Asia Program
* Program subject to change
Wednesday, December 2, 2009
9:00 AMInternational Regulators Meeting (invitation only)
 Senator Room
12:00 PMExhibition and Registration Opens
 

John Jacob Ballroom II & Foyer

1:30 PM
Welcome Remarks

Speaker:
Nick Forgan, Chairman, FIA Asia & Managing Director, Futures and Options, J.P. Morgan Singapore

 John Jacob Ballroom I
1:45 PM
Asia Update

Chair:
Nick Ronalds, Executive Director, FIA Asia

Speakers:
Vineet Bhatnagar, Chief Executive Officer & Managing Director, MF Global India
Toby Lawson, Managing Director & Head of Financial Futures and Options and FX, Asia Pacific, Newedge Financial
Julien Le Noble, Chief Executive Officer, Newedge Japan
Ernest Po, Vice President, Derivatives Market, Hong Kong Exchanges & Clearing Limited
Su Ying, Secretary General, Beijing Futures Association

 

John Jacob Ballroom I

Find out more about the latest developments in our country-by-country tour of Asia markets.

3:00 PMNetworking Break
 John Jacob Ballroom II
3:30 PM
The Outlook for Asia Markets

Chair:
Nick Forgan, Managing Director, Futures & Options, J.P. Morgan Securities Singapore

Speakers:
Gan Seow Ann, Senior Executive Vice President & Head of Markets, Singapore Exchange
Venkat Chary, Chairman, Multi Commodity Exchange of India
Masayuki Nakajima, Executive Officer & Director, Marketing Department, Tokyo Financial Exchange
Ramamurthy Sundararaman, Senior Vice President, National Stock Exchange of India
Calvin Tai, Head of Derivatives Market Department, Hong Kong Exchanges and Clearing

 

John Jacob Ballroom I

Our panel of exchange leaders will discuss their views on the opportunities and potential threats to the growth of Asian markets and provide a status report on their own exchange initiatives. Hear their perspectives on key issues such as remote access, high frequency trading, customer behavior and regulatory changes.

5:30 PMOpening Reception sponsored by CME Group
 

Poolside Terrace

Don't miss this opportunity to network with your colleagues from around the globe. Join the CME Group and FIA Asia Derivatives guests for drinks and hors d'oeuvres to celebrate the FIA Asia Derivatives Conference 2009. The cocktail reception is a perfect way to start the conference, as you mingle and network with fellow conference delegates, including senior industry professionals, regulators, and members of the media.

7:00 PMExchange Leaders and Regulators Dinner (invitation only)
 

Off Property

Thursday, December 3, 2009
8:00 AMRegistration Opens
 John Jacob Ballroom Foyer
 Arrival Break sponsored by MF Global
 

John Jacob Ballroom Foyer

Enjoy Singapore's finest coffees and teas, along with cold beverages and other refreshments while networking with your colleagues. Brought to you courtesy of MF Global and served in John Jacob Ballroom Foyer.

9:00 AMExhibition Opens
 John Jacob Ballroom II
 
Opening Ceremony and MAS Welcome Address

Speaker:
Kola Luu, Executive Director, Financial Markets Strategy Department, Monetary Authority of Singapore

 

John Jacob Ballroom I

The 5th Annual FIA Asia Derivatives Conference will officially open with a traditional Chinese lion dance.

9:30 AM
SGX Keynote Address

Speaker:
Magnus Böcker, Chief Executive Officer Designate, Singapore Exchange

 John Jacob Ballroom I
10:00 AMNetworking Break sponsored by MF Global
 

John Jacob Ballroom II

Enjoy Singapore's finest coffees and teas, along with cold beverages and other refreshments while networking with your colleagues. Brought to you courtesy of MF Global and served in John Jacob Ballroom II.

10:30 AM
Doing Business in Singapore

Chair:
Paul Davies, Managing Director, Futures Services, Goldman Sachs

Speakers:
Rodney Banus, Director, Barclays Capital Futures Singapore
Sutat Chew, Executive Vice President, Singapore Exchange
James de Castro, Founding Principal, Asia Alternative Asset Management
Lim Hua Min, Executive Chairman, Phillip Capital

 

John Jacob Ballroom I

Why has Singapore become the Asia headquarters for trading and brokerage firms? What are the lessons for the rest of Asia?

11:30 AM
East Meets West

Chair:
Frederick Grede, Chairman, Vega Financial Engineering

Speakers:
Michael Donahue, Managing Director, TransMarket Group
Chong Kim Seng, Global Head of Derivatives, Bursa Malaysia
Udayan Goyal, Managing Director, FT Advisors
Foo-Shiung Ho, Chairman, Yuanta Futures
Kesara Manchusree, Managing Director, Thailand Futures Exchange
Robert Ray, Managing Director, International Commodity & Equity Products, CME Group
Roland Schwinn, Executive Director & Head of Business Development Asia & Middle East, Eurex

 

John Jacob Ballroom I

This session will cover the impact of the financial meltdown on Asia and give an overview of the Asia landscape, including initiatives of U.S. and European exchanges/firms to access Asia markets. What can Asia do to make its markets more attractive to global players?

12:30 PMNetworking Lunch
 John Jacob Ballroom II
2:00 PM
ETD vs. OTC

Chair,
Robert Urtheil, Partner, Corporate & Institutional Banking, Oliver Wyman

Speakers:
Jennifer Ilkiw, Director, Asia Pacific, IntercontinentalExchange
Ananda Radhakrishnan, Director of Clearing and Intermediary Oversight, Commodity Futures Trading Commission
Muthukrishnan Ramaswami, Senior Executive Vice President & Chief Operations Officer, Singapore Exchange
Brad Ridge, Director, Product Development Asia Pacific, ICAP
Derek Sammann, Managing Director, Financial Products & Services, CME Group

 

John Jacob Ballroom I

The move from over-the-counter markets to the safety of clearing organizations is underway around the world. What impact does this have on established clearinghouses? Which characteristics of OTC products are transferrable to listed markets and which are not? How has the demand for more transparency, the discussion of what can be standardized and what cannot, and the debate over whether OTC products should be executed on exchanges played out in different jurisdictions?

3:15 PMNetworking Break sponsored by MF Global
 

John Jacob Ballroom II

Enjoy Singapore's finest coffees and teas, along with cold beverages and other refreshments while networking with your colleagues. Brought to you courtesy of MF Global and served in John Jacob Ballroom II.

3:45 PM
Impact of High Frequency Trading on Markets

Chair:
Paul Hilgers, Chief Executive Officer, Asia Pacific, Optiver Trading

Speakers:
Lionel Ghouila Houri, Deputy Head of PTG, Asia-Pacific, Newedge Japan
Dean Lane, Head of Asia Pacific Trading Technology, J.P. Morgan Australia
Christopher Lee, Global Head of Market Access, Fortis Bank Global Clearing
Matthias Rietig, Executive Advisor, Market Development, Osaka Securities Exchange
Robert Smith, Managing Director, GETCO Asia
Akira Tagaya, Head of Business & Policy Development, Derivatives, Tokyo Stock Exchange

 

John Jacob Ballroom I

Proponents of high frequency trading say it provides liquidity, tightens spreads and speeds up execution. Opponents question whether high frequency traders have an unfair advantage over other types of investors. Representatives from brokerage firms, high-speed/low-latency trading firms, and exchanges will discuss the demands this type of trading places on firms and exchanges, the pros and cons of this style of trading, and the value and cost it brings to the marketplace.

5:15 PMSessions Conclude
 
7:00 PMSGX Gala Reception
 

Singapore City Hall

Enjoy the "uniquely Singapore" experience at the grand City Hall Building! Presenting the arts, traditions and cuisines of multi-cultural Singapore, the Gala Reception is set against the breathtaking backdrop of Singapore's national monument. Proudly hosted by SGX - The Asian Gateway, this is the event you simply cannot miss.

*Complimentary shuttles will be provided from St. Regis Hotel Singapore to City Hall Building.

Friday, December 4, 2009
8:00 AMRegistration Opens
 John Jacob Ballroom Foyer
 Arrival Break
 John Jacob Ballroom Foyer
9:00 AMExhibition Opens
 John Jacob Ballroom II
 
Debate: The Pros and Cons of Consolidated Clearing in Asia

Chair:
Clive Furness, Managing Director, Contango Markets

Speakers:
Venkat Chary, Chairman, Multi Commodity Exchange of India
Paul Davies, Managing Director, Futures Services, Goldman Sachs Futures
Chris Price, Managing Director, AsiaEx Consulting
Jason Scott, Director, Listed Derivatives, Credit Suisse

 

John Jacob Ballroom I

Our speakers will debate the pros and cons of clearinghouse consolidation for multiple Asia exchanges. Would one clearinghouse for key Asian markets, or at least a substantial consolidation, enhance Asia's prospect as a global center for derivatives trading or is the diversity of regimes ultimately a strength?

10:30 AMNetworking Break
 John Jacob Ballroom II
11:00 AM
Challenges of Running a Global Operation

Chair:
Laurence O'Connell, Managing Director of Asia Pacific Operations, MF Global

Speakers:
Sree Kumar, Head, Market & Product Development, Bursa Malaysia
James Morley, Executive Director, Listed Derivatives Operations, Morgan Stanley
Masayuki Nakajima, Executive Officer & Director, Marketing Department, Tokyo Financial Exchange
Fabrice Oriol, Head of Post Trade Services, SunGard Global Trading
Conway Yeung, Regional Head, Asia Pacific, UBS Exchange Traded Derivatives Operations

 

John Jacob Ballroom I

Fitting the Asia region into a firm's global operations process presents some unique challenges due to lack of standardization in access, operations, and regulation. In addition, risk management is becoming more difficult as traders demand direct access to markets. What can be done to reduce the cost and complexity of clearing Asia markets? How can we improve access for clients? Is remote clearing the answer, and if so, what players can get it, which exchanges allow it, and what are the terms, conditions, and constraints on remote access and prospects for remote clearing?

 
Asia Commodity Markets

Chair:
Peter McGuire, Managing Director, CWA Global Markets

Speakers:
Thomas McMahon, Chief Executive Officer, Singapore Mercantile Exchange
Yasuo Mogi, Vice Chairman, Newedge Japan
Mitsuhiro Onosato, Executive Director, Tokyo Commodity Exchange
David Pike, Executive Director, J.P. Morgan Securities Singapore
Jeffrey Tan, Senior Director, Business Development & Clearing, Singapore Commodity Exchange

 

Consulate & Embassy Room

Asian commodity markets mirror Asia generally in their degree of fragmentation and duplication. What's happening in the commodity space and what needs to happen for Asian commodity markets to become credible competitors to the Western benchmark commodity markets?

12:00 PMNetworking Lunch
 John Jacob Ballroom II
1:00 PM
Building a Framework for Managed Money

Chair:
David Chin, Managing Director, Basis Point Consulting

Speakers:
Hideki Noda, Principal, CTA Supervision, ORIX Investment Corporation
Goro Ohwada, President & Chief Executive Officer, Aino Investment Corporation
Michael Syn, Chief Operating Officer, DBS Asset Management

 

Consulate & Embassy Room

Retail is a significant segment of the Asia futures markets, but managed product offerings are not all that common. One problem is that Asia lacks a framework for offering managed futures and structured products. What has worked in other jurisdictions and what is the regulatory view around the region toward managed funds?

 
Asia Financial Markets

Chair:
Udayan Goyal, Managing Director, FT Advisors

Speakers:
Gerard Ayodeji, Managing Director, Flow Traders Asia
Mark Holder, Associate Professor of Finance & Director of the Master of Science in Financial Engineering, Kent State University
John Mathias, Consultant, Aequitas Associates
Ramamurthy Sundararaman, Senior Vice President, National Stock Exchange of India

 

John Jacob Ballroom I

Some Asian financial markets have been phenomenally successful, but product development has been lopsided. For example, successful interest-rate products are sparse compared to Europe and the U.S. This panel will dissect what has worked and hasn't worked in Asia's exchange-traded financial product space and suggest steps that can be taken to improve these markets.

2:15 PMProgram Concludes
 
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