Main Conference Day 1

8:00 Coffee & Registration Coffee & Registration

8:30 Chair’s Welcome Address Alasdair Haynes, Independent Expert, Former Chief Executive Officer at Chi-X Europe Ltd. Chair’s Welcome Address Alasdair Haynes Independent Expert, Former Chief Executive Officer at Chi-X Europe Ltd.

8:40 Looking into the future of asset management: how is the economic environment and investor sentiment changing buy side strategies and priorities? Richard Lacaille, CIO, State Street Global Advisors How is the economic environment and investor sentiment changing buy side strategies and priorities? Keeping a handle on investor sentiment when market conditions are volatile. How can this be gauged with the accuracy required? Overhauling investment and trading strategy in a global asset management firm in response to wild variations in levels of investor risk appetite Projecting the impact of market conditions to pre-empt a permanent and radical change in buy side strategies and focus What are the proactive measures SSGA are taking to adapt to the current economic situation and shrinking liquidity? How does a leading long only firm respond to the rise of high frequency trading? Richard Lacaille CIO, State Street Global Advisors Rick is Global Chief Investment Officer (CIO) of State Street Global Advisors and a member of the firm's Executive Management Group. In his role as Chief Investment Officer Rick has responsibility for all investment management activity at SSgA, including research and trading. Prior to his current role, Rick was Head of Global Active Equities, and previously European CIO. Rick also serves on the Eu [read more]

9:10 Paper Promises: Why the debt crisis heralds a new world order Philip Coggan, Capital Markets Editor, The Economist Why the debt crisis heralds a new world order How the current debt crisis will completely revolutionise how we do business The fate of the traditional 3 tiered industry model Implications of the social backlash to the banking crisis on the financial world Future of regulation and how much of an impact will this have on trading Global economies – how will each zone fare and will the current world order be turned on its head Philip Coggan Capital Markets Editor, The Economist Philip Coggan is the Buttonwood columnist of The Economist. Previously, he worked for the Financial Times for 20 years, most recently as Investment Editor. In that post, he founded the "Short View" column and wrote the "Long View" and "Last Word" columns. In 2009, he was voted Senior Financial Journalist of the Year in the Wincott awards and best communicator in the business journalist of the year [read more]

9:40 Global Growth Drivers and Drags into 2013 Peter Hooper, Managing Director, Chief Economist , Deutsche Bank Securities Global Growth Drivers and Drags into 2013 Peter Hooper Managing Director, Chief Economist , Deutsche Bank Securities Peter Hooper is currently Managing Director, Chief Economist for Deutsche Bank Securities in New York, and co-head of Deutsche Bank’s Global Economics team. He joined Deutsche Bank Securities in the fall of 1999, first as Chief International Economist and shortly thereafter as Chief US Economist. He became Chief Economist and co-head of global economics in 2006. Prior to joining Deutsche Bank, Hoo [read more]

10:10 Panel Debate: the role and impact of capital markets on society and its economic and political stability: Is it possible to create fair & transparent markets? Richard Lacaille, CIO, State Street Global Advisors Ruben Lee, CEO, Oxford Finance Group Rainer Riess, MD, Deutsche Boerse Mark Hemsley, CEO, BATS Chi-X Europe Natan Tiefenbrun, Head of Product, LSEG Equities & Derivatives, Turquoise Is it possible to create fair & transparent markets? European regulation: fair, over-reaction or missing the point? Are the regulators encouraging public demonisation of the capital markets? What practical steps can the industry take to rebuild trust? Is there a perfect government-regulator-markets dynamic? What does this look like? Will Financial Transaction Tax lead to a shift in power among Europe’s financial centres? Hasn’t this all happened before? And what is coming next…? Richard Lacaille CIO, State Street Global Advisors Rick is Global Chief Investment Officer (CIO) of State Street Global Advisors and a member of the firm's Executive Management Group. In his role as Chief Investment Officer Rick has responsibility for all investment management activity at SSgA, including research and trading. Prior to his current role, Rick was Head of Global Active Equities, and previously European CIO. Rick also serves on the Eu [read more] Ruben Lee CEO, Oxford Finance Group Ruben Lee is the CEO and Founder of Oxford Finance Group, a consulting firm which concentrates on business, economic, legal, political, regulatory and strategic aspects of financial markets. His clients include international finance organisations, governments, regulators, exchanges, clearing and settlement organisations, broker-dealers, data vendors, custodians, fund managers, commercial and inves [read more] Rainer Riess MD, Deutsche Boerse Rainer Riess is Member of the Management Board of the Frankfurt Stock Exchange and Managing Director XETRA Market Development at Deutsche Börse. He is responsible for sales and business development of all cash market activities of Deutsche Börse AG, comprising of the electronic trading system Xetra® and the floor of the Frankfurt Stock Exchange. Currently, more than 250 member ins [read more] Mark Hemsley CEO, BATS Chi-X Europe Mark Hemsley was appointed chief executive officer for BATS Chi-X Europe in 2011 following the acquisition of Chi-X Europe by BATS Global Markets. Mr. Hemsley was previously chief executive of BATS Europe taking a pioneering role as one of its first employees during its formation in 2008. Under Mr. Hemsley's leadership, BATS Europe became a dominant player amongst pan-European trading venues and a [read more] Natan Tiefenbrun Head of Product, LSEG Equities & Derivatives, Turquoise Natan is responsible for developing the trading products and services on LSEG equities and derivatives markets, including LSE, Borsa Italiana and Turquoise. He has extensive expertise in the business and technology of electronic trading platforms and algorithmic trading. Natan spent 12 years with Instinet, managing the firm's algorithmic trading, dark pool equity crossing, portfolio trading, execu [read more]

10:55 Refreshments and Networking in the TradeTech Exhibition Refreshments and Networking in the TradeTech Exhibition

11:25 Faster. Closer. Smarter - A fabric for the future, fit for the markets today Tom Regent, President, Global Banking and Financial Markets, BT As the mega-volume, super-high speed requirements of global financial markets coincide with the widespread adoption of cloud computing, we must now consider computing and networks not as separate entities, but elements of a single fabric that enables the industry end-to-end. What new technologies are in the pipeline to strengthen this fabric. Tom Regent President, Global Banking and Financial Markets, BT Tom Regent was appointed president of Global Banking and Financial Markets in January 2012 and Global Sales & Marketing in November 2010 within BT Global Services. Reporting directly to CEO Jeff Kelly, Tom leads an international team providing networked IT services to the world's largest banks, insurance companies and other financial services organisations. BT Global Banking WBR_AM [read more]

11:45 Survival of the fittest? Revamping your business to cope with the new post regulation trading environment: Reshaping market structure & finding enough of the right liquidity to bring value to the end investor Brian Schweiger, MD & Head of EMEA Algorithmic Trading, Bank of America Merrill Lynch Rob Boardman, MD & CEO EMEA, Investment Technology Group Inc Martin Ekers, Head of Dealing, Northern Trust Investments Joseph Wald, Managing Director, Knight Dale Brooksbank, Head of European Trading, State Street Global Advisors Larry Tabb, CEO, Tabb Group Reshaping market structure & finding enough of the right liquidity to bring value to the end investor How appropriate is a “survival of the fittest” attitude, as recently flourishing business units are now threatened with total extinction? Who is competing with who? And will the end investor ultimately stand to gain? Is the industry planning to downsize or are we going to see growth in electronic trading and changes in costs structures? Where lies the next big market opportunity? Who will be the new market leaders? In a new regulatory environment, what now makes for a compelling value proposition? Brian Schweiger MD & Head of EMEA Algorithmic Trading, Bank of America Merrill Lynch Brian Schwieger is head of EMEA Algorithmic Trading for Bank of America Merrill Lynch, managing the Quantitative Engineering, Execution Consulting and Marketing associated with BofA Merrill Lynch’s algorithmic product in Europe. Brian joined Merrill Lynch in 2005 with the initial responsibility to build and manage their Execution Desk for sales-trading of the Algorithmic product. With over 15 year [read more] Rob Boardman MD & CEO EMEA, Investment Technology Group Inc Since 2010 Rob Boardman has been CEO EMEA for Investment Technology Group. His teams provide execution tools, services and analytics for institutional clients trading Equity Securities. Prior to his current role Boardman was Head of Electronic Trading and Head of Algorithmic Trading Sales for ITG in Europe. Investment Technology Group, Inc., is an independent agency research broker that partners w [read more] Martin Ekers Head of Dealing, Northern Trust Investments NTGI has some $662bn of assets under management (as at March 2011) and Martin heads the international equity trading effort from London for the passive equity business as well as the transition management and active equity groups. Prior to joining NTGI in 2005, Martin’s buy side career had been as Head of Equity Dealing at Morley Fund Management (now Aviva Investors Ltd). Prior to that, on the sel [read more] Joseph Wald Managing Director, Knight Joseph Wald is a Managing Director at Knight and is head of its institutional electronic trade execution services. In this role, Mr. Wald oversees strategy, development and implementation of the firm’s sophisticated electronic products and services. Mr. Wald joined Knight in 2008 following the firm’s acquisition of EdgeTrade, a leading developer of agency-only algorithmic trading strategies and di [read more] Dale Brooksbank Head of European Trading, State Street Global Advisors Dale is a Managing Director and the Head of the European Trading team with responsibility for Equity, Fixed Income, Currency and Futures execution for SSgA in London. Dale started his career trading Fixed Income and equities at ANZ Grindlay's Bank, and then global equities and derivatives at Sarasin. Prior to joining SSgA, Dale was with Legal and General Investment Management where he was trading [read more] Larry Tabb CEO, Tabb Group Larry Tabb is the founder and CEO of TABB Group, the global financial markets’ strategic advisory and research firm focused exclusively on capital markets. TABB Group helps senior leaders throughout the industry make critical decisions about their business by accurately assessing their customer base, competition, and evaluating key market opportunities.Founded in 2003 and based on an interview-bas [read more]

12:30 Guest speaker: Living in the world of algos – are we really set to loose control to algos we wrote and implemented ourselves? Kevin Slavin, Founder, Area/Code Living in the world of algos – are we really set to loose control to algos we wrote and implemented ourselves? How far will we go to terraform the earth to make sure that some algorithms run as fast as possible, in order to make more of something that doesn't exist? Is it true that all of that money being transferred and "created" is just an idea, a system we've developed to make the exchange of goods a less cumbersome affair? And now as we are making these algos work faster and faster, what does the future hold? How much real mastery do we have in a world designed for - and increasingly controlled by – algorithms? What happens now that we are writing code we can't understand, with implications we can't control? Kevin Slavin Founder, Area/Code Kevin is currently advising and investing in several new startups including locative games, education analytics, luxury retailing, algorithmic sports analysis, visual search, and online video advertising. Kevin’s thinking and ventures have been featured in major business publications such as the Wall Street Journal, The New York Times, Wired, Businessweek and Fast Company. Recent feature profiles [read more]

13:10 Wrap Up By The Chair Wrap Up By The Chair

13:15 Networking Lunch For Delegates & Speakers Networking Lunch For Delegates & Speakers

Theatre 1 Trading Infrastructure

Enhancing the speed and performance of your trading infrastructure Chaired by: Mike Powell, Managing Director, Elektron Hosting & Managed Services , Thomson Reuters Content designed for: Buy Side: Head of Trading Technology, Trading Systems Developer/Programmer, Head of IT, Head of Business Analysis/Systems, Head of Front Office Technology, CTO, Head of Trading Sell Side: Head of Connectivity, FIX, Onboarding, Architecture, CTO Mike Powell Managing Director, Elektron Hosting & Managed Services , Thomson Reuters

14:15 Determining how to minimise IT cost while achieving optimal trading system performance Moderated by: Victor Lebreton Nik Wislang, Head of Trading Technology, GLG Partners Vivake Gupta, CEO, Lab49 Victor Lebreton, Independent Director, Quant Hedge David Miller, Senior Dealer, Invesco Perpetual Igor Lobanov, Enterprise Solutions Architect, Legal and General Investment Management Determining the impact market turmoil is having on IT spending; do technologists take a short, medium, or long term view of investing in IT? Identifying buy side, sell side, exchange, and technology provider priorities over the next 6, 12, and 18 months to forecast where IT budget will be spent What is the true cost of trading? Is product complexity putting our industry at risk? Examining your operations to uncover IT spending that can be minimised or eliminated Best practices for minimizing cost without affecting system performance across the industry Nik Wislang Head of Trading Technology, GLG Partners Nik is head of Trading Technology Group at GLG Partners having joined in 2004. He has over 20 years of experience in system development, with more than 16 year in the financial services industry. Prior to GLG, Nik was regional sales manager at Energy Brokers NZ before joining Deutsche Bank London, where he spent 8 years developing market risk management systems. Nik started his career as a system [read more] Vivake Gupta CEO, Lab49 Vivake Gupta serves as Chief Executive Officer of Lab49. Vivake holds a B.A. from the University of Chicago and an M.B.A. from The Wharton School of the University of Pennsylvania. Additionally, he is Chairman of the Young Presidents’ Organization (YPO) London Chapter; sits on the board of Wharton Entrepreneurial Programs; and represents Lab49 at the World Economic Forum (of which Lab49 is a Globa [read more] Victor Lebreton Independent Director, Quant Hedge Victor Lebreton manages the strategies and the electronic trading platform for the prop-trading company QUANT HEDGE. Before that, he was an IT consultant for trading and operations for major Banks and Consulting companies. In 2008 he moved to electronic trading to develop trading strategies based on cutting edge approach. Today, he is also a teacher for electronic markets for a major engineer scho [read more] David Miller Senior Dealer, Invesco Perpetual David Miller was a market maker at Smith New Court from 1982 to 1995, and then Market Controller for Tradepoint, the first order driven exchange in the UK, until 2000. Following that David resumed trading with Knight Securities then returned to Tradepoint, after it had become Virt-x, as a consultant. David joined Invesco Perpetual in 2001 and currently heads a small team of specialist pan-european [read more] Igor Lobanov Enterprise Solutions Architect, Legal and General Investment Management Igor Lobanov is the Enterprise Architect at Legal & General Investment Management, one of Europe’s largest institutional asset managers with £371bn assets. He is responsible for defining technology strategy for the Front Office and Central Dealing functions. Igor has 12 years experience in developing mission-critical enterprise applications predominantly for financ [read more]

14:45 Panel: Best practices to enhance the performance of your global trading infrastructure Moderated by: Victor Lebreton Sudhakar Mekathotti, CTO, Cantor Fitzgerald Simon Jones, Senior Product Marketing Manager, IPC Systems Inc Victor Lebreton, Independent Director, Quant Hedge Mark Casey, President & CEO, CFN Services Exploiting the right tools and solutions to reach global markets more cost effectively and efficiently Overcoming the structural inefficiencies on buy and sell side global desks Determining when to send trades to different global desks and managing these connections Minimising latency when connecting your global trading desks to market centre Reducing multiple execution and venue connections down to a single point of presence to increase efficacy; which networks support this evolution towards a hub and spoke model? Sudhakar Mekathotti CTO, Cantor Fitzgerald Sudhakar Mekathotti, Chief Technology Officer of Cantor Fitzgerald Europe and Asia based in London. He joined Cantors London office in 2005 and has been involved in defining and implementing their global equities trading architecture. Prior to that, he worked at M&G as a Senior Designer/Developer implementing data integration services. He has about 20 years of experience working in [read more] Simon Jones Senior Product Marketing Manager, IPC Systems Inc Simon Jones is responsible for Product Marketing within IPC’s EMEA region. Simon‘s experience has been gained through the product development and marketing of emerging communications technologies within both enterprise and consumer market sectors. Prior to joining IPC, Simon has worked within organisations such as Nokia, Siemens and O2. Most recently Simon was responsible for the development and m [read more] Victor Lebreton Independent Director, Quant Hedge Victor Lebreton manages the strategies and the electronic trading platform for the prop-trading company QUANT HEDGE. Before that, he was an IT consultant for trading and operations for major Banks and Consulting companies. In 2008 he moved to electronic trading to develop trading strategies based on cutting edge approach. Today, he is also a teacher for electronic markets for a major engineer scho [read more] Mark Casey President & CEO, CFN Services Mark is the President and CEO of CFN Services. He has delivered results for clients in the global communications markets with companies including AT&T, Verizon, and CSX for more than 20 years. Since 2001, he has led CFN Services in developing high-performance, network and application-delivery solutions for real-time, mission-critical applications. Mark has also pioneered the design [read more]

15:15 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

15:45 The Changing Dialogue Of News - The New Ecosystem Robert Passarella, Vice President , Dow Jones What content producers and traders can and are doing to turn news from a commodity to a competitive advantage. From tapping local knowledge to extended coverage of key events – what really gives traders an edge? How new technologies are enabling traders to leverage news in new and profitable ways. Moving beyond business headlines to identify market-moving stories from politics to weather Robert Passarella Vice President , Dow Jones Robert Passarella has spent over 18 years on Wall Street in the gray zone between business and technology. Rob has always focused on leveraging technology and innovative information sources to empower Equity Research and serve clients. A veteran of Morgan Stanley, JP Morgan, Merrill Lynch, and Bear Stearns; he has seen the transformational challenges first hand, up close, and personal. Always intr [read more]

16:15 Panel: Developing a state-of-the-art Order Management System (OMS) to fully support your overall business requirements Moderated by: Igor Lobanov Chris Grove, Senior Business Systems Analyst, Royal London Asset Management David Miller, Senior Dealer, Invesco Perpetual Igor Lobanov, Enterprise Solutions Architect, Legal and General Investment Management Identifying the short and long term needs of your trading operations to determine whether your current OMS will meet those needs Creating the infrastructure to support your new OMS; developing adaptors to feed data in and out; configuring FIX connections Creating better connectivity between the OMS and EMS to effectively manage trading and performance; working with your OMS and EMS providers to best manage expectations Enhancing the portfolio management screen to get performance calculations and compliance checks more quickly Examining trends in buy and sell side usage, enhancement, and purchase of OMS and EMSs Chris Grove Senior Business Systems Analyst, Royal London Asset Management David Miller Senior Dealer, Invesco Perpetual David Miller was a market maker at Smith New Court from 1982 to 1995, and then Market Controller for Tradepoint, the first order driven exchange in the UK, until 2000. Following that David resumed trading with Knight Securities then returned to Tradepoint, after it had become Virt-x, as a consultant. David joined Invesco Perpetual in 2001 and currently heads a small team of specialist pan-european [read more] Igor Lobanov Enterprise Solutions Architect, Legal and General Investment Management Igor Lobanov is the Enterprise Architect at Legal & General Investment Management, one of Europe’s largest institutional asset managers with £371bn assets. He is responsible for defining technology strategy for the Front Office and Central Dealing functions. Igor has 12 years experience in developing mission-critical enterprise applications predominantly for financ [read more]

16:45 Panel: Cost-effective capture and processing of data to enhance Transaction Cost Analysis (TCA) Moderated by: Marcus Hooper Neil Joseph, VP Trading Technology, J.P. Morgan Asset Management Marcus Hooper, Managing Director, Market Acumen Ltd. Gert Raeves, Research Director Capital Markets, TowerGroup William Capuzzi, Managing Director, ConvergEx Group, President, G-Trade Services Determining what information the buy side should be pressing their brokers for in order to create more effective pre- and post-trade cost analysis (TCA) Examining your current systems to determine if they can support the enhanced data capturing and processing you need Working with your traders to determine what data should be captured, then implementing parameters into your existing or new system Developing a reporting capability and determining how to slice and dice reports Neil Joseph VP Trading Technology, J.P. Morgan Asset Management Neil has over ten years experience with JPMorgan. Having graduated with First Class Honours in Business Computing, he initially worked within Investment Banking Technology, and moved to JPMorgan Asset Management in 2003. Having worked closely with the Trading Desk on its technology strategy and managing its Business Analysis and Project Management team, he subsequently started trading on the progr [read more] Marcus Hooper Managing Director, Market Acumen Ltd. Marcus Hooper runs Market Acumen, a financial markets consulting practice. The practice focuses on trading and market structure issues, especially in the fields of process management, regulatory affairs, trading systems and trade management. Prior to this Marcus ran the European division of Aritas Financial, which was both an MTF and an investment firm offering algorithmic trading capability. He s [read more] Gert Raeves Research Director Capital Markets, TowerGroup Gert Raeves is a Research Director at TowerGroup in the Capital Markets practice who is based in London. With over 15 years of experience in financial services, he covers strategic issues facing buy-side and sell-side firms globally and advises clients on strategy, regulation, technology, and product development in the area of post-trade business and technology trends for institutional capital mar [read more] William Capuzzi Managing Director, ConvergEx Group, President, G-Trade Services William Capuzzi is Managing Director of ConvergEx Group and President of G-Trade Services, ConvergEx Group’s global electronic execution business. Mr. Capuzzi is responsible for managing the day-to-day operations related to the firm’s global execution products and services. Prior to joining ConvergEx Group, Mr. Capuzzi was a Director at Pershing LLC, responsible for their institutional product sui [read more]

17:15 Visualizing Relative Strengths In Underlying Assets To Enhance Trading Performance Julius de Kempenaer, Director of Quantitative Strategy, Fund Manager, Taler Asset Management Describing how the relative strength approach can add value to your investment or trading process Outlining what visualization tools are available to measure relative strength Monitoring and visualizing the positions in your portfolio in a unique way with relative rotation graphs Julius de Kempenaer Director of Quantitative Strategy, Fund Manager, Taler Asset Management Julius de Kempenaer is the creator of Relative Rotation Graphs which are available on Bloomberg since January 2011 under the mnemonic RRG. Within RRG Ltd. Julius will continue the further development of this revolutionary way of visualizing market rotation and share his findings and ideas through various research (related) products. Graduated from the Dutch Royal Military Academy (KMA) in [read more]

Theatre 2 Futures & Options

Sourcing liquidity and increasing automation in futures and options trading Chaired by: Alex McDonald, Chief Executive, Wholesale Market Brokers Association Content designed for: Buy Side: Head of Trading/Trader, Head of Derivatives Trading, Chief Investment Officer, Head of Currency/ Interest Rate/ Derivatives Trading Prop Shops & Market Makers: Head of Trading, Trader, Trading Technology Sell Side: Head of F&O Execution, Head of F&O Sales, Head of Derivatives Trading. Alex McDonald Chief Executive, Wholesale Market Brokers Association Alex McDonald Prior to joining WMBA, Alex has spent his career in Banking and Fund Management. He has over twenty years of experience as a macro trader and portfolio manager, most recently he was a senior portfolio manager at BSAM Global Alpha Fund and prior to that a portfolio manager in global macro, at OLEA Capital Partners and at BlueCrest Capital focusing on commodities, fixed-income and curr [read more]

14:15 Can Competition Exist in Exchange Traded Derivatives? Adrian Farnham, CEO, Turquoise What are the pros and cons of introducing competition? Reviewing the barriers to entry – restrictive index licensing, closed trading/clearing silos, etc.? How will a NYSE/DBAG merger change the competitive landscape? What do European regulators and competition authorities want? What post-trade arrangements are required to support competition in product innovation and trading? Adrian Farnham CEO, Turquoise

14:45 Using Artificial Intelligence And Machine Learning Based Trading Systems To Enhance Your Futures Trading Strategy Marco Fasoli , Managing Partner, TITIAN Global Investments Explaining how artificial intelligence and machine learning based systems are developed Using predictive algorithms to identify price patterns and predict short-term market movements in listed derivatives Complementing your futures trading strategy with the use of machine learning based trading systems Marco Fasoli Managing Partner, TITIAN Global Investments Marco is Managing Partner, co-Founder and co-CIO of TITIAN, a technology and trading firm that develops and utilizes artificial intelligence, machine learning based technologies designed to recognize price patterns and predict short-term market movements across bonds, equities, currencies and commodities. These technologies consist of self-learning, adaptive, market specific trading systems able t [read more]

15:15 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

15:45 Panel: Increasing futures execution performance and sourcing liquidity with the latest algorithmic trading Marcus Hooper, Managing Director, Market Acumen Ltd. Murray Steel, AHL Global Head of Trade Execution, Man Investments Jason Rolf, Fund Manager, Amati Global Investors Ltd Assessing how the futures markets have evolved to lend themselves to more electronic trading; why is the buy side willing to assume more execution risk? Outlining which algo strategies can help the buy side execute large futures trades, remain anonymous, and have less market impact than manual trading methods How are new futures algorithms more comprehensive? Comparing and contrasting broker algorithms Determining when to build vs. buy your execution algos; using machine learning and artificial intelligence as part of your trading strategy Analysing tools that are available to measure the performance of futures algorithms; determining which algo will help the buy side accomplish their listed derivative trading objectives Marcus Hooper Managing Director, Market Acumen Ltd. Marcus Hooper runs Market Acumen, a financial markets consulting practice. The practice focuses on trading and market structure issues, especially in the fields of process management, regulatory affairs, trading systems and trade management. Prior to this Marcus ran the European division of Aritas Financial, which was both an MTF and an investment firm offering algorithmic trading capability. He s [read more] Murray Steel AHL Global Head of Trade Execution, Man Investments Murray Steel is Global Head of Trade Execution for AHL. Prior to joining AHL in 1999 as a senior FX trader, Mr Steel spent five years working for UBS in Zurich and London as an FX options trader in the Global Exchange Derivatives group. Mr Steel gained a BSc in Information Technology from the University of Salford in 1993, an MSc in Investment Analysis from the University of Stirling in 1994 and a [read more] Jason Rolf Fund Manager, Amati Global Investors Ltd Jason started trading on the London International Financial Futures Exchange in 1987, trading interest-rate options for the LSE options market-maker, Amsterdam Options Traders. He became an independent trader shortly after and then founding partner of a large independent options trading group. During this time he also part-founded LDOS Ltd, a software firm that produced one of the first commercial [read more]

16:15 Panel: Exploring co-location and low latency trading tools to build a more profitable high volume futures trading desk Bronislav Kandrik, Head of Trading, RSJ Peter Van Kleef, Principal, Lakeview Capital Market Services GmBH Adam Honoré, Research Director, Aite Group Examining the current state of low latency futures trading; who’s trading high frequency and why? Obtaining the best low latency technology to enhance high frequency (HFT) and high volume DMA futures trading Co-location and proximity hosting: Do they pay off? Which solution is best for your needs? Determining how regulation is impacting opportunities in high volume futures trading Bronislav Kandrik Head of Trading, RSJ Since 2003: RSJ, a.s.Current position: Head of TradingSince 2/2009 member of the supervisory board of RSJ Invest, a.s. Peter Van Kleef Principal, Lakeview Capital Market Services GmBH Peter van Kleef, Managing Director Lakeview Capital Market Services GmbHPrior to his role at Lakeview, Peter managed significant hedge fund type investment portfolios and quantitative trading departments for among others Cooper Neff, Salomon Brothers, HypoVereinsbank and Credit Lyonnais. He has over ten years of experience in the development and running of sophisticated automated trading operation [read more] Adam Honoré Research Director, Aite Group

16:45 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

17:15 Dragon's Den Electronic Trading Tool Kit Marcus Hooper, Managing Director, Market Acumen Ltd. Kevin Houstoun, Chairman, Rapid Addition Ltd Stuart Theakston, Head of Quantitative Research, GLC Ltd Discover the latest, most innovative ideas, solutions and tools from the young generation of trading inventors, students and entrepreneurs. Be the judge and make your choice. Following the format of the hugely successful television series – Dragon’s Den; TradeTech 2012 offers you the opportunity to discover the latest and most innovative ideas, solutions and tools from the brightest minds in the trading technology world. Offering you unprecedented access to the future of trading technology, you will have the unique opportunity to hear from the inventors themselves on how the trading industry will be forever altered by their inventions and you will be in the position to help shape the further development of the tools that could be on your desktop in the near future. If you feel that you have the knowledge and expertise to cast your judgement on the trading technologies that you might be using in the coming years then this session is for you….   Dragons: Marcus Hooper, Independent Consultant Kevin Houstoun, Rapid Addition Ltd and FIX Protocol Ltd Stuart Theakston, GLC Ltd Marcus Hooper Managing Director, Market Acumen Ltd. Marcus Hooper runs Market Acumen, a financial markets consulting practice. The practice focuses on trading and market structure issues, especially in the fields of process management, regulatory affairs, trading systems and trade management. Prior to this Marcus ran the European division of Aritas Financial, which was both an MTF and an investment firm offering algorithmic trading capability. He s [read more] Kevin Houstoun Chairman, Rapid Addition Ltd Kevin has over 20 years financial services industry experience and has initiated and implemented and managed electronic trading technologies first at Robert Fleming Asset Management and then at Solomon Brothers, now Citi Group, HSBC and Thomson Reuters. Utilising his unique understanding and knowledge, Kevin has co-authored one of the world’s most performant FIX engines with his company Rapid Addi [read more] Stuart Theakston Head of Quantitative Research, GLC Ltd

Theatre 3 Buy Side Focus Open to all participants!

The voice of the buy side and hedge funds on their key challenges & opportunities Chaired by: Ian Mawdsley, Head of International Business Development, Realtick Content designed for: Buy Side: Heads of Desk, Head of trading, senior traders from long only buy side and hedge funds. Ian Mawdsley Head of International Business Development, Realtick

14:15 Panel: Innovative approaches to using TCA throughout the trading process: maximising savings and best execution Roy Saadon, Co-Founder & General Manager EMEA, Traiana Ian Domowitz, MD - Global Head of Analytical Products & Research, ITG Jon Fatica, Head of Analytics, Trading Screen Nitin Gambhir, CEO, Tethys Technology Richard Coulstock, Director, Head of Dealing, Eastspring Investments (formerly known as Prudential Asset Management (Singapore)) Internal use of TCA – goals Non structured data use Broker evaluation – initial and continuous Transparency on every trade Pre and post trade analysis – different approaches Making a difference to the bottom line – the role of TCA Execution and compliance monitoring Roy Saadon Co-Founder & General Manager EMEA, Traiana Roy Saadon, co-founder and General Manager EMEA, is responsible for Traiana’s EMEA business with specific focus on FX, CFD equity swaps and exchange-traded derivatives.Prior to assuming the role of General Manager EMEA, Roy was General Manager for Harmony, responsible for the overall market and technical direction of the Harmony product and was instrumental in the initial design and rollout of its [read more] Ian Domowitz MD - Global Head of Analytical Products & Research, ITG Ian Domowitz Ian Domowitz is the CEO of ITG Solutions Network, Inc. and a Managing Director at ITG, Inc. Prior to joining the company in 2001, he served as the Mary Jean and Frank P. Smeal Professor of Finance at Pennsylvania State University and previously was the Household International Research Professor of Economics at Northwestern University. A former member of the NASD’s Bond Market Transpar [read more] Jon Fatica Head of Analytics, Trading Screen Jon Fatica is Head of Analytics at TradingScreen.Jon comes from Investment Technology Group (ITG), where he developed that firm’s Transaction Cost Analysis (TCA) unit since 2002. He has provided thought leadership and expertise to the buy-side marketplace for more than 300 institutions, leading a staff of consultants, analysts, client-support and technology professionals.Prior to joining ITG, Jon [read more] Nitin Gambhir CEO, Tethys Technology Nitin Gambhir is the founder and CEO of Tethys Technology, Inc., an industry-leading provider of broker-neutral execution management systems, algorithmic trading analytics and transaction cost analysis solutions. Before founding Tethys in 2001, Mr. Gambhir worked at JP Morgan and Bear Stearns in their respective proprietary trading groups during the early part of his career. Thereafter, he was a q [read more] Richard Coulstock Director, Head of Dealing, Eastspring Investments (formerly known as Prudential Asset Management (Singapore)) Richard has been with Eastspring investments (formerly known as Prudential Asset Management (Singapore) as Director, Head of Dealing, since 2006. Previously he worked for the Abu Dhabi Investment Authority and, before that, with Scottish Widows Investment Partnership in Edinburgh. Eastspring Investments runs a team of eight dealers covering all asset classes, focusing mainly on Asian assets.

14:45 Panel: Capturing synergies of your business and cutting costs through cross asset trading John Greenan, Global Multi-Asset Trading Consultant, BNP Paribas AM Gavin Little-Gill, Executive Vice President, Product Management, Linedata Vincent Mooijer, Investment Manager, Head of Equities Trading, PGGM Mark Goodman, Head of Quantitative Electronic Services Europe, Societe Generale Corporate & Investment Banking Physically restructuring your desk – benefits Multi-asset TCA - a new frontier Currency hedging in a cross asset environment New ideas for trading equities, futures, FOREX and options on one desk Extracting meaningful trends from your TCA data John Greenan Global Multi-Asset Trading Consultant, BNP Paribas AM John Greenan is a commercially aware, creative business facing change manager and technologist. He has broad experience of buy and sell sides in Europe, Asia Pacific and North America. He has specialisations in: strategy for trading systems and processes, connectivity, project management, business analysis, real-time system architecture and design and vendor relationship management.He manages elec [read more] Gavin Little-Gill Executive Vice President, Product Management, Linedata Gavin Little-Gill joined Linedata in 2007 and is the Global Head of Asset Management Product Strategy for Linedata. In this role he is responsible for global product management and strategy for all of Linedata’s Asset Management Solutions. Before his tenure with Linedata, Gavin was employed at Tower Group where for six years he held the role of Group Research Director, overseeing the Securities an [read more] Vincent Mooijer Investment Manager, Head of Equities Trading, PGGM Vincent Mooijer joined PGGM Vermogensbeheer B.V. (PGGM) in February 2009 to become responsible for equity trading in the new centralized multi-asset trading and execution department Prior to PGGM, Vincent Mooijer was head of dealing at AbnAmro Asset Management in Amsterdam. After studying Information Technology, Vincent Mooijer, started in 1996 on the investment banking part of AbnAmro working on [read more] Mark Goodman Head of Quantitative Electronic Services Europe, Societe Generale Corporate & Investment Banking Mark Goodman joined Société Générale as Head of Electronic Services - Europe in February 2010. Previously Mark was Head of Sales for the European Electronic business at UBS.

15:15 Panel: Dark pools. Are they the root cause of challenges in the market or a symptom of a wider spread problem? Jon Ross, Head of Execution Services Europe, GETCO Niki Beattie, MD, The Market Structure Partners Claes-Henrik Claesson, CCIAB Tony Whalley, Investment Director, Head of Derivatives and Equity Dealing, SWIP Adrian Bradshaw, Senior Equity Dealer, Invesco Perpetual Panel: Dark pools. Are they the root cause of challenges in the market or a symptom of a wider spread problem? Jon Ross Head of Execution Services Europe, GETCO Jon Ross is the head of GETCO Execution Services (GES) in Europe. In this role, he oversees order management, execution and technology solutions for European clients. Jon led the creation of GES’ European offering in 2010 after successfully launching the U.S. business in 2007. GES provides trade execution services for market participants in the U.S. and Europe and is uniquely able to leverage the [read more] Niki Beattie MD, The Market Structure Partners Niki Beattie began her financial markets career in Information Technology at Security Pacific. She went on to work at Merrill Lynch for 14 years and became Managing Director and Head of EMEA Market Structure. Niki left Merrill Lynch in 2008 to set up The Market Structure Practice, a strategic consulting firm specializing in financial market structure.In her role at Merrill Lynch, Niki handled the [read more] Claes-Henrik Claesson , CCIAB Claes-Henrik has over ten years of experience from business strategy and business development tasks working for the Swedish bank SEB. His last position at SEB was as Head of FX Prime Brokerage. Claes-Henrik has a law degree (juris kandidat) from the University of Uppsala and Master of Law and Economics from the University of Utrecht. Tony Whalley Investment Director, Head of Derivatives and Equity Dealing, SWIP Tony is an Investment Director, Head of Derivatives and Equity Dealing and a member of the Equity Management Group. Tony joined Scottish Widows in 1989 from Citicorp Scrimgeour-Vickers, where he was a Director of Derivative Products. Prior to that, he gained experience of derivative markets with a number of City firms. Tony holds a BSc in Mathematics and Statistics from the University of Edinburgh [read more] Adrian Bradshaw Senior Equity Dealer, Invesco Perpetual Began career with Abbey National Asset Managers (formerly Scottish Mutual) in 1996 working in Investment Admin before progressing to US Equity Dealer in 1999. Took additional responsibility for Far East and Asian regions in 2002, before joining Invesco in July 2004. Currently Senior Equity Dealer for The Americas and Eastern Europe.

15:45 Panel: Effective strategies for broker review: are you getting good value for money? Alex Fleiss, Chairman & Chief Investment Officer, Rebellion Research Terence Nahar, Investment Director, Investment Solutions Team, Scottish Widows Investment Partnership Dale Brooksbank, Head of European Trading, State Street Global Advisors Ian Huggard, Head of Sales Trading, Bloxham • Developing goals for broker review • Assessing key factors: costs, price, research, other • How has decreasing liquidity affected the performance of your broker? • How do size orders affect the performance of your brokers? • Actively cutting broker numbers and costs • Continuous monitoring of broker performance – day to day tips Alex Fleiss Chairman & Chief Investment Officer, Rebellion Research lexander Fleiss serves as Chairman and Chief Investment Officer of Rebellion Research Partners LP, a Global Macro hedge fund powered by Artificial Intelligence and based in New York. Mr. Fleiss has spoken about Artificial Intelligence investing in the Wall Street Journal, Fox News, Geo Magazine and Institutional Investor. Prior to co-founding Rebellion Research in 2007, Mr. Fleiss served as a Prin [read more] Terence Nahar Investment Director, Investment Solutions Team, Scottish Widows Investment Partnership Terence is experienced in delivering derivatives solutions across UK and continental Europe. He works closely with both internal and external clients to deliver innovative solutions that result in an improved risk-return trade-off of assets vs. liabilities.He joins SWIP from Royal London Asset Management where he was Head of Derivatives with responsibility for driving the company’s derivatives str [read more] Dale Brooksbank Head of European Trading, State Street Global Advisors Dale is a Managing Director and the Head of the European Trading team with responsibility for Equity, Fixed Income, Currency and Futures execution for SSgA in London. Dale started his career trading Fixed Income and equities at ANZ Grindlay's Bank, and then global equities and derivatives at Sarasin. Prior to joining SSgA, Dale was with Legal and General Investment Management where he was trading [read more] Ian Huggard Head of Sales Trading, Bloxham Currently I am Head of Sales Trading at Bloxham and have previously held senior management roles at NCB and Bear Stearns. Having spent 15 years in the US, my wife and I returned to Ireland in 2004 to raise our three children. Over twenty years I have built teams, developed systems and been a producer in the Institutional Equity Sales and Trading business, focussing primarily in Equities. I am pass [read more]

16:15 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

16:45 Panel: The practical realities of trading in the dark – getting best execution with minimal risk Phillip Weinberg, Equities Trader, Karara Capital Charles-Albert Lehalle, Head of Quantitative Research, Cheuvreux Jatin Suryawanshi, Head of Global Quantitative Strategies, Jefferies Huw Gronow, Head of Trading, Principal Global Investors Rob Shapiro, Global Head of Trading & Execution Consulting, Bloomberg Tradebook Taking full control of your order flow Minimising risk by mixing your trading strategies Using clerk allocator to interact with HFT Getting more transparency from brokers and trading venues on your order flow Steering your order flow in the right direction Phillip Weinberg Equities Trader, Karara Capital Phillip is the Head of Trading at Karara Capital and is responsible for equities and derivatives trading in Australia. He joined Karara in 2008, having spent 4 years working as a foreign exchange options trader for National Australia Bank. Phillip is a member of the Australian Financial Markets Association and has been a regular attendee and panellist at Trade Tech events. He holds a Bachelor of L [read more] Charles-Albert Lehalle Head of Quantitative Research, Cheuvreux Currently Head of Quantitative Research at CA Cheuvreux, Charles-Albert Lehalle is an international expert in optimal trading. He published papers in international journals about the use of stochastic control and stochastic algorithms to optimise a trading flow with respect to flexible constraints. He also authored papers on post trade analysis, market impact estimates and modelling the dynamics o [read more] Jatin Suryawanshi Head of Global Quantitative Strategies, Jefferies Jatin Suryawanshi is the Head of Global Quantitative Strategies at Jefferies. He has been with Jefferies for over two years and is responsible for their global automated trading efforts. Prior to Jefferies, Jatin was the US Head of Algorithmic Trading at UBS for two years and before that the Head Strategist within the Goldman Sachs' algorithmic trading group (GSAT) where he worked for a period of [read more] Huw Gronow Head of Trading, Principal Global Investors Huw Gronow is Director, Head of European Equities Trading for Principal Global Investors. He provides oversight for the London trading desk while dealing in developed and emerging markets equities in Europe, Africa and the Middle East. He joined the firm in 2004. Before joining Principal, Huw was a trader at Merrill Lynch Investment Managers where he specialized in U.K. equities. Previously, he wa [read more] Rob Shapiro Global Head of Trading & Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting. Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization including trading technology, trade analytics, execution strategy, and performance measurement. Rob joined [read more]

17:15 Closed Door Buy Side Roundtable Discussions –By Invitation Only Moderated by: Miranda Mizen, Principal , Tabb Group Timothy Enneking, Chairman, Altima AM Rebecca Healey, Senior Analyst, Tabb Group Ian Mawdsley, Head of International Business Development, Realtick Simmy Grewal, Senior Analyst, Aite Group Miranda Mizen, Director of Equities Research , Tabb Group These specially prepared and carefully moderated buy side only roundtable discussions are designed to give you a unique opportunity to share your experiences and discuss the challenges and opportunities in the buy side community. Each roundtable will focus on a number of topics, details of which will be distributed to the participants well in advance. This is your opportunity as buy side traders and heads of desk to enjoy meeting with your direct peers away from the sales people eand technology vendors . This will be your chance to build on the strength of your community, meet like minded colleagues and debate the way forward for the industry. This is a Chatham House rules session and as such what happens in the room remains there If you like private and focused networking sessions with your peers then join the roundtables. Topics to be discussed include: • Trade cost analysis and broker evaluation • Smart order routers – how do you tell that they actually do what they say on the box? • Cross asset trading – the future role of technology • Regulation – is it benefiting the buy side and the end investor? • Working more effectively with your brokers to improve performance • DMA – building your strategy for the future • Listed derivatives – the future of electronic trading • Has the trust gone between brokers and clients? How to manage your relationship with your broker Timothy Enneking Chairman, Altima AM Mr. Enneking maintains his full-time residence in Moscow and has lived and worked in Russia since 1994. Prior to founding Altima and Tera, he was a director of two diversified private equity (PE) funds, one founded in 1996, and the second created in 2005 by splitting the original fund into two funds, with approx. $50 million under management.As Vice President for Mergers and Acquisitions (MWBR_AMP [read more] Rebecca Healey Senior Analyst, Tabb Group Rebecca joined TABB Group in March 2011, bringing more than 15 years’ experience in e-trading and financial services. Rebecca has held various sales and trading positions with Bankers Trust, Goldman Sachs, and most recently Credit Suisse, where as Vice President she was instrumental in launching the successful AES product to hedge funds from its inception in 2002 until 2008. Prior to this she was [read more] Ian Mawdsley Head of International Business Development, Realtick Simmy Grewal Senior Analyst, Aite Group Miranda Mizen Director of Equities Research , Tabb Group Miranda is a principal at TABB Group, the research and strategic advisory company focused on capital markets. She joined TABB Group in March 2008, bringing more than 20 years’ experience in the equity trading, product management, and product strategy arenas. Prior to TABB Group, she held senior positions at the American Stock Exchange, TowerGroup, Instinet and S.G. Warburg (now UBS), which she joi [read more]

Theatre 4 Market Structure & Regulation

Pinpointing liquidity & responding to regulation Chaired by: Alexandra Foster, Global Head of Sales, BT Radianz and Payments Content designed for: Buy Side: Heads of Desk, Head of Trading Sell Side: Head of Execution, Head of Compliance, Head of Electronic Trading Regulators: Representatives of capital markets sections of different European regulators Alexandra Foster Global Head of Sales, BT Radianz and Payments Alex Foster joined BT’s Global Banking & Financial Markets division in 2011. Here she leads the global sales and business development team focused on the BT Radianz portfolio, covering market connectivity, managed network services for low-latency electronic trading, hosting and secure messaging. Prior to joining BT, Alex held a position at Instinet from 2009 where she revamped the [read more]

14:15 Understanding regulatory priorities and how they are resolved in the future Ruben Lee, CEO, Oxford Finance Group How will regulation affect where and how trading can be conducted? What market information will you be able to see? How much will it cost? How will regulation affect where and how clearing can be conducted? Infrastructure competition, consolidation and monopoly – what will the regulators allow? Ruben Lee CEO, Oxford Finance Group Ruben Lee is the CEO and Founder of Oxford Finance Group, a consulting firm which concentrates on business, economic, legal, political, regulatory and strategic aspects of financial markets. His clients include international finance organisations, governments, regulators, exchanges, clearing and settlement organisations, broker-dealers, data vendors, custodians, fund managers, commercial and inves [read more]

14:45 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

15:00 Extended Panel: Overview of the current strategies & goals for MiFID 2: what is really changing and how is it impacting your business? Christian A Katz, CEO, SIX Swiss Exchange Stewart Macbeth, President and Chief Executive Officer, DTCC Deriv/SERV LLC, DTCC Deriv/SERV LLC Diego Valiante, ECMI Head of Research, ECMI Guillaume Lemarchand, Global Head of Global Execution Services, Chairman, BNP Paribas Equities France Tim Rowe, Manager, Trading Platforms and Settlement Policy, Financial Services Authority Ann Neidenbach, SVP, Global Technology Services, NASDAQ OMX The impact of crisis driven regulation on capital markets Exploring what has worked and what is likely to work in MiFID II Building your strategy in line with the current and future regulation Debating how the regulation is shaping the market structure and trading strategies A view of the market structure from long only buy side What happened to the market makers? How will speed change the shape of the market and what is the impact on the end investor? Can we change the markets to accommodate all parties and enable fair transparent markets? Christian A Katz CEO, SIX Swiss Exchange Christian Katz is the Chief Executive Officer of SIX Group's Cash Markets Division. The Division encompasses SIX Swiss Exchange and SIX Exfeed, a leading supplier of raw financial data. SIX Swiss Exchange also operates several joint ventures including Scoach, which is Europe's first exchange to specialize solely in structured financial products, Swiss Fund Data and STOXX, a European leader in fina [read more] Stewart Macbeth President and Chief Executive Officer, DTCC Deriv/SERV LLC, DTCC Deriv/SERV LLC Stewart Macbeth is a President and Chief Executive Officer of the DTCC Deriv/SERV LLC subsidiary and related subsidiaries supporting DTCC’s over-the-counter derivatives business. Based in London, he is responsible for all operations of DTCC’s global trade repositories.Prior to joining DTCC in 2009, Macbeth was a Managing Director at UBS, most recently serving as the head of Operations Risk and Bus [read more] Diego Valiante ECMI Head of Research, ECMI Diego Valiante, Ph.D. (1982) is a Research Fellow, since March 2009, at the Brussels-based think-tank the Centre for European Policy Studies (CEPS), where he is the Head of Research of the European Capital Markets Institute (ECMI), the unit that coordinates the economic research on capital markets policies and regulation. He holds a BSc in Economics and an MSc in Law and Economics from LUISS Unive [read more] Guillaume Lemarchand Global Head of Global Execution Services, Chairman, BNP Paribas Equities France Guillaume Lemarchand joined BNP Paribas in 2005 to build and develop BNP Paribas' Global Execution Services platform (GES), which he has been heading since 2008. GES leverages the cutting-edge technology of BNP Paribas' Equities & Derivatives division to help execute trades for over 1,000 institutional clients on more than 80 trading venues globally.After a couple of years in conve [read more] Tim Rowe Manager, Trading Platforms and Settlement Policy, Financial Services Authority Tim Rowe is the manager of the Trading Platforms and Settlement Policy team at the UK’s Financial Services Authority (FSA). The team is responsible for policy regarding exchanges, multilateral trading facilities and settlement, as well as elements of OTC trading (including the MiFID regimes for post-trade transparency and systematic internalisers). The team is involved currently in European discus [read more] Ann Neidenbach SVP, Global Technology Services, NASDAQ OMX Ann Neidenbach is Senior Vice President of Global Technology Products and Services for The NASDAQ OMX Group (NASDAQ: NDAQ). Ann is responsible for managing the strategic planning and development of the Global Technology products and services for NASDAQ OMX markets and commercial offerings. Ann is additionally responsible for the delivery team serving NASDAQ OMX Market Technology customers across t [read more]

16:00 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

16:30 Panel: Exploiting the impact of mandatory regulatory change on data management and trading venue connectivity Adam Bennett, CEO, Hatstand David Berry, Executive IPUG, COSSIOM, UBS Hugh Brown, Director of UK Markets, EMCF Sue Baldwin, Executive Director, Global Head of Vendor Management, J.P.Morgan Andrew Muir, Senior Manager, Market Reform Group, Swift Debating the strategic need for quality timely data Managing risk through data and venue connectivity The practical realities of implementing changes in your business: costs vs return Adam Bennett CEO, Hatstand Adam Bennett (Global CEO Hatstand) has over 25 years’ experience within the financial markets industry, specializing in front office trading technology - from design to development to implementation through to support. Specific strengths include market data management, high performance trading systems and market & client connectivity. Formerly Global head of Market Data, Exchange C [read more] David Berry Executive IPUG, COSSIOM, UBS David is IPUG Executive Committee Member, COSSIOM Vice-President in charge of relations with Market Data Associations, and FISD Executive Committee member as well as Co-Chair of the FISD Consumer Constituent Group. He is director in Market Data Global Sourcing at UBS since 2008. He was Head of Procurement and Cost Control at RBC Capital Markets Europe during 2008. He was Global Head of Market Data [read more] Hugh Brown Director of UK Markets, EMCF Hugh is responsible for all UK based customers, trading platforms, industry bodies and regulators for EMCF, Europe’s largest equity CCP, where he has been since November 2011. Previously, he spent 17 years with the London Stock Exchange Group, where he held a variety of senior strategic and development roles in trading, post trade and regulation. Sue Baldwin Executive Director, Global Head of Vendor Management, J.P.Morgan Andrew Muir Senior Manager, Market Reform Group, Swift

17:00 Disintermediation, specialisation and a shift of broker power? Debating the future role of the smaller brokers – how will regulation reshape the European broker landscape? Larry Tabb, CEO, Tabb Group The effect of current regulation on brokers’ current value proposition Exploring the value of research Looking into the future of broker competition – value vs cost Larry Tabb CEO, Tabb Group Larry Tabb is the founder and CEO of TABB Group, the global financial markets’ strategic advisory and research firm focused exclusively on capital markets. TABB Group helps senior leaders throughout the industry make critical decisions about their business by accurately assessing their customer base, competition, and evaluating key market opportunities.Founded in 2003 and based on an interview-bas [read more]

Theatre 5 Trading Venue Strategy & Technology

Consolidation, interoperability and the technology arms race Chaired by: Tony MacKay, Electronic Trading Pioneer, Content designed for: Exchanges/MTFs/Dark Pools CTO, COO, CIO, Chief Architect, Head of Software Development, Head of Infrastructure, Network Engineers, Head of Trade Desk Tony MacKay Electronic Trading Pioneer, Tony Mackay has been at the forefront of electronic trading in Asia and Europe over the past 20 years. Whilst at Instinet in Asia he led the roll out of their electronic trading EMS and ‘upstairs’ trading products. In 2006 he was the founding CEO and then Chairman of Chi-X Europe. In 2007 he started the global expansion of the Chi-X product into Canada, Japan, Australia, Singapore and Brazil. Tony [read more]

14:15 The future of electronic trading: results so far, MiFID2 Article 17, and where next? Dave Cliff, Department of Computer Science, University of Bristol The future of electronic trading is going to be heavily shaped by the implementation and interpetation of new legislation such as the Dodd-Frank Act in the USA and the EU's MiFID2 and Market Abuse Directives, currently circulating in draft form. In this session join Professor Dave Cliff for a discussion of research that is relevant to the new legislation, and for a critical commentary on Article 17 of MiFID2, the section that is specific to algorithmic and high-frequency trading. Dave Cliff Department of Computer Science, University of Bristol Dave Cliff has worked at the University of Sussex, at the MIT Artificial Intelligence Lab, at Hewlett-Packard Labs Bristol, at Deutsche Bank's London Foreign-Exchange Complex Risk Group, at the University of Southampton, and from July 2007 at the University of Bristol where he is Professor of Computer Science. He is also a founder of Syritta Algorithmics Ltd, a technology development and consultan [read more]

14:45 Proactively managing post-trade risk: overcoming the computational challenges in today’s complex environment Partha Sen, CEO, Fuzzy Logix Real-time and intra-day: maintaining efficiency and cost-effectiveness in risk mitigation Evaluating the impact of trades on client portfolios: scenario analysis Realising true transparency: utilising modern technology to achieve granular risk management Partha Sen CEO, Fuzzy Logix Partha has a passion for solving complex business problems using quantitative methods, data mining and pattern recognition. For a period of about 12 years from 1995 to 2007, Partha pursued this passion as a hobby and developed about 100 algorithms and over 700 quantitative models. These algorithms and models are the basis for the solutions being implemented by Fuzzy Logix today.Before founding Fuz [read more]

15:15 Panel: Driving flow volumes and liquidity by providing your customers with new tools, speed of access and transparency – what does the customer need next? David Miller, Senior Dealer, Invesco Perpetual Richard Semark, MD, European Client Trading & Execution, UBS John Knuff, General Manager of Global Financial Services, Equinix William White, Managing Director, Global Head of Equities Electronic Trading, Barclays Mark Butterworth, Senior Trader, Blackrock Scientific How fast is fast enough – what is the next? Using speed as your main competitive advantage Building capacity to manage growing volumes Ensuring clearing interoperability Discussing the payment for flow issue Getting rid of technology silos Ensuring you are able to cope with sudden spikes in trading volumes Managing the growing data volumes: processing power and systems David Miller Senior Dealer, Invesco Perpetual David Miller was a market maker at Smith New Court from 1982 to 1995, and then Market Controller for Tradepoint, the first order driven exchange in the UK, until 2000. Following that David resumed trading with Knight Securities then returned to Tradepoint, after it had become Virt-x, as a consultant. David joined Invesco Perpetual in 2001 and currently heads a small team of specialist pan-european [read more] Richard Semark MD, European Client Trading & Execution, UBS Richard Semark joined UBS London in June 2004 as a Managing Director responsible for UK to UK Sales Trading. He previously worked at AXA Investment Managers and UBS Asset Management for 15 years. This experience meant that he was a key part of the UBS unbundling team responsible both for strategy formulation and marketing to clients. In 2007 Richard became COO for UBS Client Trading and Execution [read more] John Knuff General Manager of Global Financial Services, Equinix John is responsible for business growth across the global financial markets. He and his team regularly advise clients on complex network and systems deployment strategies for their trading infrastructure. A pioneer in global financial ecosystems, Mr. Knuff was recognized as one of the “Biggest Innovators on Wall Street” by Securities Technology Monitor. Prior to joining Equinix, John was Managing [read more] William White Managing Director, Global Head of Equities Electronic Trading, Barclays William White is a Managing Director and Head of Equities Electronic Trading, based in New York. Mr. White joined Barclays Capital in 2008 from Lehman Brothers where he was a Managing Director and Head of Lehman Brothers Market Makers, a Designated Market Maker on the New York Stock Exchange, now Barclays Capital Market Makers (BCMM). Under Mr. White’s leadership, BCMM became the largest Market Ma [read more] Mark Butterworth Senior Trader, Blackrock Scientific

15:45 Refreshments and Networking in the TradeTech Exhibition Refreshments and Networking in the TradeTech Exhibition

16:00 Using Social networking principles to build the exchange of the future: empowering long term investors and buy side Tony MacKay, Electronic Trading Pioneer, Using Social networking principles to build the exchange of the future: empowering long term investors and buy side Tony MacKay Electronic Trading Pioneer, Tony Mackay has been at the forefront of electronic trading in Asia and Europe over the past 20 years. Whilst at Instinet in Asia he led the roll out of their electronic trading EMS and ‘upstairs’ trading products. In 2006 he was the founding CEO and then Chairman of Chi-X Europe. In 2007 he started the global expansion of the Chi-X product into Canada, Japan, Australia, Singapore and Brazil. Tony [read more]

16:30 The Next Generation of Trading – Jitter Free Under 100 mics Terry Keene, CEO & President, iSys The profile of capital markets is changing. Trading volumes are climbing, electronic algorithms dominate the markets, and competitive venues vie for mindshare and liquidity. 5 years ago less than a third of all trading was electronic. Today it is over two thirds and climbing. The trading venue with the lowest latency and least amount of jitter has the advantage. Intel has announced new 8-core, 3+GHz processors that increase performance by 10%+ over existing cores. Will this solve the primary issues facing high-volume, low latency trading? The issue is jitter. We can turn a single trade around in under 200 microseconds but the next trade takes 200 milliseconds. With that kind of inconsistency the high speed traders will shift their volumes to a more reliable venue. We are continuously enhancing our trading platforms to improve jitter but at what price. The gain in latency is quickly overshadowed by the inconsistency of the response times. We design tighter and tighter code on newer infrastructure, and eventually we give up our latency gains for more stability and repeatability. Is it possible to have the best of both worlds? Is there another approach? There is, and it is on your doorstep. The market is beginning to discover a better platform. We will discuss the alternative. Terry Keene CEO & President, iSys Over 1,000 global companies have benefitted from Terry Keene’s industry expertise and insight over the past 30 years. Some of those companies include: Bose, Deutsche Bank, The London Stock Exchange, Fixnetix, London Metal Exchange (LME), Winton Capital, and Bluecrest. Terry is a graduate of the United States Military Academy at WestPoint, has an MSEE from Georgia Institute of Technology and is a c [read more]

17:00 Panel: Market data – giving market participants quality timely data and consolidated tape at the right price Niki Beattie, MD, The Market Structure Partners Hendrik Klein, CEO, Da Vinci Invest Rakesh Shah, Managing Director, Kingly Capital Simon Gallagher, Chief of Staff, European Cash and Listing, NYSE Euronext Discussing the market data challenges for all types of market participants Enabling customers to leverage your market data services Giving customers visibility and transparency they need for effective trade execution Dealing with lack of standardisation and consolidated tape Different pricing strategies – giving the customer value for money Niki Beattie MD, The Market Structure Partners Niki Beattie began her financial markets career in Information Technology at Security Pacific. She went on to work at Merrill Lynch for 14 years and became Managing Director and Head of EMEA Market Structure. Niki left Merrill Lynch in 2008 to set up The Market Structure Practice, a strategic consulting firm specializing in financial market structure.In her role at Merrill Lynch, Niki handled the [read more] Hendrik Klein CEO, Da Vinci Invest Hendrik Klein is an expert in Relative Value Strategies, alternative investments and the Head Portfolio Manager since 2004 at Da Vinci Invest Ltd, a independent asset manager, based in Zurich, Switzerland, which runs their own successful Relative Value hedge fund as well. He started his career as a derivatives trader at MTH Midas Trading House from 1996 to 1997, which became the largest trader on [read more] Rakesh Shah Managing Director, Kingly Capital Rakesh Shah is the founder of an Advisory Fund Manager, Kingly Capital, based at 106 New Bond St, London. www.kinglycapital.com which is the advisor for a Luxembourg Sicav Fund and advises institutions and hedge funds on quant and mechanical trading models. He is an algo forex and derivatives trader and has been investing in the financial markets for over 18 years using systematic, fundamental and [read more] Simon Gallagher Chief of Staff, European Cash and Listing, NYSE Euronext Simon Gallagher is Chief of Staff in NYSE Euronext’s European Cash and Listing business unit. He joined the group in 2001 and has occupied a wide range of positions in client management, IT projects, finance and strategy. In his current role he oversees regulatory, strategic and planning activity for the business unit, with a particular focus on MiFID and most recently market data. He is a CFA cha [read more]

17:30 Networking & Coffee in the Exhibition Networking & Coffee in the Exhibition

17:50 Closing guest presentation: The art of uncalculated risk in poker and in trading: the games people play Aaron Brown, Trader & Author , 'The Poker Face of Wall Street' and 'Red-Blooded Risk' Using poker tricks in trading Emotional decision-making The art of uncalculated risk - rules Gambling and trading Aaron Brown Trader & Author , 'The Poker Face of Wall Street' and 'Red-Blooded Risk' Aaron Brown is risk manager at AQR Capital Management and the author of Red-Blooded Risk (Wiley, October 2011), The Poker Face of Wall Street (Wiley, 2006, selected one of the ten best books of 2006 by Business Week) and A World of Chance (with Reuven and Gabrielle Brenner, Cambridge University Press, 2008). In his 30 year Wall Street career he has been a trader, portfolio manager, head of mortgag [read more]

Drinks in the TradeTech 2012 Expo Hall Drinks in the TradeTech 2012 Expo Hall