TradeTech Nordic Agenda

Registration and coffee Registration and coffee

8.40 Chair's opening remarks Chair's opening remarks

8.55 Keynote address: The view from a politician on the Nordics as a financial centre Keynote address: The view from a politician on the Nordics as a financial centre

9.15 Liquidity & transparency panel discussion: Addressing the current level of fragmentation and competition amid exchanges and MTFs and pinpointing strategies to locate liquidity in illiquid stocks to increase your trading activity and your returns Matthew Paré, Head of EMS Sales, Europe, ITG Graham Dick, Head of Business Development, Chi-X Europe Robert Barnes, Managing Director, Equities, UBS Alex Dalley, Head of Sales, BATS Europe Is the Nordic region over or under fragmented and how is the region going to evolve in the next 3 years? How does this compare with the situation in Europe? Defining what consolidated tape means for the Nordic region and assessing which parts of the US model could successfully be replicated in order to achieve the holy grail of data information and robust audit trail Successfully ensuring the best price at all times - What are the exchanges and MTFs prioritising in the next 12 months in order for you to achieve best execution Getting access to venues whilst avoiding being looked at by HFT traders and giving away too much information - Building up trust Matthew Paré Head of EMS Sales, Europe, ITG Matthew is responsible for the business development and distribution of Triton, ITG’s EMS throughout Europe. Since joining ITG Matthew has represented ITG’s liquidity and electronic trading group and has partnered with Triton clients to provide custom solutions including trade automation, smart order routing and customised pre-trade. Investment Technology Group, Inc., is an independent agency rese [read more] Graham Dick Head of Business Development, Chi-X Europe Graham Dick is head of business development, sales and client account management at Chi-X Europe. He is a member of the Executive Committee and has been with the company since inception in 2006. Graham was initially responsible for new clients and account management and in addition now heads all new business and product initiatives including derivatives, clearing and market data strategies. He has [read more] Robert Barnes Managing Director, Equities, UBS Alex Dalley Head of Sales, BATS Europe Alex Dalley leads the BATS Europe sales division and is responsible for client relationship management and development. Before joining BATS Europe in August 2008, Mr. Dalley was head of membership at the London Stock Exchange directing exchange trading sales and member firm acquisition. He also led business development for the LSE buy-side/sell-side FIX hub and spoke service. Mr. Dalley enjoys com [read more]

10.00 Interactive regulatory & practitioners' debate: Navigating the latest regulatory developments to understand how regulation will work in practice and impact your firm so that you can best position your trading desk for compliance and safe profits Hans Lindh, Head of Trading, Swedbank Robur Hanne Råe Larsen, Director Securities Division, Finanstilsynet Markku Savikko, Managing Director, Federation of Finnish Financial Services Ulrika Robertsson, Executive Director, Goldman Sachs Electronic Trading During this interactive debate, representatives from the regulatory bodies of individual Nordic countries together with pan-European regulators and industry practitioners will provide you with first hand knowledge on the latest developments within the regulatory arena. The interactive format will give you an opportunity to ask questions and get immediate answers to your most pressing concerns. Gaining a meaningful insight on how far along the curve the Nordics are in the introduction of competition and the challenges it presents to the region Capitalising upon regulatory changes in order for your business to grow profitably beyond equities Nordic specific issues about consolidated tape and outlining how it will enable trading in the OTC market Clarifying the evolution and standardisation of Transaction Cost Analysis and the efficiencies it will bring to the Nordic region Commission Sharing Agreements: Successfully tackling the challenges surrounding tax laws in order to achieve a better execution What traders really should insist on getting from the politicians when lobbying for the various tax laws in order to put the Nordic region to advantage Highlighting the rules on the clearing side so that post trade costs will dramatically decrease Hans Lindh Head of Trading, Swedbank Robur Hans Lindh studied Political Science and History at the University of Umeå from 1979-80, Economics at the University of Umeå from 1980-1984 and Business and Company Valuation at Stockholm School of Economics in 1991. Mr Lindh started as Equity Sales at Handelsbanken from 1985-1989 and the he was Head of Sales International Equities at Handelsbanken from 1990-1993. He then joined Merrill Lynch in L [read more] Hanne Råe Larsen Director Securities Division, Finanstilsynet M.Sc. in Business. Hanne Råe Larsen joined the Danish FSA 1 January 2010. Previously to joining Finanstilsynet she has 18 years experience from the financial sector in Denmark. Markku Savikko Managing Director, Federation of Finnish Financial Services Ulrika Robertsson Executive Director, Goldman Sachs Electronic Trading

11.00 Morning coffee break in the exhibition area Morning coffee break in the exhibition area

11.30 High Frequency Trading panel discussion: Tackling the explosive growth of HFT within the Nordic region, how successfully it has been deployed to date and understanding how it fits within the Nordic trading landscape in order for HFT to have a positive impact on your business Morten Byrdal Christensen, Head of Equity Trading, Jyske Bank Björn Sibbern, President and Head of Nordic Equities, Nasdaq OMX Copenhagen A brief overview of the use of HFT in Europe and the US and a comparison with the state of play in the Nordic region Overview of the market structure in the Nordics, its dynamics and future changes in the trading strategy To what extent will HFT be regulated under the MiFID review so that you're next generation of HFT strategies are aligned for success Should the buy side participate in HFT or should market makers be involved in order for them to save you manpower and costs? Success and war stories Morten Byrdal Christensen Head of Equity Trading, Jyske Bank Björn Sibbern President and Head of Nordic Equities, Nasdaq OMX Copenhagen

12.15 In conversation with: Kay Swinburne, Member, Committee on Economic & Monetary Affairs, European Parliament Hans-Ole Jochumsen, President, NASDAQ OMX In conversation with: Kay Swinburne Member, Committee on Economic & Monetary Affairs, European Parliament Hans-Ole Jochumsen President, NASDAQ OMX

12.45 Efficiently tapping into emerging markets liquidity Effectively unlocking the emerging financial world amid technological revolution  Identifying the multiple trading barriers to efficiently arrange DMA access in a booming equity markets region  What do regional/specialist brokers need to deliver in order to become a partner of choice for the UK & European buy side  Proven successful ways to manage trades and settlement requirements in emerging markets  Developing algorithmic solutions that will truly understand the underlying market enabling to outperform their stock competition  Evaluating the nature of liquidity in these emerging markets and assessing the best strategies to identifying access the liquidity you need

13.30 NETWORKING LUNCH IN THE EXHIBITION AREA NETWORKING LUNCH IN THE EXHIBITION AREA

14.30 Best practice broker selection panel discussion: Determining Nordic and international buy side requirements in order for your trading desk to closely work with a broker which is best positioned for gaining competitive advantage Simo Puhakka, Head of Trading, Pohjola Asset Management Paal Karstensen, Head of Equities, DnB Nor Andrew Morgan, European Head of Autobahn Equity, Deutsche Bank Analysing the differences in the selection criteria from Nordic and international traders in order for you to create the perfect check list Clarifying which problems can be caused when the buy side don't pay enough commissions and what this means for the survival of Nordic brokers Examining the pros and cons of regional and international brokers with a view to make the best decisions on price and service levels Simo Puhakka Head of Trading, Pohjola Asset Management Head of Trading of Pohjola Asset Management is broadly experienced in the financial industry as a Trader, Portfolio Manager and Hedge Fund Manager. He has headed the Pohjola Asset Mangements multi asset class trading desk since 2008 with ongoing responsibility for the team´s contribution to the investment process. He joined OP-Pohjola Group May 2000. Paal Karstensen Head of Equities, DnB Nor Andrew Morgan European Head of Autobahn Equity, Deutsche Bank

15.15 Transaction Cost Analysis panel discussion: Effectively and successfully supporting the design of your optimal trading strategies to obtain the best possible performance Jens Jacob Foged, Head of Trading, Sparinvest Anders Kulp, Head of Trading, Estlander & Partners Is it worth the time and does it add any value? Should the sector try to standardise TCA in order to compare the real broker qualities? Trustworthiness of data Jens Jacob Foged Head of Trading, Sparinvest Jens Jacob Foged has 13 years experience in creating and managing Global Equity & CFD, trading desks. Through IT integration, he is able to cut cost and minimize risk in market making & trading, thus increasing Sharp ratio & profit substantially. Mr Foged has been licensed as a trader on all major European exchanges and has made markets in over 700 s [read more] Anders Kulp Head of Trading, Estlander & Partners

16.00 Afternoon ceffee in the exhibition area Afternoon ceffee in the exhibition area

16.30 Algos panel discussion: Effectively measuring the performance of algos Espen Seidel, Portfolio Manager, Ox Norge Who actually benefits from algo trading? What is the average lifespan of an algorithmic trading strategy? When can you start seeing the results from utilising algos? Espen Seidel Portfolio Manager, Ox Norge

17.15 Dark pools panel discussion: Differentiating dark pools with the objective for you to verify which venues access the maximum liquidity at the best price Charles Lehalle, Head of Quantitative Research, Cheuvreux Rules allowing large blocks of trades to be done without prices displayed beforehand could undermine market transparency The impact of the regulatory changes on the market and the changes for broker crossing networks Charles Lehalle Head of Quantitative Research, Cheuvreux

18.00 Chair's closing remarks Chair's closing remarks