TradeTech DACH – Agenda Day 2

9.30 Key Note: Optimising market access in a fragmented liquidity landscape by developing a holistic market approach Mike Bellaro, Head of Trading Desk & Middle Office, Deutsche Asset Management (DeAM) Soenke Steinert, Senior Manager Equities - Tradding, Quoniam Asset Management GmbH Andrew Morgan, Co-Head Equity Trading EMEA, Deutsche Bank AG Key Note speech leading to the panel discussion Panel Evaluating the various platforms available to the buy side –what functionality do you really need on your trading desk? Analysing which technologies are of most value to the buy side in finding liquidity to ensure hitting best execution principles DMA OMS / EMS SOR Assessing connectivity in a fragmented market and auditing interfaces’ solutions: FIX, SWIFT and others standards? Ensuring you have the right broker mix to deliver the liquidity you need Mike Bellaro Head of Trading Desk & Middle Office, Deutsche Asset Management (DeAM) Michael Bellaro was recently names Head of Equity, Derivative and Passive FX Trading at Deutsche Asset Management (DeAM). In his role, he will be responsible for overseeing our primary investment hub in Frankfurt, Germany, that executes trades in global equity, derivatives, and passive foreign exchange for all business lines. Michael Bellaro began his securities career in the over the counter depa [read more] Soenke Steinert Senior Manager Equities - Tradding, Quoniam Asset Management GmbH Sönke Steinert absolvierte sein Studium zum Diplom-Kaufmann an der TU Bergakademie Freiberg im Jahr 2006. Im gleichen Jahr begann Steinert seinen beruflichen Werdegang im Wertpapierhandel bei der equinet AG in Frankfurt am Main, wo er die Händlerprüfung ablegte. Seit Dezember 2007 verstärkt er das Equity Trading Desk der Quoniam Asset Management GmbH. Er betreut dort eigenverantwortlich den Handel [read more] Andrew Morgan Co-Head Equity Trading EMEA, Deutsche Bank AG Andrew Morgan is Co-Head Equity Trading EMEA. Andrew joined Deutsche Bank in 2004 from the Equities Division of Goldman Sachs where he worked for 6 years. He began his career at PWC and is an ACA.

10.45 Key Note: Liquidity in a continuously evolving market structure Andrew Morgan, Co-Head Equity Trading EMEA, Deutsche Bank AG Leveraging technology to access liquidity efficiently Getting the most from your broker Analytics & Best execution Potential impact of regulation on liquidity Andrew Morgan Co-Head Equity Trading EMEA, Deutsche Bank AG Andrew Morgan is Co-Head Equity Trading EMEA. Andrew joined Deutsche Bank in 2004 from the Equities Division of Goldman Sachs where he worked for 6 years. He began his career at PWC and is an ACA.

11.15 Refreshments and networking break Refreshments and networking break

11.45 Key Note: Das Leben ist ein Abfahrtslauf! Key Note: Das Leben ist ein Abfahrtslauf!

12.15 Critical Debate: Understanding the new European landscape: Who will be the future financial capital in Europe? “FRANKFURT vs. LONDON vs. ZURICH and the battle of venues” Valuating the potential impact of implementing a financial transactions tax in Europe and how this might change the European landscape? Can Frankfurt or Zurich even beat London by offering new innovative services for the financial industry? Will trading activity move from Europe to other regions? Will Europe be the ‘lost trading continent’? Will major financial institutions relocate their headquarters to avoid the tax? How will the landscape change within Europe? Could regulators allow exemptions for certain market participants? Would that mean the end of HFT? What about other strategies? How should venues prepare for the next steps and what does that mean for your trading activities?

13.00 Lunch Lunch

STREAM A – Trading Strategy This stream is specially des...STREAM B - Trading Technology This stream is specially d... 13.45 Dark Pools – Bringing light into the dark STREAM A – Trading Strategy This stream is specially designed for the Head of Trading from the buy side addressing the most important issues Martin Podeyn, Director, Business Development, ITG Understanding the anonymous functionality of dark pools to reduce market impact and to maximise trading success, transparency and quality Clarifying the difference between dark pools and crossing networks to make the right trading decision. Balancing advantages and disadvantages Uncovering flow activity and trading participants in dark pools: How operators open their dark pools and how you can benefit from that to place your trade at the right time to the best price - Overcoming uncertainty on the new regulation’s scheme: Will dark pools all convert automatically to MTFs and what does that mean to your business? Establishing a block trading strategy in the new environment to act time-to-market Martin Podeyn Director, Business Development, ITG Martin heads up ITG’s Sales/Marketing and Relationship Management functions across Northern Europe (with a particular focus on German speaking countries), covering all ITG trade execution and technology services as well as analytical and investment research products. He joined ITG in 2000 after working in product and market development roles at LIFFE and Deutsche Börse. Martin holds a Masters degr [read more] 13.45 Make the systems run! It’s all about performance and availability… STREAM B - Trading Technology This stream is specially designed for CIOs and CTOs from buy and sell side addressing the most important issues Achieving continuous high performance and establishing best availability while reducing your operations costs at the same time Building a solid and high performing infrastructure to fulfil front office’s requirements Implementing economies of scale in a highly specialized business to gain competitive cost advantages. Which is the best solution for your business model? Coping successfully with emergency situations and establishing a business continuity management to secure performance and availability How important is latency as a measure of performance?

STREAM A – Trading Strategy This stream is specially des...STREAM B - Trading Technology This stream is specially d... 14.15 Algo trading: Evaluating the most innovative solutions in the market to find the right algo strategy that fits exactly to my trading desk STREAM A – Trading Strategy This stream is specially designed for the Head of Trading from the buy side addressing the most important issues Soenke Steinert, Senior Manager Equities - Tradding, Quoniam Asset Management GmbH Understanding market structure and choosing the best approach from vendors’ side, broker services or in-house development to provide maximum profit Analysing the whole algo value chain to discover the real cost for your algo/algo strategy in a long-term perspective Assessing the impact of algos on liquidity and on the market to trade strategically and successfully Developing a flexible and innovative HR approach for your trading desk to exploit future’s challenges: algo trading vs. human trading: will there be human traders in 10 years? Soenke Steinert Senior Manager Equities - Tradding, Quoniam Asset Management GmbH Sönke Steinert absolvierte sein Studium zum Diplom-Kaufmann an der TU Bergakademie Freiberg im Jahr 2006. Im gleichen Jahr begann Steinert seinen beruflichen Werdegang im Wertpapierhandel bei der equinet AG in Frankfurt am Main, wo er die Händlerprüfung ablegte. Seit Dezember 2007 verstärkt er das Equity Trading Desk der Quoniam Asset Management GmbH. Er betreut dort eigenverantwortlich den Handel [read more] 14.15 Establishing effective performance and capacity management structures to keep your infrastructure lean and fit-for-purpose STREAM B - Trading Technology This stream is specially designed for CIOs and CTOs from buy and sell side addressing the most important issues Establishing efficient monitoring and risk systems and defining as a prior condition the most critical business processes Developing and implementing highly complex analytical reporting applications Identifying and measuring core KPIs to control your process landscape Optimising end-to-end processes and resources to control capacity Installing cost transparency to control your work flow management Establishing a landscape and a culture of Total-Cost-of-Ownership to control an effective cost management

STREAM A – Trading Strategy This stream is specially des...STREAM B - Trading Technology This stream is specially d... 14.45 Getting practical insight: Case study for a systematic multi-asset investment process and trading implications STREAM A – Trading Strategy This stream is specially designed for the Head of Trading from the buy side addressing the most important issues Peter Schwendner, Partner, Fortinbras Asset Management Finding a balanced multi-asset allocation Assessing swarm intelligence versus centralised risk control Analysing return components of a multi-asset/multi-currency portfolio Rebalancing, reinvestment and evaluating the appropriate risk management Evaluating opportunities across different asset classes and market regimes Analysing different time scales, trends and reversals Peter Schwendner Partner, Fortinbras Asset Management Peter is a Lecturer at ZHAW since 2013. Peter does quant research about rule-based investment products in the fixed income, FX and commodities space together with asset managers. Prior to joining ZHAW, he was a partner at Fortinbras Asset Management from 2009 to 2013 and previously he was a Managing Director and Head of Quantitative Research at Sal. Oppenheim jr. & Cie. from 1999 t [read more] 14.45 Determining the software needs of your architecture STREAM B - Trading Technology This stream is specially designed for CIOs and CTOs from buy and sell side addressing the most important issues Reducing complexity and cutting applications to lower costs and to higher performance Keeping your complex and heterogeneous architecture landscape flexible and integrative to implement new services and modules time-to-market at low cost Defining business needs and defining your trading architecture in close collaboration to assure a common strategy Analysing new models for vendor services and evaluating future investment and resources needs in a long-term perspective Redesigning the business process landscape to higher effectiveness

15.15 Refreshments and networking break Refreshments and networking break

STREAM A – Trading Strategy This stream is specially des...STREAM B - Trading Technology This stream is specially d... 15.45 Marktzugang zu Emerging Markets durch flexible ETF-Investments: Wie setze ich erfolgreiche Handelsstrategien in diesen Märkten auf? STREAM A – Trading Strategy This stream is specially designed for the Head of Trading from the buy side addressing the most important issues Welche Märkte eignen sich besonders und wie finde ich dort Marktzugang und die richtige Liquidität? Wie liquide sind die „neuen Märkte“ wirklich? Welche Vorteile und Nachteile bestehen durch ETF-Investments gegenüber anderen Investmentstrategien? Identifizierung von regionalen Markthindernissen und regionalen Marktakteuren für flexible und marktnahe Investments 15.45 Riding the regulatory wave and preparing your infrastructure from lessons learnt STREAM B - Trading Technology This stream is specially designed for CIOs and CTOs from buy and sell side addressing the most important issues Understanding the regulatory wave and the impact on your IT infrastructure to: How MiFID II will affect your systems and how you should prepare for the next upcoming waves. Building a flexible and modular architecture that is able to integrate new regulatory implications to keep your systems running while coping with new requirements Is the front office too fast for the IT? Building new risk management systems and clarifying responsibilities between middle office and back office to stay compliant. What you definitely should do now! Implementing a secure and compatible risk management framework

STREAM A – Trading Strategy This stream is specially des...STREAM B - Trading Technology This stream is specially d... 16.15 Panel: Emerging Markets – Getting access to emerging markets as a first-mover to enable new rising business opportunities STREAM A – Trading Strategy This stream is specially designed for the Head of Trading from the buy side addressing the most important issues Developing trading strategies in the emerging markets to find the right liquidity at low cost Understanding the new market structures and identifying the most important market players to overcome trading barriers - Analysing the whole range of new business opportunities: From Eastern Europe to Africa and the Far East Ensuring liquidity in illiquid markets: Optimising trading and reducing risks to build up sustainable and valuable trading structures Analysing the markets for access opportunities: Are electronic execution, DMA, algo and HFT possible? Analysing the clearing infrastructure to ensure end-to-end-processes 16.15 Panel: Build or Buy – How important is IT to your business? Finding the right balancing act or taking a crucial decision STREAM B - Trading Technology This stream is specially designed for CIOs and CTOs from buy and sell side addressing the most important issues Clarifying which operating model your business needs Defining core business units and planning a sustainable outsourcing strategy Investigating the current market and testing which outsourcing options have been successful in the past and how you can benefit - Analysing new technology services and solutions (cloud solutions, SaaS etc.) and evaluating which will fit for your special business