Sponsors
BNP Paribas (rated AA+/Aa1) a European leader in banking and financial services, and is one of the 4
strongest banks in the world according to Standard & Poor’s.
BNP Paribas Equities & Derivatives offers a full range of equity and fund-linked products that can be customised to address the various needs of financial institutions and hedge funds as well as corporate and retail clients. Renowned for our unique quantitative skills for advanced product design, this combined with our established leadership allows us to work in partnership with clients, delivering the most cutting-edge tailor-made solutions to the market.
Global Execution Services (“GES”), part of BNP Paribas’ Equities & Derivatives division, is the bank’s global equity trading execution platform. The platform offers access to 85+ cash equity and listed futures and options venues across Europe, Asia and the Americas and services a hugely diverse client base.
BNP Paribas Securities Services is a leading provider of securities services and investment operations to the world’s financial institutions.
We provide clients with local, on-the-ground expertise in domestic markets, focusing on adaptable, innovative solutions and excellence in client service.
We offer a full range of investment operations solutions to institutional investors, including global custody, fund administration, middle-office outsourcing, performance measurement, securities lending, foreign exchange, fund compliance and trustee services, transfer agency, fund distribution support and retail product administration - for both onshore and offshore funds.
Equiduct Trading, operated by Börse Berlin (a regulated market operator adhering to the highest regulatory standards), is due to be launched as a pan-European market offering cost effective MiFID compliance, order by order.
The main differentiators of Equiduct Trading are:
- VBBO (Volume-weighted Best Bid and Offer), the true best price, mathematically derived. Not only a single source of pan–European price data, but a price you can effectively trade on.
- PartnerEx, tailored business-to-business relationships to provide guaranteed best execution including the flexibility to use multiple clearing and settlement venues.
- PartnerEx Internaliser, “on exchange” internalisation without any conflict of interest.
- HybridBook, an ultra low latency platform at competitive costs, where orders and two sided prices meet.
Contact
London +44 (0)20 3102 4080
Berlin +49 (0)30 31 10 91 51
Frankfurt +49 (0)69 75 93 86 21
Paris +33 (0)1 42 68 50 90
sales@equiduct-trading.com
www.equiduct-trading.com
A full-service broker within the AA rated Crédit Agricole group and a wholly-owned subsidiary
of Calyon, CA Cheuvreux provides customised research, sales and execution services to an
international client base of institutional investors.
Present in 14 countries - in Europe, the Unites States, the Middle East and Japan - and active on 60 execution venues globally, we are currently pursuing our geographical expansion to accompany our clients on new and rapidly growing markets. We are consistently ranked by international institutional investors as a leading broker for the quality and independence of our equity research. Our complete execution offer combines global coverage and first-class client service. We provide made-tomeasure solutions to international buy-side and sell-side clients through DMA, Algorithmic trading, Program trading, Sales trading and CFDs. These services are supported by a powerful trading platform at the forefront of innovation, making our offer one of the most efficient on the market.
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Fidessa group is a leading supplier of multi-asset trading, portfolio analysis, decision support, investment compliance, market data and global connectivity solutions for the buy-side and sell-side globally. The Fidessa suite is used by 85% of tier-one, global equity brokers providing sophisticated trading, market data, order management and execution capabilities to all tiers of the sell-side. The Fidessa LatentZero suite is used by the world’s largest asset management firms, smaller specialist managers and hedge funds, providing comprehensive portfolio analysis, real-time P&L, what-if analysis, investment compliance, order and execution management, and post trade processing tools, across all asset classes. Fidessa’s global network carries over 130 million messages a month covering DMA, Care and Algorithmic orders, IOIs and FIX Allocations between 1,800 buy-sides and 310 brokers across 100 markets worldwide. Fidessa group serves 22,000 users across 600 clients globally.
Telephone: +44 (0) 20 7105 1000.
Contact email: info@fidessa.com / info@latentzero.com. www.fidessa.com / www.latentzero.com
Investment Technology Group (ITG), a specialised agency broker and technology firm, provides
electronic trading solutions that help institutional investors control transaction costs, access
liquidity and trade more efficiently. For over twenty years, ITG has continuously developed its
service offering to cover every stage of the trading continuum: from pre-trade analysis and order
management to trade execution and post-trade evaluation.
ITG provides clients with improvements in trading and cost efficiency and boasts many of the industry’s strongest client partnerships. ITG is committed to customer service excellence and has a global approach to product development and account management. Recognising that the demands of every firm are unique, ITG works closely with clients to ensure that trading objectives are understood and specific requirements met. The firm is headquartered in New York with offices in North America, Europe and the Asia Pacific regions. For more information on ITG, please visit www.itg.com or email info@itg.com.
Liquidnet is one of Europe’s—and the world’s—largest independent dark pools of liquidity. Launched in 2001, Liquidnet now offers its buy-side-only Members the ability to trade in 30 global
equity markets (including AIM Securities), plus GDRs (Reg-S, LSE-listed) that provide access to an additional 26 markets.
Liquidnet is headquartered in New York with offices in London, Toronto, Tokyo, Hong Kong, and Sydney.
Since its inception, Liquidnet’s main objective has been to bring the buy-side as much liquidity as possible, whilst providing
the most secure and efficient environment in which to trade. At the end of 2007, Liquidnet Europe was ranked as the 3rd largest institutional broker on the LSE (based on principal trading) and the 8th largest institutional broker on the NASDAQ. Furthermore, ZYen Limited has named Liquidnet the no.1 firm for clearing and settlement for the last two consecutive years,
and, in a industry-wide survey by Traders Monthly magazine (February 2008), Liquidnet was ranked no.3 equities broker for Best Execution and no.2 broker for algorithmic trading.
Liquidnet Europe
6th floor, 3 Finsbury Square
London EC2A 1AE
www.liquidnet.com
Managing Director: John Barker
Ph: +44 (0)20 7614 1666
Email: europesales@liquidnet.com
Morgan Stanley Electronic Trading (MSET) provides a complete spectrum of services from pre-trade
analytics, execution, post-trade execution performance analysis and commissions management.
We offer a comprehensive algorithmic trading suite and various direct market access (DMA) strategies, including our smart
order routing technology and our dark liquidity pool aggregator. Whether you are connecting to us via a third-party order
management system or using our Passport execution management system, our global product offering provides seamless
access to trade portfolios, single stocks, ETFs, options, futures, swaps, and foreign exchange. Our team is committed
to providing stellar trading solutions for the most demanding specifications. For more information, please go to www.morganstanley.com/mset
| Morgan Stanley 1585 Broadway New York, NY 10036 1-877-167 MSET (8653) mset-na@morganstanley.com |
Americas 1-877-761-MSET (8653) mset-na@morganstanley.com |
| Europe +44 20 7425 3222 met-eu@morganstanley.com |
Japan +81 3 5424 5709 mset-fe@morganstanley.com |
| Asia (Non Japan) +854 2848 8222 mset-fe@morganstanley.com |
Pipeline is the only continuous block marketplace that welcomes all. Pipeline’s model maximizes a
trader’s probability of capturing genuine block liquidity and consistently delivers Mega-Blocks at the
midpoint; with an average trade size of almost 50,000 shares. Now, with Pipeline’s new Algorithm
Switching Engine, traders access dark pools and small orders. Its patent-pending predictive technology minimizes market
impact while accessing significant sources of liquidity.
Contact: Tel: +44 (0)20 3178 4643
Email: europeansales@pipelinefinancial.com
www.pipelinefinancial.com
SmartPool, the new platform dedicated to block orders
SmartPool is a new multilateral trading facility (MTF) providing a dark pool for the execution of large sized orders. SmartPool offers a trading solution for CESR liquid stocks and Swiss stocks listed on 14 different European markets. EuroCCP and LCH.Clearnet SA will support trading of European stocks offered on the platform. As Central Counterparties, they will enable a fully anonymous post-trade processing.
SmartPool will use NYSE Euronext trading platform technology and will be accessible through the same connectivity means.
www.tradeonsmartpool.com Email: info@tradeonsmartpool.com
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. As the world’s largest exchange group by number of listings and market capitalization, NYSE Euronext is home to over 6,400 listed issues representing a combined $26.7 / 17.1€ trillion (as of June 30, 2008) in total global market capitalization, approximately four times that of any other exchange group.
NYSE Euronext's equity exchanges transact an average daily trading value of approximately $157.0 /102.7€ billion (as of June 30, 2008), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index.
www.nyx.com Tel: +44 (0)20 7623 0444
Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a comprehensive set of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs over 20,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.
BARX is Barclays Capital's award winning ecommerce platform and leading global provider of electronic transaction solutions. BARX offers electronic execution and a complete set of services across fixed income, foreign exchange, futures, commodities, equities, money markets, emerging markets and structured products. With superior trading applications and flexible connectivity in multiple asset classes, BARX sets a high standard in execution efficiency and service. BARX also provides algorithmic trading solutions, FIX and DMA connectivity, STP and other leading Barclays Capital services like Prime Brokerage, Research and Analytics.
For more information about BARX, visit www.barx.com. BARX The Trader’s Best Friend.
Tel: +44 (0)20 777 34428 Email: amar.shah@barcap.com




