Category Archives: Business

How the SEC and CFTC can Work Together at Golden Networking’s HFT Conference in New York City

July 22, 2013 staronepr Leave a comment

Golden Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com), World’s Most Influential Alternative Investments Conference Series, including High Frequency Trading Leaders Forum 2013, “Strategic and Tactical Insights for Investors, Speed Traders, Brokers and Exchanges,” New York City, London, Chicago, Singapore and Frankfurt (www.High-Frequency-Trading-Conference.com).

New York City, NY, USA (July 22, 2013) — As reported by Law360, Senate Democrats told Secretary of the Treasury Jacob Lew that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should streamline their cross-border swaps rules, saying “conflicting approaches” may create new risk in global financial markets.

“Creating an overly complicated compliance system for market participants will result in conflicting, duplicative or inconsistent rules that could foster new and unforeseen risks and lead to international regulatory arbitrage.”

The SEC has proposed its own international derivatives trading rules allowing for so-called substituted compliance in which European regulators can substitute their own rules if the SEC deems them comparable to the Dodd-Frank Act.

But the CFTC and its Chairman Gary Gensler have taken a tougher stance than the SEC in seeking to impose capital, reporting, margin and other rules on foreign firms with at least $8 billion in annual swaps trading volume. That effort has drawn the ire of European regulators and House Republicans, who say it could lead to regulatory confusion and fragmented markets.

“Unfortunately, to avoid uncertainty, the CFTC, SEC and international regulators need additional time to get on the same page and resolve their differences, and ensure that the world’s financial regulations are robust enough to stymie future risks posed to our economy.”

Senate Democrats have applauded the CFTC’s approach to extending oversight of the $700 trillion swaps market under Dodd-Frank to foreign subsidiaries of U.S. financial institutions. What the impact will be on HFT will be discussed at High Frequency Trading Leaders Forum 2013 New York City (http://www.HFTLeadersForum.com), July 30th, part of Tech2Trade Expo 2013 New York City (http://www.Tech2TradeExpo.com).

Golden Networking’s High Frequency Trading Leaders Forum 2013 will examine the speed trading industry from various angles, in an opened and unbiased environment highly conducive to networking. Topics to be discussed at High Frequency Trading Leaders Forum 2013 will include:

– Low Latency: How can Ultra-Low Latency be Achieved for High-Frequency Trading?
– Emerging Markets: How will Emerging Markets from Brazil to China Affect the Scope of High-frequency Trading?
– Robotic Markets: As High-frequency Trading Embraces Robotic Markets Worldwide, How Will Participants be Able to Find new Opportunities to Sustain Alpha Creation?
– Regulatory Impact: With High-frequency Trading in the Spotlight, how will New Regulations Change the Industry?
– The Future of HFT: How will High-frequency Trading Evolve in Ever-changing Technology and Regulatory Environments?

Tech2Trade Expo 2013, to be held in New York City, London, Chicago, Singapore and Frankfurt, is the world’s most influential alternative investments forum for the hedge fund, high-frequency trading and derivatives communities. With dozens of practitioners, experts and regulators speaking in our programs, Tech2Trade Expo 2013 provides hundreds of investors, traders and portfolio managers with the key lessons, proven recipes and penetrating insights they are looking for to capture alpha in up and down markets.

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 download our Information Package or contact Golden Networking directly by calling +1-414-FORUMS0 or sending an email to information@goldennetworking.net.

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

Business

‘Is HFT Dead’ Industry Leaders to Discuss at High-frequency Trading Leaders Forum 2013 New York City

July 22, 2013 staronepr Leave a comment

New York City, NY, USA (July 22, 2013) — According to Robert Anglos, HFT is still around, but is being done by fewer people. “There is, no doubt, numerous reasons but my take, as a HF trader, is that a lot of people that got in was when the markets were tanking and it was being touted as a ‘get rich quick’ approach to making money. When the reality set in most went away, just like small investors that lost a lot of money either did not come back or not as strong.”

Anglos is an HFT and admits there is some misconception of what most HFT do and where. “Generally we, and almost never for me, are we trading stock. We do not, and are not capable of moving the markets. We do have the ability to exploit and perhaps extend a movement when the markets are highly sensitive (probably the basis for the argument that HF traders help them get where they are going quicker).”

Trading is not investing, he said. “In many respects investing, in my view, is the equivalent of hope or taking advantage of a situation. In the old days you could buy AT&T, or its equivalent, and believe that it was going to appreciate until the end of time (and pay dividends). Keep this in mind only 1 in 100 people that try day trading make a living at it. Some make excellent money, but I wonder how many investment professionals that are at the same in their profession make at least as much. I have no statistics but I believe any of the senior execs at Goldman Sachs, J.P. Morgan are making far more.”

So apparently, HFT is still alive; perhaps the reports of its death are a bit premature. Perhaps not? Leaders will be discussing these issues at High Frequency Trading Leaders Forum 2013 New York City, July 30th, as part of Tech2Trade Expo 2013 New York City (http://www.Tech2TradeExpo.com).

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

Business

AuraPortal´s New Website Was Created Using its Very Own Content Management

July 22, 2013 straightlinepr Leave a comment

The software provider’s Content Management program features SEO indexing and customized content creation, regardless of the site’s complexity.

Boca Raton, Florida, July 20, 2013 – AURA (www.auraportal.com), a global provider of Business Process Management (BPM) software, has announced the launch of its new website. The website is perfectly designed so that the user can discover with ease everything that AURA has to offer. AuraPortal’s Content Management module allows businesses to create advertisements, news articles, videos and documents – all in digital format.

AuraPortal has been distinguished with great advantage over its competitors by Ovum in its Decision Matrix (2011) report and by other renowned analyst firms.

The module is seamlessly integrated with the BPM, so that any company can create its own digital information to gain a complete, tailor-made Content Management program without having to recruit a specialist.

One important application of the Content Management program is the construction of a website, no matter its complexity. As an example, the AuraPortal website has been developed using its own Content Management program.

AuraPortal has taken into account the integration with internet search engines (for example, Google) and has included an automatic Sitemap Creation system which indexes all the desired words in the internal indexes of these search engines to allow rapid location by internet users.

About AURA (http://www.auraportal.com)
AURA is a global BPM (Business Process Management) software provider delivering a solution that creates, without the need of IT programming, Business Process Workflow Execution Models. AuraPortal is 100% Web-based, and is complementary to existing ERP and CRM systems.

AURA has a presence in 40 countries with more than 300 customers including, among others: Toyota, General Motors, Pemex (Petroleos Mexicanos), Carrefour, ArcelorMittal, PepsiCo, Coca-Cola, Danone, Sodexo, Kimberly-Clark, Yamaha, Eletrobras, Royal KPN, Bristol-Myers Squibb, etc., as well as many Government Agencies and Departments in several countries. All of these customers benefit from maintenance contracts.

Its headquarters are in Europe (Spain and Holland) with an executive branch in North America (Florida). It also has offices in several countries and a vast network of partners who locally attend customers throughout the world.

What the Top Experts Say About Auraportal BPMS:
OVUM: In the “Product Quality” category, AuraPortal has obtained the highest score (9 points), situating itself clearly above the next best vendor on a scale of 1 to 10. (Decision Matrix on BPM Vendors 2011, OVUM – Datamonitor Group).

GARTNER: “AuraPortal is the example of next-generation BPMS”. (Magic Quadrant, 2007, 2009, Gartner).

TEC: “AuraPortal solutions have been designed for organizations of different sizes and sectors”. (2013, TEC Technology Evaluation Centers).

BPTRENDS: “AuraPortal is one of the most complete and advanced BPMS solutions on the market backed up by a financially strong company with a large number of satisfied customers of all sizes that have been working with the product for several years”. (BPM Suites Report 2010, BPTrends).

IDC: “In Customer references, AuraPortal has a strong ease of implementation and ease of use (from both IT and business user perspectives)”. (MarketScape: Business Process Platforms, 2011, IDC).

BLOOR: “Bloor particularly like the way AuraPortal has integrated business rules into the process definition process”. (2011, Bloor).

Contact:
John Charles
AuraPortal
400 Trade Center
Woburn, MA 01801-7472
978-808-6340
john.charles@auraportal.com
http://www.auraportal.com

Business

URALCHEM has registered its calcium nitrate in accordance with REACH requirements

July 18, 2013 staronepr Leave a comment

URALCHEM has registered its anhydrous calcium nitrate with the European Chemicals Agency in accordance with the European Community Regulation on chemicals and their safe use (EC 1907/2006), which deals with the Registration, Evaluation, Authorisation and Restriction of Chemical substances (REACH).

Moscow, Russia (July 18, 2013) — URALCHEM has registered its anhydrous calcium nitrate with the European Chemicals Agency in accordance with the European Community Regulation on chemicals and their safe use (EC 1907/2006), which deals with the Registration, Evaluation, Authorisation and Restriction of Chemical substances (REACH). This registration allows the company to seamlessly deliver the product onto the EU market.

Anhydrous calcium nitrate Ca(NO3)2 is a new product for the company and was launched at the company’s plant in Kirovo-Chepetsk. Currently, calcium nitrate is widely used as an additive in concrete and construction mixes, as a constituent of process fluids in the petroleum industry and as raw material for the chemical industry.

The product can also be used as fertilizer. It contains nitrate nitrogen and calcium in the best form for absorption by plants. Among the useful properties of calcium is its ability to increase the strength of cell walls. Use of calcium nitrate increases the yield by 10-15% and significantly improves consumer quality of vegetables and fruit. It also stimulates root development, especially the development of root hairs. Calcium nitrate aids the formation of membranes and strengthens cell walls of plants; it stimulates enzyme activity and metabolism; it also promotes photosynthesis and speeds up the transportation of hydrocarbons and nitrogen assimilation in plants. Usage of the product increases plants’ resistance to environmental stress factors as well as fungal and bacterial diseases.

“Compliance with the requirements of the REACH regulation is a necessary condition for the supply and turn over of chemical substances on the EU market. URALCHEM is closely following developments in this area, and strictly complies with all requirements concerning circulation of chemicals in the EU”, commented Tatiana Rozarenova, Head of Customers and Regulators Department at URALCHEM.

Today, the REACH regulation is one of the most complex technical regulations in the European Union. In 2010, URALCHEM registered 27 substances according to the requirements of the regulation and became one of the first Russian manufacturers in the chemical industry to submit data on its products to the European Chemicals Agency.

-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

SEC Enforcement Issues in the World’s Most Highly Sophisticated Market Structure at HFT Conference

July 18, 2013 staronepr Leave a comment

New York City, NY, USA (July 18, 2013) — Mary Jo White, the recently named chairman of the Securities and Exchanges Commission, had the opportunity to highlight the new priorities for the agency. Enforcement and high-frequency trading figured prominently in the brief to-do-list she presented to members of the Senate Banking Committee.

Further strengthening the enforcement function of the SEC, fair but also bold and unrelenting, was top of mind in her presentation. Investors and all market participants, she said, needed to know that the playing field of the markets was level and that all wrongdoers, individual and institutional, of whatever position or size, would be aggressively and successfully pursued by the SEC. Strong enforcement, she noted, was necessary for investor confidence and was essential to the integrity of financial markets. Proceeding aggressively against wrongdoers was not only the right thing to do, but it also would serve to deter the sharp and unlawful practices of others who must be made to think twice, and stop in their tracks, rather than risk discovery, pursuit, and punishment by the SEC.

The SEC needed, she added, to be in a position to fully understand all aspects of today’s high-speed, high-tech, and dispersed marketplace so that it could be wisely and optimally regulated, which meant without undue cost and without undermining its vitality. High frequency trading, complex trading algorithms, dark pools, and intricate new order types raised for her many questions and concerns. Were they problematic for retail and non-institutional investors? Did they result in unnecessary volatility, or create an uneven playing field? Or did these modern-day features bring benefits such as efficiency, price reduction, and healthy competition to our markets? Did they do all of these things? The experts and studies to date, she claimed, had not been consistent or definitive in their observations and findings about whether and to what extent harm was caused by the current market structure and practices. There must be a sense of urgency brought to addressing these issues to understand their impact on investors and the quality of the markets so that the appropriate regulatory responses could be made. Finally, chairman White committed herself to work not only to ensure that the SEC had the cutting-edge technology and expertise necessary to enable it to keep pace with the markets and its responsibilities to monitor, regulate, and enforce the securities laws, but also to see around the corner and anticipate issues.

To further elaborate on SEC enforcement issues in the world’s most highly sophisticated market structure, Robert Cohen, Assistant Director of Market Abuse Unit, Division of Enforcement, U.S. Securities and Exchange Commission, will keynote High Frequency Trading Leaders Forum 2013 New York City (http://www.HFTLeadersForum.com), July 30th, as part of Tech2Trade Expo 2013 New York City (http://www.Tech2TradeExpo.com).

Cohen joined the Securities and Exchange Commission in 2004. He has been involved in significant enforcement actions involving investment advisers and companies, insider trading, market manipulation, public company accounting and financial disclosure violations. Currently, he is responsible for supervising investigations of large-scale market conduct. Prior to joining the SEC, Cohen was in private practice and served as a law clerk to the Honorable Alexander Williams, Jr., United States District Court for the District of Maryland. He received his J.D. from New York University School of Law, where he served on the Law Review, and received a B.S. from Cornell University.

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

Business

Lessons to be Learned from Flash Crash, BATS, NASDAQ & Knight Capital at HFT Conference in New York

July 18, 2013 staronepr Leave a comment

New York City, NY, USA (July 18, 2013) — Shell-shocked from the worst financial crisis since the Great Depression, retail investors have been welcomed to the post-2008 world by a string of structural hiccups that has further eroded confidence in the safety and soundness of the increasingly-complex capital markets. According to FOX Business, with the Flash Crash and the Facebook fiasco still within view, the latest challenge to investor confidence came last August in the form of a software glitch at Knight Capital Group that caused the market maker to take a stunning pretax loss of $461 million and launch a frantic search for a lifeline. The aftermath has investing professionals concerned about the ongoing retreat of retail investors and grasping for potential solutions to restore confidence in the system.

“We’ve seen enough of these computer mistakes since the Flash Crash that it makes you wonder the impact of computer trading on the market,” Robert Steven Kaplan, a professor at Harvard and former vice chairman at Goldman Sachs (GS), said. Darrell Duffie, a finance professor at Stanford, also said the Knight Capital incident could “raise concerns that the May 6 Flash Crash risks still exist.”

If nothing else, the Knight Capital trading glitch underscores the complexity of today’s capital markets, which have become increasingly dominated by complicated trading algorithms. “Consumers don’t understand markets any longer so they increasingly distrust our stock markets and are withdrawing,” David Weild, a senior advisor at Grant Thornton and former vice chairman at the Nasdaq Stock Market, wrote. “Deregulation stimulated competition but in extremis: The computer arms race that ensued, enabled by the SEC, has introduced a level of complexity and behaviors that is undermining investor confidence.”

Lessons to be learned from Flash Crash, BATS, NASDAQ and Knight Capital incidents are at the heart of the keynote speech Edgar Perez, author of The Speed Traders and the forthcoming Knightmare on Wall Street, will give to attendees at High Frequency Trading Leaders Forum 2013 New York City (http://www.HFTLeadersForum.com), July 30th, part of Tech2Trade Expo 2013 New York City (http://www.Tech2TradeExpo.com).

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 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.

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, 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
Golden Networking
+1-414-FORUMS0
jpetrova@goldennetworking.net
http://www.goldennetworking.net

Business

Employers Could Make a Costly Mistake With Early Health Insurance Renewal

July 16, 2013 straightlinepr Leave a comment

Colorado HealthOP Offers Free Health Insurance Business Analysis to Help Employers Determine Best Course of Action Related to Early Renewal

Denver, CO, July 15, 2013 — Many Colorado employers are considering renewing their health insurance early. For business owners, this deliberation is being driven by confusion about changes in healthcare, and for larger businesses, specifically by their struggles to understand how the Affordable Care Act employer mandate delay announced this month will affect health insurance decisions for them and their workforce. According to Colorado HealthOP, Colorado’s first statewide nonprofit health insurance cooperative (CO-OP), the decision to renew early could be a costly mistake.

“Business owners are feeling a lot of pressure to quickly lock in their 2014 health insurance rates. They are confused about the insurance landscape, and many insurance carriers are encouraging or providing incentives for early renewal,” said Julia Hutchins, chief executive officer of Colorado HealthOP. “Unfortunately, those that do not consider their options in 2014 prior to renewing may be missing out on opportunities to make smarter choices for their employees’ health and their bottom line.”

For many employers, waiting and exploring new options available in 2014 may be a better alternative. Colorado HealthOP shares these four reasons why waiting to renew health insurance may be the best choice for many business owners:

1. Small employers will have more health insurance options. The number of carriers actively selling products in the small group market in 2014 has increased. New companies like Colorado HealthOP are offering innovative products that may be a better fit for employers committed to the health and wellness of their workforce.

2. Employees of small businesses get more choices. Small businesses that purchase insurance through Connect for Health Colorado’s small group exchange have the opportunity to offer their employees a choice of multiple health plans from multiple carriers, rather than contracting with one overarching health plan. For employers that have historically not been able to give their employees a lot of choice, this is a major benefit of waiting to renew.

3. Businesses of all sizes have the option of considering whether the individual market may actually be best for employees. For some employers, directing employees to Connect for Health Colorado to purchase a health plan may actually allow their employees to access richer benefits at a lower cost. This is especially true for businesses with a large percentage of employees who qualify for income-based subsidies.

4. Employers and individuals may be able to access health plan prices that are comparable to current renewal prices. When preliminary insurance rates were released in early June, small businesses and individuals alike were pleasantly surprised to see reasonable prices comparable to 2013. When Connect for Health Colorado launches in October, employers and individuals may find that there is financial benefit in waiting to renew their health insurance in Colorado.

“As a responsible manager of their employees’ benefit plan, business owners need to research their options and do their financial due diligence, particularly around early renewal,” said Hutchins. “This is particularly important to ensure that early renewal does not put the business at risk for future financial or legal problems.”

To help reduce the confusion, Colorado HealthOP is offering a free health insurance analysis to help employers determine if renewal of their current plan, purchasing a plan on the health insurance marketplace or directing employees to the individual market is likely to be the best choice for them. The analysis considers the size and composition of a company’s workforce and determines the optimal path for employers.

To learn more about how changes in healthcare will impact businesses, please visit www.COhealthOP.org/Employer to opt in to updates from Colorado HealthOP. To schedule a free health insurance analysis, contact Colorado HealthOP at 720.627.8900.

About Colorado HealthOP:
Colorado HealthOP offers a new alternative to traditional health insurance in Colorado. A nonprofit health insurance cooperative, Colorado HealthOP and its members are committed to providing affordable, quality coverage to individuals and employers interested in making a difference in their own health, their employees’ health and the health of their community. Colorado HealthOP aims to improve health outcomes by putting the responsibility for consumers’ care back into the hands of the cooperative’s members and providers. A private market solution tailored for individuals and employers, Colorado HealthOP will begin open enrollment on October 1, 2013 via Connect for Health Colorado, Colorado’s health insurance marketplace, and through independent brokers and agents. Coverage will begin January 1, 2014. For more information about Colorado HealthOP, please visit www.COHealthOP.org or call 720.627.8900.

Contact:
Shannon Fern
Communications Strategy Group
3225 East 2nd Avenue
Denver, Colo 80206
303-433-7020
shannon.fern@COHealthOP.org
http://www.csg-pr.com

Business

URALCHEM Increased Production in the First Half of 2013

July 15, 2013 staronepr Leave a comment

Production from all enterprises in the URALCHEM group of companies amounted to 3.14 million tons in the first half of 2013. Output increased by 0.7% compared to the same period last year.

Moscow, Russia (July 15, 2013) — Production from all enterprises in the URALCHEM group of companies amounted to 3.14 million tons in the first half of 2013. Output increased by 0.7% compared to the same period last year.

Production of ammonium nitrate reached 1.42 million tons, an increase by 1% over the same period last year. Ammonia production increased by 1% to 412 thousand tons. Urea production rose to 613.8 thousand tons, which is 2% more than in the first six months of 2012. Output of complex fertilizers (NPK) increased by 1% to 293.2 thousand tons. Production of phosphate fertilizers (MAP / DAP) decreased by 3% to 245.2 thousand tons.

Dmitry Konyaev, CEO of URALCHEM, OJSC, commented on the results for the first half of 2013, “As a result of ongoing projects to improve production efficiency, URALCHEM is continuing to increase output of its key nitrogen products, thereby maintaining a leading position among Russian manufacturers. During the period, the dynamics of phosphate fertilizer production reflected the overall situation on the global market for mineral fertilizers. The continuing low consumer activity in Asian countries, especially in India, has led to a global decline in the prices for phosphate fertilizers. URALCHEM’s wide range of products allows us to respond flexibly to changes in the market. The company continues to expand its product portfolio and has now entered a new niche, that of water-soluble fertilizers. These high-margin products are the fastest growing segment of today’s global market.”

-Ends-

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

Business

Best China Business and Finance Networking in New York City at China Happy Hour Next Tuesday 23

July 12, 2013 staronepr Leave a comment

China Happy Hour New York City (www.chinahappyhour.com), Every 4th Tuesday, Brings Together Chinese Business Leaders for Evenings of Fast-paced Networking and Cocktails in Midtown Manhattan.

New York City, NY, USA (July 12, 2013) — Golden Networking’s China Happy Hour has become the best well-attended networking series in New York City, providing business executives and journalists with the best China networking in New York City. China Happy Hour (http://www.ChinaHappyHour.com) is held every fourth Tuesday of the month, this time, on July 23rd, 6PM. China Happy Hour have been known to attract executives and professionals not only from China but also from South Korea, Singapore, Malaysia, Indonesia, Japan, and India, among other nationalities.

Companies represented in past editions of Golden Networking’s Happy Hour include Alaris Trading Partners, Andrews Securities, Apollo Advisors, Atlantic Advisory Group, Avatar, Blackstone, Capital Advisors, Citadel, Infinium Capital, KKR, Lightspeed, Lime Brokerage, Mahogany Partners, MNG Capital , Monolith Capital Trading Partners, Morgan Stanley, MSF Capital Advisors, Nirvana Capital, Nobilis Capital, OneMarketData, Citi, CNBC, Comscient, Credit Suisse, DE Shaw, Deutsche Bank, Duane Morris, Eagle View Asset Management, Falcon Technology Systems, General Atlantic, GETCO, Goldman Sachs, Greyfields, IBM, OneTick, Providence, RBS, SBS Securities, Silver Lake, The Carlyle Group, Twin Capital Management, UBS, among others.

Golden Networking is the premier networking community for business executives, entrepreneurs and professionals, to experience what is new and next. They are treated to exclusive industry-wide Leaders and Experts Forums, Experts Workshops, Business Receptions and Professional Nights, which have been featured in the business and financial press. Golden Networking provides company owners and business executives a platform to expand their firms’ revenues through networking, introduction to key players and sponsorship of our functions. There is virtually no individual or company in any industry or country in the world that can’t be reached through Golden Networking.

Panelists, speakers and sponsors are invited to contact Golden Networking (http://www.goldennetworking.com) by calling +1-414-FORUMS0 or sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including articles in The Wall Street Journal, “Happy Hour for High-Frequency Trading”, The New York Times, “Golden Networking Helps Job Seekers Make Overseas Connections”, Los Angeles Times, “Speed-addicted traders dominate today’s stock market” and Reuters, “Revamp looms as trading experts huddle at SEC”.

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

Business

Breakthrough in U.S.-China Trade Negotiations at Golden Networking’s China Happy Hour New York City

July 12, 2013 staronepr Leave a comment

China Happy Hour New York City (www.chinahappyhour.com), Every 4th Tuesday, Brings Together Chinese Business Leaders for Evenings of Fast-paced Networking and Cocktails in Midtown Manhattan.

New York City, NY, USA (July 12, 2013) — There is often a lot of effervescence that comes out of diplomatic meetings, says The Wall Street Journal’s John Bussey. And so it was today Thursday, when the U.S. announced a “breakthrough” in trade talks with China-the same negotiations that, over many years, have produced lots of promises and little progress. What happened was that the two sides agreed to continue negotiating a so-called bilateral investment treaty, or BIT, but under a new model treaty announced last year that has additional market-opening requirements.

Among the reasons China wants a treaty is that it has very big investment ambitions in the U.S. Some of its investments have been blocked by U.S. national security concerns, and for other reasons. An investment treaty would give China a lot more clarity about the rules of the road, give it a way to appeal for compensation if a deal is blocked, and provide China something of an overall seal of approval. Some Chinese leaders also want to use a trade deal to force additional economic reform at home.

The U.S. wants a treaty because companies-from oil drillers to bankers-still don’t have the market access China promised when it signed previous trade pacts, notably when it entered the WTO. What do Chinese business executives and journalists want in New York City? They all just want to attend Golden Networking’s China Happy Hour (http://www.ChinaHappyHour.com), the best China networking in the Big Apple, to be held Tuesday July 23rd, 6PM.

Companies represented in past editions of Golden Networking’s Happy Hour include Alaris Trading Partners, Andrews Securities, Apollo Advisors, Atlantic Advisory Group, Avatar, Blackstone, Capital Advisors, Citadel, Citi, CNBC, Comscient, Credit Suisse, DE Shaw, Deutsche Bank, Duane Morris, Eagle View Asset Management, Falcon Technology Systems, General Atlantic, GETCO, Goldman Sachs, Greyfields, IBM, Infinium Capital, KKR, Lightspeed, Lime Brokerage, Mahogany Partners, MNG Capital, Monolith Capital Trading Partners, Morgan Stanley, MSF Capital Advisors, Nirvana Capital, Nobilis Capital, OneMarketData, OneTick, Providence, RBS, SBS Securities, Silver Lake, The Carlyle Group, Twin Capital Management, UBS, among others.

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