Tag Archives: speed trading

High-Speed Trading in the Spotlight at Golden Networking’s The Speed Traders Workshop 2012 New York City

Edgar Perez, Author, The Speed Traders, Speaker at The Speed Traders Workshop 2012 New York (www.thespeedtradersworkshop.com), How Algorithmic and High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX, September 25.

New York City, NY, USA (September 20, 2012) — The Wall Street Journal’ Scott Patterson reports that an insider of the secretive world of high-frequency trading is set to attack that industry on Capitol Hill, giving lawmakers a potential road map to address practices that critics say can put ordinary investors at a disadvantage and the financial system at risk. Just north in New York City, Edgar Perez will present The Speed Traders Workshop 2012, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (http://www.thespeedtradersworkshop.com), on September 25.

Since rapid-fire trading firms now provide many of the buy and sell orders that support the market, investors are at the mercy of automated systems that can run amok during volatile times.

Regulators are looking into whether exchanges, in a rush to gain the business of high-frequency firms, have provided advantages to some sophisticated trading firms that allow them to trade profitably at the expense of other investors, according to people familiar with the continuing probes. High-frequency trading accounts for some two-thirds of all trading volume, experts say.

The SEC is conducting an inquiry into whether high-frequency firms use those order types to jump in front of other investors. In a page-one article Wednesday, The Wall Street Journal reported that Haim Bodek, who helped run a high-frequency trading firm, told SEC enforcement officials last year that he believed exchanges were giving certain sophisticated trading firms special advantages that helped them beat out other investors.

The Speed Traders Workshop 2012 New York promises to reveal 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 Flash Crash, the suspended BATS IPO, the botched Facebook IPO and Knight Capital’s trading malfunction are just a few of the events in the history of high-frequency trading that will be dissected at The Speed Traders Workshop 2012.

Who should attend? Anybody involved with Algorithmic Trading, Automated Trading, Commodities, Commodities Trading, Credit Derivatives, Dark Pools Trading, Data Monitoring / Analysis, DMA Analysts, Derivatives Trading, Electronic Execution, Electronic Trading, Equity Trading, Exchange-Traded Instruments, Family Offices, Financial Engineering, Fixed Income / Currencies Trading, Futures, Hedge Funds Traders and Managers, High-Frequency Trading, Information Technology, Institutional Investors, Investment Banking, Market Makers, Operations, Options, Over-the-counter Derivatives, Portfolio Management, Proprietary Trading, Quantitative Trading, Regulatory Entities, Risk Management, Analysis and Control, Statistical Arbitrage, Structured Products Hedging and Trading Technology.

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

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 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 CME Group’s Global Financial Leadership Conference 2012, 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 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.

The Speed Traders Workshop 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

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

Rock Stars Traders and Quants to be Announced for High-Frequency Trading Leaders Forum 2012 in New York, Chicago and London

Building off of the momentum of past conferences, Golden Networking brings back High Frequency Trading Leaders Forum 2012, “How Knight Capital’s ‘Knightmare on Wall Street’ Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers”, now in New York, Chicago and London (www.High-Frequency-Trading-Conference.com).

New York City, NY, USA (September 4, 2012) — The list of rock stars quants and traders coming to speak at Golden Networking’s High Frequency Trading Leaders Forum 2012, “How Knight Capital’s ‘Knightmare on Wall Street’ Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers” (http://www.High-Frequency-Trading-Conference.com), in New York, (September 25), Chicago (October 9) and London (December 12), will be announced this week by Golden Networking, organizer of some of the most influential conferences in the financial services industry.

August 1st, 2012, marks the day when electronic trading powerhouse Knight Capital’s trading algorithms went berserk and nearly bankrupted the company. In the weeks following the incident, global reactions were swift and harsh, with some pundits calling for more regulatory oversight with others insisting that the market will sort this out by itself. However, even the most steadfast electronic market structure supporters admit that something needs to be done.

“How Knight Capital’s ‘Knightmare on Wall Street’ Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers” is exactly the theme of High-Frequency Trading Leaders Forum 2012 (http://www.HFTLeadersForum.com), forum that will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands through insightful keynote speeches and thought-provoking panels.

High Frequency Trading Leaders Forum 2012, How Knight Capital’s ‘Knightmare on Wall Street’ Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers”, will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

With insightful keynote speeches and highly regarded panels, everybody involved in high-frequency trading will gain inside knowledge about the latest technologies that can drastically optimize HFT infrastructures and take a first look at upcoming regulations that could radically change the HFT firms’ business model. Topics that will be discussed at High Frequency Trading Leaders Forum 2012 include the movement toward emerging markets, every time more attuned to the use of bots, the regulatory environment, how new technologies are changing the game, including FPGA applications, and a look at the upcoming regulatory changes that will definitely impact how speed traders capture alpha.

High Frequency Trading Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Sangeeta Nandi
Media Relations Coordinator
Golden Networking
516-761-4712
snandi@goldennetworking.net
http://www.goldennetworking.net

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

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

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

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

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

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

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

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

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

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

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

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

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

Bart Chilton, Commodity Futures Trading Commission (CFTC), at High Frequency Trading Leaders Forum 2012

Building off of the momentum of past conferences, Golden Networking brings back High Frequency Trading Leaders Forum 2012, now in New York, Chicago and London (www.HFTLeadersForum.com).

New York City, NY, USA (July 26, 2012) — Commissioner Bart Chilton, Commodity Futures Trading Commission, will return this fall to Golden Networking’s High Frequency Trading Leaders Forum 2012, “How Traders, Brokers, Exchanges and Dark Pools Navigate the Most Challenging Regulatory Landscape”. This conference will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

Mr. Chilton was nominated by President Bush and confirmed by the U. S. Senate in 2007. In 2009, he was re-nominated by President Obama and reconfirmed by the Senate. He has served as the Chairman of the CFTC’s Energy and Environmental Markets Advisory Committee (EEMAC). His career spans 25 years in government service-working on Capitol Hill in the House of Representatives, in the Senate, and serving in the Executive Branch during the Clinton, Bush and Obama Administrations.

Prior to joining the CFTC, Mr. Chilton was the Chief of Staff and Vice President for Government Relations at the National Farmers Union where he represented family farmers. In 2005, Mr. Chilton was a Schedule C political appointee of President Bush at the U. S. Farm Credit Administration where he served as an Executive Assistant to the Board. From 2001 to 2005, Mr. Chilton was a Senior Advisor to Senator Tom Daschle, the Democrat Leader of the United States Senate, where he worked on myriad issues including agriculture and transportation policy.

From 1995 to 2001, Mr. Chilton was a Schedule C political appointee of President Clinton where he rose to Deputy Chief of Staff to U. S. Secretary of Agriculture Dan Glickman. In this role, Mr. Chilton became a member of the Senior Executive Service (SES)-government executives selected for their leadership qualifications to serve in the key positions just below the most senior Presidential appointees. As an SES member, Mr. Chilton served as a liaison between Secretary Glickman and the Federal work force at USDA.

From 1985 to 1995, Mr. Chilton worked in the U. S. House of Representatives where he served as Legislative Director for three different Members of Congress on Capitol Hill and as the Executive Director of the bipartisan Congressional Rural Caucus. Mr. Chilton previously served on the Boards of Directors of Bion Environmental Technologies and the Association of Family Farms.

Mr. Chilton was born in Delaware and spent his youth in Indiana, where he attended Purdue University (1979-1982). He studied political science and communications and was a collegiate leader of several organizations. Mr. Chilton and his wife, Sherry Daggett Chilton, split their time between Washington, D.C. and Arkansas.

High Frequency Trading Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.

Media Contact:
Julia Ye
Media Relations Coordinator
Golden Networking
516-761-4712
jye@goldennetworking.net
http://www.goldennetworking.net

Review of Speed Trading in China at High Frequency Trading Happy Hour

After The Speed Traders Workshop 2012 in Beijing and Shanghai, Mr. Edgar Perez will Present ‘HFT in China: Mirage or Reality’, at High-Frequency Trading Happy Hour, June 13.

(June 12, 2012, New York) — Mr. Edgar Perez, author of The Speed Traders: An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, will present HFT in China: Mirage or Reality during High Frequency Trading Happy Hour New York, June 13, 6PM (http://www.HFTHappyHour.com). Traders, quants, investors, hedge fund managers and interested professionals will converge at Union Square for what promises to become a informative and engaging session.

Mr. Perez, who is returning from China after presenting The Speed Traders Workshop 2012 (http://www.TheSpeedTradersWorkshop.com) in Beijing and Shanghai, will provide his insights on the regulators and exchanges’ points of view about high-frequency trading, a style of trading already prevalent in most of the developed world. Is China becoming the next frontier in big high-frequency trading? Expectations are terribly ahead of their time? Mr.. Perez had the opportunity to learn directly from practitioners and exchanges where high-frequency trading really stands, from stock trading at Shanghai Stock Exchange to futures at China Financial Futures Exchange to commodities at Shanghai Futures Exchange.

Mr. Perez (http://www.TheSpeedTraders.com) is widely regarded as the preeminent speaker in the specialized area of high-frequency trading. He is course director of The Speed Traders Workshop 2012, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, Beijing, Shanghai), and was Adjunct Professor at the Polytechnic Institute of New York University, where he taught Algorithmic Trading and High-Frequency Finance.

Mr. Perez has been featured on CNBC Cash Flow (with Oriel Morrison), CNBC Squawk Box (with Geoff Cutmore), BNN Business Day (with Kim Parlee), TheStreet.com (with Gregg Greenberg), Channel NewsAsia Business Tonight and Cents & Sensibilities (with Lin Xue Ling), NHK World, iMoney Hong Kong, Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, The Korea Herald, FIXGlobal Trading, The Korea Times, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the U.S. Securities and Exchange Commission, CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University and Pace University, among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, 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).

More information about sponsorship opportunities can be requested writing to info@goldennetworking.net. High-Frequency Trading Happy Hour is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors.

Contact:
Julia Petrova
Media Relations Manager
Golden Networking
516-761-4712
jpetrova@goldennetworking.net
http://www.goldennetworking.net