| 8.30 |
Registration, coffee and networking |
| 9.00 |
Chairman’s welcome address
Bob Giffords, Independent Banking & Technology Analyst
|
| 9.05 |
Assessing the future of algorithmic trading –latest developments and challenges in the sell-side space
- Responding to changing market conditions
- Analysing recent trends in the algorithmic trading – a look at products and technologies
- What technology is needed by the industry?
Hirander Misra, COO, Chi-X
|
| 9.35 |
Panel discussion: Improving efficiency of the trading desk
- Work flow management, routing and order management and integration systems - How much of this is effectively implemented into the trading desks?
- 3 B-s - exploring advantages of business process management, business activity management and business process re-engineering systems
- Visualisation techniques for spread trading/betting
- Content management systems for contracts documentation
- How to increase operational efficiency and alpha capturing capabilities?
Moderator: Bob Giffords, Independent Banking & Technology Analyst
David Wood, Head of Structured Products E-Commerce, Barclays Capital
Franck Sidon, CIO, Jefferies International
Andrew Bowley, Head of Product Management Team, Nomura
|
| 10.15 |
Morning coffee break |
| 10.45 |
Winning the battle for low latency
- Addressing latency triggers at each stage of the trade cycle from reducing distance and hops to improving software architecture and database structure
- Interoperability as a way of dealing with latency
- A look at high speed processing technologies enhancing trading process
- Reducing OMS/EMS latency
Kevin Houstoun, Co-Chair FIX Protocol Global Technical Committee, FPL; Consultant, HSBC; Founder, Rapid Addition |
| 11.15 |
Cross-asset and portfolio trading
- Implementing systems for cross-assets trading analytics
- Challenges of pairs and basket trading
- How to ensure maximum transparency for different asset classes?
- Incorporating TCA, decision and risk supporting systems
- Uses of multiple execution strategies – latest developments; what are the risks and opportunities?
David Tait, Head of European Electronic Trading, Morgan Stanley |
| 11.45 |
Panel discussion: Liquidity searching and management
- What technology is needed to access liquidity pools?
- Discovering techniques and algorithms to source dark pools
- Using smart order routing to access liquidity pools
- Which market participants attract more liquidity and how the exchanges compete?
- Liquidity sharing
Moderator: Anthony Kirby, Director, Financial Services Advisory, Regulatory & Risk Management, Ernst & Young
Speakers:
Steve Grob, Director of Strategic Partnerships, Fidessa
Tony Nash, Independent Specialist
Hirander Misra, COO of Chi-X
Harry Gozlan, CEO, Smart Trade Technologies
|
| 12.20 |
Networking Lunch |
| 13.30 |
Panel discussion: Fragmentation or consolidation – where is the market heading
- How market activities are affecting exchanges and other main players
- Assessing impact of best execution on exchanges
- The future of multi-brokerage – challenges ahead
- MiFID as a catalyst for unbundling
Moderator: Andrew Howieson, Managing Director, Tabb Group Europe
Speakers: Brian Schwieger, Director, Head of EMEA Algorithmic Trading, Merrill Lynch
Alexandra Foster, Head of Sales, Global Execution Services, BNP Paribas
|
| 14.10 |
Meeting the best execution criteria
- Assessing different methods to achieve best execution
- What tools and technologies are needed to deliver best execution to a client?
- Exploring intraday real-time decision supporting systems
- Optimise intraday decision process through the use of TCA
Michael Simmonds, Head of Trading Analytics, Nomura Securities |
| 14.40 |
Case study: Achieving best execution through the advanced smart order router
- Analysing advantages of installing an advanced smart order router
- Distinguishing one smart order router from another; analysing current clients' requirements
- How does one select a smart order router vendor and why not simply build it yourself?
Andrew Simpson, Managing Director, Cosonovo Consulting
|
| 15.10 |
Afternoon coffee break |
| 15.40 |
Panel discussion: Adapting sell side business structure to meet buy side demand
- Are there any changes that have to be implemented immediately?
- Meeting the expectations for delivering cost-effective execution services
- Looking at margins and fees
- Creating more custom-design algorithms
Moderator: Brien Schwieger, Director, Head of EMEA Algorithmic Trading, Merrill Lynch
Speakers:
Marilyn Ramplin, Vice President, OTC Derivatives Collateral Management, JP Morgan
Robert Maher, Head of AES Sales Europe, Credit Suisse
|
| 16.15 |
What infrastructure has to be in place to enhance real-time risk management?
- Managing real-time risk for pre-trade analysis and compliance monitoring
- Applying right monitoring systems into a pipeline
- Use of OOB for system maintenance
- Ensuring right performance of the monitoring systems
Anthony Kirby, Director, Financial Services Advisory, Regulatory & Risk Management, Ernst & Young |
| 16.45 |
Panel discussion: Overcoming data latency to improve trading performance
- Grid implementation and virtualisation techniques to improve latency
- Analysing consolidated and direct feeds and consistency requirements for the data models
- Best bidder offer through VBBO system
- Analysing impact of VBBO on data speed processing and feed handler
Moderator: Bob Giffords, Independent Banking & Technology Analyst
Speakers: Artur Fischer, Joint CEO, Equiduct trading
Anthony Kirby, Director, Financial Services Advisory, Regulatory & Risk Management, Ernst & Young
|
| 17.15 |
Chairman’s closing remarks |
| 17.20 |
End of the conference |
| 17.20 |
Networking Drinks Reception |
