Preliminary Agenda

Main Conference Day One - 10 September

Economic Address International

08.30 Registration and Morning Coffee
09.00 Chair’s Opening Remarks
09.10 Welcoming Address

SESSION 1: SETTING THE SCENE – INDIA’s ECONOMIC AND INVESTMENT LANDSCAPE

09.20 The Indian Economy In 2008: How Is Volatility In The Global Markets Affecting India?

• Identifying the key macro and structural drivers behind India’s
  economy
  
• Understanding what will be the key growth areas in India’s
  economy over the next 5 years
  
• Analysing how decoupled is India from the credit crunch crisis
  
• How likely is an Indian Sovereign Wealth Fund and what would
  be the impact?

PN Vijay, Chairman and Founder, PN Vijay Financial Services

09.50 Inside The Boardroom: Examining The Future Of The Investment Process In India And Its Impact On The Trading Landscape

• Examining the current health of the Indian stock market and the global forces impacting the Japanese economy
  
• Predicting portfolio structures of the future that will maximise investment objectives
  
  • best practices to understanding and defining the future role of the trader within these investment parameters
• Assessing the relative merits of active vs passive management
  
• Responding to the regulatory pressure in the Indian market: what does the future hold for the investment management business model?

Panelists:
Ajay Bagga, Chief Executive Officer, Lotus Asset Management India
Paras Adenwala, Chief Investment Officer, ING Investment Management India
Ved Prakash Chaturvedi, Chief Executive Officer and Managing Director, Tata Asset Management
Nitin Jain, Vice-President - Equities Fund Management, Kotak Mahindra
Moderator:
Arpit Agarwal, Chief Executive Officer, Dawnay Day Financial Services

10.30 Profitting From The India Growth Story – Still A Good Bet For Foreign Investors And Asset Managers?

• Investing the opportunities in India for investors and traders – identifying short, medium and the long term gains
  
• Examining how does India currently compare with other emerging markets destinations. Can we expect to see this dynamic change?
  
• Determining growth predictions for 2009 and beyond

Robert Parker, Vice Chairman, Credit Suisse Asset Management

11:00 Networking Break and Opportunity To View Exhibition

SESSION 2: THE CHANGING INDIAN REGULATORY ENVIRONMENT

11.40 DMA, Shortselling – What’s Next? How Is SEBI Driving Forward Regulatory Change In India?

• How has the introduction of DMA altered the trading landscape in India?
  
• Examining other initiatives that SEBI are introducing to facilitate increased trading and liquidity volumes in India
  
• Reviewing shifting attitudes towards hedge funds short-selling: what is legal and what is allowed?
  
  • analyzing the impact on stock lending arrangements
    
  • is setting up offshore the only effective option?

TC Nair, Whole Time Member, SEBI

12.10 How Are Exchanges Responding To Increased Interest In India As A Trading And Investment Destination?

• Examining the National Stock Exchange’s (NSE) strategy towards servicing market participants?
  
• Identifying what steps are the NSE is currently taking in India to the demands for more efficient trading. What lessons can be learnt from exchanges outside India?
  
  • understanding what liquidity providing and alternative trading options the NSE is currently offering
    
• Evaluating how successful has the NSE been in achieving the following objectives:
  
  • improving latency
    
  • increasing robustness
    
  • increasing flexibility
    
  • greater price dissemination
    
• Predicting what level of mergers and consolidation can we expect to see in India amongst exchanges
  
  • examining the prospects for more JVs
    
• What future trading improvements can the buy side and sell side expect to see from the NSE?

Interviewer:
Sunil Damania, Managing Editor, Dalal Street Investment Journal
Interviewee:
Vidhu Shekhar, Vice President, National Stock Exchange of India

12.40 Electronic Trading In Turbulent Markets: Where Can It Add Real Value?

• Defining electronic trading – its limits and its potential
  
• Exploring strategies for electronic trading in volatile market conditions
  
• Understanding how technology can improve efficiency and execution in your business
  
• Integrating advanced trading platforms into your systems

Senior representative, Merrill Lynch

13.10 Lunch and Opportunity To View The Exhibition

Make the most of the concurrent tracks of case studies by bringing your colleagues. Specifically designed team discounts mean you can save serious money when you book with your whole team. With every session covered by you and your colleagues, you can really start to leverage real life experiences that the speakers explore.

TradeTech Regulatory Address In Conversation Address
STREAM A

14.30 Chair’s Opening Remarks – Stream A

SESSION 3: CHAMPAGNE ROUND TABLES

14.40 In a break from the traditional conference format this session of the conference will break down into a series of informal roundtables, enabling to ask your pressing questions in a more intimate, interactive environment.

Roundtables to choose from include:
Round Table 1) FIX
Round Table 2) Algorithmic Trading
Round Table 3) Regulatory Changes In India
Round Table 4) Dark Pools
Round Table 5) OMS and EMS

15.40 Buy Side / Sell Side Networking Exchange

TradeTech conferences are designed to help you do business as well as educate. In this networking session delegates will get to meet their fellow attendees in a brief, yet structured meeting environment. The Buy Side / Sell Side Networking Exchange allows swift and efficient interaction that will lead to lucrative, ongoing business associations. Take the headache out of networking: you can now gain personal introductions to the decision makers who are your potential clients and partners. Make sure you bring plenty of business cards!

16.10 Opportunity To View Exhibition

SESSION 4: ELECTRONIC TRADING IN INDIA TODAY

16.40 Latest Market Research: Reviewing The Adoption Of Trading Technology In India

• Assessing how relevant the following drivers are in India:
  
  • Increased Trading Efficiency - Better Performance
    
  • Stock Characteristics - Lower Commissions
    
  • Liquidity - TCA
    
  • Greater Control Over - Rise Of Hedge Funds Trade Execution
    
• Examining what developments we can expect over the next two years

Sandeep Hebbar, Senior Analyst, Celent

17.10 What Do The Indian Buy Side Really Think About Electronic Trading?

• Examining the impetus from the India domestic buy side to adopt more trading technology
  
• Understanding the buy side’s views on the following:
  
  • FIX - algorithmic trading
    
  • DMA
    
• When will phone / fax trading become a thing of the past in India?
  
• Identifying which asset classes are proving popular
  
• Predicting which sectors are set to perform best over the next 12 months

Panelists:
Vedant Minami, Principal, Atyant Capital Partners
Seshadri Bhrathan, Director, Dawnay Day Financial Services
Rajiv Shastri, Manager, Lotus Asset Management
Moderator:
Sushil Kedia, Head of Institutional Equities, K & A Securities

17.40 Chair’s Closing Remarks
17.50 End of Day One
18.00 - 20.00 Networking Reception

STREAM B

14.30 Chair’s Opening Remarks – Stream B

SESSION 5: CHALLENGES AND OPPORTUNITIES IN DERIVATIVES TRADING

14.40 Exploring Opportunities To Utilise Derivatives and 3rd generation Structured Products in India to Optimise Your Equity Trades And Enhance Your Overall Investment Performance

• Utilising derivatives to transfer, hedge and trade risk: How can the new breed of derivatives increase the profitability of your trading desk?
  
• Broadening your derivative capabilities: developing various complex trading strategies to incorporate basis and capital structure trades into your operations
  
• Practical guidelines for devising an optimal strategy for derivatives
  
• Using 3rd generation structured products for overall investment performance
  
• Combining derivatives with algos what are challenges and what are the opportunities?
  
• Setting up a easy quantitative tool box

Francois Bloch, Chief Investment Officer, AMAS Private Bank (part of the Hinduja Group)

15.10 Utilising Derivatives To Increase Your Desk’s Profitability – The View From The US

• Enhancing and creating efficiency in your existing product
  platform through the use of derivatives
  
• Utilising derivatives to effectively model volatility
  
• What future trends can we expect to see from the US be
  implemented in India?

Eric Karpman, Vice President, BNY Mellon Asset Management

15.40 Buy Side / Sell Side Networking Exchange
16.10 Opportunity To View Exhibition

SESSION 6: THE INDIAN HEDGE FUNDS INDUSTRY

16.40 The Search For The Holy Grail Of Investing: Capturing Alpha In The Indian Market

• Developing a successful investment process
  
• Exploring the investment opportunities in the Indian context
  
• Where is the market headed in the medium term?

Chetan J. Parikh, Managing Director & Chief Investment Officer, Jeetay Investments

17.10 Understanding The Indian Hedge Fund Landscape: What Opportunities Does India Offer Compared To Other Emerging Markets?

• Identifying how many India hedge funds there are and what
  strategies they are adopting
• How is India viewed within an emerging market hedge fund
  portfolio?
  
  • assessing how best to include India in an emerging markets
    hedge fund?
    
• Debating the impact of SEBI’s current short selling legislation
  
• Examining correlations and differences with other regions
  
• Location – India, USA, London, Hong Kong, Singapore – where
  is the best place to run your India hedge fund?
  
• Local presence – with most hedge funds being located offshore
  how best can a hedge fund maintain local presence?
  
• Investing into India hedge funds: who can invest?
  
  • restrictions on NRI investing into hedge funds

Panelists:
Sanjiv Shah, Executive Director, Benchmark Asset Management
Vik Mehotra, Chief Executive Officer, Venus Capital
Mansun Thakur, Managing Partner and Chief Executive Officer, Hudson Fairfax
BP Singh, Fund Manager, Baer Capital
Francois Bloch, Chief Investment Officer, AMAS Private Bank (part of the Hinduja Group)

17.40 Chair’s Closing Remarks
17.50 End of Day One
18.00 - 20.00 Networking Reception

Main Conference Day Two - 11 September

Buy Side / Sell Side Networking Exchange Address Panel Discussion Case Study Case Study Buy Side/ Sell Side Networking Exchange Panel Discussion Invetment insight

08.30 Exhibition Opens
09:00 Chair’s Welcoming Address

SESSION 7: DMA AND FIX – THE DNA OF ELECTRONIC TRADING

09.10 Crossing The Rubicon: Migrating To Full FIX Functionality In Equity Trading

• Overcoming the challenges of designing a migratory path from manual to FIX
  
• Quantifying the business risk of using manual order processing systems
  
• Developing an integrated risk analysis to structure an effective FIX adoption path
  
  • what were the challenges of testing and proof of concept?
    
  • selecting preferred suppliers
    
• What were the specific problems caused by adopting the following?
  
  • integrating algorithmic trading - managing broker research
    
  • unbundling broker commissions - ensuring best execution
    
• Key takeways: what have been the main learning points from MetAm’s experience?

Eugene Goosen, Head of Dealing, Metropolitan Asset Management

09.40 Speed, Security And Stealth: What Benefits Will DMA Bring To India?

• Clarifying the likely adoption timelines for India’s trading rooms moving from one touch DMA to DMA
  
• Discussing the importance of the following business drivers behind DMA:
  
  • lower commissions - faster commissions
    
  • greater control over trade execution - anonymity
    
  • connectivity in multiple liquidity pools

Hosted by Fidessa

10.10 Networking Break And Opportunity To View Exhibition

SESSION 8: INDIA’s FUND MANAGEMENT INDUSTRY AND ITS FUTURE IMPACT ON THE TRADING AND INVESTMENT ENVIRONMENT

10.40 Examining The Increasing Role And Impact Of The Indian Insurance Industry On The Trading And Investment Landscape

• Examining the importance of the insurance industry as a driver behind India’s investment growth story
  
• Understanding the increasing convergence between insurance and investing and technology
  
• Will insurance companies supercede mutual funds in their importance as a driver?

G.N. Bajpai, Non-Executive Chairman, EM Capital Management & Former Chairman, SEBI

11.10 Evaluating Opportunities For Foreign Fund Managers Focusing Upon India

• Overcoming local regulatory and taxation issues
  
• Identifying future growth prospects

Seth Freeman, Chief Executive Officer, EM Capital Management

11.40 Examining The Role Of The Asset And Fund Management Industry In India’s Vibrant Capital Market

• Understanding what makes the Indian funds industry attractive
  and how to maintain its high growth
  
• Examining what the domestic market is doing to attract investors
  more effectively
  
• Reviewing what products that have been a success with the
  domestic market – what will be the next big asset class?
  
• As the competitive landscape intensifies what strategic
  adaptations are being considered?

Panelists:
Arindam Ghosh, Chief Executive Officer, Mirae Asset Management
Sanjay Sinha, Chief Investment Officer, SBI Mutual Fund
Seth Freeman, Chief Executive Officer, EM Capital Management
Suraj Kaeley, Director - Sales and Business Development, Fidelity Fund Management
G.N. Bajpai, Non-Executive Chairman, EM Capital Management & Former Chairman, SEBI
Moderator:
AP Kurian, Chairman, Association of Mutual Funds in India

12.20 TradeTech India – Live Polling

With your very own Tradetech polling device, this is your chance to make your voice heard on some of India’s most critical industry issues. Enjoy the benefits of anonymity and watch as the results unfold in real time. A senior panel will comment on the results as they are processed, giving you plenty to discuss with your peers over lunch and other networking functions throughout the day. Don’t miss out! Key discussion points include:

• What proportion of your outlook on India’s equity markets?
  
• Do you expect your technology spend to be higher or lower in 2008 than 2007?
  
• Do you think that trading volumes will increase in India? By how much?
  
• How much consolidation do you expect amongst Indian exchanges?
  
• What does the regulator need to do to encourage the growth of electronic trading in India?

12.50 Networking Lunch and Opportunity to View Exhibition

SESSION 9: THE EQUITY CHALLENGE

14.20 Overcoming The Data Challenges Of Quantative Trading In India

• Identifying the specific challenges of developing quant models in today's volatile trading climate
  
• Analysing which quant strategies and models work best in which market environments
  
• Understanding how various models react to different market conditions
  
• Overcoming the following quant model implementation issues:
  
  • do any models stand up to all environments?
    
  • how do you compare and test your models and strategies? How do you adjust them?
    
  • how do you determine when a strategy or model is no longer working or effective?

Rajiv Shastri, Manager – Agile Fund, Lotus Asset Management

14.50 Capitalising On The Equity Opportunity In India

• Reviewing the current momentum behind India’s equity markets
  
• Identifying sources of capital for asset managers
  
• Where are we headed with the Indian equity market? Are there limits to growth?

Seshadri Bhrathan, Director, Dawnay Day Financial Services

15.20 Networking Break and Opportunity to View Exhibition

SESSION 10: THE FUTURE OF ELECTRONIC TRADING IN INDIA

15.50 Applying a Deep Value Philosophy to Indian Markets

• Managing small capital for big returns
  
• Applying the early Buffett years to investing in the Indian markets.

Amitabh Singh, Portfolio Manager, Surefin Investments

16.20 Evaluating The Future Of The Relationship Between The Buy And Sell Side In India

• How can the buy and sell side work better together?
  
• What value does the sell side offer the buy side? What does the buy side really want from the sell side?
  
• What lessons can India learn from the changing buy side sell side relationship elsewhere?
  
• Thrive, survive or demise: what lies in store for India’s dealing rooms of the future?

Panelists:
Sushil Kedia, Head Institutional Equities, K & A Securities
Francois Bloch, Chief Investment Officer, AMAS Private Bank

16.50 Chair’s Closing Remarks
17.00 End Of TradeTech India 2008

Post Conference Masterclass - 12 September

Masterclass facilitated by:
Seth R. Freeman, MBA, CIRA
Chief Executive Officer, EM Capital Management

08:00 Registration and light refreshments
09:00 Masterclass commences

Led by one of the world’s foremost experts on emerging market cross border relations and advisory, Mr. Seth Freeman, Chief Executive Officer of EM Capital Management. This interactive masterclass will examine successful market entry strategies for both domestic and international companies and fund managers looking to launch a competitive fund in India. Set in an interactive format, the workshop will identify key strategies for success in both entering and launching a fund product in India. In particular the masterclass will focus on:

• Assessing the preliminary stages of entering a new market
  
• Building a checkpoint list What are the key criteria for managers to be aware of when entering a new market?
  
• Why is having a local partner so essential to the success of developing and marketing your fund and how do you identify the right local partner?

Post Conference Masterclass - Friday 12 September 2008

Successful Market Entry Strategies: A Practical Guide For Local and International Managers and Investors Looking at Launching Funds Into India

• Exploring the cross-cultural negotiation and local business practices skills necessary to succeed
  
• To JV or not JV? Examining the regulatory requirements for a joint venture
  
• What legal considerations are necessary?
  
• Understanding what tax implications are possible and how to structure your business accordingly
• Developing the right products for the India
  
• Finding the right distribution channels to market your fund
  
• What other tips can be shared for successfully establishing a fund?

Case study I:

• Assessing how and why a good deal has turned out to be successful
  
• Examining common examples of a good deals and partnerships
  
• Understanding how to build upon a successful partnership and grow your business

Case study II:

• What to do when a partnership goes wrong
  
• Examining common examples of a deal gone wrong
  
• How should you respond? Some prescriptive and ideas on how to mitigate, restructure and turn around a troubled situation

17:00 End of masterclass

About the Masterclass leader

Seth R. Freeman, MBA, CIRA, serves as both Managing Director and Chief Executive Officer for EM Capital Management. Freeman has over 22 years experience as an advisor, investor and senior executive of startup, high-growth and troubled companies. EM Capital Management, Inc. is a San Francisco based global strategic financial advisory and fund management group. EMC is an international management consulting, restructuring advisor, turnaround manager and investment banking boutique serving funds, financial institutions, trustees, creditors and creditor committees, multinational corporations and high net worth individuals. In addition to its restructuring practice, EMC offers U.S. and emerging markets debt and equity structuring and placement.