2010 Futures & Options Expo Program

* Program subject to change
Tuesday, November 2, 2010
6:00 PMOpening Reception
 

The Art Institute of Chicago
Griffin Court

Sponsored by:

  

 

            

  

   

 

     

A new tradition, this event has been the premiere place for attendees to network and kickoff the show the past two years. Greet your business associates, colleagues and friends at The Art Institute of Chicago’s Griffin Court. You also will have access to the famous Impressionists and other exhibits that have made The Art Institute of Chicago what it is today.

An RSVP is not necessary, however you must be registered for Expo (either the trade show or the conference sessions) in order to attend the reception.  Only those that have registered prior to Monday, November 1 will appear on the guest list. We apologize, but walk-ups will not be accommodated.

Wednesday, November 3, 2010
8:00 AMRegistration Opens & Welcome Break Sponsored by Connamara Systems
 

8th Street Registration Area & Lower Level Registration Area

Stop by the registration desk to get your badge and materials before heading into the first session.  While you are there grab a cup of coffee and a breakfast snack courtesy of Connamara Systems.

8:45 AM
Welcoming Remarks

Speaker:
John Damgard, President, Futures Industry Association

 Continental A/B, Lobby Level
9:00 AM
W9:00A CFTC Chairman's Address

Introduction:
John Damgard, President, Futures Industry Association

Speaker:
Gary Gensler, Chairman, Commodity Futures Trading Commission

 

Continental A/B, Lobby Level

CFTC Chairman Gary Gensler leads the agency at a critical time in the evolution of the derivatives industry. He was instrumental in shaping  many areas of the Dodd Frank bill and now, working with the SEC and a team of Federal regulators, is responsible for the CFTC's implementation of many areas of the derivatives section of the bill. Change of this magnitude is rarely undertaken by regulators. Chairman Gensler will share his thoughts with Expo delegates on the tasks currently underway and what lies ahead.

9:30 AM
W9:30A Exchange Leaders: Setting the Stage for the Next Generation of Markets

Chair:
Carl Eichstaedt, Senior Portfolio Manager, Western Asset Management

Speakers:
Craig Donohue, Chief Executive Officer, CME Group
Garry Jones, Group Executive Vice President & Head of Global Derivatives, NYSE Euronext
Andreas Preuss, Chief Executive Officer, Eurex
Jeffrey Sprecher, Chairman & Chief Executive Officer, IntercontinentalExchange

 

Continental A/B, Lobby Level

Exchanges are preparing for new business and assessing the changes that may be needed to their business models. They are working with market users and intermediaries, and reviewing their rules and their decision making structures. Importantly, they are also working with regulators they know and new regulators. They are considering if products should be traded as futures or OTC. And they are reviewing the international implications of the new regime. Our panel of exchange leaders will share their insights on how the markets are preparing for change and their vision for the future.

10:00 AM—6:00 PMExhibit Hall Opens
 

Southeast, Southwest and Northwest Exhibit Halls

10:45 AMNetworking Break Sponsored by The Options Clearing Corporation
 

Continental Foyer, Lobby Level

Sponsored by:

Do you want a mid-morning pick me up? Looking for a clear path to a cup of coffee? The Options Clearing Corporation is clearing the way for you to have a morning cup of joe or a delicious snack. Please join us, brought to you by The Options Clearing Corporation.

11:15 AM
W11:15A FIA Law & Compliance presents Implementing Regulatory Reform

Chair:
Maria Chiodi, Director and Counsel, Legal and Compliance, Credit Suisse Securities

Speakers:
Gary DeWaal, Senior Managing Director and Global General Counsel, Newedge USA
Michael Dunn, Commissioner, Commodity Futures Trading Commission
Kevin Foley, Partner, Katten Muchin Rosenman
Jill Sommers, Commissioner, Commodity Futures Trading Commission
Lauren Teigland-Hunt, Managing Partner, Teigland-Hunt

 

Continental A/B, Lobby Level

The regulatory agencies are busy implementing the sweeping reforms contained in the Dodd-Frank Wall Street Reform and Consumer Protection Act. This panel of legal experts will discuss proposed rulemakings and their potential impact on firms and their customers, traders and markets.

12:30 PMDivision Lunch
 

Grand Ballroom, Second Floor

Expo begins as Election 2010 ends. We've invited Peter D. Hart, one of the top analysts of public opinion in the United States, to give us his view of what happened and why. Since 1971, Mr. Hart has served as chairman of Peter D. Hart Research Associates and since 1989, he has been a pollster for NBC News and The Wall Street Journal. In the political realm, Hart has represented more than 40 United States Senators and 30 governors. The National Journal named Hart one of its 150 national leaders who shape federal government policy, lauding him as "probably the foremost Washington pollster for the Democratic Party and its centrist candidates." Hart appears frequently on Meet the Press, The Today Show, and The News Hour with Jim Lehrer.

2:00 PM
W2:00A Trading and Clearing Interest Rate Swaps

Chair:
Donald Wilson, Chief Executive Officer, DRW Trading

Speakers:
Neal Brady, Chief Executive Officer, Eris Exchange
Clifford Lewis, Chairman & Chief Executive Officer, Currenex
Roger Liddell, Group Chief Executive Officer, LCH.Clearnet
Garry O'Connor, Chief Executive Officer, International Derivatives Clearing Group
Robin Ross, Managing Director, Interest Rate Products, CME Group

 

Continental A, Lobby Level

There are big changes ahead for the interest rate swaps market. This is one of the largest segments of the over-the-counter markets, roughly $350 trillion in notional amounts outstanding. The Dodd-Frank Wall Street Reform and Consumer Protection Act requires that much of this market will have to be centrally cleared and traded. Many analysts say this could impact as much as 80% of this market. This panel will discuss the current state of the regulation and trading of interest rate swaps including any new SEF arrangements that have emerged.

 
W2:00B Energy: Dodd-Frank Impact on OTC & Exchange Trading

Chair:
Will Acworth, Editor, Futures Industry

Speakers:
James Davies, Head of Sales & Client Services, Trayport
Yvonne Downs, Head of Futures, Commodities and Swap Execution Facilities Compliance, ICAP North America
Matthieu Giovachini, Chief Risk Officer, Americas, Newedge
William Hederman, Director, Regulatory Compliance, Energy and Resources, Deloitte & Touche
Peter Malyshev, Counsel, Winston & Strawn
Jon Olson, President & Chief Executive Officer, TruMarx Data Partners

 

Continental B, Lobby Level

U.S. energy markets have been transitioning to OTC clearing since Enron collapsed in 2001. What can we learn about how energy traders adjusted to the rise of Clearport and ICE OTC? How do clearinghouses determine what products are suitable for clearing, and how will that process change under Dodd-Frank?

 
W2:00C Technology Views 2010: Supporting the Business

Chair:
Matthew Rees, Chief Relationship Officer, R.J. O'Brien

Speakers:
Brian Adams, Chief Information Officer, Rosenthal Collins Group
Sean Barry, Managing Director, Patsystems
John Barun, Managing Director & Chief Information Officer, Geneva Trading
Wolfgang Eholzer, Head of Trading System Design, Eurex
Christopher Meens, Executive Vice President, Operational Services, SunGard

 

Continental C, Lobby Level

Contrasting the uncertainty of 2009, 2010 brought about a new way to view the financial marketplace and built a solid platform for moving forward to 2011 and beyond. With this new view comes a unique perspective on technology that affects every link along the trade lifecycle from the trading screen to the clearinghouse. How will 2011 benefit from the hard work in 2010 and where will technology play a part? How will technology continue to evolve and assist the business to make new strides, fuel growth and assist in the success of our industry through the coming year?

3:15 PMNetworking Break Sponsored by Tokyo Commodity Exchange
 

Continental Foyer, Lobby Level

Sponsored by:

TOCOM is providing you with a great afternoon networking opportunity and a fantastic refreshment break! Please join us for a variety of beverages and snacks compliments of the Tokyo Commodity Exchange, Inc.

3:45 PM
W3:45A Switching on SEFs

Chair:
Kevin McPartland, Senior Analyst, TABB Group

Speakers:
Howard Corb, Managing Director, Tradeweb
Chris Ferreri, Managing Director, ICAP
Thomas LaSala, Managing Director & Chief Regulatory Officer, CME Group
James Rucker, Chief Operations Credit & Risk Officer, MarketAxess
Johnathan Short, Senior Vice President and General Counsel, IntercontinentalExchange

 

Continental A, Lobby Level

The financial reform regulation created a new category of execution platforms for trading interest rate swaps: Swap Execution Facilities or SEFs. New rules from the CFTC will determine how SEFs will be structured and who can become a SEF. Existing trading venues are gearing up to become SEFs and new platforms are preparing to launch. This session will discuss their offerings and the status of the regulation. What execution method will they use? How will orders interact? What type of traders can access their platforms?

 
W3:45B Accessing Brazil

Chair:
John Van Der Bleek, Vice President, Deutsche Bank Securities

Speakers:
Carlos Ferreira, Director, International Affairs, BM&F Bovespa
Laurence Latimer, Senior Vice President & Managing Director, Trading & Client Connectivity Americas, SunGard
Clecio Lima, Associate Director & Chief Technology Officer, BTG Pactual
Landulpho Profili, Head of Sales and Execution, J.P. Morgan

 

Continental B, Lobby Level

BM&FBovespa is one of the largest and fastest growing derivatives exchanges in the world and presents interesting opportunities and challenges for traders and clearing firms. The panel will discuss key issues for market participants interested in accessing the Brazilian listed derivatives markets, including the different types of access to BM&FBovespa, the opportunities for low-latency direct market access, the roles played by custodians and brokers, and the partnership between BM&FBovespa and CME Group, The panel also will discuss certain regulatory issues, including requirements related to technology, connectivity and bookkeeping.

 
W3:45C ALGO 3.0: The Evolution of Algorithmic Trading in a High-Frequency Trading World

Chair:
Russell Abramson, Executive Director, J.P. Morgan Futures

Speakers:
Robert Almgren, Co-founder & Chief Quantitative Officer, Quantitative Brokers
Michael Chin, Chief Executive Officer, Mantera
Timothy James, Customer Engineering Manager, Thomson Reuters
Alexander Lamb, Executive Board Member, Senior Vice President, Business Development & Marketing, RTS Realtime Systems
Stephane Leroy, Head of Global Sales & Marketing, Quanthouse
Andrew Schumacher, Executive Director, Futures & Options, J.P. Morgan Futures

 

Continental C, Lobby Level

Can algorithms help you be more effective in an automated environment? Have you ever tried to list an offer or hit a bid and it was gone before you clicked the mouse? Algos can improve the efficiency of the execution of orders. Using improved technology with proximity to exchanges can provide human traders the edge they need in a computer-based trading world. This panel will explore in depth the technology that allows the human being to remain effective in today's electronic trading environment.

4:00 PMTaste of Expo - Exhibit Hall Reception
 

Lower Level, Tradeshow Floor
Southeast/Southwest/Northwest Halls

Your adrenaline will be pumping after a great first day at Expo 2010. Unwind with your colleagues during the annual Taste of Expo! Join us from 4:00 - 6:00 p.m. for food, drinks and networking, courtesy of the Expo 2010 exhibitors. See you there!

 

6:00 PMCME Group Reception
VIEW INVITE
 

Union Station
6:00-8:00pm

Sponsored by:

CME Group invites you to a special reception at Chicago's famed Union Station! Join your fellow delegates for food and drink in the magnificent Great Hall, a 20,000 square foot classic venue boasting 18 soaring Corinthian columns and a spectacular five-story, barrel-vaulted, atrium ceiling. Trolleys will be provided to take delegates from the Hilton Chicago to the venue starting at 5:45 p.m.

 Exhibit Hall Closes
 

Southeast, Southwest and Northwest Exhibit Halls

Thursday, November 4, 2010
8:00 AMRegistration Opens
 

 

9:00 AM
T9:00A Balancing Act: OTC vs. Traditional Clearing Demands

Chair:
Craig Abruzzo, Managing Director, Morgan Stanley

Speakers:
Thomas Book, Member of the Executive Board, Eurex
Michael Cahill, President & Chief Operating Officer, Options Clearing Corporation
Thomas Hammond, President & Chief Operating Officer, ICE Clear U.S.
Roger Liddell, Group Chief Executive Officer, LCH.Clearnet
Kim Taylor, President, CME Clearing, CME Group

 

Continental A, Lobby Level

Clearinghouses face perhaps the greatest challenge of all the entities preparing for the new regulatory requirements. They must consider what can be cleared, standards for clearing members, and other policies and procedures that may need to change in order to handle the OTC contracts they decide to clear. In addition, clearinghouses could be considered to be "systemically important," which will mean additional oversight by the Fed. Panelists will discuss these topics as well as co-mingling futures and OTC in default funds, individual segregation of customer funds, standards for new classes of clearing members, cross-margining, and connecting to SEFs. In the face of all of this change, what improvements are contemplated for futures clearing platforms?

 
T9:00B Innovation in the Midst of Change

Chair:
Richard Repetto, Principal, Sandler O'Neill

Speakers:
Luca Barillaro, Independent Trader & Money Manager
Jim Boyle, Executive Director, UBS
Jonathan Werts, Managing Director, Bank of America Merrill Lynch, Global Execution Services
Slade Winchester, Director, Citigroup Global Markets

 

Continental B, Lobby Level

Regulatory changes by the SEC and new rule changes by the exchanges are having a dramatic impact on market structure. This panel will share their views on how recent rule filings are impacting the way the equity options markets are traded. Topics include market models, exchange fee schedules, payment for order flow, price improvement, proposed rules for high-frequency trading, dark pools, and new options products. What technology innovations are resulting from these changes in market structure? How will different market participants adapt to these changes both domestically and abroad?

 
T9:00C A Global View of Direct Access Risk Management

Chair:
David Hartney, Managing Director, J.P. Morgan Futures

Speakers:
Robert Brown, Global Head of EBusiness Integration, BGC Partners
Bryan Durkin, Managing Director and Chief Operating Officer, CME Group
Brett Funderburg, Managing Director, RGM Advisors
Matthew Haraburda, Head of Operations, XR Trading
Rama Pillai, Senior Vice President, Sales & Distribution, Singapore Exchange
Leslie Sutphen, Managing Director, Newedge USA

 

Continental C, Lobby Level

The FIA Market Access Working Group released in April recommendations for controls exchanges that allow direct access should have in place. The FIA then surveyed 55 exchanges around the world to determine which exchanges offer direct access and the controls they are considering or currently offer. This panel will discuss the results of the survey and various regulatory, exchange and private sector initiatives that address controlling risk in a high-frequency trading environment.

10:00 AM—4:00 PMExhibit Hall Opens
 

Southeast, Southwest and Northwest Exhibit Halls

10:15 AMNetworking Break Sponsored by Chicago Board Options Exchange & CBOE Futures Exchange
 

Continental Foyer, Lobby Level

Sponsored by:

CBOE_expo

Do you love to have options? Join us as CBOE gives you plenty of options. You will have the option of coffee, snacks or both. All provided courtesy of the Chicago Board Options Exchange.

10:45 AM
T10:45A Retooling the Roles of Market Participants

Chair:
Gonzalo Chocano, Co-Head, Global Futures & Derivatives Clearing Service, Merrill Lynch Pierce Fenner & Smith

Speakers:
Antoine Carle, Global Head of Cross Selling, Fixed Income, Newedge
Raymond Kahn, Global Head of OTC Derivative Clearing, Barclays Capital
Steve O'Connor, Managing Director & Global Head of Counterparty Portfolio Management, Morgan Stanley
David Olsen, Managing Director, Global Head of OTC Clearing, J.P. Morgan
Christopher Perkins, Director, Head of OTC Client Clearing, Citigroup

 

Continental A, Lobby Level

This panel will contemplate the impact of regulatory reform on intermediaries and end-users. Trading venues are being re-tooled, intermediaries are restructuring, and end-users are rethinking their approach to risk management. Panelists will discuss distinguishing OTC from ETD, capital and customer fund requirements, evaluating SEFs, new clearing opportunities, reassessing clearing member responsibilities, educating customers, new registration requirements, and consider the implications for growth of the U.S. markets.

 
T10:45B Market Insights from Equity Options Exchange Leaders

Chair:
Christopher Nagy, Managing Director, Order Strategy, TD Ameritrade

Speakers:
Edward Boyle, Executive Vice President, NYSE Euronext
William Brodsky, Chairman & Chief Executive Officer, Chicago Board Options Exchange
Jeromee Johnson, Vice President, Market Development & Head of BATS Options, BATS Exchange
Gary Katz, President & Chief Executive Officer, International Securities Exchange
Tony McCormick, Chief Executive Officer, Boston Options Exchange Group
Thomas Wittman, President, NASDAQ OMX

 

Continental B, Lobby Level

Welcome to Exchange Leader Jeopardy! Your host will challenge our panelists to answer questions on categories including regulatory reform, the flash crash, access fees, pricing models, fee caps and new exchanges. Hear senior management perspectives on a range of topics as well as their outlook for the next 18 months.

 
T10:45C Technology Challenges of Controlling Direct Access Risk

Chair:
Leslie Sutphen, Managing Director, Newedge USA

Speakers:
Bruce Domash, Risk Director, ICE Clear U.S.
Scott Johnston, Chief Operating Officer, Tower Research
Amy McCormick, Director, Market Risk Management, CME Group
Greg Wood, Vice President, Advanced Execution Services, Credit Suisse Securities
Steve Woodyatt, Managing Director, Object Trading

 

Continental C, Lobby Level

As more and more traders clamor for faster speed and ask to go to the exchange directly in a facility co-located with the matching engine, the fear that unintended or illegal trades can occur before anything can be done to stop them has increased. The FCMs who clear the trades, the exchanges, and the regulatory authorities have struggled to come up with appropriate risk control mechanisms that are technologically feasible. The trading firms agree that risk management is appropriate but want to ensure that the same risk standards are applied equally across all participants. The traders are also concerned that applying traditional regulations such as wash trade prevention becomes more complex in a world where multiple algorithms operate simultaneously, pursuing completely different strategies. What can be done to address risk and regulation in a high speed environment?

12:00 PMNetworking Lunch Sponsored by Bank of America Merrill Lynch
 

Lower Level, Tradeshow Floor
Southeast/Southwest/Northwest Halls

Sponsored by:

Bank of America - ML_expo

Feeling a little rumble in your stomach? Do you need an energy boost to get you through the exciting program at the Expo? Then please join Bank of America Merrill Lynch on the Expo show floor for a tasty lunch. Network with BAML representatives, Expo exhibitors and your colleagues and friends while enjoying a fine meal on the trade show floor. All brought to you courtesy of Bank of America Merrill Lynch.

1:00 PM
T1:00A FIA Chicago presents New Customer Data Requirements: Building an OCR Database

Chair:
Yvonne Downs, Head of Futures, Commodities and Swap Execution Facilities Compliance, ICAP North America

Speakers:
Tammy Botsford, Vice President & Deputy General Counsel, Penson GHCO
Mark Fabian, Vice President, Market Regulation, ICE Futures U.S.
Alun Green, General Manager, SunGard
James Moran, Global Director, Market Regulation Strategies & Technology, CME Group
Robert Paul, Executive Director, Nomura Securities International
Raymond Tubridy, Managing Director, Derivatives Sales and Marketing and Product Development, State Street Global Markets

 

Continental A, Lobby Level

The Commodity Futures Trading Commission has proposed rules to collect certain ownership, control and related information for all trading accounts active on U.S. futures exchanges. This is an unprecedented amount of information- including data that exists in different places within a firm in a variety of formats (hardcopy and electronic) and data that is not currently collected. How is the industry preparing to collect this type of data and deliver it to the reporting entity? Where are the sticking points in comparing the data points with the daily trade register?

 
T1:00B Impact of Regulatory Reform on the Equity Options Markets

Chair:
Paul Zubulake, Senior Analyst, Aite Group

Speakers:
Heike Eckert, Executive Director, Head of Clearing Business Development, Eurex Clearing
Joseph Elmlinger, Managing Director & Head of Marketing, Global Futures & Derivatives Clearing Services, Bank of America Merrill Lynch
Paul Maley, Head of Listed Derivatives, Americas, Deutsche Bank
Michael McClain, Executive Vice President, Business Development and Operations, Options Clearing Corporation
John Nagel, Managing Director and General Counsel, Asset Management and Markets, Citadel
Tess Weil, Partner, Purrington Moody Weil

 

Continental B, Lobby Level

Clearinghouses in both the U.S. and Europe are making plans to clear OTC equity options and other OTC equity derivatives. What will these plans mean for the listed options business in the U.S. and Europe? What impact will the clearing of these products have on existing OTC dealers? Will it provide opportunities for other firms to enter the OTC business as dealers? What role will the regulators play?

 
T1:00C The Debate Over Effective Error Trade Policies

Chair:
Chris Hehmeyer, Managing Member, HTG Capital Partners

Speakers:
Edward Dasso, Manager, Market Regulation, IntercontinentalExchange
Bryan Durkin, Managing Director & Chief Operating Officer, CME Group
Steffen Köhler, Head of Product Development, Eurex
Lynn Martin, Chief Operating Officer, NYSE Liffe U.S.
Donald Wilson, Chief Executive Officer, DRW Trading

 

Continental C, Lobby Level

Error trade policies have received increased attention after the so-called flash crash in May. The FIA Market Access Risk Management Recommendations included a recommendation that error trade policies should focus on trade certainty. This panel of exchanges and trading firms will discuss the difficulty in striking the right balance between trade certainty and busting trades. What happened during the flash crash? How has thinking changed since the events of May 6 and 7?

2:15 PM
T2:15A FIA Futures Services Division presents Integrating OTC into ETD Systems and Processes

Chair:
Vincent Mattera, Senior Vice President & Regional Head of Futures Clearing and Client Service, HSBC Securities

Speakers:
Alessandro Cocco, Managing Director, J.P. Morgan Futures
Edward Gogol, Managing Director, Clearing Solutions, CME Group
Diane McFadden, Director, Chicago Operations, ICE Clear U.S.
John Munro, Senior Vice President, Product Design, Ion Trading
John Omahen, Director, Product Management, SunGard
Reggie Shivers, President, FIA Futures Services Division

 

Continental A, Lobby Level

The mandate to incorporate traditional counterparty-to-counterparty OTC products such as CDS and swaps will bring sweeping changes to the way FCMs process trades, reconcile to the exchanges, interface with their clients, and manage end-to-end flow for both traditional futures and the new exchange cleared OTC products. What new requirements can we expect from exchanges? What kind of support can we expect from the back-office vendors? What are the pitfalls FCMs will need to avoid? Our panel of FCMs, service bureaus and exchanges will address next steps and potential plans in support of the OTC initiative.

 
T2:15B High Frequency Trading in the Equities Markets: Cash vs. Options

Chair:
James Angel, Associate Professor of Finance, McDonough School of Business, Georgetown University

Speakers:
Peter Bottini, Executive Vice President, Trading & Customer Service, OptionsXpress
Peter Buckley, Managing Director, PTG & Clearing, Newedge USA
Matthew Gray, Chief Executive Officer, Simplex Investments
John Smollen, Managing Director, Goldman Sachs

 

Continental B, Lobby Level

Although high-frequency trading tends to be viewed as a single type of approach to trading, it has very different characteristics depending on the type of trader and the market in which it is employed. This session will compare and contrast high-frequency trading in the cash equity markets versus this type of activity in the equity options markets. It will look at the trading behavior, the rules and the results.

 
T2:15C Co-Location: When Does Proximity Pay Off?

Chair:
Nathan Ulery, Director of Infrastructure Solutions, West Monroe Partners

Speakers:
Jerry Capaci, Vice President of SFTI Services Americas, NYSE Euronext
Tayloe Draughon, Director & Manager, E-Solutions Client Services Americas, Newedge Group
Craig Mohan, Managing Director, Co-location & Data Center Services, CME Group
Lilia Severina, Proximity Hosting Director, Interxion
Chris Zuehlke, Head of Front Office Development, DRW Holdings

 

Continental C, Lobby Level

Co-location is becoming increasingly important to a variety of traders including high-frequency traders, intermediaries and end-users. The CFTC has proposed rules that would change the way co-location is defined, monitored and marketed. This panel will discuss the different flavors of co-location, the advantages of locating servers in close proximity to the exchange trading engines, and the need for transparency and equal access.

3:30 PMNetworking Break Sponsored by Chicago Board Options Exchange & CBOE Futures Exchange
 

Continental Foyer, Lobby Level

Sponsored by:

CBOE_expo

Do you love to have options? Join us as CBOE gives you plenty of options. You will have the option of coffee, snacks or both. All provided courtesy of the Chicago Board Options Exchange.

4:00 PM
T4:00A Tech Solutions for OTC Clearing

Chair:
John Rapa, President & Chief Executive Officer, Tellefsen and Company

Speakers:
Ted Brooks, Director, Clearing Initiatives, MarkitSERV
Peter Fredriksson, Chief Executive Officer, Baymarkets
Richard Hulit, Executive Vice President, SunGard

 

Continental A, Lobby Level

Vendors are working with swap dealers, major swap participants, clearing members, SEFs, swap data repositories, and exchanges to meet all of the record-keeping, processing and other requirements for new markets. What business and technology challenges will result from the creation of a cleared OTC derivatives account classification? How are market participants preparing for these changes? Leading service providers discuss how they are gearing up to support OTC Clearing in this brave new world.

 
T4:00B Implications of the Flash Crash

Chair:
Jay Knopf, Senior Vice President, Options, Newedge USA

Speakers:
Alistair Brown, Founder, Chairman & Chief Executive Officer, Lime Brokerage
Bob Hill, Senior Vice President, NYSE Euronext
James Overdahl, Vice President, National Economic Research Associates
Scot Warren, Managing Director, Equity Indexes Products & Services, CME Group

 

Continental B, Lobby Level

The debate continues over what caused the market turmoil on May 6. Commentators generally agree that it illustrates the inter-connectedness of the cash and derivatives markets, the need for circuit breakers, and the need for a robust error trade policy. This panel will attempt to sort fact from fiction and discuss what actions have taken place since the flash crash and what is on the horizon.

 
T4:00C Technology of High-Frequency Trading

Chair:
Robert Brown, Global Head of eBusiness Integration, BGC Partners

Speakers:
Joe Bigane, Managing Partner, Interactive Data 7Ticks
Robert Creamer, President, Geneva Trading
Tayloe Draughon, Director & Manager, E-Solutions Client Services Americas, Newedge Group
Tyler Moeller, Co-Founder & President, Broadway Technology
Feargal O’Sullivan, Head of Trading Solutions Americas, NYSE Euronext

 

Continental C, Lobby Level

This panel will look at the ongoing evolution of technology as related to electronic trading. We will question whether screen or spreading systems can realistically compete with the latest HFT applications. Can vendors supply these HFT solutions or do traders need to build them from scratch in order to compete? We will also look at the ways that traders are minimizing latency via networks, co-location and more efficient HFT solutions. Finally we will discuss the effect that HFT technology is having on all market participants including the buy/sell side, exchanges, vendors and even regulatory bodies.

 Exhibit Hall Closes
 

Southeast, Southwest and Northwest Exhibit Halls

6:00 PM Futures Cares Charity Dinner (separate ticket required)
 

Grand Ballroom, Second Floor

       

Visit the Futures Cares website here

Wednesday, October 12, 2011
2:15 PMW2:15A Debate
 
FIA
2001 Pennsylvania Avenue N.W.
Suite 600
Washington, D.C.20006
(202) 466-5460 phone
(202) 296-3184 fax
www.futuresindustry.org