From East and West, Speed Traders Rush to Golden Networking High-Frequency Trading Forum 2012 Chicago
Building off of the momentum of past conferences, Golden Networking brings back High Frequency Trading Leaders Forum 2012, "How Knight Capital's 'Knightmare on Wall Street' Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers", now in Chicago and London (http://www.High-Frequency-Trading-Conference.com).
- New York, NY (1888PressRelease) October 03, 2012 - The Facebook IPO gave many investors the same queasy feeling about U.S. markets that used to inspire June Cleaver's signature line, "Ward, I'm worried about the Beaver." The Beaver in this case is not a charmingly erratic teen, it's the collection of ever faster and more complex and interconnected systems and networks that collectively form our "new and improved" electronic securities markets. Alas, like the Beaver, they seem to be capable of impressively flakey behavior. Is this behavior sustainable? Answers are to be found at High Frequency Trading Leaders Forum 2012, ""How Knight Capital's 'Knightmare on Wall Street' Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers"", this time in three of the world's most important financial centers: Chicago and London.
As suggested by David Leinweber in Forbes, Facebook's IPO stumbled, but it did actually work as an IPO - it got cash to the firm and stock to the investors. That's far better than BATS' IPO in March, which was called off and did neither. Business Insider dubbed it "The Worst IPO Nightmare Of All Time." It was particularly embarrassing for BATS because it's a stock exchange and the company used its own platform for the aborted IPO. BATS did extensive testing, but we saw a mini meltdown just the same. U.S. market participants don't seem to have access to reliable simulations for these sorts of tests.
Leinweber remembers when he once visited the Nascar Hall of Fame in Daytona Beach, and was surprised to learn how restrictive the limits placed on cars had become to maintain safety. They basically said, "this fast is fast enough for the level of risk we accept." They have the ability to slow down for safety. This seems like a good idea, but it's not one found in our financial markets currently (though sudden circuit breaker stops are allowed.)
Nascar puts out a Yellow Flag when it gets too fast for safety. Can markets do the same thing? High Frequency Trading Leaders Forum 2012, How Knight Capital's 'Knightmare on Wall Street' Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers"", will provide attendees in Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.
With insightful keynote speeches and highly regarded panels, everybody involved in high-frequency trading will gain inside knowledge about the latest technologies that can drastically optimize HFT infrastructures and take a first look at upcoming regulations that could radically change the HFT firms' business model. Topics that will be discussed at High Frequency Trading Leaders Forum 2012 include the movement toward emerging markets, every time more attuned to the use of bots, the regulatory environment, how new technologies are changing the game, including FPGA applications, and a look at the upcoming regulatory changes that will definitely impact how speed traders capture alpha.
High Frequency Trading Leaders Forum 2012 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 sending an email to info ( @ ) goldennetworking dot net.
###
space
space