Category Archives: Business

Business

Insurance King Danville IL Quote Hotline 217-615-7603

Leave a comment

Insurance King is making it easier to save money on car insurance for residents in the Decatur, Illinois area.

Decatur, IL, September 02, 2013 – Insurance King Danville,IL Quote Hotline 217-615-7603. Insurance King is making it easier to save money on car insurance for residents in the Decatur, Illinois area. Visit http://www.insurancekingquote.com or call the hotline setup for Decatur IL and the surrounding are at 217-615-7603 after hours and weekend service is available.

Insurance King has been serving the Northern IL and Southern Wisconsin Regions since the year 2000 and have sold over 50,000 policies Insurance King also has licensed agents in Indiana, New Mexico, Iowa, Ohio, and Mississippi. Insurance King will be offering car liability insurance with rates as low as $29 for down payments. Insurance King also will be offering Full Coverage, Motorcycle, and Renters Insurance for people in the Danville, IL area. Please note that rates vary by age, sex, zip code, driving records, and vehicles.

“People have been contacting us and can’t figure out how we are so much cheaper than everyone else. The answer is simple says Dan Block founder of Insurance King; We already have a system setup and the only expense is advertising which is made up with the sales of new policies. So we are passing on the savings to our clients by not charging agency fees for new business in new marketed areas.”

To get a quote fill out the form at http://www.insurancekingquote.com or call the Decatur IL hotline at 217-615-7603.

Contact:
Dan Block
Insurance King
127 N. Alpine Rd.
Rockford, IL 61107
217-615-7603
dan@insurancekingquote.com

Insurance King

Business

Ernst & Young have given a positive report on URALCHEM’s Joint Service Centre

Leave a comment

The Russian division of British auditing company Ernst & Young has conducted an audit of URALCHEM’s new branch, the Joint Service Centre (JSC).

Moscow, Russia (August 27, 2013) — The Russian division of British auditing company Ernst & Young has conducted an audit of URALCHEM‘s new branch, the Joint Service Centre (JSC).

The JSC was established in Perm in early 2013 to unify and optimize the accounting business processes of URALCHEM’s different units within a single multifunction centre. The centre is responsible for data processing and preparation of financial statements according to Russian and international standards, tax accounting, treasury operations. It also has been given the task of setting up and maintaining a unified information and telephone systems for the company.

On 1 February, 2013, the Centre started providing services for the company’s branch in Perm. On 1 May 2013 services were started for URALCHEM’s Berezniki branch. These were audited by Ernst & Young specialists. The auditors examined the mechanisms of remote operations, the quality of the whole suite of services identification of duplication of functions as well as the efficiency of the centre staff and the cost of its operations. After audit, the results of the second quarter of 2013 showed that the JSC met all performance targets and all the tasks are performed at a good level.

The plans for the next two years include a trebling of the centre’s staff, from one hundred to three hundred people. From 1 October this year the centre will start providing services for “Power supply utility of Kirovo-Chepetsk Chemical Plant” and for “Repair and Engineering Works of Kirovo-Chepetsk Chemical Plant”. Form the beginning of 2014 the centre will roll out services for the plant in Kirovo-Chepetsk.

-Ends-

PR department
URALCHEM, OJSC
Tel: +7 (495) 721 89 89
E-Mail: pr@uralchem.com
Web: http://www.uralchem.com

URALCHEM, OJSC is one of the largest producers of nitrogen and phosphate fertilisers in Russia and the CIS with production capacities of over 2.5 million tonnes of ammonium nitrate, 2.8 million tonnes of ammonia, 0.8 million tonnes of MAP and DAP, 0.8 million tonnes of complex fertilisers and 1.2 million tonnes of urea. URALCHEM, OJSC is the second largest ammonium nitrate producer in the world and number one in Russia, the second largest producer of nitrogen fertilisers in Russia. Key production assets of URALCHEM, OJSC include Azot Branch of URALCHEM, OJSC in Berezniki, Perm Region; OJSC Minudobrenia, Perm; MFP Kirovo-Chepetsk Chemical Works, OJSC Branch in Kirovo-Chepetsk, Kirov region; Voskresensk Mineral Fertilisers, OJSC in Voskresensk, Moscow region.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of URALCHEM. We wish to caution you that these statements are only predictions. We do not intend to update these statements and our actual results may differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, financial risk management and the impact of general business and global economic conditions.

Business

Texas State Technical College West Texas Uses Outcomes Based Assessment to Revive Nursing Program

Leave a comment

Pass Rate on Licensing Exam Jumped 77 to 100 Percent Using Direct Evidence of Student Learning through ExamSoft Technology Platform

Dallas, Texas, August 27, 2013 – The Texas State Technical College West Texas (TSTC) LVN to ADN Nursing Program was able to increase the pass rate on the National Council Licensing Exam (NCLEX) from 77 percent to 100 percent by taking a strategic and aggressive approach to assessment. TSTC-West Texas was able to improve programmatic effectiveness and student retention based on evidence and insights in student learning using ExamSoft’s intelligent assessment platform, the company announced today.

TSTC-West Texas is part of a state performance-based pilot program that only reimburses the institution when graduates secure a job within their field of study. In 2011, with the NCLEX pass rate at 77 percent and retention rate near 50 percent, TSTC-West Texas was placed on conditional status by the Texas Board of Nursing and could not admit any new students. TSTC-West Texas decided to adopt an assessment platform to help completely revamp and refine their curriculum and better help their students learn, prepare for and pass the NCLEX – a barrier to employment for nurses. Since implementing ExamSoft, the NCLEX pass rate, retention rate and employment rate among graduates are all 100 percent.

“Since our state funding depends on our students graduating and getting jobs, their success is our success,” said Shawntay Sparks, Instructor and Program Chair, Texas State Technical College West Texas LVN to ADN Nursing Program. “By taking a strategic approach to assessment using ExamSoft’s platform, we can easily track and measure performance across a wide set of learning outcomes and it gives us the tools and evidence we need to remediate students on a individual basis, refine our curriculum, increase retention and help students succeed in their careers.”

TSTC-West Texas uses ExamSoft to design, manage and administer all exams, tests and quizzes in a computer-based platform and enables them to “tag” every question to learning objectives so they can track and measure student performance. With data available immediately after each exam, faculty use the learning analytics to inform targeted feedback for students and implement remediation strategies based on students’ individual needs. Longitudinal assessment data gives TSTC-West Texas the evidence they need to track students over time and map and refine their curriculum.

“We’re excited to see the kind of dramatic turn around TSTC-West Texas has seen because it shows how important a role technology and data can play in helping drive student success,” said Daniel Muzquiz, Chief Executive Officer of ExamSoft. “We thrive on helping institutions and programs succeed in their missions by giving them the technology and insights they need to help engage their students, enhance the learning experience and improve outcomes.”

In addition to being able to enhance revenue reimbursements from the state, TSTC-West Texas was taken off conditional admittance by the Texas Board of Nursing in October 2012 and anticipates being placed on full approval in January 2014. TSTC-West Texas’ accelerated online nursing program, established in 2008, includes two campuses serving 26 rural counties and trains students to become registered nurses.

“We have students scattered around the state who face and conquer challenges every day for the opportunity to achieve their degree and become better nurses, so we strive to deliver a high quality education with a non-traditional approach,” said Sparks. “In an online accelerated program, there is no time to allow a student to get behind and ExamSoft gives us the tools to find and address issues immediately and the technology is so solid that we can rely on it to support the program, and the students, in reaching this goal.”

For more information about ExamSoft, visit http://www.examsoft.com.

About ExamSoft Worldwide, Inc.
ExamSoft provides scalable and flexible intelligent assessment solutions that give educators actionable outcomes data and insights to help every student. Its software puts the data back in the hands of faculty and enables clients to more efficiently and practically administer direct assessments and analyze resulting data to improve curricular design, test design, and accreditation compliance. ExamSoft has served hundreds of prominent academic, certification, and licensing institutions for more than 15 years and has successfully administered millions of exams. For more information, please visit www.examsoft.com, or follow ExamSoft on Facebook and Twitter.

Contact:
Anne Jenkins
Communications Strategy Group
3225 East 2nd Avenue
Denver, CO 80206
703-624-6125
ajenkins@csg-pr.com
http://www.csg-pr.com

Business

OK1984 + Kreayshawn Make a Quietly Loud Statement

Leave a comment

What happens when you merge a team of hip Californian designers with one of hip-hop’s most buzz-worthy artists?

Los Angeles, CA, August 26, 2013 – What happens when you merge a team of hip Californian designers with one of hip-hop’s most buzz-worthy artists? You get a distinct capsule collection of understated yet thought provoking jewelry that says just enough. “I designed this for the girls who express more with less. There’s no need to do the talking when your jewelry can do it for you,” explains renowned artist Kreayshawn.

Whatever you’ve heard about the Bay Area musician and director, Kreayshawn is nothing if not scrappy. Born in September 1989 in San Francisco, as Natassia Zolot, to a teenage single mother, the pocket-sized artist relied on her wits to navigate the roughest sections of the city. By the age of 16, she found herself in a pivotal moment that would forever change her life and prompt her to become the pioneer she is today, turning hardship into empowerment and fueling her future through drive and creativity.

With a record deal from Columbia Records and a true cult following, it is clear to see why OK1984 jumped at the opportunity to team up with this gorgeous powerhouse. Known for her seemingly eclectic and truly unique personal style, Kreayshawn sets out to discover new and original influences that will make her music stand out from the rest. She seeks to inspire and be inspired, and, much like OK1984’s jewelry, she is fresh, edgy and undeniably talented. Incorporating each independent characteristic into one cohesive line, OK1984 and Kreayshawn have created a range of pieces that will unleash the voice inside you.

Launching August 26, 2013, the collaboration capsule, which will range from starry-eyed smiley face pendants to spirited alien head rings, will retail for $21 – $30, exclusively at OK1984.com.

Contact:
Malorie Kaye
Cameo PR
10 W. 33rd St.
Suite 1118
NY, NY 10001
646-360-3488
malorie@cameopr.com
http://www.cameopr.com

Business

Business City Launched a Fortnight Newspaper in Chennai

Leave a comment

A Newspaper firm from Chennai “Business City” launched a Fortnight Newspaper named “Business City”.

Chennai, TN, August 22, 2013 – Advertising plays a major role in promoting products or services, directly to the consumers. It improves sales of the product or services.

“Business City” is one of the leading Newspaper firm in Chennai. Here in Business City the advertisers can promote their products or services, directly to the peoples with our Fortnight Newspaper. We deliver your advertisements in main areas of Chennai mostly commercial areas, residential areas etc.

Business City has a team of Qualified Young Professionals from Print media industry and plays a major role in the Expertise such as Marketing, Designing, Printing, Circulation & Administration. We work very hard to reach peoples to promote our Newspaper contains your Promotional advertisements. We Circulate our “Business City” Newspaper at Free of Cost all over Chennai. So, we can also help you in Creating Brand Awareness of your Products or Services and also to generate sales.

At “Business City” we charge only Rs:25/- for 1sq.cm for the Multi color ad & Rs:18/- for B/W advertisements. Our Tariff was really cost-effective while comparing other Newspapers. You can never get this competitive price in the Print Media industry throughout the city.

Our First edition paper is available in our website:http://www.business-city.in/e-paper.html

For more details on advertising your Business in our Newspaper, please contact: Fazil Ahamed, 91-98419 78689 or E-mail:fazil@Business-City.in

Contact:
Fazil Ahamed M
Business City
Gandhi Nagar, Chrompet
Chennai, TN 600044
98419 78689
fazil@business-city.in
http://www.Business-City.in

Business

Justin Ligeri and Yagoozon Inc. Named Fastest Growing Retailer by Inc. Magazine

Leave a comment

Three years ago Justin Ligeri was broke. His prospects were grim and odds of success were poor. Fast forward to August 2013 and the young eCommerce phenom is on track to do in excess of $20 million in sales this year, earning the recognition of Inc. Magazine.

Sebring, FL, August 26, 2013 (Straight Line PR) — Three years ago Justin Ligeri was broke. Looking at the worst economy in the last 85 years, most people would say his prospects were grim and the odds of success were poor. Fast forward to August 2013 and the young 35 year old eCommerce phenom is on track to do in excess of $20 million in sales this year.

He and his company Yagoozon, Inc. were recently named the #11 fastest growing company in the world and the #1 fastest growing company in the Retailing space.

Starting over with only $40 in the winter of 2010, he has bankrolled that amount into a booming company that has venture capitalists and vendors amazed at his ability to sell merchandise quickly and profitably.

“Here is the reality,” said Ligeri from Yagoozon’s ( http://www.amazon.com/b?me=A393ZKPVGVX3TX ) main warehouse in Central Florida. “The average consumer needs to understand that today the news media is like a drug dealer that only peddles bad news. They understand that bad news gets better ratings than good news. So they try and fixate your attention on the side of the ledger that has been disrupted by the web. Huge layoffs, plant closings, poor earnings, and a contracting economy. It’s not that their news is incorrect, rather it lacks objectivity. They show all of the things that have been DISRUPTED, and never stop to communicate that it is companies like mine that embrace the power of the web, that are doing the DISRUPTING.”

New technology creates new opportunities and new rules for amassing wealth, according to Ligeri.

“In the retail space where I am very active, traditional retailers who operate ignoring the power of the web, will follow the path of Kodak corporation, which filed for bankruptcy last year. I, on the other hand, hope to be able to continue to use the web and joint ventures to sell high demand products to my audience,” explains Ligeri.

He goes on to say, “Three years ago I was worse than broke. Today I sell more than one thousand mom and pop stores put together. The difference is that I have embraced the power of the web.”

Ligeri speaks briefly in a short YouTube video about the path he took to achive his current success: http://youtu.be/_nenmZFFhjo

Today, he is clearly a top contender to be the Entrepreneur of The Year. “I am beyond honored and excited to be a contender for this prestigious award,” said Ligeri. “Its nice to receive the acknowledgment from the business community. It certainly has been a fun ride.”

The 2013 Inc. 500|5000 Conference ( http://conference.inc.com/ ) is scheduled for October 10-12 in Washington, D.C. It is expected that Yagoozon, Inc. will be recognized once again as a rapidly rising star in the eCommerce firmament.

Ligeri’s blog can be found at http://www.JustinLigeri.net/

About Yagoozon, Inc.:
Yagoozon is the fastest growing online retailer of toys, costumes, and novelty items. The company focuses on customer service and purchaser simplification. Headquartered in Sebring, FL, Yagoozon leverages the strengths of the Amazon retail platform, adding their self-described “obsession” with excellent customer service, to take online retailing to a whole new level.

For more information, visit Yagoozon online at http://www.amazon.com/b?me=A393ZKPVGVX3TX or find Yagoozon on Facebook at http://www.facebook.com/pages/Yagoozon/226200834154092

Press Contact:
Justin Ligeri
Yagoozon, Inc.
380 Jefferson Boulevard
Warwick, RI 02886

Please contact http://www.PressReleaseNation.com for corrections or updates.

Contact:
David Lockman
RichContent
9734 Lincoln Lane
Blaine, WA 98230
360-312-4312
dlock@richcontent.tv
http://www.RichContent.com

Business

Behind Goldman Sachs’ $100 Million Plus Trading Loss at Edgar Perez’s The Speed Traders Workshop DVD

Leave a comment

Edgar Perez, Former McKinsey & Co. Consultant, Author, The Speed Traders, Presenting The Speed Traders Workshop DVD Video Package, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX.

New York City, NY, USA (August 25, 2013) — Edgar Perez, former McKinsey and IBM consultant and author of The Speed Traders and Knightmare on Wall Street, goes behind the trading operations of firms such as Goldman Sachs in their relentless pursuit of high-frequency trading profits with The Speed Traders Workshop DVD Video Package: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (http://TheSpeedTradersWorkshopDVD.eventbrite.com), the world’s most comprehensive review of high frequency trading now available for the very first time on DVD in an insightful 4-disc set.

On Tuesday August 20, 2013, Goldman Sachs engaged in unauthorized trades in the options market that could be as expensive as $100 million for their shareholders. While this loss is in no way material to the survival of the company, it represents the next instance of a sequence of trading errors that threaten to diminish investors’ confidence in the most sophisticated financial markets.

Perez is widely regarded as the preeminent global expert in the specialized area of high-frequency trading. Mr. Perez (http://www.mredgarperez.com), former McKinsey and IBM consultant, is Chairman of High-Frequency Trading Leaders Forum 2013, author of The Speed Traders (http://www.thespeedtraders.com), An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World (McGraw-Hill Inc., 2011), (China Financial Publishing House, 2012), and Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (http://www.knightmareonwallstreet.com).

Perez has been interviewed on FOX Business’s Countdown to the Closing Bell, Bloomberg TV’s Market Makers, 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 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.

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, 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).

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.

The Speed Traders Workshop DVD Video Package reveals how high-frequency trading players are succeeding in the global markets and driving the development of algorithmic trading at breakneck speeds from the U.S. and Europe to India, Singapore and Brazil. The Speed Traders Workshop brings the most updated review of high frequency trading to the world’s most important financial centers.

Media Contact:
Julia Petrova
Media Relations Coordinator
The Speed Traders Workshop
+1-414-FORUMS0
jpetrova@thespeedtraders.com
http://www.thespeedtraders.com

Business

KPMG Managing Partner and The GPS Gal are Special Guests on Deanne Demarco’s show

Leave a comment

KPMG’s Senior partner Heather Paquette and the VOICE of your GPS unit, Karen Jacobsen are the special guests on the hit radio program, “Today’s Inspiring Women.” Which airs Thursday, noon Pacific on the VoiceAmerica Empowerment Network.

Phoenix, AZ, August 24, 2013 – Deanne DeMarco continues her ground-breaking radio series with two high-powered guests: the female managing partner of KPMG a international audit and tax advisory firm and a woman who literally is the voice of over 100 million GPS units worldwide.

Heather Paquette a veteran of the United States Air Force is now Managing Partner for KPMG’s Michigan Office, and Karen Jacobsen is the “VOICE” of over 100 million GPS units, she literally tells you where to go, are featured on next Thursday’s episode of Deanne DeMarco’s entertaining, informative and inspiring program, “Today’s Inspiring Women.”

Both women are guests on Thursday, September 5, 2013, during Deanne DeMarco’s weekly hour-long show that airs at 12 noon, Pacific, on the VoiceAmerica Empowerment Radio network.

Today, Heather Paquette is the Managing Partner for KPMG in Michigan where she’s responsible for the strategic direction and growth of KPMG’s Detroit and Grand Rapid’s offices and in making KPMG a great place to build a career. Heather has more than 22 years of financial audit, information technology and business process experience, focusing on risk and control.

Heather is also a veteran of the United States Air Force and prior to joining KPMG, served in the United Kingdom and then in Southern Regional Operation Center for NATO in Naples, Italy.

Heather is a 2012 national ATHENA Award Recipient. Heather has been recognized by the Glass Hammer as a 2009 Rising Star, by the Illinois CPA Society as a 2009 Women to Watch and by KPMG as their 2010 Working Mother of the Year for Working Mother Magazine.

Deanne DeMarco asks Heather about the challenges she faced as a US Air Force Veteran and gets her advice on how her military experience supported her current career and what advice she has for women just starting out in a career.

Deanne DeMarco’s second guest, Karen Jacobsen is the “VOICE” in over 100 million GPS units, as well as on cruise ships and elevators. When Karen Jacobsen walks on stage, there is no question she is in the driver’s seat.  The GPS Girl, Karen Jacobsen’s speaking voice is in over 100 million GPS units giving drivers directions worldwide. She has appeared on ABC World News Tonight, the CBS Early Show, in The New York Times, NY Daily News, Glamour magazine and was named one of People Magazine s Most Intriguing People. She speaks and sings to groups who want to inspire the best in their people, and create a road map for their future.  She s that voice that guides you when you are lost and reassures you when you are wondering if you are headed in the right direction. You could say she specializes in telling people where to go.

Deanne DeMarco, who has 20 successful years as a business coach, professional speaker and management trainer , said, “Each week on the show I interview extraordinary and inspiring women who may not yet be household names but are business and entrepreneurial rising stars or have solid, practical advice for my audience. Heather’s personal achievements are truly inspirational and her principles for success can be applied to any business. Karen taps into a subject that affects so many women. So if you need to “recalculate” your life or career you can’t put off listening to the show.”

Deanne DeMarco herself has used her innovative strategies—drawn from successful experiences as a scientist, college instructor, management trainer, Fortune 500 manager, author and entrepreneur—to help business executives and individuals break through personal and career roadblocks.

“Today’s Inspiring Women” airs Thursdays at noon Pacific on the VoiceAmerica Empowerment Radio. www.voiceamerica.com/show/2182/todays-inspiring-women

About The Host:
Deanne DeMarco’s career has revolved around helping people break through boundaries and career roadblocks. She has a strong business background with expertise in medicine, education and utilities. As a medical scientist she was on the original three-member team that first discovered the cancer link to second-hand smoke. As a corporate trainer her management coaching program won national recognition from Training Magazine’s Top 100.  Deanne conducts fun, interactive workshops and seminars and is a keynote speaker at business and association meetings around the world. For more information: www.deannedemarco.com or call 1-708-836-0118 or 1-866-91-COACH.

Contact:
Deanne DeMarco
Deanne DeMarco
2205 S. Wolf Road #730
Suite 304
Hillside, Illinois 60162
708-836-0118
Deanne@DeanneDeMarco.com

Home

Business

Immediate Shipping for Best Summer Reading at Knightmare on Wall Street Website

Leave a comment

Edgar Perez, Author, The Speed Traders, and Course Director, The Speed Traders Workshop, 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 24, 2013) — Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets, is the new book by Edgar Perez, the celebrated author of The Speed Traders. As executives and professionals in the finance world get ready for their Labor Day weekend vacation, immediate shipping is now available for Knightmare on Wall Street at http://www.KnightmareonWallStreet.com.

Readers will discover a thrilling minute-by-minute account of the terrifying hours following Knight Capital’s August 1, 2012 trading debacle, with news-breaking research regarding the firm’s 17 years of tumultuous existence as an independent company. Knightmare on Wall Street provides a fascinating account of what it took to elevate the firm 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.

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.

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). 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

Business

Edgar Perez to Squawk On The Street’s Kelly Evans, Carl Quintanilla: U.S. Financial Markets at Risk

Leave a comment

Edgar Perez, Author, The Speed Traders, and Course Director, The Speed Traders Workshop, 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 24, 2013) — “The issues that happened yesterday are not about NYSE versus NASDAQ, KCG Holdings versus Citadel or Goldman Sachs versus Morgan Stanley. This is about the United States’ competitive standing as the world’s most sophisticated financial market, a position it has to keep at all costs,” said Edgar Perez, the celebrated author of The Speed Traders (http://www.TheSpeedTraders.com) and Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (http://www.KnightmareonWallStreet.com), to CNBC’s Squawk On The Street’s anchors Kelly Evans and Carl Quintanilla today. The full interview can be accessed at http://video.cnbc.com/gallery/?play=1&video=3000193177.

As informed by NASDAQ yesterday, price quotes were not being disseminated by the Securities Information Processor (SIP) for three hours. There was a connectivity issue, which led to degradation in the ability of the SIP to disseminate consolidated quotes and trades. After the cause of the issue, The Flash Freeze, was identified and addressed, trading resumed at 3:25PM. While NASDAQ has promised to work with other exchanges that are members of the SIP to investigate the issues, their time to self-police has passed.

Perez (http://www.MrEdgarPerez.com) is widely regarded as the preeminent global expert in the specialized area of high-frequency trading. Perez has been interviewed on Bloomberg TV’s Market Makers, 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