Golden
Networking hosts the World's Most Influential High-Frequency Trading
Conference Series, High Frequency Trading Leaders Forum 2013 London
"Strategic and Tactical Insights for Investors, Speed Traders,
Brokers and Exchanges", March 21
(www.High-Frequency-Trading-Conference.com).
New
York City, NY, USA (March 19, 2013) -- Mr. Edgar Perez, author of
The Speed Traders and the forthcoming Knightmare on Wall Street, and
keynote speaker at Golden Networking's High-Frequency Trading Leaders
Forum 2013 London, "Strategic and Tactical Insights for
Investors, Speed Traders, Brokers and Exchanges", March 21,
warned of an impending correction in the US equities markets coming
as early as in the second quarter. The full article can be read at
his blog, http://www.TheSpeedTraders.com,
though this link:
http://thespeedtraders.wordpress.com/2013/03/17/the-correction-in-the-us-equities-markets-nobody-wants-to-talk-about-edgar-perez-hft-speaker.
Mr.
Perez attributed the recent Dow Jones Industrial Average's (DJIA)
longest winning streak since 1996 to very good corporate earnings and
monetary policy that pushes investors to take risks in equities. So
he asked himself if the earnings momentum is sustainable.
"Unfortunately, savings from the smaller share of the pie from
labor, government spending and earnings coming from emerging markets
(EM) outside the US are all factors that will be curtailed at some
moment. Is the Fed eager to continue being the huge player in this
equation? Some of its members are increasingly worried about the
effectiveness of the continued QE; if the labor market recovers, as
the January numbers showed, the Fed most probably might be ending its
bond purchases soon."
"What
the equity markets want indeed is stable and/or predictably
increasing US profits and the Fed to stay in the bond markets.
Somebody has ironically suggested that markets' best hope might be a
cut in government spending deep enough to kill job growth and
indefinitely extend QE, something that nobody else would agree with.
Instead, markets would be happy with a bit of positive news today
followed by another bit of negative news tomorrow. Unfortunately for
the markets, profits will start showing stagnation starting with
first quarter results. Federal Reserve said in September 2012, when
QE3 was announced, that it would start pumping $40 billion a month to
purchase agency mortgage-backed securities (MBS) until the labor
market improves substantially. When will the Fed determine that the
job market has made enough progress to reduce stimulus? The numbers
for February will prove paramount in this regard. As these two
important factors converge in a nightmarish scenario, equities
markets should beware of the ensuing correction, coming as early as
in the second quarter."
Mr.
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, Mr. Perez has been featured on 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.
Mr.
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).
Mr.
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.
Mr.
Perez has been engaged to present to the 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 (Shanghai) and Pace University (New
York), among other public and private institutions. In addition, Mr.
Perez has spoken at a number of global conferences, including CME
Group's Global Financial Leadership Conference 2012 (Naples Beach,
FL), Harvard Business School’s Venture Capital & Private Equity
Conference (Boston), High-Frequency Trading Leaders Forum (New York,
Chicago), 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).
Mr.
Perez was a vice president at Citigroup, a senior consultant at IBM,
and a strategy consultant at McKinsey & Co. in New York City. Mr.
Perez has an undergraduate degree from Universidad Nacional de
IngenierÃa, 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. Mr. Perez resides in the New York City area and
is an accomplished salsa and hustle dancer.
High-Frequency
Trading Leaders Forum 2013, "Strategic and Tactical Insights for
Investors, Speed Traders, Brokers and Exchanges"
(http://www.HFT-Leaders-Forum.com)
will bring insights for investors and speed traders who need to
protect and refine their competitive advantage in a world dominated
by algorithmic and high-frequency trading. Recognized practitioners,
regulators, experts, and strategists will return to High-Frequency
Trading Leaders Forum 2013 to provide attendees with the information
they are looking for in an open and unbiased environment, highly
conducive to the most efficient and effective networking.
Media
Contact:
Julia
Petrova
Media
Relations Coordinator
Golden
Networking
+1-414-FORUMS0
