Bookmark and Share
TradeTech Japan
06 - 07 June, 2012
The Westin, Tokyo, Japan

TradeTech Japan 2011

MAIN CONFERENCE DAY ONE – 7 June
08.00 Registration and Morning Coffee and Opportunity to View Exhibition
Registration and Morning Coffee and Opportunity to View Exhibition
08.50 Chair’s opening remarks
Chair’s opening remarks
09.00 Arrowhead one year on: How has the dynamic new trading system affected the Japanese market and what can traders expect to come
Yoshinori Suzuki, Senior Management Director & CIO, Tokyo Stock Exchange
Hailed as the answer to Japan’s previously slow and inefficient trading system, Arrowhead has proved a huge success, increasing speed and volumes whilst tightening spreads. Here, Tokyo Stock Exchange explain their experiences of running the cutting edge system and what other initiatives we can expect as the exchange continues to prove itself as a dominant trading hub in Asia
  • Arrowhead one year on: What lessons have we learnt?
  • How will the TSE continue to compete against the other regional exchanges?
  • How will the TSE respond to the continuing growth of PTS venues?
speaker_default

Yoshinori Suzuki
Senior Management Director & CIO, Tokyo Stock Exchange

Mr. Yoshinori Suzuki is responsible for managing the IT unit at TSE, including IT planning, development, and operation. He also heads the business process re-engineering office for TSE. Mr. Suzuki joined TSE in 2006 and re-designed the IT master plan and the enterprise architecture of TSE. He lead the successful launch of 'arrowhead', the new equities trading system, in 2010 and 'Tdex+', a trading [read more]
logo_default
09.30 Understanding the fragmentation of the Japanese market and exploiting trading opportunities
Tal Cohen, CEO, Chi-X Global
Yoichi Ishikawa,, Executive Officer,, kabu.com
Masami Hatakeyama, Co-CEO, SBI JapanNext
Shunsuke Nishino, Head of Trading, Daiwa SB Investments
Isao Hasegawa, Director, Equities, Tokyo Stock Exchange
Robert Dykes, CEO, Tora Trading
Matthias Rietig, Executive Advisor to the Board, Osaka Securities Exchange
Tetsuya Watanabe, Goldman Sachs
With the overall trading volumes estimated at 1% of the daily TSE amount (Feb 2011), PTSs are slowly, but surely, announcing themselves to the Japanese market. This panel examines their growth, the pros and cons of each and discusses whether we will ever see the 30-40% volumes as in the US and Europe
  • Understanding the role of the PTS in the Japanese market – Volumes, prices, liquidity, risk and spreads
  • How does the TSE view the competition Should they simply decrease tick size to take out PTSs competitive advantage?
  • Is a MiFID style regulation required for PTS to really take off in Japan and in Asia generally?Moderator : Goldman Sachs 
speaker_default

Tal Cohen
CEO, Chi-X Global

Tal Cohen is Chief Executive Officer of Chi-X Global Inc. Mr. Cohen previously served as CEO of Chi-X Global’s Americas business, which includes Chi-X Canada and the BVMF joint venture, Chi-FX Brazil. For nearly ten years prior to moving to Chi-X Global, Mr. Cohen held a variety of senior roles with Instinet, including Head of Instinet Canada Limited, Head of U.S. Business Devel [read more]
speaker_default

Yoichi Ishikawa,
Executive Officer,, kabu.com

Yoichi Ishikawa is one of the founding members of kabu.com Securities in 1999 where he is currently General Manager of kabu.comPTS. Kabu.com Securities is a subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the leading online brokers in Japan. In July 2006, Mr. Ishikawa was involved in the establishment of Japan's first Proprietary Trading System (PTS), which was licensed by the Ja [read more]
speaker_default

Masami Hatakeyama
Co-CEO, SBI JapanNext

 
speaker_default

Shunsuke Nishino
Head of Trading, Daiwa SB Investments

Joined Daiwa Securities in 1987. Engaged in foreign equity sales trading for Japanese institutions at Tokyo and Hong Kong offices, and assumed General Manager at Equity department. Joined Daiwa SB Investments in 2002 as Managing Director at UK subsidiary office, and assumed present post in 2006. Before joining the Daiwa Group, he worked for Japanese manufacturers mainly engaged in export sales. Ba [read more]
speaker_default

Isao Hasegawa
Director, Equities, Tokyo Stock Exchange

 
speaker_default

Robert Dykes
CEO, Tora Trading

 

Matthias Rietig
Executive Advisor to the Board, Osaka Securities Exchange

Born in Frankfurt/Germany in 1977, Matthias started his professional career with Deutsche Boerse AG in 1998, first as a trainee and then served in various roles within the group. Matthias left Deutsche Boerse AG in 2003 for a short half year stint with Monex Securities Inc. in Tokyo, one of the leading Japanese online brokers. After returning to Europe, Matthias joined the Global Markets team at D [read more]

Tetsuya Watanabe
, Goldman Sachs
10.30 Morning coffee and opportunity to view exhibition
Morning coffee and opportunity to view exhibition
11.10 Performance of algorithmic trading and Japanese market themes
Naoki Kamiyama, Chief Equity Strategist, Japan, Deutsche Securities
  • Analysis of Deutsche Bank’s recent studies into the Japanese algorithmic trading market
  • Understanding how best algos can be implemented in different market conditions
speaker_default

Naoki Kamiyama
Chief Equity Strategist, Japan, Deutsche Securities

Naoki Kamiyama joined Deutsche Securities in May 2009 as the Chief Equity Strategist for Japan. He has worked as a strategist for over 9 years. Prior to joining Deutsche Securities, Naoki worked at a major securities firm as a Japan equity strategist and has experience at several other securities and investment firms. He has a BA in economics from Hitotsubashi University, an MBA from New York Univ [read more]
11.40 Delivering next generation algorithmic strategies to grasp increasingly complex trading opportunities
Takashi Hiratsuka, Chief Trader – Asset Management Division, Resona Bank
With fragmentation increasing in Asia, and particularly in Japan, the development of advanced algorithmic strategies able to adapt and profit from changing market conditions is crucial. This session delivers a case study in what the buy side should be looking for and what is needed to create robust and efficient algorithms
  • Building flexibility to ensure your algo can adapt to changing market conditions
  • Best usage and analysis of market reference data to ensure you read the market correctly
  • Predicting the next generation of algos

speaker_default

Takashi Hiratsuka
Chief Trader – Asset Management Division, Resona Bank

Joined Resona Bank in 1999. Responsible for the trading in equities, bonds, foreign exchange and money market in Asset Management Div. Started the career as a buy side trader at Daiwa Asset Management in 1998. Joined Barclays as a new graduate in 1988. Traded Euro dollar warrants and Nikkei 225 future & options as the property trader and traded Japanese equities as a property a [read more]
12.10 The role of algorithmic trading in Japan: Strategies, players and results
Takashi Hiratsuka, Chief Trader – Asset Management Division, Resona Bank
Kazu Ooki, Head of Sales Japan, ICAP Electronic Broking
Neil Katkov, Senior Vice President, Head of Asia, Celent (a part of Oliver Wyman)
Quentin Limouzi, Executive Director - Head of BNPP Electronic & Algorithmic Trading Services (BEATS) Panasia, Equities & Derivatives , BNP Paribas
Takayuki Saito, Managing Director, Morgan Stanley
The role of algo trading is growing steadily with the introduction of Arrowhead. This panel brings together a range of experts to address the development and discuss how traders can maximize the benefits of technology and smart programming to gain profit from the markets
  • Market overview on the scale of algo trading in Japan and future projections for its growth
  • Understanding the players: Are domestic players catching up with overseas traders when using algos to trade Japan or is the vast majority of trading still from outside Japan?
  • Analyzing how well algos adapt to market conditions under the new Arrowhead system
  • Will the new trading landscape allow for the doubling of algo trading as predicted by Celent
speaker_default

Takashi Hiratsuka
Chief Trader – Asset Management Division, Resona Bank

Joined Resona Bank in 1999. Responsible for the trading in equities, bonds, foreign exchange and money market in Asset Management Div. Started the career as a buy side trader at Daiwa Asset Management in 1998. Joined Barclays as a new graduate in 1988. Traded Euro dollar warrants and Nikkei 225 future & options as the property trader and traded Japanese equities as a property a [read more]
speaker_default

Kazu Ooki
Head of Sales Japan, ICAP Electronic Broking

Kazu Ooki is Regional Head of Sales for ICAP Electronic Broking‘s FX Division in Japan and Korea and has also been the representative director for the EBS Dealing Resources’ Japan subsidiary since April 1999. Ooki joined Citicorp/Quotron as Sales Executive of Quotron FX Trader in 1991 and was responsible for the successful launch of the new product in Japan. H [read more]
logo_default
speaker_default

Neil Katkov
Senior Vice President, Head of Asia, Celent (a part of Oliver Wyman)

Neil Katkov, based in the firm’s Tokyo office, is SVP of Asia for Celent, a global advisory firm focused on technology and business strategy in the financial services.
His areas of expertise include the Asian financial services industry, trading and capital markets structure, financial services distribution channels, and compliance issues including anti-mon [read more]
QuentinLimouzi

Quentin Limouzi
Executive Director - Head of BNPP Electronic & Algorithmic Trading Services (BEATS) Panasia, Equities & Derivatives , BNP Paribas

Mr. Quentin Limouzi is currently Head of Advanced Execution for Asia and Japan at BNP Paribas Securities (Singapore) Pte Ltd. He is responsible for the electronic trading platform for cash equities in Asia and Japan.Quentin joined BNP Paribas in 2007 where he was responsible for the development of electronic trading platform in Japan. After the successful launch there, he spent two years in expand [read more]

Takayuki Saito
Managing Director, Morgan Stanley
13.00 Lunch and opportunity to view exhibition
Lunch and opportunity to view exhibition
15.00 Recent developments in academic research on execution strategies and transaction costs: a Bank of Japan case study
Yoshihiko Sugihara, Deputy Director and Economist Institute for Monetary and Economic Studies, Bank of Japan

Bringing together detailed research from a range of sources, this session from the Bank of Japan explores the overall development in trading transactions, analyzing speed and price. Different models are covered and SOR will be looked at in order to help you achieve best execution in your trades.


  • Theoretical models and empirical analyses on efficient algorithms for block order executions
  • Academic models of HFT strategies
  • Smart order routing algorithms in the presence of hidden liquidity
An economic model of inter-market competition
speaker_default

Yoshihiko Sugihara
Deputy Director and Economist Institute for Monetary and Economic Studies, Bank of Japan

 
15.00 Using cutting edge technology to gain a trading edge
STREAM A: PLENARY STREAM
Neil Katkov, Senior Vice President, Head of Asia, Celent (a part of Oliver Wyman)
Mike Powell, Global Head of Enterprise Real-Time Solutions, Thomson Reuters
Kelvin Chiu, Co-CTO, SBI JapanNext
Trading and technology have never been so closely linked, with your systems speed and accuracy crucial to your success. This panel covers the very latest developments and how you can use technology to give yourself an edge.
  • Integrating cutting edge new products with legacy systems
  • Assessing whether to build or buy and implications for both
  • Understanding the limits of your capabilities in the arms race to zero latency
  • Using cloud technology for efficient resourcing - Assessing at what point your technology spend stops delivering ROI
speaker_default

Neil Katkov
Senior Vice President, Head of Asia, Celent (a part of Oliver Wyman)

Neil Katkov, based in the firm’s Tokyo office, is SVP of Asia for Celent, a global advisory firm focused on technology and business strategy in the financial services.
His areas of expertise include the Asian financial services industry, trading and capital markets structure, financial services distribution channels, and compliance issues including anti-mon [read more]
speaker_default

Mike Powell
Global Head of Enterprise Real-Time Solutions, Thomson Reuters

Mike Powell is the Global Head of Enterprise Real-Time Solutions at Thomson Reuters. Having joined the firm in 1995, Mike currently holds global responsibility for real-time solutions including Elektron - Thomson Reuters ultra-high speed real-time network and hosting environment - global aggregated data feeds, hosted and managed low latency market data and news feeds, and quantitative and event dr [read more]
logo_default
speaker_default

Kelvin Chiu
Co-CTO, SBI JapanNext

 
15.50 Afternoon coffee and opportunity to view exhibition
STREAM A: PLENARY STREAM
Afternoon coffee and opportunity to view exhibition
16.45 Innovative changes on the TSE derivatives market
STREAM A: PLENARY STREAM
Syuya Iimura, Director of Derivatives, Tokyo Stock Exchange
No session description available.

Syuya Iimura
Director of Derivatives, Tokyo Stock Exchange

Shuya Iimura joined TSE in 1987. He has assumed the position Director of the Derivatives Department since June 2010. Since joining the company, he has been engaged in business planning, management, and promoting the futures and options market for 16 years. During this time, he has been responsible for establishing the single stock options (kabuOP) market, and also involved in listing numerous new [read more]
16.55 Session title TBC - SGX presentation
Toshihiro Atae, Chief Representative, SGX Tokyo Office
No session description available.

Toshihiro Atae
Chief Representative, SGX Tokyo Office

Toshihiro Atae is Chief Representative for Singapore Exchange (SGX), Tokyo Representative Office. He has spent 22 years in securities industry handling listed derivatives and cash equity for institutional clients. Before joining SGX, he was head of global products sales in Societe Generale Tokyo, Fimat Division. He was also involved in Managed Futures business while he was in su [read more]

17.05 panel: Overview of the changing derivatives market
Toshihiro Atae, Chief Representative, SGX Tokyo Office
Matthias Rietig, Executive Advisor to the Board, Osaka Securities Exchange
Syuya Iimura, Director of Derivatives, Tokyo Stock Exchange
Ulf Carlsson, General Manager, North Asia & Japan, NasdaqOMX
With the OSE recently launching their J-GATE system and the TSE looking to increase competition with improvements to their T-Dex+ systems, it is clear that the high frequency race is now on for different asset classes. How will this and other changes affect the role of the traditional equity trader?
  • An overview from the exchanges on recent developments and future plans
  • Understanding the role of derivatives in managing risk

Toshihiro Atae
Chief Representative, SGX Tokyo Office

Toshihiro Atae is Chief Representative for Singapore Exchange (SGX), Tokyo Representative Office. He has spent 22 years in securities industry handling listed derivatives and cash equity for institutional clients. Before joining SGX, he was head of global products sales in Societe Generale Tokyo, Fimat Division. He was also involved in Managed Futures business while he was in su [read more]

Matthias Rietig
Executive Advisor to the Board, Osaka Securities Exchange

Born in Frankfurt/Germany in 1977, Matthias started his professional career with Deutsche Boerse AG in 1998, first as a trainee and then served in various roles within the group. Matthias left Deutsche Boerse AG in 2003 for a short half year stint with Monex Securities Inc. in Tokyo, one of the leading Japanese online brokers. After returning to Europe, Matthias joined the Global Markets team at D [read more]

Syuya Iimura
Director of Derivatives, Tokyo Stock Exchange

Shuya Iimura joined TSE in 1987. He has assumed the position Director of the Derivatives Department since June 2010. Since joining the company, he has been engaged in business planning, management, and promoting the futures and options market for 16 years. During this time, he has been responsible for establishing the single stock options (kabuOP) market, and also involved in listing numerous new [read more]

Ulf Carlsson
General Manager, North Asia & Japan, NasdaqOMX

Mr Ulf Carlsson joined NASDAQ OMX in 1996. Since 2003 responsible for NASDAQ OMX operations in North Asia & Japan, based in Hong Kong. Director of the Board of NASDAQ OMX Tokyo, Hong Kong and Singapore. Prior to moving to Asia, 1996-2003 Mr Ulf Carlsson was Head of NASDAQ OMX Marketplace Business Unit responsible for the marketplace systems CLICK XT and SAXESS business globally. Ba [read more]
17.50 Chair’s closing remarks
Chair’s closing remarks
18.00 TradeTech Japan 2011 drinksreception
TradeTech Japan 2011 drinks reception
19.00 End of day one
End of day one
Home | Register Now | Sponsorship Opportunities | Contact Us | Privacy Policy | WBR | Sitemap
© 2012 Worldwide Business Research. All Rights Reserved.
Theme2 Master Page Theme2 PageName:agenda.aspx EventInfo Id = 115916 Content Id = 115954 Content Title = dayone