8:20 Continental Breakfast & Opportunity To Visit The Solutions Zone Continental Breakfast & Opportunity To Visit The Solutions Zone

9:00 Chairperson’s Opening Address Chairperson’s Opening Address

9:15 High Frequency Attack On Derivatives Trading Jay Muthuswamy, College of Business Administration, Kent State University In this session, Jay will discuss how to extend the traditional High Frequency algorithmic style of trading to incorporate the strategic use of options and futures as traded on US exchanges. Basing his work on standard option valuation models, he will show how the liquidity differentials between cash, futures, and options, make viable a derivatives engendered High Frequency strategy. In the case of High Frequency arbitrage strategies involving derivative futures, it will be shown how the liquidity differential induces a viable strategy which exploits the micro-structural discrepancies between futures and cash. In the case of strategies involving options, it will be the lack of synchronicity between option and cash prices that allow for a High Frequency strategy to become viable. Jay will attempt to also argue for the statistical robustness of this style of derivatives based high frequency strategy. Jay Muthuswamy College of Business Administration, Kent State University Dr. Muthuswamy holds a PhD in Finance from the University of Chicago, an MS in Statistics from Stanford University, an MBA in Finance from Wharton, and a bachelor’s degree from the London School of Economics. His research interests are in the pricing of derivatives, asset price equilibrium, financial econometrics, and high-frequency algorithmic trading strategies. Dr. Muthuswamy is currently with [read more]

9:55 Panel Discussion: Examining How The FinancialCrises Has Reemphasized The Importance Of Managing Risk Ian Baker, Head of Risk Management & Derivatives, Pyramis Global Advisors Jay Easterling, Managing Director, Gargoyle Asset Management Assessing the impact that risk has had on margin methodology, stress testing and the investment of customer funds Understanding how client risk is measured across various derivatives platforms and different asset classes Exploring how industry standards have changed in today’s financial environment Determining how exchanges and clearinghouses are helping firms better manage risk Ian Baker Head of Risk Management & Derivatives, Pyramis Global Advisors Jay Easterling Managing Director, Gargoyle Asset Management H. Jay Easterling is a principal of Gargoyle’s Investment Advisory Business and heads its marketing and business development operations. He joined the Gargoyle Group of Companies in 2002 and became a partner in 2007. Prior to joining Gargoyle, Mr. Easterling was a general partner of the Charlottesville, Virginia based firm, James River Partners (1999-2002). Like the other Gargoyle principals, he b [read more]

10:30 Refreshment Break & Opportunity To Visit TheSolutions Zone Refreshment Break & Opportunity To Visit The Solutions Zone

11:00 Using Computer Scanning To Spot High-Probability Set-Ups John Person, CTA, President, Nationalfutures.com This live trading session will be devoted to learning a new approach to trading foreign currency, futures and stocks. John Person, professional trader, author and CEO of NationalFutures.com, will demonstrate methods that include choosing the right position size based on risk and profit objectives. John Person CTA, President, Nationalfutures.com John Person is a thirty-two year veteran of the Futures and Options trading industry. He is an independent trader, a trading system designer and the author of three nationally and internationally popular trading books published by John Wiley & Sons, Inc. He is also the co-author of the Commodity Traders Almanac series. John helps teach investors how to trade and invest in stocks, futures, opti [read more]

11:35 Exploring The Pulse & Re-Regulation Of Markets Michael Levas, Chief Investment Officer and Managing Member, Olympian Capital Management Assessing the impact of the proposed regulatory changes on banks, brokers and financial exchanges Understanding what these proposed changes could mean for equities, fixed income and derivatives markets Looking at the proposed reinstitution of the Glass-Steagall Act and what it will mean for the financial services industry Michael Levas Chief Investment Officer and Managing Member, Olympian Capital Management Michael J. Levas has been in the investment management business for over twenty years and is the founder, chief investment officer and managing member of the Olympian Group of Investment Management Companies. Prior to Olympian, he was a VP and Portfolio Manager in the Private Client Group at Lehman Brothers Inc. Prior to that, he was a VP with SG Cowen, UBS PaineWebber and Bear Stearns where he ma [read more]

12:10 Lunch For All Attendees Lunch For All Attendees

CONCURRENT CONFERENCES CONCURRENT CONFERENCES: Remember – This is your opportunity to choose the sessions that best fit your background. Attend a full afternoon on FX or on Listed Futures & Options to make sure you are maximizing your time out of the office & bring fresh strategies back to your desk!

Track A: FXTrack B: Listed Derivatives 1:10 FX Roundtable Discussions Track A: FX These tables are FX specific and a continuation of the day’s content – we’ll break the tables into specific topic areas and every attendee will have the option of sitting in on the tables. An assigned moderator will lead the discussion and ensure you interact with the other table participants. This will be your opportunity to brainstorm “informally” and find solutions to the challenges you face. Be sure to collect business cards and take notes - all discussion is "off the record". Table Themes Include (but are not limited to): Innovations In Post-Trade Processing To Handle FX Trading Volumes Exploring FX Algo’s – How Are They Working? Who Is Using Successfully? Examining The Challenges & Benefits Of High Frequency Trading For FX Increasing FX Trading Automation On A Tight Budget Exploring The Impact Of Exponential Growth In Retail FX Measuring & Minimizing The Cost Of FX Trading *For more information on hosting a roundtable, call Seth Weisleder at 646.200.7493 or email him at sweisleder@wbresearch.com. 1:10 Listed Futures & Options Roundtable Discussions Track B: Listed Derivatives These tables are specific to listed futures & options and a continuation of the day’s content – we’ll break the tables into specific topic areas and every attendee will have the option of sitting in on the tables. An assigned moderator will lead the discussion and ensure you interact with the other table participants. This will be your opportunity to brainstorm "informally" and find solutions to the challenges you face. Be sure to collect business cards and take notes - all discussion is "off the record".Table Themes Include (but are not limited to): Options Exchanges – Where Are They Going? How Are They Each Unique? What New Products Are They Listing? Exploring Changes In The Evaluation Of Counterparty Risk In Derivatives Trading Navigating Through Regulatory Uncertainty – What Changes Are Coming That Will Impact Futures & Options Trading Examining How The Derivatives Landscape Has Changed Since The Credit Fallout: Implications On OTC v. Listed Analyzing The Effectiveness Of Your Multi-Asset Derivatives Trading Systems Identifying Algo’s For Listed Derivatives That Will Increase Your Desk’s Profitability *For more information on hosting a roundtable, call Seth Weisleder at 646.200.7493 or email him at sweisleder@wbresearch.com.

Track A: FXTrack B: Listed Derivatives 1:55 Refreshment Break & Opportunity To Visit TheSolutions Zone Track A: FX Refreshment Break & Opportunity To Visit The Solutions Zone 1:55 Refreshment Break & Opportunity To Visit The Track B: Listed Derivatives Refreshment Break & Opportunity To Visit The

Track A: FXTrack B: Listed Derivatives 2:10 Roundtable Discussions Continued Track A: FX Roundtable Discussions Continued 2:10 Roundtable Discussions Continued Track B: Listed Derivatives Roundtable Discussions Continued

2:55 Overcoming 5 Key Market Issues ThatAre Affecting The Way Portfolio Managers Do Business In 2010 Mark Rzepczynski, Managing Director, Lakewood Partners Overcoming 5 Key Market Issues That Are Affecting The Way Portfolio Managers Do Business In 2010 Mark Rzepczynski Managing Director, Lakewood Partners Mark Rzepczynski, Ph.D. is the managing partner of Lakewood Partners LLC, a global macro firm focusing on disciplined and systematic investing in global equity, interest rates, commodities, and foreign exchange markets through the application of structured decisions. Previously, Mark was president and chief investment officer for John W. Henry & Co. Mark has served as the quantitative and cred [read more]

3:30 End Of TradeTech Foreign Exchange & Listed Derivatives 2010 End Of TradeTech Foreign Exchange & Listed Derivatives 2010