art Gallery offers monthly art competitions and monthly art exhibitions for new and emerging artists. Light Space & Time’s intention is to showcase this incredible talent in a series of monthly themed art competitions and art exhibitions by marketing and displaying the exceptional abilities of these artists. Their online gallery website can be viewed here: http://www.lightspacetime.com.

Media Contact:
John R. Math
Light Space & Time Online Gallery
118 Poinciana Drive
Jupiter, FL 33458
888-490-3530
info@lightspacetime.com
http://www.lightspacetime.com

Education

Bryant & Stratton College Online Hosts Career Information Webinar on Top Interview Tips

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On August 14, career expert Stephen Krempl will offer practical advice to current and prospective students on how to stand out during an interview

Buffalo, NY, August 01, 2013 – When it comes to a job interview, knowing what the hiring manager wants is essential to landing the position. To help current and prospective students as well as recent graduates get inside the mind of a hiring manager, Bryant & Stratton College Online announced a new session in its career information webinar series. The webinar, “You’ve Got the Interview, Now What? How to Stand Out from the Crowd,” will be held on Wednesday, August 14 from noon to 1 p.m. EDT.

Earlier this year, Harris Interactive asked hiring managers about the most common interview mistakes as a part of an annual study conducted on behalf of CareerBuilder. Those interviewed reported “appearing disinterested” (62 percent) was the top misstep made by candidates. “Answering a cell phone or texting” (60 percent), “dressing inappropriately” (60 percent) and “failure to make eye contact” (72 percent) also made the list of interview errors. To help job seekers, Bryant & Stratton College Online has invited career expert Stephen Krempl to discuss how to avoid those and other gaffes.

Mr. Krempl is the President of Krempl Communications International (KCI), a company that focuses on management and executive development. Before starting KCI, Mr. Krempl was the Vice President of Global Learning at Starbucks Coffee Company and served in senior training and education roles at Fortune 500 companies such as YUM Brands, PepsiCo and Motorola.

“Landing an interview can be very exciting, but too many candidates falter because they don’t understand what hiring managers want,” said Mr. Krempl. “In this webinar, I’ll help job seekers understand the world of hiring managers and how to answer interview questions that help move the interviewer from ‘should we hire you?’ to ‘we should hire you.’”

The “You’ve Got the Interview, Now What? How to Stand Out from the Crowd,” webinar will provide practical tips and advice for job seekers on ways to be savvy interviewers. Key takeaways for webinar attendees will include:

* Understanding why the first five minutes of an interview are crucial and what to do in those initial minutes

* The competencies hiring managers are looking for from interview answers

* Reading the subtext of a question to understand its purpose

* A framework to answering questions that will help make a lasting impression on the interviewer

“Helping our students and other job seekers develop employability skills is critical to the mission of Bryant & Stratton College Online. The interview process can be arduous if someone is unprepared. This webinar will help anyone looking for a job better understand what is happening on the other side of the table and improve their chances of being hired,” said Scott Traylor, Campus Director for Online Education at Bryant & Stratton College. “We are grateful that Mr. Krempl is willing to share his knowledge and expertise for free. Our career information webinar series is a tremendous resource for all job seekers and we look forward to hosting this year’s events.”

This webinar is the first in a series of three from Mr. Krempl. In September, he will discuss what to do in the first 30 days of a job and in November, Mr. Krempl will address strategies for standing out on the job and becoming more promotable. As part of its commitment to building employability skills among job seekers, Bryant & Stratton College Online recently hosted a live online event featuring hiring and HR experts from CareerBuilder, Enterprise, Humana, Marriott International and Microsoft to discuss employability and answer job search related questions. To watch the recorded event, visit http://online.bryantstratton.edu/employability-summit/.

The August 14 career information webinar is offered for free by Bryant & Stratton College Online and is open to current students, prospective students and others seeking information about interview tips. Those interested in attending are invited to register at http://online.bryantstratton.edu/webinar/.

To learn more about Bryant & Stratton College and for information about its online degree programs, go to http://online.bryantstratton.edu. Bryant & Stratton College is regionally accredited by the Middle States Commission on Higher Education.

About Bryant & Stratton College Online
Bryant & Stratton College is a private career college delivering outcomes-based education and training through a flexible, contemporary curriculum in a personalized environment.  The College is regionally accredited by the Middle States Commission on Higher Education, which is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation, and has locations in New York, Ohio, Virginia and Wisconsin, as well as an Online Education division, and a Professional Skill Center. For almost 160 years, Bryant & Stratton College has been providing real world education leading to bachelor’s and associate’s degrees and professional certificates. Bryant & Stratton College Online offers five online bachelor’s degree programs, twelve online associate’s degree programs and eleven online certificate programs in a variety of fields including business, criminal justice, financial services, healthcare, human resources and information technology. Some online programs are not yet available in all states. For more information about our graduation rates, the median debt of graduates and other important information, please visit www.bryantstratton.edu/disclosures.  General information about Bryant & Stratton College and its online degrees can also be found at http://online.bryantstratton.edu.

Contact:
Kavitha Thimmaiah
Communications Strategy Group
3225 East 2nd Avenue
Denver, CO 80206
(303) 433-7020
kthimmaiah@csg-pr.com
http://www.csg-pr.com

Business

Data Privacy and Security Gurus partner with Black Dog Promotions to launch Data Privacy Network

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Black Dog Promotions, a digital marketing, public relations and business development agency announced it has partnered with leading data privacy and security experts to form Data Privacy Network (http://DataPrivacyNetwork.com)

Tempe, AZ, August 01, 2013 – Black Dog Promotions, a digital marketing, public relations and business development agency announced it has partnered with leading data privacy and security experts to form Data Privacy Network (http://DataPrivacyNetwork.com) to take advantage of the rapidly growing market for data and online privacy and security.

Whether it’s social media, cloud computing, the internet, or foreign hackers, the challenges to protect sensitive data are becoming more daunting by the day. With the average cost of a data breach estimated to be $500,000, companies need to be armed with the knowledge to secure their data in order to protect themselves. Data Privacy Network is on a mission to raise awareness of the risks that put our data privacy in peril. DPN can help companies better protect their sensitive data, which in turn protects their customers, and themselves from being the victim of a data breach.

The experts at Data Privacy Network note that, While no computer is completely ‘hack-proof’ and no one vendor solution is the holy grail of computer security, companies can take steps to better protect themselves. In fact, when done correctly, data security can be eloquent. Properly use the equipment you have, and maximize your data security ROI. I am thrilled to align ourselves with ‘Best of Breed’ consultants, products and services to provide the best solutions to individuals and businesses of all sizes”

Black Dog Promotions CEO Scott Kelly added, “Eight months ago we submitted an article on online security to the media and the response was overwhelming and we knew we were on to something. Since then we have assembled a team of highly qualified consultants and speakers along with outstanding products and services to help solve the data privacy and security issues that are talked about daily in the media. We look forward to becoming a leading resource for data privacy and security solutions.”

To learn more DPN’s products and services, visit http://DataPrivacyNetwork.com Contact Scott Kelly to explore partnership opportunities at: scott@blackdogpromotions.com

Contact:
Scott Kelly
Black Dog Promotions
9920 S. Rural Rd., Ste 108
Tempe, AZ 85284
480-206-3435
scott@blackdogpromotions.com
http://www.blackdogpromotions.com