Robots Protecting the Market From Robots at Golden Networking's Influential High-Frequency Trading Conference
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.
- New York, NY (1888PressRelease) September 29, 2012 - The electronic markets keep getting their wires crossed-and investors are tired of getting shocked. What can be done to ensure a well-functioning market? 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 discuss the alternatives, this time in three of the world's most important financial centers: Chicago and London.
As reflected by The Wall Street Journal's Jason Zweig, exactly what caused these high-speed meltdowns still isn't clear-largely because computerized trading has raced past anyone's ability to monitor and control it. "Until we have the ability to understand these problems both retrospectively and proactively, they're going to continue to happen," warns David Leinweber, a computer scientist and former investment manager who runs the Center for Innovative Financial Technology at Lawrence Berkeley National Laboratory in Berkeley, Calif.
Mr. Leinweber adds that while air-traffic controllers continuously track flights to keep the skies safe and weather experts watch hurricanes long before they make landfall, the financial markets have grown too dispersed and complex for humans to monitor.
Ten or 15 years ago, most U.S. stocks changed hands on either the New York Stock Exchange or the Nasdaq market. Today, stocks fly across dozens of different exchanges and alternative trading facilities. A trade can be executed in less than 200 millionths of a second-about 1,500 times faster than you can blink your eye. During Facebook's first day of trading, more than 570 million shares turned over-or 10% more than the average daily volume of all NYSE stocks combined in 1997.
All this activity has dramatically lowered the overall cost of trading. It has also generated a chaotic ocean of data in which it can be tough to tell who traded what, when or where. How to make sense of this data deluge? 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.
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