Main Conference Day 1

8:00 Coffee & Registration Coffee & Registration

8:45 Chair’s Welcome Address Chair’s Welcome Address

9:00 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]

9:30 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

10:15 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 Rainer Riess, MD, Deutsche Boerse Valerie Ledure, Senior Policy Officer, Securities Markets, Directorate-General Internal Market and Services, European Commission Kristian West, Head of Equity Trading, JP Morgan Asset Management 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] 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] Valerie Ledure Senior Policy Officer, Securities Markets, Directorate-General Internal Market and Services, European Commission Ms Valérie Ledure is a senior policy officer and works in the field of securities markets for the European Commission, Directorate-General Internal Market and Services. She has played a key role in the review of Mifid and the package of policy documents recently adopted by the Commission.Prior to joining the Commission, Ms Ledure worked at ING Bank in Corporate Finance and Securitisation where she [read more] Kristian West Head of Equity Trading, JP Morgan Asset Management Kristian West, managing director, is head of Equity Trading for London. An employee since 2008, he was previously head of Trading Strategy. Prior to that, he was head of Equity Execution Services at Barclays Capital, building global electronic and voice execution services for the hedge fund community. Prior to that, he worked at Goldman Sachs and was responsible for trading within their Electronic [read more]

11:00 Refreshments and Networking in the TradeTech Exhibition Refreshments and Networking in the TradeTech Exhibition

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 Stephane Rougier, Global Structured Solutions Director, Global Investment Solutions, Aviva Investors Brian Schweiger, MD & Head of EMEA Algorithmic Trading, Bank of America Merrill Lynch Rob Boardman, MD & CEO EMEA, Investment Technology Group Inc Nick Nielsen, Head of Trading, Marshall Wace 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? Stephane Rougier Global Structured Solutions Director, Global Investment Solutions, Aviva Investors Stephane joined Aviva Investors in January 2009.Prior to joining Aviva Investors, Stephane was Global Head of Structured Asset Management where he built a successful team responsible for developing and marketing structured products. He joined Lehmans in 2006 from BNP Paribas Asset Management where he was Global Head of Structured and Index Investments with responsibility for a large team managing [read more] 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 Nick Nielsen Head of Trading, Marshall Wace Nick joined Marshall Wace LLP in 2008 and is a Partner and Head of Trading in London. Prior to this, he was at Citadel Investment Group in London and Chicago. He started his career in high frequency trading at Goldman Sach's Hull Group in the US. Nick has a BS in Finance from the Massachusetts Institute of Technology.

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 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

14:15 Determining how to minimise IT cost while achieving optimal trading system performance Nik Wislang, Head of Trading Technology, GLG Partners Vivake Gupta, CEO, Lab49 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]

14:45 Panel: Best practices to enhance the performance of your global trading infrastructure Simon Jones, Senior Product Marketing Manager, IPC Systems Inc 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? Simon Jones Senior Product Marketing Manager, IPC Systems Inc

15:15 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]

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

16:15 Panel: Developing a state-of-the-art Order Management System (OMS) to fully support your overall business requirements Chris Sims, Consultant Systems Architect, Ignis Asset Management Chris Grove, Senior Business Systems Analyst, Royal London Asset 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 Sims Consultant Systems Architect, Ignis Asset Management Chris Grove Senior Business Systems Analyst, Royal London Asset Management

16:45 Panel: Cost-effective capture and processing of data to enhance Transaction Cost Analysis (TCA) Neil Joseph, VP Trading Technology, J.P. Morgan Asset Management Philip Lord, Investment Consultant, Towers Watson Group 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 Philip Lord Investment Consultant, Towers Watson Group

17:15 LIVE BENCHMARKING IT priorities and spending: audience survey via real-time anonymous polling Curious how your peers are prioritising IT projects and where they are spending their 2012 budget? At TradeTech’s Trading Infrastructure Stream, take part in the IT Priorities And Spending Audience Survey Via Real-Time Anonymous Polling. Answers will be released in real time and the entire study will be available for download for all conference attendees. Imagine how this study can help you secure budget for a necessary upgrade or determine where you should be focusing your resources in 2012…

Theatre 2 Futures & Options

Sourcing liquidity and increasing automation in futures and options trading 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

14:15 Can Competition Exist in Exchange Traded Derivatives? Natan Tiefenbrun, Head of Product, Equity & Derivative Markets, London Stock Exchange 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? Natan Tiefenbrun Head of Product, Equity & Derivative Markets, London Stock Exchange 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, execution management and transaction analytics products and services. He joined Baikal at the London Stock Exchange Group in January 2009, and was appointed Commerci [read more]

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 Panel: Embracing the benefits of electronic futures trading by implementing the best futures execution platform Bart (James) Pepper, Global Head of Trading, Oak Futures William de Lucy, Co-Founder and MD, Amplify Trading As more futures flow is going electronic, which trading platforms are rising in demand and offer fast access to the major futures markets? Identifying what efficiency and transparency gains can be achieved through the right futures execution platform Determining how to integrate futures into your current EMS offering; deciding if you need a different platform and if you should buy or build How do execution platform needs differ from traditional long-only buy side to high frequency traders? Should you choose multi-asset or futures specific platforms? Determining which offerings best suit your unique trading needs Bart (James) Pepper Global Head of Trading, Oak Futures William de Lucy Co-Founder and MD, Amplify Trading Will started trading with GHCO in 2002, concentrating on German government bond spreads as the futures market moved from the floor to screen based execution. In 2009 Will started Amplify Trading with long term desk colleague Piers Curran. Amplify now has a team of thirty trading across asset classes from their trading floor in Canary Wharf. Amplify Trading has become a respected voice in the Indus [read more]

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

16:15 Panel: Increasing futures execution performance and sourcing liquidity with the latest algorithmic trading 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 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]

16:45 LIVE BENCHMARKING: Futures and options trading trends: audience survey via real-time anonymous polling Curious how your peers are trading futures and options and where they see opportunities in 2012 listed derivatives trading? At TradeTech’s Futures and Options Stream, take part in the Futures And Options Trading Trends Audience Survey Via Real-Time Anonymous Polling. Answers will be released in real time and the entire study will be available for download for all conference attendees. Imagine how this study can help you optimise your futures and options trading strategy and determine where you should be focusing your resources in 2012.

17:15 Panel: Exploring co-location and low latency trading tools to build a more profitable high volume futures trading desk Bronislav Kandrik, Head of Trading, RJS Peter Van Kleef, Principal, Lakeview Capital Market Services GmBH 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, RJS 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]

Theatre 3 Buy Side Focus Open to all participants!

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

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 Tom Ungi, Managing Director, Head of Trading, Millennium Anton Aitken, Director, Head Trader, Templeton AM Ian Domowitz, MD - Global Head of Analytical Products & Research, ITG Jon Fatica, Head of Analytics, Trading Screen Nitin Gambhir, CEO, Tethys Technology 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] Tom Ungi Managing Director, Head of Trading, Millennium Anton Aitken Director, Head Trader, Templeton AM 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

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 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: The race to find liquidity in a volatile, fragmented and changing market – strategies, ideas and technologies Timothy Enneking, Chairman, Altima AM Giovanni Beliossi, Managing Partner, FGS Capital Phillip Weinberg, Equities Trader, Karara Capital How to best find liquidity for a big block trade? Overcoming the information leakage challenges Trading smaller size orders Going back to old fashioned block trading Taking advantage of the volatile and unstable markets Analysing venue performance – what is generating your alpha? Using dark pools effectively Using Bloomberg to advertise block business 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] Giovanni Beliossi Managing Partner, FGS Capital Giovanni is Managing Partner at FGS Capital LLP, where he is the CEO and is responsible for portfolio management. Previously he was Associate Director of hedge funds at First Quadrant Ltd, where he set up and was the portfolio manager of its Pan European long/short equity market neutral portfolios, and was responsible for UK-based hedge fund business. He has extensive experience of managing equity [read more] 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]

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

16:15 Closed Door Buy Side Roundtable Discussions –By Invitation Only 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 and 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

16:45 Panel: New ideas and effective strategies for broker review: are you getting good value for money? Terence Nahar, Investment Director, Investment Solutions Team, Scottish Widows Investment Partnership Dale Brooksbank, Head of European Trading, State Street Global Advisors 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 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]

17:15 Panel: The practical realities of trading in the dark – getting best execution with minimal risk Phillip Weinberg, Equities Trader, Karara Capital Terence Nahar, Investment Director, Investment Solutions Team, Scottish Widows Investment Partnership Anton Aitken, Director, Head Trader, Templeton AM Charles-Albert Lehalle, Head of Quantitative Research, Cheuvreux Jatin Suryawanshi, Head of Global Quantitative Strategies, Jefferies 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] 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] Anton Aitken Director, Head Trader, Templeton AM 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]

Theatre 4 Market Structure & Regulation

Pinpointing liquidity & responding to regulation 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

14:15 Regulation progress update from the policy makers: strategy & implementation Valerie Ledure, Senior Policy Officer, Securities Markets, Directorate-General Internal Market and Services, European Commission Current legislative initiatives in the European Parliament Challenges of effective and practical implementation of regulation MiFID II update – progress and future plans CALL FOR COMMENT FROM THE INDUSTRY: INTERACTIVE Q&A Valerie Ledure Senior Policy Officer, Securities Markets, Directorate-General Internal Market and Services, European Commission Ms Valérie Ledure is a senior policy officer and works in the field of securities markets for the European Commission, Directorate-General Internal Market and Services. She has played a key role in the review of Mifid and the package of policy documents recently adopted by the Commission.Prior to joining the Commission, Ms Ledure worked at ING Bank in Corporate Finance and Securitisation where she [read more]

14:45 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 Sigma 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 Martin Ekers, Head of Dealing, Northern Trust Investments 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 Christian A Katz CEO, Six Sigma 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] 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 sell [read more]

15:15 Debating the future market structure: different priorities for different market participants Sal Arnuk, Partner & Co-Founder, Themis Trading LLC 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? Sal Arnuk Partner & Co-Founder, Themis Trading LLC Sal Arnuk is partner, co-founder and co-head of equity trading of Themis Trading LLC. Mr. Arnuk has extensive experience in equities trading and is an expert in electronic trading and market structure. Prior to Themis, Mr. Arnuk established an equity agency trading business (OTC and Listed equities) at Smith Jacobs & Company in 2000. Prior to Smith Jacobs, Mr. Arnuk worked for more [read more]

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

16:15 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]