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 12, 2013) -- According to The New York
Times, the British government stood isolated last week on an
important European Union issue Tuesday after finance ministers from
elsewhere in the bloc rejected its effort to water down proposed
limits on bankers' bonuses.
The
ministers, taking up rules provisionally approved last week by
representatives of the European Parliament and member states, broadly
agreed on Tuesday to cap bonuses at no more than the annual salary
for bankers working in the 27-nation European Union and for those
working for European-based banks worldwide. The ministers left the
door open for further concessions that could permit some slightly
higher bonuses. The bonus caps, which are subject to formal approval
by a majority of member states, among other steps, are aimed at
reining in the risky, but potentially high-reward, behavior that
contributed to the financial crisis.
British
officials and bankers have warned that the limits could make it
harder to keep London, Europe's main financial hub, competitive with
financial centers like New York, Singapore and Hong Kong.
"This
government needs to take a crash course in finding friends and
influencing E.U. partners," said Arlene McCarthy, a member of
Britain's Labour Party in the European Parliament, senior member of
the chamber's Economic and Monetary Affairs Committee and speaker at
the most influential high-frequency trading conference in the world,
Golden Networking's High Frequency Trading Leaders Forum 2013
(http://www.HFT-Leaders-Forum.com)
"Strategic and Tactical Insights for Investors, Speed Traders,
Brokers and Exchanges," London, March 21. Ms. McCarthy said she
supported the caps as the only way to rein in bankers. But she
complained that the Cameron government had failed to win more
favorable terms for the City "because of a kind of arrogance"
toward its partners in the European Union.
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.
Topics
that will be discussed at High-Frequency Trading Leaders Forum 2013
include the movement toward emerging markets, which is increasingly
attuned to the use of bots, and the regulatory environment,
specifically how new technologies are changing the game, including a
look at the upcoming regulatory changes that undoubtedly will be
precipitated by Knight Capital's trading glitch.
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 contact Golden Networking by calling +1-414-FORUMS0 or
sending an email to info@goldennetworking.net.
Media
Contact:
Julia
Petrova
Media
Relations Coordinator
Golden
Networking
+1-414-FORUMS0
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