Edgar
Perez, former McKinsey and IBM consultant, is a global expert, author
of The Speed Traders, Knightmare on Wall Street, and the course
director of The Speed Traders Workshop, "How Banks, Hedge and
Mutual Funds and Brokers Battle Markets 'RIGGED' by Wall Street's
'Flash Boys', High-frequency Trading, Exchanges and Dark Pools",
in New York City, Washington DC, Boston, Munich, London, Dubai,
Brussels, Tokyo, Beijing and Shanghai.
New
York, NY, USA (April 18, 2014) -- Global scrutiny of
high-frequency trading and whether it gives some investors unfair
advantage has intensified amid government probes and the March 31,
2014 publication of "Flash Boys" by Michael Lewis. While
those examinations have focused mostly on U.S. equity markets, such
as dark pools run by banks and broker-dealers and exchanges owned by
companies including Nasdaq OMX, IntercontinentalExchange Group's NYSE
Euronext and Bats Global Markets, high-frequency traders are active
internationally in futures, FX and fixed income markets, as they also
run multi-asset strategies.
High-frequency
traders have been called many things, from emerging masters of the
universe and market pioneers to exploiters, computer geeks, and even
predators and thieves. Everyone in the business of investing has an
opinion of speed traders, but how many really understand how they
operate? The shadow people of the investing world, today's
high-frequency traders have decidedly kept a low profile, until now.
The
Speed Traders Workshop, "How Banks, Hedge and Mutual Funds and
Brokers Battle Markets 'RIGGED' by Wall Street's 'Flash Boys',
High-frequency Trading, Exchanges and Dark Pools"
(http://www.thespeedtradersworkshop.com),
is the first and most comprehensive initiation to the world of
high-frequency trading., opens the door to the secretive world of
computerized low-latency trading, the most controversial form of
investing today; in the name of protecting the algorithms they have
spent so much time perfecting, speed traders almost never talk to the
press and try to disclose as little as possible about how they
operate.
The
Speed Traders Workshop, to be held in New York City, Washington DC,
Boston, Munich, London, Dubai, Brussels, Tokyo, Beijing and Shanghai,
covers the latest research currently available and reveals how
high-frequency trading players are operating in global markets and
driving the development of electronic trading at breakneck speeds
from the U.S. and Europe to Japan, India, and Brazil. The "flash
crash", the suspended BATS IPO, the botched Facebook IPO, Knight
Capital's trading malfunction and NASDAQ's Flash Freeze are just a
few of the milestones in the history of high-frequency trading that
will be dissected with participants.
Knightmare
on Wall Street (http://www.knightmareonwallstreet.com),
the fascinating story of Knight Capital put together by course
director Edgar Perez, was the most favorably reviewed Kindle edition
book on Amazon in 2013, with an average rating of 5 out of five
stars. Knight Capital, founded by Kenneth Pasternak and Walter Raquet
in 1995, had seen its fortunes change as U.S. regulators made a
series of changes in the structure of financial markets and computers
were progressively expanding their share of trading. The Flash Crash,
the infamous 1,000 point drop of the DJIA on May 6, 2010 (the largest
one-day point decline in history), illustrated how market structure
problems could almost instantaneously cascade from one market
participant to the rest.
Mr.
Perez is widely regarded as the preeminent global expert and speaker
in the specialized areas of algorithmic and high-frequency trading.
He is also author of The Speed Traders, An Insider's Look at the New
High-Frequency Trading Phenomenon That is Transforming the Investing
World (http://www.thespeedtraders.com),
published in English, Chinese and Bahasa Indonesia. He contributes to
The New York Times, UltraHighFrequencyTrading.com and China's
International Finance News and Sina Finance.
Media
Contact:
Julia
Petrova
Media
Relations Coordinator
Knightmare
on Wall Street
+1-414-FORUMS0
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