Buy Side-Only Trading Summit

8:30 Buy Side Summit Registration & Breakfast Buy Side Summit Registration & Breakfast

9:20 Opening Remarks Ian McRae, Executive Director, TradeTech Opening Remarks Ian McRae Executive Director, TradeTech

9:25 Chairperson’s Address Chairperson’s Address

9:40 Panel: Reinventing The Buy Side Trader: Diversifying Your Skill Sets To Make You Invaluable To Your Firm Craig Jensen, Principal, Co-Head of Trading, Armstrong Shaw Associates Gordon Gary, Head Trader, Philadelphia International Advisors, LP Tereck Fares, Director of Trading, Chicago Equity Partners It’s a tough economic environment with all of the consolidation on the buy side. As buy side desks continue to shrink, forward-thinking traders are positioning themselves to be irreplaceable. This panel of head traders will give you insight into what today’s traders can to do to bolster their positions within the firm. Growing your experience and increase what you’re bringing to the table Working more closely with your PM and extending the value you bring on the portfolio management side Identifying tactics for broadening your knowledge and usefulness around compliance issues Understanding the value of taking ownership of commission arrangements and soft dollars Leveraging committees to further add value to your role within the firm Craig Jensen Principal, Co-Head of Trading, Armstrong Shaw Associates Craig Jensen is a Principal & Co- Head of Trading with Armstrong Shaw Associates Inc., located in New Canaan, Connecticut. In addition to overseeing the firms trading operations, he also concentrates on managing compliance, strategic development, and technology. Craig joined the firm as a senior trader in 1999 and became Co- Head of Trading in 2004. Prior to joining Armstrong Shaw, [read more] Gordon Gary Head Trader, Philadelphia International Advisors, LP Gordon Gary, Head Trader, has ten years of investment industry experience. Gordon is also a Partner of Philadelphia International Partners, the entity that, along with The Glenmede Trust Company, owns Philadelphia International Advisors, LP. Gordon oversees PIA’s 24-hour global trading desk. His team consists of two traders and one desk assistant who divide their market responsibilities by region. [read more] Tereck Fares Director of Trading, Chicago Equity Partners Tereck is a member of Chicago Equity Partners’ trading team. He has more than eighteen years of industry experience. Prior to joining the firm, he worked with the corporate finance group of Bank of America. He holds the Chartered Financial Analyst (CFA) designation, and is a member of the CFA Institute the CFA Society of Chicago, and the Security Traders Association of Chicago.

10:20 Buy Side Roundtable Discussion #1: Trends in High Touch, Low Touch and Block Trading Touch, Low Touch And Block Trading Alan Polo, Managing Director, Sales and Trading, ITG Brian Suth, Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Charles Hartel, Director of Product Management, Direct Markets, Inc. George Rodriguez, Managing Director, Sales and Trading , ITG Jamie Bogen, Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz, CEO, Direct Markets, Inc. Rich Steiner, Head of Market Structure Strategy, RBC Capital Markets Rob Shapiro, Global Head of Trading and Execution Consulting, Bloomberg Tradebook Trends In High Touch, Low Touch And Block Trading Alan Polo Managing Director, Sales and Trading, ITG Brian Suth Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Brian Suth is Managing Director and Co-Head of Global Electronic Sales and Trading at RBC Capital Markets. Brian joined RBC in September 2009 as Managing Director and Head of U.S. Electronic Sales. He has over 14 years of electronic sales and technology experience and previously spent four years as a senior salesperson on the Global Electronic Sales Desk at Merrill Lynch. Prior to Merrill Lynch, B [read more] Charles Hartel Director of Product Management, Direct Markets, Inc. George Rodriguez Managing Director, Sales and Trading , ITG Jamie Bogen Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz CEO, Direct Markets, Inc. Kevin joins DirectMarkets as an industry veteran at bringing innovative and disruptive technologies to the financial services marketplace. Prior to DirectMarkets, Kevin was a founding employee at Liquidnet and served as the Global Head of Technology and Chief Information Officer. He helped the firm grow from its launch in a single market (US) with 37 members, to operating in 39 markets globally wi [read more] Rich Steiner Head of Market Structure Strategy, RBC Capital Markets Rich Steiner is Head of Market Structure Strategy. Rich joined RBC in July 2009 and was one of the key founding members of RBCs THOR. Rich was previously the Head of Product Development at BNP Paribas and prior to that was a Program Trader at ITG. Rich is member of the NYSE Market Structure Advisory Committee. Rob Shapiro Global Head of Trading and Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting.  Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization, including trading technology, trade analytics, execution strategy, and performance measurement. Rob join [read more]

10:50 Morning Refreshment & Networking Break Hosted By Tethys Technology Morning Refreshment & Networking Break

11:10 Buy Side Roundtable Discussion #2: Market Structure And Its Impact On Your Desk Alan Polo, Managing Director, Sales and Trading, ITG Brian Suth, Co-Head of Global Electronic Sales & Trading, RBC Capital Markets George Rodriguez, Managing Director, Sales and Trading , ITG Jamie Bogen, Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz, CEO, Direct Markets, Inc. Rich Steiner, Head of Market Structure Strategy, RBC Capital Markets Rob Shapiro, Global Head of Trading and Execution Consulting, Bloomberg Tradebook Buy Side Roundtable Discussion #2: Market Structure And Its Impact On Your Desk Alan Polo Managing Director, Sales and Trading, ITG Brian Suth Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Brian Suth is Managing Director and Co-Head of Global Electronic Sales and Trading at RBC Capital Markets. Brian joined RBC in September 2009 as Managing Director and Head of U.S. Electronic Sales. He has over 14 years of electronic sales and technology experience and previously spent four years as a senior salesperson on the Global Electronic Sales Desk at Merrill Lynch. Prior to Merrill Lynch, B [read more] George Rodriguez Managing Director, Sales and Trading , ITG Jamie Bogen Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz CEO, Direct Markets, Inc. Kevin joins DirectMarkets as an industry veteran at bringing innovative and disruptive technologies to the financial services marketplace. Prior to DirectMarkets, Kevin was a founding employee at Liquidnet and served as the Global Head of Technology and Chief Information Officer. He helped the firm grow from its launch in a single market (US) with 37 members, to operating in 39 markets globally wi [read more] Rich Steiner Head of Market Structure Strategy, RBC Capital Markets Rich Steiner is Head of Market Structure Strategy. Rich joined RBC in July 2009 and was one of the key founding members of RBCs THOR. Rich was previously the Head of Product Development at BNP Paribas and prior to that was a Program Trader at ITG. Rich is member of the NYSE Market Structure Advisory Committee. Rob Shapiro Global Head of Trading and Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting.  Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization, including trading technology, trade analytics, execution strategy, and performance measurement. Rob join [read more]

11:40 Buy Side Roundtable Discussion #3: Order Routing Transparency: How Is Your Order Being Represented In The Market? Alan Polo, Managing Director, Sales and Trading, ITG Brian Suth, Co-Head of Global Electronic Sales & Trading, RBC Capital Markets George Rodriguez, Managing Director, Sales and Trading , ITG Jamie Bogen, Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz, CEO, Direct Markets, Inc. Rich Steiner, Head of Market Structure Strategy, RBC Capital Markets Rob Shapiro, Global Head of Trading and Execution Consulting, Bloomberg Tradebook Order Routing Transparency: How Is Your Order Being Represented In The Market? Alan Polo Managing Director, Sales and Trading, ITG Brian Suth Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Brian Suth is Managing Director and Co-Head of Global Electronic Sales and Trading at RBC Capital Markets. Brian joined RBC in September 2009 as Managing Director and Head of U.S. Electronic Sales. He has over 14 years of electronic sales and technology experience and previously spent four years as a senior salesperson on the Global Electronic Sales Desk at Merrill Lynch. Prior to Merrill Lynch, B [read more] George Rodriguez Managing Director, Sales and Trading , ITG Jamie Bogen Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz CEO, Direct Markets, Inc. Kevin joins DirectMarkets as an industry veteran at bringing innovative and disruptive technologies to the financial services marketplace. Prior to DirectMarkets, Kevin was a founding employee at Liquidnet and served as the Global Head of Technology and Chief Information Officer. He helped the firm grow from its launch in a single market (US) with 37 members, to operating in 39 markets globally wi [read more] Rich Steiner Head of Market Structure Strategy, RBC Capital Markets Rich Steiner is Head of Market Structure Strategy. Rich joined RBC in July 2009 and was one of the key founding members of RBCs THOR. Rich was previously the Head of Product Development at BNP Paribas and prior to that was a Program Trader at ITG. Rich is member of the NYSE Market Structure Advisory Committee. Rob Shapiro Global Head of Trading and Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting.  Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization, including trading technology, trade analytics, execution strategy, and performance measurement. Rob join [read more]

12:10 Lunch Lunch

1:15 Buy Side Roundtable Discussion #4: Latest Developments In TCA And Other Analytics Developments In TCA And Other Analytics Alan Polo, Managing Director, Sales and Trading, ITG Brian Suth, Co-Head of Global Electronic Sales & Trading, RBC Capital Markets George Rodriguez, Managing Director, Sales and Trading , ITG Jamie Bogen, Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz, CEO, Direct Markets, Inc. Rich Steiner, Head of Market Structure Strategy, RBC Capital Markets Rob Shapiro, Global Head of Trading and Execution Consulting, Bloomberg Tradebook Buy Side Roundtable Discussion #4: Latest Developments In TCA And Other Analytics Alan Polo Managing Director, Sales and Trading, ITG Brian Suth Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Brian Suth is Managing Director and Co-Head of Global Electronic Sales and Trading at RBC Capital Markets. Brian joined RBC in September 2009 as Managing Director and Head of U.S. Electronic Sales. He has over 14 years of electronic sales and technology experience and previously spent four years as a senior salesperson on the Global Electronic Sales Desk at Merrill Lynch. Prior to Merrill Lynch, B [read more] George Rodriguez Managing Director, Sales and Trading , ITG Jamie Bogen Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz CEO, Direct Markets, Inc. Kevin joins DirectMarkets as an industry veteran at bringing innovative and disruptive technologies to the financial services marketplace. Prior to DirectMarkets, Kevin was a founding employee at Liquidnet and served as the Global Head of Technology and Chief Information Officer. He helped the firm grow from its launch in a single market (US) with 37 members, to operating in 39 markets globally wi [read more] Rich Steiner Head of Market Structure Strategy, RBC Capital Markets Rich Steiner is Head of Market Structure Strategy. Rich joined RBC in July 2009 and was one of the key founding members of RBCs THOR. Rich was previously the Head of Product Development at BNP Paribas and prior to that was a Program Trader at ITG. Rich is member of the NYSE Market Structure Advisory Committee. Rob Shapiro Global Head of Trading and Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting.  Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization, including trading technology, trade analytics, execution strategy, and performance measurement. Rob join [read more]

1:45 Buy Side Roundtable Discussion #5: Aligning Algos With Trading Strategies With Trading Strategies Alan Polo, Managing Director, Sales and Trading, ITG Brian Suth, Co-Head of Global Electronic Sales & Trading, RBC Capital Markets George Rodriguez, Managing Director, Sales and Trading , ITG Jamie Bogen, Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz, CEO, Direct Markets, Inc. Rich Steiner, Head of Market Structure Strategy, RBC Capital Markets Rob Shapiro, Global Head of Trading and Execution Consulting, Bloomberg Tradebook Buy Side Roundtable Discussion #5: Aligning Algos With Trading Strategies Alan Polo Managing Director, Sales and Trading, ITG Brian Suth Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Brian Suth is Managing Director and Co-Head of Global Electronic Sales and Trading at RBC Capital Markets. Brian joined RBC in September 2009 as Managing Director and Head of U.S. Electronic Sales. He has over 14 years of electronic sales and technology experience and previously spent four years as a senior salesperson on the Global Electronic Sales Desk at Merrill Lynch. Prior to Merrill Lynch, B [read more] George Rodriguez Managing Director, Sales and Trading , ITG Jamie Bogen Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz CEO, Direct Markets, Inc. Kevin joins DirectMarkets as an industry veteran at bringing innovative and disruptive technologies to the financial services marketplace. Prior to DirectMarkets, Kevin was a founding employee at Liquidnet and served as the Global Head of Technology and Chief Information Officer. He helped the firm grow from its launch in a single market (US) with 37 members, to operating in 39 markets globally wi [read more] Rich Steiner Head of Market Structure Strategy, RBC Capital Markets Rich Steiner is Head of Market Structure Strategy. Rich joined RBC in July 2009 and was one of the key founding members of RBCs THOR. Rich was previously the Head of Product Development at BNP Paribas and prior to that was a Program Trader at ITG. Rich is member of the NYSE Market Structure Advisory Committee. Rob Shapiro Global Head of Trading and Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting.  Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization, including trading technology, trade analytics, execution strategy, and performance measurement. Rob join [read more]

2:15 Afternoon Refreshment & Networking Break Hosted by Tethys Technology Afternoon Refreshment & Networking Break

2:40 Buy Side Benchmarking Session Via Anonymous Real Time Polling “TradeTech was a terrific event. I especially loved the live anonymous polling through remote controls at every seat; it’s a game changer for audience members that may not have raised their hands prior, and allows a moderator to address the topics of most interest. The results are more accurate this way and it was great to see immediately what my peers were really seeing, thinking, and doing in the field.”– Dmitry Koltunov, Senior Vice President, Highbridge Capital Management

3:00 Buy Side Roundtable Discussion #6: The Impact of High Frequency Trading on the Buy Side Touch, Low Touch And Block Trading Alan Polo, Managing Director, Sales and Trading, ITG Brian Suth, Co-Head of Global Electronic Sales & Trading, RBC Capital Markets George Rodriguez, Managing Director, Sales and Trading , ITG Jamie Bogen, Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz, CEO, Direct Markets, Inc. Rich Steiner, Head of Market Structure Strategy, RBC Capital Markets Rob Shapiro, Global Head of Trading and Execution Consulting, Bloomberg Tradebook Buy Side Roundtable Discussion #6: The Impact of High Frequency Trading on the Buy Side Alan Polo Managing Director, Sales and Trading, ITG Brian Suth Co-Head of Global Electronic Sales & Trading, RBC Capital Markets Brian Suth is Managing Director and Co-Head of Global Electronic Sales and Trading at RBC Capital Markets. Brian joined RBC in September 2009 as Managing Director and Head of U.S. Electronic Sales. He has over 14 years of electronic sales and technology experience and previously spent four years as a senior salesperson on the Global Electronic Sales Desk at Merrill Lynch. Prior to Merrill Lynch, B [read more] George Rodriguez Managing Director, Sales and Trading , ITG Jamie Bogen Director, Investment Advisor Sales, North America, Bloomberg Tradebook Kevin Lupowitz CEO, Direct Markets, Inc. Kevin joins DirectMarkets as an industry veteran at bringing innovative and disruptive technologies to the financial services marketplace. Prior to DirectMarkets, Kevin was a founding employee at Liquidnet and served as the Global Head of Technology and Chief Information Officer. He helped the firm grow from its launch in a single market (US) with 37 members, to operating in 39 markets globally wi [read more] Rich Steiner Head of Market Structure Strategy, RBC Capital Markets Rich Steiner is Head of Market Structure Strategy. Rich joined RBC in July 2009 and was one of the key founding members of RBCs THOR. Rich was previously the Head of Product Development at BNP Paribas and prior to that was a Program Trader at ITG. Rich is member of the NYSE Market Structure Advisory Committee. Rob Shapiro Global Head of Trading and Execution Consulting, Bloomberg Tradebook Robert Shapiro joined Bloomberg Tradebook in 2010 as the Global Head of Trading and Execution Consulting.  Prior to joining Bloomberg Tradebook, Rob was COO of global trading for Morgan Stanley Investment Management (2007–2010) where he was responsible for factors related to trade optimization, including trading technology, trade analytics, execution strategy, and performance measurement. Rob join [read more]

3:30 Panel: Leveraging Commission-Paid Brokerages To Improve Corporate Access And Best Execution Improve Corporate Access And Best Execution Christopher Willox, Director of Trading, Fenimore Asset Management Edward Doyle, Senior Equity Trader, Pioneer Investments John P. Nuzzo, Vice President, Head Trader, Anchor Capital Advisors LLC How are you paying your bills? It feels like we’re going through another round of consolidation on the sell side. How are your relationships? Are you cutting back on the number of commission paid relationships? Whether you're a corporate access shop or you pay for research, you need to leverage your commission paid brokers. Getting your trading desk on the same page as your portfolio managers Identifying best practices for ranking brokers and ensuring they are properly compensated The Million Dollar Question: Determining the proper amount to pay your broker partners Christopher Willox Director of Trading, Fenimore Asset Management Christopher Willox is the Director of Trading at Fenimore Asset Management, a value-oriented equity manager with $1.5 billion in assets under management. He handles all the trading for the two mutual funds, FAM Value and FAM Equity Income as well as the 500+ client accounts. For the past 14 years, while at Fenimore, Christopher has overseen the transition of the trading desk there from a tradition [read more] Edward Doyle Senior Equity Trader, Pioneer Investments Edward Doyle is a senior equity trader at Pioneer Investments in Boston. Ed has been involved in equity trading since 1993, when he took a job at the Boston Stock Exchange in compliance. Shortly thereafter, he joined Pershing Trading Co. at the BSE and was promoted to specialist, where he made markets from 1996 until 2005. After a one-year stint as a sales trader, Ed joined Pioneer Investments in [read more] John P. Nuzzo Vice President, Head Trader, Anchor Capital Advisors LLC

4:05 Chairperson’s Closing Remarks Chairperson’s Closing Remarks

4:10 Conclusion Of Buy Side-Only Trading Summit Conclusion Of Buy Side-Only Trading Summit

4:10 - 6:00 Goldman Sachs - TradeTech 2012 Kickoff Cocktail Reception - All TradeTech Particpants Invited Why Wait to Start Networking? Goldman Sachs would like to invite all TradeTech participants to the 2012 Kickoff Reception! Don’t miss the best opportunity to catch up with your clients, fellow buy side traders and technology firms. Everyone knows that some of the most valuable conversations happen away from the mics at TradeTech’s networking events. This is the last chance you will have to meet everyone before the sessions begin on Wednesday. Take a moment now to mark it off in your calendar so you don’t miss out!

5:45 - 8:00 The Official TradeTech & DirectMarkets Launch Party AN EVENING OF MAGIC The Official TradeTech & DirectMarkets Launch Party Join DirectMarkets CEO Kevin Lupowitz for the unveiling of the world’s first automated electronic platform directly linking issuers and investors. FEATURING A SPECIAL PERFORMANCE BY MASTER ILLUSIONIST DAVID BLAINE Food, Cocktails & a Macallan Tasting Bar ESPACE Lounge 635 West 42nd Street New York City Beginning at 5:45 directly following the conclusion of TradeTech Tuesday March 6th