Golden
Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com),
World’s Most Influential Alternative Investments Conference Series,
including High Frequency Trading Leaders Forum 2013, "Strategic
and Tactical Insights for Investors, Speed Traders, Brokers and
Exchanges," New York City, London, Chicago, Singapore and
Frankfurt (www.High-Frequency-Trading-Conference.com).
New
York City, NY, USA (July 18, 2013) -- Shell-shocked from the
worst financial crisis since the Great Depression, retail investors
have been welcomed to the post-2008 world by a string of structural
hiccups that has further eroded confidence in the safety and
soundness of the increasingly-complex capital markets. According to
FOX Business, with the Flash Crash and the Facebook fiasco still
within view, the latest challenge to investor confidence came last
August in the form of a software glitch at Knight Capital Group that
caused the market maker to take a stunning pretax loss of $461
million and launch a frantic search for a lifeline. The aftermath has
investing professionals concerned about the ongoing retreat of retail
investors and grasping for potential solutions to restore confidence
in the system.
"We've
seen enough of these computer mistakes since the Flash Crash that it
makes you wonder the impact of computer trading on the market,"
Robert Steven Kaplan, a professor at Harvard and former vice chairman
at Goldman Sachs (GS), said. Darrell Duffie, a finance professor at
Stanford, also said the Knight Capital incident could "raise
concerns that the May 6 Flash Crash risks still exist."
If
nothing else, the Knight Capital trading glitch underscores the
complexity of today's capital markets, which have become increasingly
dominated by complicated trading algorithms. "Consumers don't
understand markets any longer so they increasingly distrust our stock
markets and are withdrawing," David Weild, a senior advisor at
Grant Thornton and former vice chairman at the Nasdaq Stock Market,
wrote. "Deregulation stimulated competition but in extremis: The
computer arms race that ensued, enabled by the SEC, has introduced a
level of complexity and behaviors that is undermining investor
confidence."
Lessons
to be learned from Flash Crash, BATS, NASDAQ and Knight Capital
incidents are at the heart of the keynote speech Edgar Perez, author
of The Speed Traders and the forthcoming Knightmare on Wall Street,
will give to attendees at High Frequency Trading Leaders Forum 2013
New York City (http://www.HFTLeadersForum.com),
July 30th, part of Tech2Trade Expo 2013 New York City
(http://www.Tech2TradeExpo.com).
Perez
is widely regarded as the preeminent global expert in the specialized
area of high-frequency trading. He is author of The Speed Traders, An
Insider's Look at the New High-Frequency Trading Phenomenon That is
Transforming the Investing World, published in English by McGraw-Hill
Inc. (2011), published in Mandarin by China Financial Publishing
House (2012), and Investasi Super Kilat: Pandangan Orang dalam
tentang Fenomena Baru Frekuensi Tinggi yang Mentransformasi Dunia
Investasi, published in Bahasa Indonesia by Kompas Gramedia (2012).
Perez
is course director of The Speed Traders Workshop 2012, How High
Frequency Traders Leverage Profitable Strategies to Find Alpha in
Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala
Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai) and was
Adjunct Professor at the Polytechnic Institute of New York
University, where he taught Algorithmic Trading and High-Frequency
Finance. He contributes to The New York Times and China’s
International Finance News and Sina Finance.
Perez
has been interviewed on CNBC Cash Flow, CNBC Squawk Box, BNN Business
Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media,
Channel NewsAsia Business Tonight and Cents & Sensibilities. In
addition, Perez has been globally featured on FXFactor, Columbia
Business, OpenMarkets, Sohu, News.Sina.com, Yicai, eastmoney,
Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures,
Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily,
Xinhua, CBN Newswire, Chinese Financial News, ifeng.com,
International Finance News, hexun.com, Finance.QQ.com,
Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The
Malaysian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge
Fund Brief, The Wall Street Journal, The New York Times, Dallas
Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online,
Oriental Daily News and Business Times.
Perez
has been engaged to present at the Council on Foreign Relations,
Vadym Hetman Kyiv National Economic University (Kiev), Quant
Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and
Exchange Commission (Washington DC), CFA Singapore, Hong Kong
Securities Institute, Courant Institute of Mathematical Sciences at
New York University, University of International Business and
Economics (Beijing), Hult International Business School (London and
Shanghai) and Pace University (New York), among other public and
private institutions. In addition, Perez has spoken at a number of
global conferences, including Emerging Markets Investments Summit
2013 (Warsaw), CME Group's Global Financial Leadership Conference
2012 (Naples Beach), Harvard Business School’s Venture Capital &
Private Equity Conference (Boston), High-Frequency Trading Leaders
Forum (New York, Chicago, London), MIT Sloan Investment Management
Conference (Cambridge), Institutional Investor’s Global Growth
Markets Forum (London), Technical Analysis Society (Singapore),
TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private
Equity Convention Russia, CIS & Eurasia (London).
Perez
was a vice president at Citigroup, a senior consultant at IBM, and a
strategy consultant at McKinsey & Co. in New York City. Perez has
an undergraduate degree from Universidad Nacional de Ingeniería,
Lima, Peru (1994), a Master of Administration from Universidad ESAN,
Lima, Peru (1997) and a Master of Business Administration from
Columbia Business School, New York, with a dual major in Finance and
Management (2002). He belongs to the Beta Gamma Sigma honor society.
Perez resides in the New York City area and is an accomplished salsa
and hustle dancer.
Golden
Networking's High Frequency Trading Leaders Forum 2013 will examine
the speed trading industry from various angles, in an opened and
unbiased environment highly conducive to networking. Topics to be
discussed at High Frequency Trading Leaders Forum 2013 will include:
-
Low Latency: How can Ultra-Low Latency be Achieved for High-Frequency
Trading?
-
Emerging Markets: How will Emerging Markets from Brazil to China
Affect the Scope of High-frequency Trading?
-
Robotic Markets: As High-frequency Trading Embraces Robotic Markets
Worldwide, How Will Participants be Able to Find new Opportunities to
Sustain Alpha Creation?
-
Regulatory Impact: With High-frequency Trading in the Spotlight, how
will New Regulations Change the Industry?
-
The Future of HFT: How will High-frequency Trading Evolve in
Ever-changing Technology and Regulatory Environments?
Tech2Trade
Expo 2013, to be held in New York City, London, Chicago, Singapore
and Frankfurt, is the world's most influential alternative
investments forum for the hedge fund, high-frequency trading and
derivatives communities. With dozens of practitioners, experts and
regulators speaking in our programs, Tech2Trade Expo 2013 provides
hundreds of investors, traders and portfolio managers with the key
lessons, proven recipes and penetrating insights they are looking for
to capture alpha in up and down markets.
High
Frequency Trading Leaders Forum 2013 is produced by Golden Networking
(http://www.goldennetworking.net),
the premier networking community for business executives,
entrepreneurs and investors. Panelists, speakers and sponsors are
invited to download our Information Package or contact Golden
Networking directly by calling +1-414-FORUMS0 or sending an email to
information@goldennetworking.net.
Media
Contact:
Julia
Petrova
Media
Relations Coordinator
Golden
Networking
+1-414-FORUMS0
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