…..the one with the buy side…
                                                                                                    Over 500 senior buy side
                                                                                                      already confirmed!

                                                                                                     2000+ participants, including
12 - 15 April, 2011 Excel Centre, London www.tradetecheurope.com                                       over 650 senior buy side!

Regulation, Liquidity & Best Execution
in a High Frequency World




      Chaired & Moderated By
      John Humphrys, Presenter & Broadcaster, BBC                                    Strategic Information Delivered To You From Over 120
                                                                                     Senior Industry Speakers, Including:
      14 Reasons Why Tradetech Is The Premier Global Trading                              Richard Lacaille, Chief Investment Officer,
                                                                                          State Street Global Advisors
                  Technology Event Of The Year:                                           Andrew Silverman, Managing Director,
1. Meet and network with over 650 of your customers: buy side heads of desk               Morgan Stanley
    and senior traders                                                                    Kevin Cronin, Global Head of Equity Trading,
2. 120 carefully researched topics and sessions giving you need to know                   Invesco
    strategic information                                                                 Alexander Justham, Director of Markets,
                                                                                          Financial Services Authority
2. Created for you by an industry advisory board
                                                                                          Brian Mitchell, COO, Investment Division,
4. No hidden agenda - organised by a team of professional conference
                                                                                          Gartmore
    specialists
                                                                                          Garth Ritchie, Global Head of Equities,
5. Outstanding networking for you and your team - over 2000 senior industry               Deutsche Bank
    players from the entire trading value chain                                           Vincent Moojer, Investment Manager, Head of Equities
6. 11 years of excellence in providing incisive content, great networking and             Trading, PGGM
    need to know information                                                              Huw Gronow, Head Trader,
7. Facilitating debate & discussion - giving you a chance to voice your opinion           Principal Global Investors
    and to put yourself on the inside track                                               Neil Joseph, Vice President, Equity Trading,
                                                                                          JP Morgan Asset Management
8. Fresh conference content designed to help you every year - we don’t repeat,
                                                                                          Paul Donovan, Managing Director and Global Economist,
    we find new need to know information for you
                                                                                          UBS
9. New conference formats and networking opportunities for you and your team
10. Supported by the FSA & the EU - Europe’s most senior regulators use              Blockbuster Line-Up Of Guest Speakers!
    TradeTech to test industry response
11. Focusing on your key priorities – strategy, technology, market structure,             Baroness Eliza Manningham- Buller,
                                                                                          Former Head, MI5
    and regulation
                                                                                          General Sir Mike Jackson (ret), formerly Chief Of The
12. Supported by every tier 1 sell side bank                                              General Staff, UK MOD
13. Keynote guest speakers including Baroness Eliza Manningham-Buller,                    Richard Peterson, Fund Manager, Psychiatrist
    Former Head, MI5 and General Sir Mike Jackson (ret), formerly Chief                   & Neuroeconomics Expert, MarketPsych.com
    Of The General Staff, UK MOD                                                          Joe Navarro, Former FBI Agent,
14. All of your peers and competitors will be at TradeTech because it helps               World Specialist On Non-Verbal Communication
    them to be the best in the industry - WILL YOU?                                       Roger Bootle, Managing Director,
                                                                                          Capital Economics
        4 2000 attendees                            4 75 sessions                    Agenda Created For The Industry By The Industry
         4 650 buy side                       4 20 countries represented             Advisory Board
  4 200 buy side Heads of Desk                 4 20 hours of networking                   “TradeTech is the best trading event of the year... the ideal
         4 130 speakers                         4 3 action packed days                    environment for the buy and sell side to get together”
        4 120 exhibitors                         41   unique event                        Sheena Kelman, Head of Trading, Martin Currie

     Lead Sponsor:                                             Principal Sponsors:                                                        Organised by:




             Phone: +44 (0)20 7368 9465          Email: tradetech@wbr.co.uk          Website: www.tradetecheurope.com
The MiFID Debate The FSA Wants To Hear From You!
   TradeTech is the largest and most senior meeting place for the equity             Bringing You The Buzz of the World’s Largest Trading Event, PLUS the
and derivatives trading community: 2000+ buy side traders, brokers,                  Intimacy of Highly Focussed, Niche Conferences                                     Attend TradeTech 2011 to hear the most influential industry players and analysts assess MiFID 2. Find
trading venues, regulators, industry experts, economists and fund                    This year TradeTech brings you a series of niche, highly focussed events          out and debate what worked, what didn’t and how MiFID 2 is going to improve the trading landscape.
managers. Created by the industry advisory board, TradeTech 2011                     within the main conference. Each event is limited to 100 participants and         Or will it make it even more difficult? Learn from Alexander Justham and his colleagues at the Financial
gives you true value and helps you grow in your job, ensuring top results            offers highly focussed sessions that allow for greater depth of learning and      Services Authority about the latest plans for regulating the securities trading sector. Join roundtable
and great performance of every member of your team.                                  debate                                                                            debates to help shape future regulation! The FSA will be hosting a series of roundtables specifically to
                                                                                                                                                                       hear your feedback, suggestions, concerns and ideas!

          “TradeTech is the best trading event of the year... the
          ideal environment for the buy and sell side to get                         Designed primarily for buy side heads of desk, some of these groups will be
          together”
                                                                                     closed door, and others will be open to the whole industry. Topics include:
                                                                                     • dealing with the fund manager • cross asset trading                                           Trillions Have Been Lost, Everything Is At Stake!
          Sheena Kelman, Head of Trading, Martin Currie                              • regulatory compliance • consolidated tape

                                                                                                                                                                         Roger Bootle, Managing Director of Capital Economics is known throughout the financial markets for
          “TradeTech is the must attend trading technology
                                                                                                                                                                       his analysis of the economic environment and for his controversial and innovative ideas. In his latest book
          event of the year”                                                                                                                                           he argues that in large measure, the underlying cause of the financial crisis was the result of an idea that
          Vincent Moojer, Investment Manager, Head of Equities Trading, PGGM                                                                                           markets work, and that governments do not: “Despite the trillions of dollars lost, and despite the worries
                                                                                     Enormously popular in 2010, the regulatory think tank has been expanded
                                                                                     into a mini-conference. Led by a panel of Europe-wide regulators in the           of millions of people, more than this — much, much more — is at stake. The crisis has delivered the killer
          “Top trading technology event to attend”                                   wake of MiFID II, It is a unique chance to petition and give feedback to the      blow to an idea that has underpinned the structure of society, framed the political debate, and moulded
          Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative,         regulators on:                                                                    international relations for decades.”
          University of Bristol                                                      • MiFID II • Consolidated tape • Centralised clearing
                                                                                     • High frequency trading                                                                    Join Roger Bootle as he reflects on the nature of capitalism, latest developments in the
          “An excellent opportunity to meet with both my                                                                                                                         economy and their direct impact on you, your business and the future of this industry.
          buyside and sellside clients. WBR do a wonderful job
                                                                                                                                                                       Who Lost Those Trillions? Do Markets Really Work?
          of bringing together decision makers from all aspects
          of our industry.”                                                          Derivatives trading is set to take centre stage and plays a starring role in
                                                                                     MiFID II. This event tackles the twin challenges of regulation and technology
           Jack Vensel, Managing Director, Global Head of Wholesale Services, Citi
                                                                                     to give attendees a blueprint for profitable, efficient electronic trading:
                                                                                     • standardisation of derivatives contracts • opportunities and                                    Has High Frequency Trading Turned Markets
          “TradeTech – a must attend!”                                               challenges for electronic trading • best of breed technology
          Peter van Kleef, Principal, Lakeview Capital Market Services GmbH          • tapping into all sources of liquidity                                                                         Into A Casino?
                                                                                                                                                                         High Frequency Trades account for almost 40% of all trading in Europe. The figure is even higher in the
          “TradeTech is ideal for the buy and sell side to get together”                                                                                               US. The mystique and lack of clarity about HFT strategies means that a lot of trading desks are worried
          Guillaume Lemarchand,Global Head, Global Execution Services, BNP Paribas                                                                                     about being gamed on their trades. Join TradeTech 2011 High Frequency Trading focus day on April 12th
                                                                                     TradeTech - spread across 3 theatres                                              to find out directly from high frequency trading firms about their strategies and trading practices. Get
          “if you work in trading, whether it is on the sell side, buy                                                                                                 insight into the real scientific statistics about HFT and its impacts on the market. Join a debate on the
          side or have a solution - TradeTech is on the money for                    Trading Technology                                                                value and impact of HFT on the securities trading landscape.
          networking, benchmarking, educating and lobbying the                       This mini-event is designed to help traders and technologists deal with the
                                                                                                                                                                       Your desk may be at risk from interacting with high frequency liquidity, do you know how to
          regulators. I wouldn’t miss it for the world”                              most pressing, and expensive challenges such as:
                                                                                     • latency reduction for high frequency trading • customising algos                protect your trades? Find Out The Truth. see page 6 for details of the agenda.
          Christopher D. Clack, Chairman, Financial Stability Research Forum, UCL
                                                                                     • spiralling data volumes

          “TradeTech - No gimmicks here, just real substance... the
                                                                                     Liquidity
          ideal environment for the buy and sell side to network”
                                                                                     This set of content deals specifically with the fall out from MiFID II to allow
                                                                                                                                                                                      Are You Managing To Outsmart The Person On
          Juan Carlos Nieto, Founding Partner, Index Intelligence                    you to resolve some of the most important issues facing the equities trading
                                                                                     industry today:
                                                                                                                                                                                              The Other Side Of The Trade?
          “ … a must attend for me…”                                                 • sourcing the best liquidity at the right price • the future use for                        Baroness Eliza Manningham-Buller, Former Head, MI5 is joining TradeTech 2011 to give you
                                                                                     dark pools • market structure and the execution landscape                                    some secrets and ideas for making decisions in challenging times and for winning in every
          Michael J. Levas, Founder & Chief Investment Officer, Olympian
          Capital Management LLC                                                                                                                                                  transaction that you undertake.
                                                                                     Trading Strategy and Best Execution
                                                                                     These sessions delve into traditional TradeTech content and are designed to       Dame Manningham-Buller has been privy to some of the country’s most carefully guarded secrets and
          “TradeTech - the great opportunity for the buy and sell                    help you devise your trading strategy and priorities for the year ahead.
                                                                                                                                                                       held the lives of spies and double agents in her hands. Since taking over the MI5 reins, her working life
          side to network”                                                           • high frequency trading • the need for a consolidated tape
                                                                                     • establishing a multi asset trading capability • best practice broker            has been dominated by the threat from al-Qaeda. She is an expert at making effective decisions, being an
          Andrew Morgan, Head of Autobahn Equity Europe, Deutsche Bank                                                                                                 outstanding leader, outsmarting her counterparties and winning in difficult and risky circumstances.
                                                                                     selection
TradeTech Floorplan 2011
                                                                     …..the one with the buy side…




    = Sold
    = Available

For information on how you can take advantage of the
promotion and marketing opportunities on this exhibition floor
please ring Shomik Banerjee on +44(0)20-7368-9818 or
email him on Shomik.banerjee@wbr.co.uk
April 13th, 2011


              7:30          Coffee & registration                                                          9:30          assessing Key Factors Shaping the Future Of the                                              talk to hear what the FSA is planning for you and for your customers                          Get Roger’s insight on what the economy is likely to do in the near
                                                                                                                         Equities trading Industry: adjusting to the New                                              and partners. Find out how MiFID 2 is likely to be developing and                             future and how it will impact everything from your business, your
              8:30          Chair’s Welcome address                                                                      Normal                                                                                       what its real impact is on your business.                                                     trading desk to the price of your house.
                            Andrew Silverman, Managing Director, Morgan Stanley                                          Kevin Cronin, Global Head of Equity Trading, Invesco                           10:30         Networking Morning Coffee                                                       12:15         Panel Discussion: How Will Effective and Efficient
                            Andrew Silverman is a Wall Street veteran with over 27 years of                              Every broker, buy side trader and exchange agrees on one thing – the
                            experience in cash, algorithmic and electronic trading. He is currently                                                                                                                                                                                                                 regulation Drive Change Within the Industry -
                                                                                                                         industry is changing direction and is readjusting to the “new normal”          11:00         Keynote Guest address                                                                         Challenges and Opportunities
                            Managing Director and Global Co-head of Morgan Stanley Electronic                            of the post crisis environment. What are the factors shaping the
                            Trading (MSET). In this role, Andrew oversees sales and distribution for                                                                                                                  Garth Ritchie, Global Head of Equities, Deutsche Bank                                         Brian Mitchell, COO, Investment Division, Gartmore
                                                                                                                         trading strategies of the buy side desks? Will they change their core
                            MSET globally. With his experience and expertise Andrew is an ideal                          practices and requirements? Join this keynote address to hear from                                                                                                                         Robert Boardman, Managing Director, ITG
                            chairman for this keynote opening session.
                                                                                                                                                                                                        11:30         Outlook For the Economy and Its Impact On Financial
                                                                                                                         one of the most influential heads of trading in the industry.                                Markets                                                                                       Tim Rowe, Manager, Trading Platforms and Settlement
                                                                                                                                                                                                                                                                                                                    Policy, Financial Services Authority
              9:00          What Opportunities and Challenges Will We Face In                              10:00         Outlining the Current & Future Strategy For Securities                                       Roger Bottle, Managing Director, Capital Economics
                                                                                                                                                                                                                                                                                                                    Maria-Teresa Fabregas-Fernandez, DG Markt, Securities
                            the Short, Medium and Long term and What Can We                                              Markets regulation                                                                           One of the City’s best-known economists, Roger Bootle specialises
                                                                                                                                                                                                                                                                                                                    Markets, EU
                            Do about It?                                                                                 Alexander Justham, Director of Markets, Financial
                                                                                                                                                                                                                      in macroeconomics and the economics of the property market. He
                                                                                                                                                                                                                      was formerly Group Chief Economist of HSBC and, under the previous                            Karel Lanoo, Chief Executive Officer, Centre For
                            Senior Executive From Barclays Capital                                                       Services Authority                                                                                                                                                                         European Policy Studies
                                                                                                                                                                                                                      Conservative government, he was appointed one of the Chancellor’s
                                                                                                                         As this agenda is going to press, the first preview of MiFID 2 is                            panel of Independent Economic Advisers, the so-called “Wise Men”.                             Lisa Dallmer, COO European Cash Markets, NYSE
                                                                                                                         coming from the EU. The entire industry awaits its verdict. Join this                                                                                                                      Euronext




                                    StrEaM 1                                                                     StrEaM 2                                                                        StrEaM 3
        14:30 assessing the real risk Of a Flash Crash &                            14:30 Customising Your algos to achieve Maximum                                14:30 Evaluating Key Criteria For Broker review &                            14:30 Changing the Way the Markets Work & the Way                                14:30 assessing How trading Strategies Impact
                 How You Could Prepare For It                                                  Performance On Each trade                                           Selection: How Is the Changing trading Landscape                            they are regulated: What Could & Needs to Be Done?                                  Investment Style & Vice Versa – Dealing With
         Robin Griffiths, Strategist, Fund Manager, Cazenove                              Nick Nielsen, Head of Trading, Marshall Wace                              Impacting Your Broker Management Strategies?                                           Ruben Lee, CEO, Oxford Finance Group                                  Different Fund Managers & Investment Strategies
                           Capital Management                                      This case study will assess how you can use multiple algos to execute        Huw Gronow, Head Trader, Principal Global Investors                              The efficiency, safety, and soundness of financial markets depend on         Christopher Rice, Senior Managing Director, State Street
      At present most equity markets are rising. But they are of course in the     one trade. Every stage of the trade can have its own algo! Want to know         One of the main concerns of every buy side trader is the quality and        the operation of core infrastructure--exchanges, central counter-parties,                                 Global Advisors
     strong season of the year (late October to late May). Robin Griffiths will                               more, join this talk.                                price of their broker. Your broker review process will directly impact      and central securities depositories. How these institutions are governed        Your internal customers expect best execution and prices for each trade.
     examine the probability of another Flash Crash happening to us and how                                                                                       the overall performance of your desk, the profit margins and the final        critically affects their performance. Yet, despite their importance, there     Some fund managers get heavily involved in setting the trading strategy,
                             you could prepare for it.                                                                                                          bonus structure. If you are a broker, then finding out how your customers       is little certainty, still less a global consensus, about their governance.   some leave all up to you. Join this talk to find out what impact trading has
                                                                                                                                                                    appraise you is imperative! Join this case study to hear one view.            Join this presentation for some innovative ideas and a good debate.         on fund managers and how fund managers end up influencing your trading
                                                                                                                                                                                                                                                                                                                               patterns. This case study is bound to produce new ideas for gaining even
                                                                                                                                                                                                                                                                                                                                                      better control of each trade.

                                                                                  15:00 Unconventional Perspective: How Is Low Latency                                                                                                          15:15 Panel Discussion: repositioning Your trading                                 15:00 Panel Discussion: the role & Impact Of
                                                                                  Likely to Impact Your Business, Your trading Decisions                                                                                                       Strategy to adjust to MiFID 2: Products, relationships                                 Portfolio algos On Your trading Strategy
                                                                                                & the Market Landscape?                                                                                                                                      & Partnership Positioning                                        Lee Bray, Senior Trader, JP Morgan Asset Management
                                                                                   The demand for low latency services has soared in the last 12 months                                                                                                 Christian Katz, CEO, SIX Swiss Exchange                                      Nick Nielsen, Head of Trading, Marshall Wace
                                                                                     with premium routes knocking microseconds of each other to gain                                                                                                           Rainer Riess, Managing Director,                                 Matthew Rowley, Head of Quantitative Trading US, CA
                                                                                    an advantage. This presentation looks at what’s behind low latency,                                                                                                                Deutsche Boerse                                                                      Cheuvreux
                                                                                    assesses the sustainability of the model and trends forward a world                                                                                           This debate is designed to give you an opportunity to discuss and             Minimising the risks involved in portfolio trading is a fast-evolving
            15:00 Networking & Coffee In the Exhibition                           where the inefficiency of geography, time to decision and processing are              15:00 Networking & Coffee In the Exhibition                             debate the most pressing issues and challenges MiFID 2 presents to               art. The buy-side desk structure can influence the way the risk of
                                                                                   optimised. The presentation will also seek to draw parallels from other                                                                                      your business. The discussion will be structured to give you time and
        Join hundreds of solution providers, partners and peers for some of                                                                                         Join hundreds of solution providers, partners and peers for some of                                                                                          a portfolio trade is managed. If a rebalance is split up according
                                                                                         trading markets and predict likely future market trajectories                                                                                                  opportunity to voice your opinion and ask questions.
       the best networking in the world of trading and trading technologies.                                                                                       the best networking in the world of trading and trading technologies.                                                                                          to trader’s responsibilities, there can be significant unintended
         Thousands of buy side traders, sell side brokers, exchanges and                           Matthew Finnie, CTO, Interoute                                    Thousands of buy side traders, sell side brokers, exchanges and                                                                                          consequences. Other complexities of the trading process such as cash
      technology providers will be expecting to see you at TradeTech 2011.                                                                                        technology providers will be expecting to see you at TradeTech 2011.                                                                                         management or even shortterm alpha can create unexpected results.
                                                                                                                                                                                                                                                                                                                              Portfolio managers often don’t understand why their estimated trading
                                                                                                                                                                                                                                                                                                                               costs bear no resemblance to realised trading costs. Join this debate
                                                                                                                                                                                                                                                                                                                                to hear the latest thinking on portfolio trading. Get armed with the
                                                                                                                                                                                                                                                                                                                                             successful strategies to take to your desk.




       15:45 Panel Discussion: Practical Ways to Evaluate                                                                                                                 15:30 Presentation title to Be Confirmed                                                                                                             15:30 Panel Discussion: New approaches to Moving
           the Quality Of Liquidity In Different Venues                                                                                                              Rob Passarella, VP and MD of Institutional Markets,                                                                                                        Your Desk towards Cross-asset trading: Practical
               Toby Bayliss, Co-Head of Trading, Europe,                                                                                                                               Dow Jones                                                                                                                                                realities & rOI
                             Sanford C. Bernstein                                                                                                                                                                                                                                                                                Vincent Moojer, Investment Manager, Head of Equities
      Sylvia Carrasco, Investment Management Partner, Alion                                                                                                                                                                                                                                                                                               Trading, PGGM
                                      Capital                                                                                                                                                                                                                                                                                     Christoph B. Mast, Managing Director Global Head of
          Matthew Collis, Head of Trading, Brewin Dolphin                                                                                                                                                                                                                                                                                Trading, RCM, Allianz Global Investors
        Gavin Little Gill, Head of Asset Management Strategy,                                                                                                                                                                                                                                                                    Stuart Grant, Financial Services Business Development
                                     Linedata                                                                                                                                                                                                                                                                                                           Manager, Sybase
                                                                                          15:30 Networking & Coffee In the Exhibition                               16:00 Examining the New types of Smart Order                                      16:00 Networking & Coffee In the Exhibition
        Your boss, your fund manager and your investor don’t want you to                                                                                                                                                                                                                                                                 Philippe Buhannic, CEO, TradingScreen
      trade with toxic or unknown liquidity. Are you sure you are evaluating          Join hundreds of solution providers, partners and peers for some of         routers – What Can they Do For You & How Can You                                Join hundreds of solution providers, partners and peers for some of
                                                                                                                                                                                                                                                                                                                                     Martin Henning, Head of Trading, Kapitalanlage-
     the liquidity in different venues correctly and efficiently? What are your      the best networking in the world of trading and trading technologies.             Best Keep Control Of their Performance?                                   the best networking in the world of trading and trading technologies.
                                                                                                                                                                                                                                                                                                                                             Gesellschaft, BNY Mellon Service
     peers from other buy side firms doing to avoid toxic and non favourable           Thousands of buy side traders, sell side brokers, exchanges and                                                                                             Thousands of buy side traders, sell side brokers, exchanges and
                                                                                                                                                                   Victor Lebreton, Managing Director, Quant Hedge Juan                                                                                                         Cross asset trading is finally becoming mainstream. Everyone wants
                        liquidity? Join this panel to find out.                     technology providers will be expecting to see you at TradeTech 2011.                                                                                        technology providers will be expecting to see you at TradeTech 2011.
                                                                                                                                                                     Carlos Nieto, Founding Partner, Index Intelligence                                                                                                         to hedge for currency, while also trading fixed income on an equities
                                                                                                                                                                               Bradley W. Duke, Managing Director,                                                                                                            trading desk. Are you implementing the most successful ideas for your
                                                                                                                                                                                       Knight Capital Europe                                                                                                                  multi-asset trading. Hear from the pioneers. They have been trading on
                                                                                                                                                                   When the time comes to spend more money on smart order routers                                                                                              a multi-asset basis for a while. They know the algos, the TCA and the
                                                                                                                                                                   you will be reluctant to invest without seeing clear benefits, results                                                                                        best execution tricks you need on your desk to achieve top results.
                                                                                                                                                                   and advantages. This panel discussion is looking into the future of
                                                                                                                                                                 SORs. It will debate the different new approaches to building and using
                                                                                                                                                                  SORs. Find out the latest and most innovative strategies and ideas for
                                                                                                                                                                                                SORs here.

      16:15 Panel: Giving the Buy Side Exactly What they                                                                                                           16:30 Panel Discussion: Evaluating the Opportunity                            16:00 trading Strategies: Collaboration, Complexity,
      Need through a Customised approach to Execution                                                                                                              For trading In Emerging Markets – Focus On Fast &                                               & Connectivity
         Brian Mitchell, COO, Investment Division, Gartmore                                                                                                                      Efficient Market access                                              Jonathan Morton, VP of Product Marketing, IPC
       Rafael Molinero, CEO, Molinero Capital Management LLP                                                                                                     Adam Majerowski, Head Dealer, BZ WBK AIB Investment                             Today’s regulatory and competitive pressures are driving the need for
         Rob Shapiro, Global Head Of Trading And Execution                        16:15 Panel Discussion: Measuring the Health Of Your                                   Fund Corporation Senior Executive, Otkritie                            increased collaboration in the high touch trading arena and a need for              16:00 Networking & Coffee In the Exhibition
                   Consulting, Bloomberg Tradebook                                               trading Infrastructure                                              Roman Lokhov, CEO, Otkritie Securities Limited                              low latency, reliable connectivity on the low touch trading side. This         Join hundreds of solution providers, partners and peers for some of
          Ian Domowitz, Managing Director – Global Head of                                                                                                         Zina Psiola, Head of Emerging Markets, Clariden Leu                            session will provide an overview of the evaluation criteria that firms       the best networking in the world of trading and trading technologies.
                                                                                         Rob Lane, Markets Manager Electronic Trading,
      Analytical Products & Research, Investment Technology                                                                                                                                                                                          should employ when selecting a financial services-focused                   Thousands of buy side traders, sell side brokers, exchanges and
                                                                                                           Interactive Data                                       The risk is probably higher, but the potential returns are also greater.
                                      Group                                                                                                                                                                                                                               connectivity vendor.                                technology providers will be expecting to see you at TradeTech 2011.
                                                                                           Visit www.tradetecheurope.com for more information                     This panel discussion will assemble experts to give you insight and
      Customising every buy side trade is quickly gaining momentum among                                                                                           successful strategies for accessing and trading emerging markets.
       both buy side and the brokers. This panel is designed to discuss the
     exact requirements of the buy side and how to best take advantage of the
                       different options for customisation.

     16:50 trading Strategies: Collaboration, Complexity, &                                                                                                                                                                                     16:40 Overview Of MiFID: What Worked, What Didn’t                                 16:30 adapting Your trading Desk Strategies to
                         Connectivity                                                                                                                                                                                                                      & taking It to the Next Step                                                 Lower trading Volumes: adjusting
            Jonathan Morton, VP of Product Marketing, IPC                                                                                                                                                                                            Karel Lanoo, Chief Executive Officer, Centre For                                         to the “New Normal”
       Today’s regulatory and competitive pressures are driving the need for                                                                                                                                                                                      European Policy Studies                                         Matthew Collis, Head of Trading, Brewin Dolphin
      increased collaboration in the high touch trading arena and a need for                                                                                                                                                                     Join this presentation to hear the view from CEPS on MiFID. By the            Stephane Rougier, Global Structured Solutions Director,
       low latency, reliable connectivity on the low touch trading side. This                                                                                                                                                                  time this conference takes place MiFID 2 will be in full preparation and            Global Investment Solutions Aviva Investors
        session will provide an overview of the evaluation criteria that firms                                                                                                                                                                 implementation stage. Find out what worked and what still needs fixing           Brian Schwieger, Head of EMEA Algorithmic Trading,
     should employ when selecting a financial services-focused connectivity                                                                                                                                                                                                    in MiFID.
                                                                                                                                                                                                                                                                                                                                                BofA Merrill Lynch
                                      vendor.
                                                                                                                                                                                                                                                                                                                                 Charles Henderson, Head of Operations & Dealing,
                                                                                                                                                                                                                                                                                                                                                Invesco Perpetual
                                                                                                                                                                                                                                                                                                                                Jatin Suryawanshi, Head of Global Quant Strategies,
                                                                                                                                                                                                                                                                                                                                              Jefferies International

         17:00 Debating the Future Of the Buy/Sell Side                              17:00 Panel Discussion: Business Models For Best                                                                                                               17:00 Panel Discussion: Debating the Clearing                                 17:00 Buy Side Only roundtable Discussions &
                relationship In SOr technology                                       Execution: How to Win In the Global Market Place                                                                                                             Issue In the Current trading Landscape: Making It                                                 Debates
      Huw Gronow, Head Trader, Principal Global Investors                               While remaining a Successful Local Player                                                                                                                            Profitable & Mitigating risk                                         A series of buy side only roundtable discussions and debates
       Joe Wald, Managing Director, Knight Equity Markets                                              Moderated by: Sungard                                            17:00 Networking & Coffee In the Exhibition                             Clearing is one of the most costly and inefficient parts of the trading        designed to give buy side delegates a chance to network, exchange
           Simo Puhakka, Head of Trading, Pohjola Asset                                     Visit www.tradetecheurope.com for more information                      Join hundreds of solution providers, partners and peers for some of        processes. In addition, you have major risk management issues to deal                    strategies and ideas in a closed door environment.
                               Management                                                                                                                          the best networking in the world of trading and trading technologies.         with. Join this panel to discuss how clearing could be made easier,           This is a unique opportunity for you! Find out if your buy side peers
                                                                                                                                                                     Thousands of buy side traders, sell side brokers, exchanges and                  more efficient and more profitable for all parties involved.            are facing the same challenges as you are. Learn what strategies they
      Mark Goodman, Head of Electronic Services – Europe,
                            Société Générale                                                                                                                      technology providers will be expecting to see you at TradeTech 2011.         Sean Taylor, Director, Financial Intermediaries, Deutsche                             are using to trade in the current fragmented environment.
                                                                                                                                                                                                                                                                                Bank
      Are you sure your SOR is doing exactly what it says on the box? Why
     can’t you have more control over your trades? Join this discussion and                                                                                                                                                                       Nikki Beatie, Head, The Market Structure Practice
                 find out how you can take even better control.                                                                                                                                                                                                Senior executive, NASDAQ OMX
                                                                                                                                                                                                                                                                  Diana Chan, CEO, EuroCCP
                                                                                  17:30 Panel: Examining How algos On Chip technology                             17:20 DEBatE: technology & High Frequency trading
                                                                                    & Low Latency Will affect Your trading Strategy &                                        Will Normalise the Markets
                                                                                              Improve Your trading results                                          Nikki Beatie, Head, The Market Structure Practice
                                                                                     Daniel Sjoberg, VP Strategy, Business Development &                             Ken Yeadon, Managing Partner, Thematic Capital
            17:40 Networking & Coffee In the Exhibition                                                    Marketing, Level 3                                      Michael Levas, Founder and Chief Investment Officer ,
        Join hundreds of solution providers, partners and peers for some of                          Peter Duffy, CTO, Sumerian                                                  Olympian Capital Management
       the best networking in the world of trading and trading technologies.       John Greenan, Global Multi-Asset Connectivity Manager,                        Have you ever been to an Oxford Union style debate? Would you like to
         Thousands of buy side traders, sell side brokers, exchanges and                          BNP Paribas Fortis Investments                                give your views and vote on the motion at the end of the debate? What is
      technology providers will be expecting to see you at TradeTech 2011.                                                                                         your feeling about HFT? Will it kill or make the market of the future?
                                                                                    Software on chip technology used to be an attribute of sophisticated
                                                                                   fire arms and targeting technology. It is now becoming a reality in the
                                                                                  capital markets. You may be good at trading, but it you latency is not up
                                                                                  to it, then your competitors will outsmart you every time. Find out what
                                                                                                              the future holds.


       18:00         Guest Keynote address: Making Decisions, tackling Challenges & Dealing With Your Boss
                     General Sir Mike Jackson (ret), formerly Chief Of The General Staff, UK MOD
                     Three hundred Russian troops in a gesture of solidarity with the Serbs seized control of the airfield. General Clark ordered General Jackson to block the runway to prevent Russian reinforcement. Jackson squared up to him with the famous line: "Sir, I'm not going to start World War Three for you." Sounds interesting? Join this keynote address to find out more.

       19:00         tradetech 2011 Drinks reception


P4                          Phone: +44 (0)20 7368 9465                                                                              Email: tradetech@wbr.co.uk                                                                        Website: www.tradetecheurope.com
April 14th, 2011


              David Lester, CEO, Turquoise, Director,
              Info Services, London Stock Exchange                                   8:00          Coffee & registration                                                    markets more powerful than politicians? Will             11:00        Morning Coffee & Networking                                          shares traded for a single cent - a fraction of their
              Denzil Jenkins, Director of Regulation,                                                                                                                       the role Sovereigns play in the macro Securities                                                                                           value only minutes before the crash occurred.
              Chi-X Europe                                                           8:30          Chair’s Welcome address John                                             markets continue to escalate? When did we last                        Networking & Coffee In the Exhibition                                The cause of the Flash Crash was a mystery - and
              This panel discussion is without a doubt the most                                    Humphrys, Presenter & Broadcaster,                                       see such direct impact on the capital markets                         Join hundreds of solution providers, partners and                    it remains so. A ‘fat finger’ trade that might have
              popular and controversial on this year’s agenda.                                     BBC                                                                      from our public officials? How are the policies of                    peers for some of the best networking in the world                   caused a huge number of shares to be dumped on
              Everyone has an opinion about MiFID. Everyone                                                                                                                 more developed economies affecting the emerging                       of trading and trading technologies. Thousands of                    the market at a low price - has now been all but
              has concerns about MiFID. Everyone wants answers                       9:00          Dealing With Challenges & Making                                         markets? What does the Equities trader need to                        buy side traders, sell side brokers, exchanges and                   ruled out. So what did happened? Are you ready
              to how MiFID will shape the industry and their                                                                                                                know to adapt to this changing dynamic?                               technology providers will be expecting to see you                    for the next “flash crash”?
                                                                                                   Difficult Decisions In times Of
              business. Join this panel of top level industry                                                                                                                                                                                     at TradeTech 2011.
                                                                                                   Pressure                                                   10:00         European Market Structure, Liquidity                                                                                         12:30         Market Structure Panel Debate: Has
              players as they gaze into the MiFID crystal ball.
                                                                                                   Baroness Eliza Manningham-Buller,                                        and the race to redefine Business                                                                                                          the trading Landscape Become Driven
              Give your feedback, ask direct questions and get                                                                                                                                                                       11:30        Keynote Guest address: Building the
              honest answers from the industry movers and                                          Former Head, MI5                                                         Model Pre Mifid 2                                                                                                                          By random Price Fluctuation & How
                                                                                                                                                                                                                                                  Future For asset Management
              shakers.                                                                             Eliza Manningham-Buller has one of the shortest                          Moderated By Damian Bunce, Managing                                                                                                        Could We Change It?
                                                                                                                                                                                                                                                  Richard Lacaille, Chief Investment
                                                                                                   entries in Who’s Who, as might be expected of the                        Director, Head of Electronic Trading                                  Officer, State Street Global Advisors                                Peter van Kleef, Principal, Lakeview
13:00         Networking Lunch For Delegates &                                                     woman who knows, before even the Government                              Distribution, EMEA, Barclays Capital                                                                                                       Capital Market Services GmbH
                                                                                                   does, the nation’s most sensitive and secret                                                                                                   As Chief Investment Officer, Rick Lacaille has
              Speakers
                                                                                                   intelligence. In 2006, she gave a speech about                                                                                                 responsibility for all the investment management                     Neil Joseph, Vice President,
                                                                                                                                                              10:30         Inside the trader’s Brain: What Makes                                 activity at SSGA, including research and trading.                    Equity Trading, JP Morgan Asset
                                                                                                   the threat of terrorism to the West. Her officers
                                                                                                   were working to contend with some 200 groupings
                                                                                                                                                                            You trade the Way You Do?                                             Join Rick as he presents his views on the changing                   Management
                                                                                                   or networks, totalling over 1,600 identified                             Richard Peterson, Fund Manager,                                       role of the buy side trading desk. Gain a C-level                    Larry Tabb, Founder & CEO, Tabb
                                                                                                   individuals, who were actively engaged in plotting,                      Psychiatrist & Neuroeconomics Expert,                                 perspective on what will be expected of you                          Group
                                                                                                   or facilitating, terrorist acts here and overseas.                       MarketPsych.com                                                       tomorrow and in 3 years time and the strategy and                    Mark Hemsley, CEO, BATS Europe
                                                                                                   “We are aware of numerous plots to kill people                           You may not realise it, but there are biases that                     ideas behind these changes.
                                                                                                                                                                                                                                                                                                                       Daniel Coleman, Head of Client Services
                                                                                                   and to damage our economy. What do I mean                                lay deep within your brain that influence the way
                                                                                                                                                                                                                                     12:00        Flash Crash: What Happened, Why &                                    Business, GETCO
   14:30 Keynote address: Exploiting the Potential                                                 by numerous? Five? 10? No, nearer 30 - that we                           you trade. Unfortunately these biases are what
                                                                                                                                                                            lead you to sometimes making the wrong trading                        How Can We Prevent It In the Future?                                 Following on from the “flash crash” discussion,
   Of the Derivatives renaissance In Order to trade                                                know of. “ So how did she sleep at night? How
                                                                                                                                                                                                                                                                                                                       come join this debate to hear the different
         Innovatively Whilst Generating alpha                                                      did she manage to make the right decisions and                           decisions. But by really understanding how                            Larry Tabb, Founder & CEO, Tabb
                                                                                                                                                                            your brain works, and retraining, you can avoid                                                                                            opinions on the current market structure and its
                                                                                                   outsmart this army of terrorists, bomb plotters                                                                                                Group
    Hear from a prominent Head of equity derivatives about the big                                                                                                                                                                                                                                                     future direction. Many asset managers believe
                                                                                                   and enemies? Join this inspirational talk to learn                       situations where most traders take a wrong turn.                      Everyone recalls clearly the scene of confusion
derivatives revival, where the market is heading, as well as thoroughly                                                                                                                                                                                                                                                that the current pricing models don’t have a future
                                                                                                   just how, and then take some interesting ideas                           Gain expert views into the mind of the market with                    on the afternoon of Thursday 6 May 2010, when
  understanding the challenges that arise from increased regulatory                                                                                                                                                                                                                                                    and things should be changed dramatically. What
                                                                                                   back home.                                                               some of the latest findings from neuroscientists,                     the US stock markets, suddenly and without
                  oversight and clearing transparency.                                                                                                                                                                                                                                                                 is the solution? Is random good or bad? Join this
                                                                                                                                                                            financial practitioners, and psychologists. This                      warning, nosedived. Half of the traders were
             Erik Böss, Global Head of Derivatives,                                  9:30          the return of the Political Economy                                      keynote provides both buy side and sell side asset                                                                                         debate to voice your opinion and consider all
                 RCM Allianz Global Investors                                                                                                                                                                                                     looking at the TV screens to see if there had been                   options for market restructuring.
                                                                                                   Paul Donovan, Managing Director and                                      managers with insights and tools to improve their                     some worldwide catastrophe that had not been
                                                                                                   Global Economist, UBS                                                    decision making in today’s chaotic markets. A                         broadcast yet. The other half were looking behind
                                                                                                                                                                            great opportunity to learn how to take control of                                                                            13:10         Lunch & Networking
                                                                                                   In an environment that is becoming increasingly                                                                                                the computers to see if the cables were plugged
                                                                                                   impacted by geo-political and regulatory events,                         one’s reactions to moves in the market.                               in. Shares in consumer products giant Procter
    15:00 regulation Panel: Getting to Grips With                                                  Paul will address critical questions such as: Are                                                                                              & Gamble alone fell almost 40 per cent. Some
   the Intricacies and repercussions Of Impending
  Derivatives regulation So that the rules Give You
          Opportunities Instead of Challenges
 Find out from the regulators exactly what is in the regulatory pipeline
  and why. How do they expect the markets to respond? What impact
 do they think increased oversight will have on the derivatives trading
  boom? Make sure you take this chance to give them your feedback
and grill them on what they are doing for you to ensure you always will     14:15 Panel Discussion: Strategies For Managing                                  14:15 Powering the Exchanging World                             14:15 Panel Discussion: Managing risk On Your trading                         14:15 Dragon’s Den: Derivatives Electronic toolkit
                   trade equity derivatives efficiently.                       Fund Managers’ Choices Of Best Execution                                                   NYSE Technologies                                     Desk: Systemic risk, trading risk, Currency risk                        If you want to upgrade your derivatives trading desk so that you can take
                           Moderated by:                                        Tom Ungi, Head of Trading, Millenium Capital                                                                                                   Rafael Molinero, CEO, Molinero Capital Management                           advantage of derivatives standardisation imposed by the regulators,
 Anthony Belchambers, Chief Executive Officer, Futures                                                 Partners                                                                                                                                                 LLP                                          then investing in the technology to allow you to trade electronically
               and Options Association (FOA)                                  Kim Johannessen, Chief Technology Officer, GLG                                                                                                  Steven Grady, Head of Global Dealing, Barclays Wealth                        is the next big challenge you face. Our objective is to help you make
María Teresa Fábregas Fernández, Deputy Head, Internal                                                 Partners                                                                                                                                                                                             the right technology decisions. Best-of-breed technology providers
                                                                                                                                                                                                                              Juan Carlos Nieto, Founding Partner, Index Intelligence
    Market and Services DG, European Commission                                                                                                                                                                                                                                                            will present their solutions and you will learn from the questions and
                                                                             You and your fund manager should make a team. Sounds right?                                                                                      Risk has moved to the top of everyone’s agenda. Managing it, means          challenges posed by your peers and competitors. Categories include:
   David Bailey, Manager, OTC Derivatives & Post Trade                        This panel discussion is dedicated to effective fund manager                                                                                   knowing it. Knowing it, means tracking it on a daily basis. Your trading   Order Management System, Execution Management System, Algo’s and
             Policy, Financial Services Authority                             management. It will discuss strategies you can implement to                                                                                    risk is different from your investment risk, but both must be considered                                    Connectivity.
   Diego Valiante, Research Fellow, European Capital                           achieve true best execution without going against your fund                                                                                                                     jointly.
                                                                                 manager’s choices. Find out about the best tactics here.                                                                                                                                                               Rustam Lam, Director, Global Head of Marketing, RealTick
                         Markets Institute
                                                                                                                                                                                                                                                                                                           Dave Cliff, Director UK Large-Scale Complex IT Systems
                                                                           15:00 afternoon Coffee & Networking                                                                                                                         15:00 afternoon Coffee & Networking                                                  Initiative, University of Bristol
                                                                                                                                                                                                                                                                                                                               EMS technology provider:
      15:45 Networking & Coffee In the Exhibition                                                                                                                                                                                                                                                                 Nitin Gambhir, CEO, Tethys Technology, Inc.
  Join hundreds of solution providers, partners and peers for some of
 the best networking in the world of trading and trading technologies.          15:45 Panel Discussion: Understanding EtF                                15:45 Developing an Effective Compliance &                          15:45 Panel Discussion: Developing a trading Strategy                             15:15 Presentation: a European Legislator’s
   Thousands of buy side traders, sell side brokers, exchanges and                        Liquidity and trading                                           Monitoring Strategy On Your trading Desk                              For Different Fund Managers – Different trading                                   Perspective On Derivative Instruments
technology providers will be expecting to see you at TradeTech 2011.                         Bruno Poulin, CEO, Ossiam                                      Chris Simms, COO, Gartmore Investment                                 Methods For Different Investment Strategies                            Dr. Kay Swinburne, Member, Committee on Economic
                                                                               Daan F. Potjer, Managing Partner & Fund Manager,                                                Management                                          Giovanni Beliossi, Managing Partner, FGS Capital                             and Monetary Affairs, European Parliament
                                                                                             Aethra Asset Management                                    Does your desk have the next rogue trader trading under your            Tim Enneking, Chairman, Altima Asset Management                         With a background in capital markets, Kay has been active lobbying the
 16:15 Battle Of the Platforms Debate: Best Practice                             Stephane Rougier, Global Structured Solutions                        management? What if they get out of control and bring down your                David Miller, Equity Dealer, Invesco Perpetual                      EU on the best possible regulatory framework for MiFID II. She will be
    Derivatives Venue Selection For the Buy Side                            Director, Global Investment Solutions, Aviva Investors                    business? The difficulties of monitoring and effectively identifying                                                                              offering you her first-hand insight in to how EU regulation is created and
                                                                                                                                                                                                                              Every fund manager has their own style of investment. This style often
                                                                              Benjamin Fussien, Global Head of ETF Distribution,                     unusual behaviour on your desk are apparent. The solutions are not.                                                                                  how market participants can better communicate with politicians and
                       Introducing Competition                                                                                                                                                                                 determines, limits or enables your trading style. What are the factors
                                                                                                    Société Générale                                    Hear this case study to find out one solution to the problem.                                                                                                                   regulators.
           Natan Tiefenbrun, Commercial Director,                                                                                                                                                                                to consider? Have you come to a perfect equilibrium between the
       Turquoise-London Stock Exchange Group                                 Michael Levas, Founder and Chief Investment Officer,                                                                                              investment style of your fund manager and your trading style? If not,
                                                                                          Olympian Capital Management                                                                                                          then this session will share some insights into balancing investment
Find out how already established and new equity derivatives platforms
                                                                              Liquidity is a word that pops up often in the markets, but what it                                                                              and trading strategies to achieve maximum returns and minimise cost
 are distinguishing themselves and assess which one is best in class                                                                                                                                                                                                                                           15:45 Networking & Coffee In the Exhibition
                                                                             means for ETFs isn’t necessarily what it means for other types of                                                                                                               of trading.
 for you to deliver value, increase efficiency, improve liquidity, bring
 standardisation as well as transparency for achieving best execution.                          securities and asset classes.                                                                                                                                                                              Join hundreds of solution providers, partners and peers for some of
                                                                             A common assumption is that an ETF’s liquidity is determined by                                                                                                                                                              the best networking in the world of trading and trading technologies.
                 Followed by the panel discussion                                                                                                                                                                                                                                                           Thousands of buy side traders, sell side brokers, exchanges and
           Natan Tiefenbrun, Commercial Director,                          its trading volume, but that isn’t necessarily so. The trading volume
                                                                           is more of an indicator of a funds popularity and how much it traded                                                                                                                                                          technology providers will be expecting to see you at TradeTech 2011.
       Turquoise-London Stock Exchange Group
                                                                            in the past – not how liquid it is. Get a good understanding on how
                                                                            your desk can take advantage of the ETF liquidity during this panel.
  17:00 Fragmentation Panel Discussion: Will there                                                                                                                                                                                                                                                         16:15 Panel Discussion: How Should Derivatives
  Be Market Fragmentation For trading and Clearing                                                                                                                                                                                                                                                       Clearing Be Opened to Competition and How are the
 Venues In Derivatives and How Can You Source the                                                                                                                                                                                                                                                                   CCPs Improving their Services
    Best Liquidity at the Lowest Cost at all times                                                                                                                                                                                                                                                      Exploit how central clearing can make your business grow by providing
 Stimulated by regulation and clearing requirements, market structure                                                                                                                                                                                                                                   more transparency, reducing transaction costs, lowering systemic risk
is evolving very quickly. Hear about how derivative platforms are taking                                                                                                                                                                                                                                          and distribute risk through a central clearing agent.
 shape, where they are coming from. What does it mean for the market                                                                                                                                                                                                                                             Visit www.tradetecheurope.com for more information
   and which successful stories they can bring you which will benefit
                           your trading desk?                              16:30 Panel Discussion: assessing the role & Cost                           16:30 Examining How algos Can Unintentionally                         16:30 Examining How algos Can Unintentionally Cause
 Terence Nahar, Investment Director, Investment Solutions                    Of Consolidated tape & accurate Data For Your                              Cause a Flash Crash - and What Can Be Done                              a Flash Crash - and What Can Be Done about It
 Team, Scottish Widows Investment Partnership (SWIP)                                          trading Desk                                                                about It                                                Christopher D. Clack, Chairman, Financial Stability
                Mike Chadney, CEO, CityOdds                                   Andrew Allwright, Business Manager Transactions                          Christopher D. Clack, Chairman, Financial Stability                                           Research Forum, UCL
 Bertrand d’Anselme, Head of Listed Derivatives Clearing                                    Analytics, Thomson Reuters                                                   Research Forum, UCL                                    There is an argument that the flash crash was caused by algos. The
                  and Execution, BNP Paribas                                     David Berry, IPUG, COSSIOM, FISD Executive                          There is an argument that the flash crash was caused by algos. The       machines panicked and sent the world into chaos. If you would like an
                                                                             Committee Member & Market Data Global Sourcing,                         machines panicked and sent the world into chaos. If you would like        explanation of what happened without getting too technical, then this
                                                                                                         UBS AG                                      an explanation of what happened without getting too technical, then      presentation offers a lot of answers to some of the questions about the
                                                                                Andre Kelekis, Head of Global Market Data, BNP                        this presentation offers a lot of answers to some of the questions      market crash. Find out if your trading desk is no longer run by you but
                                                                                                         Paribas                                      about the market crash. Find out if your trading desk is no longer                            by your machines and algos.
                                                                            Nikki Beatie, Head, The Market Structure Practice                                    run by you but by your machines and algos.
                                                                           Arguments against a consolidated tape for Europe include the cost
                                                                            of such a project - and who would bear that cost-and uncertainty
                                                                           over who would fulfill the role of administrator; the fact that, unlike
                                                                               the US, no equivalent of the National Market System exists in
                                                                              Europe for onward-routing of stocks between venues to ensure
                                                                             investors’ trades are executed at the best price; and the fact that
                                                                           commercial pressures in the US are now overtaking the limitations
                                                                           of the CTA model. Join this debate to hear the different arguments
                                                                           for and against consolidated tape. Make your voice heard, propose
 17:35 Case Study: risk Management In Derivatives                              new ideas and solutions to the problem. Debate and discuss.
 trading and How to Improve Your risk Management                                                                                                                                                                                                                                                        16:45 Panel Discussion: Identifying Synergies Between
Systems to Provide You Guidance On the Most Sound                                                                                                                                                                                                                                                       Equities & Derivatives trading to Successfully replicate
                      System                                                                                                                                                                                                                                                                              Positive Equities Experiences Onto the Derivatives
Discover useful methods for measuring and managing the major risks                                                                                                                                                                                                                                                             Landscape
       your desk is facing and get ready for regulatory changes
                                                                                                                                                                                                                                                                                                            Many organisations trade derivatives and equities from the same
· Demonstrating a state of the art risk management capability satisfy                                                                                                                                                                                                                                    desk. How can technology be better blended to make this multi-asset
                the demands of clients and regulators                                                                                                                                                                                                                                                    specialisation even more seamless? Can speed and liquidity from one
     · As integrated risks will be a higher priority in tomorrow’s                                                                                                                                                                                                                                        desk be transposed onto another? Understand the synergies between
 unpredictable financial environment, how can you improve your risk                                                                                                                                                                                                                                     these two types of trade so you can make sure your trading desk stands
       management systems and OTC derivatives processing?                                                                                                                                                                                                                                                                      out from your competitors.
    Yury Dubrovsky, Chief Risk Officer, Lazard Asset                                                                                                                                                                                                                                                                   Jeremy Bezant, Partner, RFQ-Hub
                           Management                                                                                                                                                                                                                                                                      Anders Kulp, Head of Trading, Estlander & Partners
                                                                                                                                                                                                                                                                                                             Yury Dubrovsky, Chief Risk Officer, Lazard Asset
                                                                                                                                                                                                                                                                                                                                    Management




                                                                              17:15         Non Verbal Communication – Preview Of the Seminar By Joe Navarro On april 15th
                                                                                            Given that body language accounts for 60-80% of all interpersonal communication it is a necessity not a luxury to be able to decipher what others are truly thinking, feeling, desiring, or intending. The skill to
                                                                                            understand and use nonverbal communications gives you a significant advantage over your peers, your colleagues, and your competition. Nonverbal intelligence is a requirement to effectively differentiate yourself
                                                                                            and your business in a competitive environment.
                                                                                            Join this sneak preview of the seminar taking place on the 15th of April. You will not regret spending the time or the money, learning how to influence colleagues, competitors and clients. Become smarter than
                                                                                            others through effective non verbal communication.



                                                                              17:45         End of Conference



                                        Phone: +44 (0)20 7368 9465                                                                 Email: tradetech@wbr.co.uk                                                                      Website: www.tradetecheurope.com                                                                                                                  P5
April 12, 2011
                                                                                          High Frequency Trading: Challenges, Threats &
                                                                                          Opportunities For Long Only Buy Side & Brokers
        this Focus Day is dedicated to High Frequency trading – how it works as a strategy, the impact it has on the markets, and the technology needed to make it work for you. It will provide you with the facts beyond the industry hype. It will give
        you the tools and business strategies to establish your own HFt business. If you are interested in creating a low latency, robust and state-of-the-art trading platform, this is the event for you. Meet the exchanges and brokers and find out how
                                                 their platforms are changing. Learn from HFt firms and prop desks what works and what doesn’t in the high stakes big profits HFt game. Don’t get left behind!
       8:30       Chair’s Welcome address                                                                                                                   John Greenan, Global Multi-Asset Connectivity Manager,
                                                                                                                                                            BNP Paribas Fortis Investments
                  David Smith, Economics Editor, The Sunday Times
                                                                                                                                                            Remco Lenterman, Managing Director,
                  “For me, the crisis ushered in the busiest period I have known. Most economic and financial crises follow                                 IMC
                  a set pattern. Either governments and central banks deliberately engineer slowdowns which spill over into                                 Martin Ekers, Head of Dealing,
                  recession or there is a big initial economic “shock”, such as a sudden rise in oil prices, followed by a series                           Northern Trust Global Investments
                  of smaller aftershocks. This was different. The shocks kept coming and increased rather than decreased                                    Prof Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative,
                  in intensity. The initial events, the crisis for some US mortgage lenders, the problems at two Bear Stearns                               University of Bristol
                  hedge funds followed by difficulties at some European banks and then the run on Northern Rock, almost
                                                                                                                                                            Is HFT good for the world? Many argue it will eventually kill the market. Others rightly point out that HFT
                  paled into insignificance in comparison with what followed. …. There were times when, even professionals
                                                                                                                                                            provides well over 50% of your daily liquidity. We don’t want to live with it, but can’t live without it. Which
                  thought their money was safest under the mattress. … The truth was, however, that if the banking system
                                                                                                                                                            side are you on? Join this live debate to hear the different sides of the HFT story. Don’t listen to the hype,
                  went down there would be no compensation. There would be no economy. How did we get to such a
                                                                                                                                                            decide for yourself. All participants in this debate represent a different viewpoint on HFT. They will present
                  situation?” From “The Age of Instability” by David Smith.
                                                                                                                                                            you with a comprehensive picture on HFT and a great spectacle in a form of a debate.
                  Join David Smith as he opens the day on one of the most contentious subjects in the markets today – high
                                                                                                                                                 13:00      Lunch
                  frequency trading. Find out more about high frequency strategies and their impact on your business. Learn,
                  debate and make your decisions on HFT during this focus day.                                                                   14:30      High Frequency trading Strategies In the US: What Is the truth & How Is It Different From Public
                                                                                                                                                            Opinion
       9:00       Opening Guest address: How is regulation Shaping the Market and How Is the Market reacting?
                                                                                                                                                            Garrett Nenner, Managing Director, Global Markets, Momentum Trading
                  Larry Tabb, CEO, Tabb Group
                                                                                                                                                            Garrett J. Nenner’s experience in the financial markets ranges from the back-office to trading at well known
                  The SEC has put forward an initial set of proposals and a consultation paper on HFT. The UK FSA is currently
                                                                                                                                                            brokerage and money management firms. He currently runs the trading desk at a privately held hedge
                  working on a definitive strategy and approach to HFT. This review of the way electronic markets are used is
                                                                                                                                                            fund and is a practicing high frequency trader. This presentation will give you unique insight into HFT, its
                  a clear sign that HFT faces new regulation in the future but questions remain about the impact this will have.
                                                                                                                                                            strategies, practical realities of operating in high frequency world and the best ways of interacting with it.
                  Don’t miss this overview of the current regulation of trading landscape so that you can forecast its impact
                                                                                                                                                            What you hear in the media may or may not be true. Form your own opinion.
                  on your trading desk.
                                                                                                                                                 15:00      Developing an Effective Strategy to Interact With High Frequency traders In Light & Dark trading
       9:45       Developing & Implementing an Effective High Frequency Investment & trading Strategy: Looking at the
                                                                                                                                                            Environments
                  Business Model, Its Strengths & Weaknesses
                                                                                                                                                            Peter van Kleef, Principal, Lakeview Capital Market Services GmbH
                  Peter Nabicht, CTO, Allston Trading
                                                                                                                                                            This case study will show you some practical and easy to implement strategies for interacting with HFT.
                  Get to grips with HFT during this presentation. Find out how HFT strategies are designed, how profits
                                                                                                                                                            Most of your trades will inevitably interact with the HFT flow. You are likely to choose your trading venues
                  are achieved, what the challenges and threats are in a high frequency environment. Most of you will be
                                                                                                                                                            according to your strategy on HFT interaction and choice of flow. Join Peter van Kleef to see how you can
                  interacting with high frequency flow on most of your trades. If you think HFT is outsmarting your trading
                                                                                                                                                            take advantage of HFT, and not the other way.
                  strategy, then you may well be right! This presentation will show you how it is possible and what you can do
                  to win in the high frequency race.                                                                                             15:30      academic Presentation: High Frequency trading & Its Impact On the Markets – a View From the US
       10:15      Overview Of Market Structure, Its Dynamics & Future Changes In trading Structure: Citadel Perspective                                     Jonathan Brogaard, Kellog School of Management, North Western University

                  Matteo Cassina, President, Execution, Citadel Europe                                                                                      High Frequency Trading is not only the fastest growing subset of trading, it is equally profitable and controversial.
                                                                                                                                                            The public perception of HFT is incredibly negative with most people believing that it has a negative effect on price
                  Many argue that the traditional market maker model has been mostly replaced by high frequency trading, with
                                                                                                                                                            discovery, liquidity and that plainly put, it isn’t fair. Jonathan Brogaard will show you evidence that high frequency
                  inevitable changes to the trading landscape and traditional market structure. Has HFT impacted your trading
                                                                                                                                                            trading contributes to price discovery and liquidity. There is also evidence that it has a minimal impact on volatility
                  behaviour? What happened to the market makers? How do HFT firms see the market and what is their view of the
                                                                                                                                                            and may even reduce it. HFT demand for liquidity (42.7%) is slightly higher than their supply of liquidity (41.1%) and
                  future. Join this presentation to hear a view from a high frequency trading firm. Hear the truth from the “horse’s
                                                                                                                                                            they provide the inside quote about 65% of the time. If HFTs were not market participants, the average lot trade (100
                  mouth”. You may be surprised by what you hear about HFT and its role in the marketplace.
                                                                                                                                                            shares) would have an adverse price movement of $0.013 more than it does currently (for trades of 1000 shares,
       10:45      Morning Coffee                                                                                                                            the adverse price movement would be $0.056).
       11:15      PaNEL DISCUSSION: Building Intelligent & Efficient regulation to Help Bring Consistent transparency &                          16:15      afternoon Coffee
                  Fair Play to the Markets: a View On HFt
                                                                                                                                                 16:45      PaNEL DISCUSSION: assessing How High Frequency trading Has affected Pricing Fluctuations, Your
                  Tim Rowe, Manager, Trading Platforms and Settlement Policy,                                                                               trading Strategy & Investment – are We Playing In a Casino?
                  Financial Services Authority
                                                                                                                                                            Michael Levas, Founder and Chief Investment Officer,
                  Rhodri Preece, Director,                                                                                                                  Olympian Capital Management
                  CFA Institute
                                                                                                                                                            Peter Nabicht, CTO,
                  David Beardsworth, Securities & Markets Team,                                                                                             Allston Trading
                  HM Treasury
                                                                                                                                                            Garrett Nenner, Managing Director, Global Markets,
                  Having heard Larry Tabb analyse the current state of HFT regulation join this panel discussion to debate                                  Momentum Trading
                  and question the regulators themselves. MiFID 2 should be at the top of your agenda, because it is bound                                  Nick Nielsen, Head of Trading,
                  to affect your trading strategies and business plans. Join this panel discussion to hear about the regulatory                             Marshall Wace
                  plans and to have an open discussion with the regulators. Make your voice heard, ask questions and prepare
                                                                                                                                                            Retail and institutional investors have been stunned at recent stock market volatility. The proliferation of a
                  for the future.
                                                                                                                                                            new generation of very profitable, high-speed, computerised trading firms and methods that are causing
                                                                                                                                                            retail and institutional investors to chase artificial prices. Do you really believe that you are chasing artificial
       12:00      DEBatE: Is High Frequency trading Good For Your Business, the Market & End Investors?
                                                                                                                                                            prices? This panel debate is all about the future of the markets and the role of HFT in the trading landscape.
                  Matteo Cassina, President, Execution,                                                                                                     Are you trading in a casino? If yes, who is the house? Find out the different views on the matter and make
                  Citadel Europe
                                                                                                                                                            your opinion heard.


                                                                                                                              April 15th, 2011
                                       Interactive Seminar: Mastering the Art of Nonverbal Communications
                                               To Win More Clients & To Become An Effective Leader
                                                                              By Joe Navarro, Former FBI Agent, World Specialist On Non-Verbal Communication

      Given that body language accounts for 60-80% of all interpersonal communication, it is a necessity not a luxury to be able to decipher what others are truly thinking, feeling, desiring, or intending. Understanding and using nonverbal communications gives you a significant
                                              advantage over your peers, your colleagues, and your competition. Nonverbal intelligence is a requirement to effectively differentiate yourself and your business in a competitive environment.
     In this seminar, which is based on his lectures at the Harvard Business School, Joe Navarro, a world-leading expert on the applied use of nonverbal communication and ex-FBI special agent, will provide you with the crucial insights you need to effectively assess and influence
                                                others. Drawing on his decades of experience in behavioral sciences and 25 years in the FBI, Joe will take a fresh look at nonverbal intelligence as a skill to differentiate you and your business.
                                                                                          Because when all the competition looks alike, it’s mastery of nonverbal intelligence that can set you apart.

        Useful In Management, Negotiations, Client Relations                                                                                      Practical Ways To Win
        And Due Diligence, Joe Will Show You:                                                                                                     This seminar will be practical, detailed, and full of valuable pointers on how to lead, how to communicate
                                                                                                                                                  more effectively and how to ensure that you have the best interpersonal relations with those you interact.
                                                                                                                                                  You will be better able to take advantage of the information others are giving away, while at the same time
        •	 how	to	“pierce	the	veil”	so	that	you	can	interact	with	others	and	negotiate	more	effectively.	
                                                                                                                                                  creating a more positive environment for your employees, customers and clients.
        •	 how	to	properly	observe	others	to	understand	their	true	thoughts,	feelings,	desires	and	intentions.
        •	 how	to	differentiate	you	and	your	business	using	strategies	which	will	positively	influence	others.	                                   Thought provoking, educational and entertaining, the seminar will leave you with information you can
                                                                                                                                                  immediately put to use. It will change the way you do business. It will open new frontiers into interpersonal
        •	 how	to	manage	your	own	“curbside	appeal”	by	utilizing	the	powerful	influence	of	nonverbals.	
                                                                                                                                                  communication and client mastery.
        •	 the	importance	of	psychological	comfort	and	how	creating	a	“comfort	dividend”	ensures	first	and	
           last impressions that inspire and attract others.                                                                                      This material is highly applicable to any business person, particularly senior managers, those who manage
        •	 how	“movement	to	action”	is	one	of	the	primary	ways	we	inspire	and	create	brand	loyalty.	                                              teams, sales people or for those conducting due diligence.
        •	 why	the	“Four	Imperatives®”	are	critical	to	success	and	why	mastering	them	gives	you	the	potential	                                    Here	is	your	rare	opportunity	to	learn	from	the	expert—the	ex-FBI	Special	Agent,	“Spycatcher,”	Harvard	
           to be not just great, but exceptional.                                                                                                 lecturer and bestselling author (What Every Body is Saying), Joe Navarro.

                                                                                                                                                                                              Official TradeTech                                 The Official Newspaper of
       Media partners:                                                                                                                                                                      Communications Agency                          TradeTech 2011 Published by The Trade




P6                        Phone: +44 (0)20 7368 9465                                                 Email: tradetech@wbr.co.uk                                             Website: www.tradetecheurope.com
Lead Sponsor:
                                                            Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides              best execution. Our equities and options algorithms are integrated with an end-to-end electronic trading product suite that includes our
                                                            large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk             dynamic smart order router, LX® Liquidity Cross, our internal crossing network, and Portfolio WebBench®, our leading-edge analytics
                                                            management needs. Barclays Capital has offices around the world, with the global reach, advisory services and distribution power to                 platform for pre-, post-, and intra-trade performance analysis. By leveraging these tools, our Electronic Sales Trading teams work closely
                                                            meet the needs of issuers and investors worldwide.                                                                                                  with our clients to provide them with custom solutions and execution consultancy to help give them a competitive edge.

                                                            Barclays Capital is an acknowledged leader in advanced equity products and services. Our sales and trading teams provide clients                    BARX is Barclays Capital’s award-winning electronic services offering, which provides electronic execution across fixed income, FX,
                                                            with distinctive trading insight, full-service trade execution and customised solutions across all products. Through a comprehensive                futures, commodities, money markets, emerging markets, structured products and equities. For further information, please visit our
                                                            offering of electronic trading solutions, Barclays Capital Equities provides intelligent access to unique liquidity to help our clients achieve     website at www.barclayscapital.com or call +44 (0) 20 7773 8500.




    Principal Sponsors:
                                          Bank of america Merrill Lynch Global Execution Services offers a full suite of premier equity trading solutions                                                               London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates
                                          enhanced by the firmís vast global resources, access to superior liquidity, world-class technology and leading scale                                                          a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa
                                          positions in the capital markets. The range of offerings includes capital commitment and block trading, portfolio trading,                                                    Italiana; MTS, Europe’s leading fixed income market; and Turquoise, offering pan-European and US lit and dark
                                          direct market access, sophisticated quantitative analytics and research, and our powerful algorithmic trading platform.                                                       equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital
                                          Located in 40 countries around the world, Bank of America Merrill Lynch provides clients with global and multi-asset                                                          markets. The Group is a leading developer of high performance trading platforms and capital markets software and
                                          class offering. For more information, go to: www.baml.com                                                                                                                     also offers its customers around the world an extensive range of real-time and reference data products and market-
                                                                                                                                                                                   leading post-trade services. Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500
                                          BNP Paribas (S&P AA) is one of the six strongest banks in the world and the largest bank in the eurozone by                              people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com
                                          deposits.
                                          GECD is the business line within CIB which combines the complementary activities of Structured Equity, Flow &                                                                   NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading
                                          Financing and Commodity Derivatives.                                                                                                                                            technologies. The company’s exchanges in Europe and the United States trade equities, futures, options, fixed-
                                          Structured Equity and Flow & Financing offer a full range of innovative equity, index and fund-linked products. In                                                              income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured
                                          addition, they offer a comprehensive range of research and execution services in Asian equity products and their                                                                Products), NYSE Euronext’s equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE
   derivatives. Commodity Derivatives offers a full range of price risk management solutions.                                                                                                                             Alternext and NYSE Arca – represent one-third of the world’s equities trading, the most liquidity of any global
   BNP Paribas Securities Services is a wholly-owned subsidiary of the BNP Paribas Group. We are Europe’s leading securities services provider and provide                                                                exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and
   post-trade administration solutions to buy-side and sell-side financial institutions and issuers. Our network is one of the most extensive in the industry,                     the world’s second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market
   covering over 100 markets with our own offices in 32 countries. We bring together local insight and a global network to enable our clients to maximise                          data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index
   their market and investment opportunities worldwide.                                                                                                                            and Fortune 500. For more information, please visit: http://www.nyx.com
                                         Part of the Crédit agricole Group, CA Cheuvreux is the 1st pure-agency European equity broker. Its historical,
                                         multi-local model positions CA Cheuvreux as a cutting edge outperformance provider for its 1,200 Institutional                                                                     realtick is the industry’s premier multi-broker, broker neutral, global, multi-asset trading platform, available through
                                         Investor clients. CA Cheuvreux offers extensive, high value-added services in Research, Sales and Execution. With                                                                  its flagship Execution Management System desktop, comprehensive data and trading APIs, RealTick for Microsoft
                                         90 analysts and economists, and an unparalleled coverage of 700 stocks, CA Cheuvreux is continuously ranked in                                                                     Excel® plug-in, FIX and RealTick Mobile™. RealTick’s ease of use, unsurpassed flexibility and fully customisable
                                         the Top 5 for European Country research and Top 3 European Corporate Access provider. CA Cheuvreux provides                                                                        trader experience delivers intuitively integrated analysis, execution and evaluation for smarter decision making and
                                         extensive market access to 100 execution platforms worldwide including all major MTFs and Dark Pools. Ranked                                                                       better investment performance through the trading cycle. This includes advanced trading tools; unrivalled electronic
   n°1 in Sales Trading Client Service, CA Cheuvreux’s execution specialists offer a wide spectrum of first-class products: DMA, Algorithmic Trading, Global                                                                access to leading global brokers and their products, plus exchanges, ECNs, ATSs and alternative pools of liquidity;
   Portfolio Trading, Equity Swaps and its own internal crossing engine.                                                                                                           real-time market and derived data, news, pre- and post analytics and proven risk management suite. Used by institutions, broker-dealers and traders
                                                                                                                                                                                   worldwide, RealTick is supported by state-of-the-art global data centers, network redundancy and world class client service model for ultimate stability,
                                          Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader                       resiliency and reliability. www.realtick.com. *RealTick is a registered trademark of Townsend Analytics, Ltd.
                                          in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With
                                          77,053 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The                                                               SunGard is one of the world’s leading software and technology services companies. It has more than 20,000
                                          bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional                                                              employees and serves 25,000 customers in 70 countries, providing software and processing solutions for financial
                                          value for its shareholders and people. www.db.com                                                                                                                              services, higher education and the public sector. SunGard also delivers disaster recovery services, managed IT
                                          autobahn® Equity is Deutsche Bank’s global electronic trading platform, offering smarter liquidity in over 60                                                                  services, information availability consulting services and business continuity management software. With annual
   trading venues globally. Allow Deutsche Bank’s Smart Order Router to manage your execution needs using proprietary routing logic to intelligently access                                                              revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business
   displayed liquidity, or use SuperX to seek dark liquidity while offering a sophisticated level of order protection. For further information on autobahn® Equity:                                                      software and IT services company. For more information, please visit www.sungard.com
   aesales.emea@db.com                                                                                                                                                             About SunGard Solutions for Global Trading SunGard provides equities, futures, fixed income and options traders with multi-asset, front-to-back trading
                                                                                                                                                                                   and risk management solutions on 110+ markets worldwide. SunGard’s Valdi supports the entire trade lifecycle, and includes market data, integrated
                                           Goldman Sachs is a leading global investment banking, securities and investment management firm that provides                           trade and order management systems, advanced and smart execution services, risk management, and clearing and settlement solutions. SunGard’s
                                           a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial                   Protegent provides the tools to manage global regulatory compliance, surveillance and suitability requirements. SunGard’s global trading solutions help
                                           institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest                          buy and sell-side firms achieve increased performance, low latency and execution across multiple platforms, instruments and geographies. www.sungard.
                                           investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo,                      com/globalelectronictrading Contact us: info.globaltrading@sungard.com
                                           Hong Kong and other major financial centers around the world.
                                           Goldman Sachs Electronic Trading provides clients with the necessary tools to manage their trades from start to
                                                                                                                                                                                                                           thomson reuters is the world’s leading source of intelligent information for businesses and professionals. We
   finish, from pre-trade analytics to post-trade analysis. Clients access our products via FIX or our top-ranked EMS platform, REDIPlus®. Customers can
                                                                                                                                                                                                                           combine industry expertise with innovative technology to deliver critical information to leading decision makers in
   seek liquidity using our suite of multi-asset algorithms, route to optimal destinations using our SIGMA smart router, and take advantage of non-displayed
                                                                                                                                                                                                                           the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world’s most
   liquidity through our SIGMA and SIGMA X non-displayed liquidity suite. Along with providing clients access to global equity markets, we also offer FX,
                                                                                                                                                                                                                           trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota,
   Futures, and Options across North America, Europe, and Asia.
                                                                                                                                                                                                                           Thomson Reuters employs 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed
                                         Investment technology Group, Inc., is an independent agency research broker that partners with asset managers                                                                     on the Toronto and New York Stock Exchanges. For more information, go to www.thomsonreuters.com
                                         globally to improve performance throughout the investment process. A leader in electronic trading since launching
                                         the POSIT® crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional                                                            UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in
                                         liquidity, execution services, analytical tools, and proprietary research insights grounded in data. Asset managers                                                               Switzerland. We combine our wealth management, investment banking and asset management businesses with our Swiss
                                         rely on ITG’s independence, experience, and intellectual capital to help mitigate risk, improve performance, and                                                                  operations to deliver superior financial solutions and manage CHF 2.2 trillion in invested assets. UBS Direct Execution is the
                                         navigate increasingly complex markets. The firm is headquartered in New York with offices in North America,                                                                       firm’s global institutional electronic trading business. Direct Execution offers ultra-low latency Direct Market Access (DMA),
   Europe, and the Asia Pacific region. For more information on ITG, please visit www.itg.com.                                                                                                                             a suite of award-winning advanced Algorithmic Trading strategies, a state-of-the-art analytics platform — offering Real-Time
                                                                                                                                                                                                                           TCA — called UBS Fusion, and a multi-asset international execution management system called UBS Pinpoint.
                                          Knight is a global financial services firm that provides trade execution, research, asset management and capital
                                          market services across multiple asset classes. The firm is consistently ranked as a leading source of liquidity in                                                               The Xetra business unit of Deutsche Börse provides listing, trading and clearing services for issuers, intermediaries
                                          U.S. equities with over 10 billion shares traded daily. Knight has a growing global presence with offices located                                                                and investors. Xetra provides efficient access to the capital markets, supports the latest trading techniques and
                                          throughout North America, Europe and the Asia-Pacific region. For additional information about Knight Capital                                                                    provides an ever-growing range of tradable securities. The trading system of the same name sets the highest
                                          Group, Inc. (NYSE Euronext: KCG) please visit www.knight.com                                                                                                                     standards in terms of reliability, security, speed and innovation. Xetra offers the highest liquidity, transparency and
                                                                                                                                                                                                                           cost efficiency to more than 250 European banks and brokerage firms from 19 countries. Approximately 400,000
                                                                                                                                                                                                                           securities are currently traded using Xetra technology, more than on any other trading platform.




    Sponsors & Exhibitors:
                Charles river Development is a front-/middle-office investment software solutions provider, serving over 300 investment firms in more than                                                    Morgan Stanley is a leading global financial services firm providing investment banking, securities, investment management and
                35 countries representing the institutional asset/fund management, wealth management/trust, alternative, insurance, pension fund and fund                                                     wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and
                administration/custody markets. Charles River maintains headquarters in Boston, primary offices in Beijing, London, Melbourne, New York,                                                      individuals from more than 1,300 offices in 42 countries.
                Paris, Sao Paulo, Singapore and Tokyo, and has a local presence in all other major financial centers of the world.
                                                                                                                                                                                    Morgan Stanley Electronic Trading (MSET) provides a complete spectrum of services from pre-trade analytics and execution to post-trade execution
 The Charles River Investment Management System is a multi-asset/multi-currency software suite consisting of five main modules: Charles River Manager -                             performance analysis and commission management. We offer a comprehensive algorithmic trading suite and various direct market access (DMA) strategies,
portfolio management/modeling; Charles River Compliance - real-time pre-trade/in-trade/ post-execution/end-of-day compliance monitoring; Charles River                              including our smart order routing technology and our dark liquidity pool aggregator. Whether you are connecting to us via a third-party order management
Trader - order management/electronic trading/execution management; Charles River Post-Trade - centralized management of trade matching/confirmation/                                system or using our Morgan Stanley Passport execution management system, our global product offering provides seamless access to trade portfolios,
settlement workflow; and Charles River Performance - daily performance measurement/attribution/performance risk. The company also offers the Charles                                single stocks, ETFs, options, futures, swaps, and foreign exchange. Our team is committed to providing stellar trading solutions for the most demanding
River Anywhere Web-based workstation, the fully-integrated Charles River FIX Network and implementation/application management services and hosting                                 specifications.
solutions. solutions.




                             Phone: +44 (0)20 7368 9465                                                                      Email: tradetech@wbr.co.uk                                                                 Website: www.tradetecheurope.com                                                                                                      P7
CREATED FOR THE INDUSTRY BY THE INDUSTRY!

           TradeTech’s key goal is to ensure that the event focuses on the key challenges and opportunities that you are facing. To            The TradeTech 2011 Advisory Board has been instrumental in creating the conference agenda, choosing speakers and
         achieve this goal the TradeTech team do two things. Firstly we research with the industry. Every single TradeTech participant         ensuring that TradeTech 2011 focuses on the challenges and issues facing the equity & derivatives trading community globally.
         is asked to contribute to the agenda, giving us their ideas, challenges and suggestions for conference topics, formats and            WBR, the organisers of TradeTech 2011, would like to thank the members of the Advisory Board for their time, support and
         speakers. Having listened and research widely with the trading community, we enlist the help of our TradeTech 2011 Advisory           ideas, which will form the core of the event this year.
         Board to help us select conference discussion topics, bring new debates and sessions to the event and find the most
         innovative, interesting and thought provoking industry speakers.



                                                                                                    TradeTech 2011 Industry Advisory Board
                Larry Tabb, Founder & CEO,                                                                  Kee-Meng Tan, Managing Director, Global Head of Electronic                                Steven Grady, Head of Global Dealing,
                Tabb Group                                                                                  Trading, Knight                                                                           Barclays Wealth

                Betsy Andersen, Head of Trading,                                                            Natan Tiefenbrun, Commercial Director, Turquoise                                          Tony Brennan, Senior Vice President, Head Of Trading,
                Ignis Asset Management                                                                      London Stock Exchange Group                                                               Nomura Asset Management UK

                Sheena Kelman, Head of Trading,                                                             Steve Grob, Director of Group Strategy,                                                   Chris Sims, COO,
                Martin Currie                                                                               Fidessa                                                                                   Gartmore Investment Management

                Huw Gronow, Head Trader,                                                                    Bruno Poulin, CEO,                                                                        Peter van Kleef, Principal,
                Principal Global Investors                                                                  Ossiam                                                                                    Lakeview Capital Market Services GmbH

                Carl James, Global Head of Fixed Income & FX Dealing,                                       Cees Vermaas, CEO And Chairman, NYSE Euronext Amsterdam,                                  Diana Chan, CEO,
                BNP Paribas Investment Partners                                                             Member Of The Management Committee, NYSE Euronext                                         EuroCCP

                Martin Ekers, Head of Dealing,                                                              Richard Semark, Managing Director, Client Trading & Execution,                            Rob Maher, Managing Director, Advanced Execution Services,
                Northern Trust Global Invesmtents                                                           UBS                                                                                       Credit Suisse

                Vincent Moojer, Investment Manager, Head of Equities Trading,                               Brian Gallagher, Executive Director,                                                      Guillaume Lemarchand, Global Head, Global Execution
                PGGM                                                                                        Morgan Stanley                                                                            Services,
                                                                                                                                                                                                      BNP Paribas
                Nick Nielsen, Head of Trading,                                                              Rustam Lam, Director, Global Head of Marketing,
                Marshall Wace                                                                               RealTick                                                                                  Damian Bunce, European Head of Electronic Sales Trading,
                                                                                                                                                                                                      Barclays Capital
                Ruben Lee, CEO,                                                                             Marcus Hooper, Executive Director,
                Oxford Finance Group                                                                        Pipeline Financial Group                                                                  Sylvia Carrasco, Investment Management Partner,
                                                                                                                                                                                                      Alion Capital
                Dave Cliff, Director UK Large-Scale Complex IT Systems                                      Jack Vensel, Head of Electronic Trading,
                Initiative, University of Bristol                                                           Citi




                                                                                                                                                             Buy Side Only Networking & Roundtable Discussions –
                                                                                                                                                             EXCLUSIVE TO BUY SIDE PARTICIPANTS!
                                                                                                                                                             April 13, 2011 – Afternoon Sessions
                                                                                                                                                             The Buy Side Only Roundtable Discussions take place on the afternoon of the 13th of April and are a unique
                                                                                                                                                             opportunity for you to exchange strategies and experiences with your buy side colleagues. Find out if your buy
                                                                                                                                                             side peers are facing the same challenges as you are. Learn what strategies they are using to trade in the current
                                                                                                                                                             fragmented environment. Find out what works and what doesn’t.



     …..the one with the buy side…                                                                                      A View From Buy Side Board Room
                                                                                                                        Every year TradeTech welcomes a number of Chief Executive and Investment Officers to its plenary sessions to give you a view from the very top
     Its no suprise that Trade Tech is known as “the one with the buy side”. Take a look for yourself at this list      of buy and sell side of the business. This year we are delighted to welcome Kevin Cronin, Global Head of Equity Trading, Invesco and Richard
                                                                                                                        Lacaille, Chief Investment Officer, State Street Global Advisors who will be focusing on the future of the asset management industry as well as their
     of leading buy side firms who have already confirmed their attendance at Trade Tech 2011 - and there’s
                                                                                                                        particular strategies for investment and company management. Join these unique keynote presentations to learn what your peers and customers
     still four months to go!                                                                                           are planning, find out about their vision for the future and take their best ideas to your business and your team.
     Threadneedle Investment • Alize Trading • Tibra Capital • Optiver • AXA Investment Managers                               Kevin Cronin, Global Head of Equity Trading,                        Richard Lacaille, Chief Investment Officer,
     • Schroder Investment Management • Spire Europe • Legal & General • Banca Generali Asset                                  Invesco                                                             State Street Global Advisors
     Management • Sector Asset Management • Mako Global Derivatives • SSGA • IMC Asset Management
     • Russell Investments • Pictet • Sparinvest • Clariden Leu • Landesbank • River and Mercantile
     Asset Management • FM Capital Management • Groupama AM • Saemor Capital • Indus Fund                                TradeTech 2011 Brings You And Your Team The Most Outstanding List Of
     Management • CB Richard Ellis Investors • Zurich Capital Management • Shore Capital Stockbrokers                    Speakers Ever!
     • Intercapital Asset Management • Goldman Sachs Asset Management • AlphaNex Capital • BZ WBK
                                                                                                                         Daan Potjer Managing Partner & Fund Manager          Brian Mitchell COO, Investment Division Gartmore     Roman Lokhov CEO Otkritie Securities Limited
     AIB Investment Fund Corporation • Generali IM • Dnb Nor Asset Management • Gulf International Bank                  Aethra Asset Management                              Chris Simms COO Gartmore Investment                  Ruben Lee CEO Oxford Finance Group
     • Orbixa Management Services • AMC Group • Aberdeen Asset Management • Newton Investment                            Sylvia Carrasco Investment Management Partner        Management                                           Vincent Moojer Investment Manager, Head of
                                                                                                                         Alion Capital                                        Kim Johannessen Chief Technology Officer GLG         Equities Trading PGGM
     Management • Societe Europeenne De Banque • IPM • CM-CIC Asset Management • Folketrygdfondet                        Christoph Mast Managing Director Global Head of      Partners                                             Simo Puhakka Head of Trading Pohjola Asset
     • Franklin Templeton Investments • Gartmore Investment Management • Catella Kapitalförvaltning •                    Trading, RCM Allianz Global Investors                David Beardsworth Securities & Markets Team HM       Management Ltd
                                                                                                                         Peter Nabicht CTO Allston Trading                    Treasury                                             Huw Gronow Head Trader Principal Global Investors
     Deka Investment • Sanlam Investment Management • HSBC Global Asset Management • Coutts & Co
                                                                                                                         Tim Enneking Chairman Altima Asset Management        Juan Nieto Founding Partner Index Intelligence       Victor Lebreton Managing Director Quant Hedge
     • Robeco Asset Management • Marble Bar Asset Management • Otus Capital Management • Hermes                          Steven Grady Head of Global Dealing Barclays         Matthew Finnie CTO Interoute                         Jeremy Bezant Partner RFQ-Hub
     • Japan Invest • AIB WBK Fund Management • Erste Investment Hungary • WH Trading • Bank                             Wealth                                               Kevin Cronin Global Head of Equity Trading Invesco   Toby Bayliss Co-Head of Trading, Europe
                                                                                                                         John Humphrys Presenter & Broadcaster BBC            David Miller Equity Dealer Invesco Perpetual
     Julius Baer & Co • CBRE Investors • Old Mutual Asset Managers • Silchester • Swisscanto Group                                                                                                                                 Terence Nahar Investment Director, Investment
                                                                                                                         Andre Kelekis Head of Global Market Data BNP         Robert Boardman Managing Director ITG                Solutions Team Scottish Widows Investment
     • Finasta Asset Management • Pareto Asset Management • Cap Alpha Energy Trading • BlueQuant                         Paribas                                                                                                   Partnership
                                                                                                                                                                              Lee Bray JP Morgan Asset Management
     • Fidelity • Brevan Howard Asset Management • BBVA Asset Management • Bank of Piraeus Asset                         John Greenan Global Multi-Asset Connectivity                                                              Christian Katz CEO SIX Swiss Exchange
                                                                                                                         Manager BNP Paribas Fortis Investments               Neil Joseph Vice President, Equity Trading JP
     Management • Millenium Capital Partners • Artemis Investment Management • Kempen & Co • Tullius                                                                          Morgan Asset Management                              Richard Lacaille Chief Investment Officer State
                                                                                                                         Matthew Collis Head of Trading Brewin Dolphin                                                             Street Global Advisor
     Walden • BHF Bank Asset Management • Cedar Rock Capital • GLC Limited • Landesbank Berlin                                                                                Martin Henning Head of Trading Kapitalanlage-
                                                                                                                         Adam Majerowski Head Dealer BZ WBK AIB               Gesellschaft, BNY Mellon Service                     Christopher Rice Senior Managing Director State
                                                                                                                         Investment Fund Corporation                                                                               Street Global Advisors
     • Pioneer Investments • BNY Mellon Asset Management • Ardevora Asset Management • Banque                                                                                 Bradley Duke Managing Director Knight Capital
                                                                                                                         Roger Bootle Managing Director Capital Economics     Europe                                               Stuart Grant Financial Services Business
     De Luxembourg • Lion Trust Asset Managment • Pohjola Asset Management • DZ Bank • JM Finn                           Robin Griffiths Strategist, Fund Manager Cazenove                                                         Development Manager Sybase
                                                                                                                                                                              Joe Wald Managing Director Knight Equity Markets
     & Company • Arrowgrass Capital • Partners Group • Norges Bank Investment Management • Arca                          Capital Management                                                                                        Larry Tabb Founder & CEO Tabb Group
                                                                                                                                                                              Peter van Kleef Principal Lakeview Capital Market
                                                                                                                         Karel Lanoo Chief Executive Officer Centre For
     Partners • BlackRock • Alion Capital • Prima Asset Management • Lazard Asset Management •                           European Policy Studies
                                                                                                                                                                              Services GmbH                                        Nitin Gambhir CEO Tethys Technology
     Lombard Odier • Jo Hambro Capital Management • Cazenove Capital Management • Deutsche Bank •                                                                             Daniel Sioberg VP Strategy, Business Development     Nikki Beatie Head The Market Structure Practice
                                                                                                                         Rhodri Preece Director CFA Institute                 & Marketing Level 3                                  David Smith Economics Editor The Sunday Times
     First State Investments • Lyxor AM • Parsumo Fund Management • Royal London Asset Management                        Denzil Jenkins Director of Regulation Chi-X Europe   Richard Peterson Fund Manager, Psychiatrist &        Ken Yeadon Managing Partner Thematic Capital
     • Alliance Bernstein • Santa Fe Partners • CQS Management • Two Sigma Investments • Legg                            Matteo Cassina President, Execution Citadel Europe   Neuroeconomics Expert MarketPsych.com
                                                                                                                                                                                                                                   Philippe Buhannic CEO TradingScreen
                                                                                                                         Zina Psiola Head of Emerging Markets Clariden Leu    Nick Nielsen Head of Trading Marshall Wace
     Mason • Molinero Capital • Algo Engineering Europe • Fideuram Asset Management • Bellevue Asset                                                                                                                               David Lester CEO Turquoise
                                                                                                                         Kerim Derhalli Managing Director and Global Head     Tom Ungi Head of Trading Millenium Capital
     Management • Ruppert Trading • BlueCrest Capital • Norges Banks • SEB Asset Management •                            of Equity Trading Deutsche Bank                      Partners                                             David Berry IPUG, COSSIOM, FISD Executive
                                                                                                                                                                                                                                   Committee Member & Market Data Global Sourcing
     Getco • Axa Rosenberg • John Locke Investments • State Street Global Markets • Sarasin & Partners                   Sean Taylor Director, Financial Intermediaries       Rafael Molinero CEO Molinero Capital Management      UBS AG
                                                                                                                         Deutsche Bank                                        LLP
     • Quant Hedge • Unigestion • BP • Estlander & Partners • Superfund Asset Management • Northern                                                                                                                                Mike Jackson formerly Chief Of The General Staff
                                                                                                                         Rob Passarella VP and MD of Institutional Markets    Garrett Nenner Managing Director, Global Markets     UK MOD
     Trust • Mondrian Investment Partners • PGGM • Credit Suisse Private Banking • Carnegie Bank • GLG                   Dow Jones                                            Momentum Trading
                                                                                                                                                                                                                                   Chris Clack Director of Financial Computing
                                                                                                                         Gerald Santing Managing Director, Markets Dubai      Andrew Silverman Managing Director Morgan            University College London
     Partners • Bank Vontobel • ATA Invest Asset Management • Thematic Capital Partners • Daiwa Asset                    Financial Services Authority                         Stanley
                                                                                                                                                                                                                                   Dave Cliff Director UK Large-Scale Complex IT
     Management • Ikos • M & G • SEB Enskilda • JP Morgan Asset Management • GIC • Moore Capital •                       Anders Kulp Head of Trading Estlander & Partners     Jonathan Brogaard Kellog School of Management        Systems Initiative University of Bristol
                                                                                                                         Maria-Teresa Fabregas-Fernandez DG Markt EU          North Western University
     Macquarie Capital Funds • Lynx Asset Management • Jupiter Asset Management • Andra AP-Fonden                                                                                                                                  Joe Navarro Former FBI Agent World Specialist On
                                                                                                                         Diana Chan CEO EuroCCP                               Martin Ekers Head of Dealing Northern Trust Global   Non-Verbal Communication
     (AP2) • Quantlab • Francisco Partners • Pinebridge Investments • Saxo Bank • LD Invest Equity •                                                                          Invesmtents
                                                                                                                         Giovanni Beliossi Managing Partner FGS Capital                                                            Eliza Manningham-Buller
     BUDA-CASH • Tell Capital • Mandatum Life Insurance Co. • UBS Global Asset Management • Soc                                                                               Lisa Dalmer COO European Cash Markets NYSE
                                                                                                                         Tim Rowe Manager, Trading Platforms and              Euronext                                             Gavin Little Gill, Head of Asset Management
     Gen Tourmaline • Natixis AM • Chicago Trading • RGM Advisors • Swedbank Robur • Lombard Odier                       Settlement Policy Financial Services Authority                                                            Strategy, Linedata
                                                                                                                                                                              Michael Levas Founder and Chief Investment
                                                                                                                         Alexander Justham Director of Markets FSA            Officer Olympian Capital Management
     Darier Hentsch & Cie • Citadel Investment Group • Odey Asset Management • Shell Asset Management
                                                                                                                         Anthony Belchambers Chief Executive Officer          Bruno Poulin CEO Ossiam
     • Sloane Robinson • La Branche Investment Management • Degroof Fund Management • Alliance                           Futures and Options Association
     Trust Savings • Eczacibasi-UBP Asset Management • Baader Bank • FGS Capital • Kas Investments •
                                                                                                                         There simply isn’t another event with such breadth and depth of experience, strategies,
     ERSTE Investment • Brewin Dolphin
                                                                                                                         ideas and information!

P8                              Phone: +44 (0)20 7368 9465                                               Email: tradetech@wbr.co.uk                                           Website: www.tradetecheurope.com
TradeTech 2011                                                                                                       Booking code:


                                                                                                           Registration form
Your choice of registration package
        Please tick which package you wish
        to register for:                                                           Bookings received before 28th January                                           Bookings received after 28th January
         Main Conference                                                           £1599 (SAVE £600!)                                                              £2199
         Main Conference + HFT Focus Day                                           £2199 (SAVE £750!)                                                              £2949
         Main Conference + Joe Navarro Workshop £2098 (SAVE £600!)                                                                                                 £2698
         Main Conference + Focus Day + Workshop £2698 (SAVE £750!)                                                                                                 £3448
         Add CD Rom*                                                               £200                                                                            £200

        Prices are subject to the applicable UK VAT rate: In 2010 prices are subject to 17.5% UK VAT - From January 2011 prices will be subject to 20% UK VAT
        Groups: Group discounts are only applicable to individuals from the same office who register and pay at the same time. Get ‐ 25% off your third
        delegate Get ‐ 40% off all subsequent delegates
        *If you are unable to make it to the conference, but would still like to purchase the CD Rom, contact us on +44 (0)20 7368 9465



Four easy ways to register...                                                                                Delegate Details                               (photocopy for multiple bookings)

                                                                                                             Yes! i WiLL Be attending tRadeteCh 2011
1. Fax your completed registration form to WBR                                                               Last Name:                                                                                     (Mr/Mrs/Ms):
         on +44 (0)20 7368 9401                                                                              First Name:

2. Phone WBR on +44 (0)20 7368 9465                                                                          Job Title:
                                                                                                             Department:

3. visit www.tradetecheurope.com and                                                                         Registration Contact:
                                                                                                             Company:
         register for the event online
                                                                                                             Address:

4. e-mail us at tradetech@wbr.co.uk                                                                          City:
                                                                                                             Country:
                                                                                                                                                                                      Post Code:


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occurring within twenty-one (21) days (inclusive) of the conference. In the event that WBR Ltd
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TradeTech Complimentary                                                                                        Booking code:


                                                                                                              Buy-Side Pass
Your choice of registration package
         Please tick which package you wish
         to register for:
                                                                                             Bookings received before 28th January                             Bookings received after 28th January

                                                                                              FREE – complimentary ticket
           Main Conference Only (13 - 14 April, 2011)
                                                                                              Your place will not be registered if you do not supply credit card details
           Add the HFT Focus day (12th April 2011)                                            £600                                                              £750
           Add the workshop (15th April 2011)                                                 £499                                                              £499
           Add CD Rom*                                                                        £200                                                              £200
         Prices are subject to the applicable UK VAT rate: In 2010 prices are subject to 17.5% UK VAT
         From January 2011 prices will be subject to 20% UK VAT
         *If you are unable to make it to the conference, but would still like to purchase the CD Rom, contact us on +44 (0)20 7368 9465


Four easy ways to register...                                                                                              Delegate Details                     (photocopy for multiple bookings)

1. Fax your completed registration form to WBR on
   +44 (0)20 7368 9401
                                                                                                                           YeS! i Will Be aTTending TradeTech 2011
                                                                                                                           Last Name:                                                                 (Mr/Mrs/Ms):
2. Phone WBR on +44 (0)20 7368 9465                                                                                        First Name:
3. e-mail us at tradetech@wbr.co.uk                                                                                        Job Title:
4. Post: Ltd, 3rdreturn yourWilton Road,to: TradeTech 2011,
   WBR
         Please
                  Floor, 129
                             registration
                                          Victoria London,                                                                 Department:
          SW1V 1JZ                                                                                                         Registration Contact:
                                                                                                                           Company:
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1. Complimentary places are strictly reserved for Asset Managers, Investment Managers, Fund managers, Hedge                Address:
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2. Tickets are allocated at the discretion of WBR.                                                                         City:                                                     Post Code:
3. WBR will charge a “no-show” fee of £400 (Plus VAT) if you or a nominated replacement fails to attend the
   main conference.                                                                                                        Country:
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Your card will not be charged for cancellations received in writing more than 22 days before                               Telephone:
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will be issued for any cancellations occurring within twenty-one (21) days (inclusive) of the conference. In the
event that WBR Ltd cancels an event for any reason, you will receive a credit for 100% of the contract fee paid. You
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                                                                                                                           place or purchasing the focus day and/or the workshop.
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You may use this credit for another WBR Ltd event to be mutually agreed with WBR Ltd, which must occur within
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are no refunds given under any circumstances. WBR Ltd is not responsible for any loss or damage as a result of a                Mastercard                   Visa             American Express
substitution, alteration or cancellation/postponement of an event. WBR Ltd shall assume no liability whatsoever in
the event this conference is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, unforeseen         Card Number:
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For purposes of this clause, a fortuitous event shall include, but not be limited to: war, fire, labor strike, extreme     Security Code:                                                              Expiry Date
weather or other emergency. Please note that while speakers and topics were confirmed at the time of publishing,
circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the      Cardholder’s Name:
speakers and/or topics. As such, WBR Ltd reserves the right to alter or modify the advertised speakers and/or topics if
necessary without any liability to you whatsoever. Any substitutions or alterations will be updated on our web page
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as soon as possible.
                                                                                                                           Purchasing the HFT focus day and/or workshop:
                                                                                                                           1. Payment should be received by WBR Ltd within 7 days of the invoice date or by expiry of given discount date
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Your Personal details: Your information will be held and used by Worldwide Business Research Limited (“WBR”)
                                                                                                                           2. Payment of invoices other than by means of credit cards or purchase order (UK PLC and Government bodies only)
to register you for this conference and/or we may contact you by email, phone or post with information about other
                                                                                                                               will be subject to a £49 (plus VAT) processing fee.
conference, products and services which we or our associated companies provide. We may also from time to time
                                                                                                                           Securing your complimentary ticket (main conference only):
share your personal information with other parties in the European Economic Area who may wish to contact you
by phone or post in relation to special offers, products and services related to your role within your company. If you
                                                                                                                           1. Your complimentary place will not be registered if you do not supply credit card details.
would prefer not to receive such information from us or such third parties, please fax us, including a copy of this page   2. Your card will not be charged for cancellations received in writing more than 22 days before the main two day
of the brochure, on UK freephone fax number 0800 6525943 or +44 20 73698 9401                                                  conference
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    From time to time your name may be used in third party mailings. Please tick if you do not wish this to happen             replacement fails to attend the main two day conference.

Tradetech Europe 2011 brochure

  • 1.
    …..the one withthe buy side… Over 500 senior buy side already confirmed! 2000+ participants, including 12 - 15 April, 2011 Excel Centre, London www.tradetecheurope.com over 650 senior buy side! Regulation, Liquidity & Best Execution in a High Frequency World Chaired & Moderated By John Humphrys, Presenter & Broadcaster, BBC Strategic Information Delivered To You From Over 120 Senior Industry Speakers, Including: 14 Reasons Why Tradetech Is The Premier Global Trading Richard Lacaille, Chief Investment Officer, State Street Global Advisors Technology Event Of The Year: Andrew Silverman, Managing Director, 1. Meet and network with over 650 of your customers: buy side heads of desk Morgan Stanley and senior traders Kevin Cronin, Global Head of Equity Trading, 2. 120 carefully researched topics and sessions giving you need to know Invesco strategic information Alexander Justham, Director of Markets, Financial Services Authority 2. Created for you by an industry advisory board Brian Mitchell, COO, Investment Division, 4. No hidden agenda - organised by a team of professional conference Gartmore specialists Garth Ritchie, Global Head of Equities, 5. Outstanding networking for you and your team - over 2000 senior industry Deutsche Bank players from the entire trading value chain Vincent Moojer, Investment Manager, Head of Equities 6. 11 years of excellence in providing incisive content, great networking and Trading, PGGM need to know information Huw Gronow, Head Trader, 7. Facilitating debate & discussion - giving you a chance to voice your opinion Principal Global Investors and to put yourself on the inside track Neil Joseph, Vice President, Equity Trading, JP Morgan Asset Management 8. Fresh conference content designed to help you every year - we don’t repeat, Paul Donovan, Managing Director and Global Economist, we find new need to know information for you UBS 9. New conference formats and networking opportunities for you and your team 10. Supported by the FSA & the EU - Europe’s most senior regulators use Blockbuster Line-Up Of Guest Speakers! TradeTech to test industry response 11. Focusing on your key priorities – strategy, technology, market structure, Baroness Eliza Manningham- Buller, Former Head, MI5 and regulation General Sir Mike Jackson (ret), formerly Chief Of The 12. Supported by every tier 1 sell side bank General Staff, UK MOD 13. Keynote guest speakers including Baroness Eliza Manningham-Buller, Richard Peterson, Fund Manager, Psychiatrist Former Head, MI5 and General Sir Mike Jackson (ret), formerly Chief & Neuroeconomics Expert, MarketPsych.com Of The General Staff, UK MOD Joe Navarro, Former FBI Agent, 14. All of your peers and competitors will be at TradeTech because it helps World Specialist On Non-Verbal Communication them to be the best in the industry - WILL YOU? Roger Bootle, Managing Director, Capital Economics 4 2000 attendees 4 75 sessions Agenda Created For The Industry By The Industry 4 650 buy side 4 20 countries represented Advisory Board 4 200 buy side Heads of Desk 4 20 hours of networking “TradeTech is the best trading event of the year... the ideal 4 130 speakers 4 3 action packed days environment for the buy and sell side to get together” 4 120 exhibitors 41 unique event Sheena Kelman, Head of Trading, Martin Currie Lead Sponsor: Principal Sponsors: Organised by: Phone: +44 (0)20 7368 9465 Email: tradetech@wbr.co.uk Website: www.tradetecheurope.com
  • 2.
    The MiFID DebateThe FSA Wants To Hear From You! TradeTech is the largest and most senior meeting place for the equity Bringing You The Buzz of the World’s Largest Trading Event, PLUS the and derivatives trading community: 2000+ buy side traders, brokers, Intimacy of Highly Focussed, Niche Conferences Attend TradeTech 2011 to hear the most influential industry players and analysts assess MiFID 2. Find trading venues, regulators, industry experts, economists and fund This year TradeTech brings you a series of niche, highly focussed events out and debate what worked, what didn’t and how MiFID 2 is going to improve the trading landscape. managers. Created by the industry advisory board, TradeTech 2011 within the main conference. Each event is limited to 100 participants and Or will it make it even more difficult? Learn from Alexander Justham and his colleagues at the Financial gives you true value and helps you grow in your job, ensuring top results offers highly focussed sessions that allow for greater depth of learning and Services Authority about the latest plans for regulating the securities trading sector. Join roundtable and great performance of every member of your team. debate debates to help shape future regulation! The FSA will be hosting a series of roundtables specifically to hear your feedback, suggestions, concerns and ideas! “TradeTech is the best trading event of the year... the ideal environment for the buy and sell side to get Designed primarily for buy side heads of desk, some of these groups will be together” closed door, and others will be open to the whole industry. Topics include: • dealing with the fund manager • cross asset trading Trillions Have Been Lost, Everything Is At Stake! Sheena Kelman, Head of Trading, Martin Currie • regulatory compliance • consolidated tape Roger Bootle, Managing Director of Capital Economics is known throughout the financial markets for “TradeTech is the must attend trading technology his analysis of the economic environment and for his controversial and innovative ideas. In his latest book event of the year” he argues that in large measure, the underlying cause of the financial crisis was the result of an idea that Vincent Moojer, Investment Manager, Head of Equities Trading, PGGM markets work, and that governments do not: “Despite the trillions of dollars lost, and despite the worries Enormously popular in 2010, the regulatory think tank has been expanded into a mini-conference. Led by a panel of Europe-wide regulators in the of millions of people, more than this — much, much more — is at stake. The crisis has delivered the killer “Top trading technology event to attend” wake of MiFID II, It is a unique chance to petition and give feedback to the blow to an idea that has underpinned the structure of society, framed the political debate, and moulded Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative, regulators on: international relations for decades.” University of Bristol • MiFID II • Consolidated tape • Centralised clearing • High frequency trading Join Roger Bootle as he reflects on the nature of capitalism, latest developments in the “An excellent opportunity to meet with both my economy and their direct impact on you, your business and the future of this industry. buyside and sellside clients. WBR do a wonderful job Who Lost Those Trillions? Do Markets Really Work? of bringing together decision makers from all aspects of our industry.” Derivatives trading is set to take centre stage and plays a starring role in MiFID II. This event tackles the twin challenges of regulation and technology Jack Vensel, Managing Director, Global Head of Wholesale Services, Citi to give attendees a blueprint for profitable, efficient electronic trading: • standardisation of derivatives contracts • opportunities and Has High Frequency Trading Turned Markets “TradeTech – a must attend!” challenges for electronic trading • best of breed technology Peter van Kleef, Principal, Lakeview Capital Market Services GmbH • tapping into all sources of liquidity Into A Casino? High Frequency Trades account for almost 40% of all trading in Europe. The figure is even higher in the “TradeTech is ideal for the buy and sell side to get together” US. The mystique and lack of clarity about HFT strategies means that a lot of trading desks are worried Guillaume Lemarchand,Global Head, Global Execution Services, BNP Paribas about being gamed on their trades. Join TradeTech 2011 High Frequency Trading focus day on April 12th TradeTech - spread across 3 theatres to find out directly from high frequency trading firms about their strategies and trading practices. Get “if you work in trading, whether it is on the sell side, buy insight into the real scientific statistics about HFT and its impacts on the market. Join a debate on the side or have a solution - TradeTech is on the money for Trading Technology value and impact of HFT on the securities trading landscape. networking, benchmarking, educating and lobbying the This mini-event is designed to help traders and technologists deal with the Your desk may be at risk from interacting with high frequency liquidity, do you know how to regulators. I wouldn’t miss it for the world” most pressing, and expensive challenges such as: • latency reduction for high frequency trading • customising algos protect your trades? Find Out The Truth. see page 6 for details of the agenda. Christopher D. Clack, Chairman, Financial Stability Research Forum, UCL • spiralling data volumes “TradeTech - No gimmicks here, just real substance... the Liquidity ideal environment for the buy and sell side to network” This set of content deals specifically with the fall out from MiFID II to allow Are You Managing To Outsmart The Person On Juan Carlos Nieto, Founding Partner, Index Intelligence you to resolve some of the most important issues facing the equities trading industry today: The Other Side Of The Trade? “ … a must attend for me…” • sourcing the best liquidity at the right price • the future use for Baroness Eliza Manningham-Buller, Former Head, MI5 is joining TradeTech 2011 to give you dark pools • market structure and the execution landscape some secrets and ideas for making decisions in challenging times and for winning in every Michael J. Levas, Founder & Chief Investment Officer, Olympian Capital Management LLC transaction that you undertake. Trading Strategy and Best Execution These sessions delve into traditional TradeTech content and are designed to Dame Manningham-Buller has been privy to some of the country’s most carefully guarded secrets and “TradeTech - the great opportunity for the buy and sell help you devise your trading strategy and priorities for the year ahead. held the lives of spies and double agents in her hands. Since taking over the MI5 reins, her working life side to network” • high frequency trading • the need for a consolidated tape • establishing a multi asset trading capability • best practice broker has been dominated by the threat from al-Qaeda. She is an expert at making effective decisions, being an Andrew Morgan, Head of Autobahn Equity Europe, Deutsche Bank outstanding leader, outsmarting her counterparties and winning in difficult and risky circumstances. selection
  • 3.
    TradeTech Floorplan 2011 …..the one with the buy side… = Sold = Available For information on how you can take advantage of the promotion and marketing opportunities on this exhibition floor please ring Shomik Banerjee on +44(0)20-7368-9818 or email him on Shomik.banerjee@wbr.co.uk
  • 4.
    April 13th, 2011 7:30 Coffee & registration 9:30 assessing Key Factors Shaping the Future Of the talk to hear what the FSA is planning for you and for your customers Get Roger’s insight on what the economy is likely to do in the near Equities trading Industry: adjusting to the New and partners. Find out how MiFID 2 is likely to be developing and future and how it will impact everything from your business, your 8:30 Chair’s Welcome address Normal what its real impact is on your business. trading desk to the price of your house. Andrew Silverman, Managing Director, Morgan Stanley Kevin Cronin, Global Head of Equity Trading, Invesco 10:30 Networking Morning Coffee 12:15 Panel Discussion: How Will Effective and Efficient Andrew Silverman is a Wall Street veteran with over 27 years of Every broker, buy side trader and exchange agrees on one thing – the experience in cash, algorithmic and electronic trading. He is currently regulation Drive Change Within the Industry - industry is changing direction and is readjusting to the “new normal” 11:00 Keynote Guest address Challenges and Opportunities Managing Director and Global Co-head of Morgan Stanley Electronic of the post crisis environment. What are the factors shaping the Trading (MSET). In this role, Andrew oversees sales and distribution for Garth Ritchie, Global Head of Equities, Deutsche Bank Brian Mitchell, COO, Investment Division, Gartmore trading strategies of the buy side desks? Will they change their core MSET globally. With his experience and expertise Andrew is an ideal practices and requirements? Join this keynote address to hear from Robert Boardman, Managing Director, ITG chairman for this keynote opening session. 11:30 Outlook For the Economy and Its Impact On Financial one of the most influential heads of trading in the industry. Markets Tim Rowe, Manager, Trading Platforms and Settlement Policy, Financial Services Authority 9:00 What Opportunities and Challenges Will We Face In 10:00 Outlining the Current & Future Strategy For Securities Roger Bottle, Managing Director, Capital Economics Maria-Teresa Fabregas-Fernandez, DG Markt, Securities the Short, Medium and Long term and What Can We Markets regulation One of the City’s best-known economists, Roger Bootle specialises Markets, EU Do about It? Alexander Justham, Director of Markets, Financial in macroeconomics and the economics of the property market. He was formerly Group Chief Economist of HSBC and, under the previous Karel Lanoo, Chief Executive Officer, Centre For Senior Executive From Barclays Capital Services Authority European Policy Studies Conservative government, he was appointed one of the Chancellor’s As this agenda is going to press, the first preview of MiFID 2 is panel of Independent Economic Advisers, the so-called “Wise Men”. Lisa Dallmer, COO European Cash Markets, NYSE coming from the EU. The entire industry awaits its verdict. Join this Euronext StrEaM 1 StrEaM 2 StrEaM 3 14:30 assessing the real risk Of a Flash Crash & 14:30 Customising Your algos to achieve Maximum 14:30 Evaluating Key Criteria For Broker review & 14:30 Changing the Way the Markets Work & the Way 14:30 assessing How trading Strategies Impact How You Could Prepare For It Performance On Each trade Selection: How Is the Changing trading Landscape they are regulated: What Could & Needs to Be Done? Investment Style & Vice Versa – Dealing With Robin Griffiths, Strategist, Fund Manager, Cazenove Nick Nielsen, Head of Trading, Marshall Wace Impacting Your Broker Management Strategies? Ruben Lee, CEO, Oxford Finance Group Different Fund Managers & Investment Strategies Capital Management This case study will assess how you can use multiple algos to execute Huw Gronow, Head Trader, Principal Global Investors The efficiency, safety, and soundness of financial markets depend on Christopher Rice, Senior Managing Director, State Street At present most equity markets are rising. But they are of course in the one trade. Every stage of the trade can have its own algo! Want to know One of the main concerns of every buy side trader is the quality and the operation of core infrastructure--exchanges, central counter-parties, Global Advisors strong season of the year (late October to late May). Robin Griffiths will more, join this talk. price of their broker. Your broker review process will directly impact and central securities depositories. How these institutions are governed Your internal customers expect best execution and prices for each trade. examine the probability of another Flash Crash happening to us and how the overall performance of your desk, the profit margins and the final critically affects their performance. Yet, despite their importance, there Some fund managers get heavily involved in setting the trading strategy, you could prepare for it. bonus structure. If you are a broker, then finding out how your customers is little certainty, still less a global consensus, about their governance. some leave all up to you. Join this talk to find out what impact trading has appraise you is imperative! Join this case study to hear one view. Join this presentation for some innovative ideas and a good debate. on fund managers and how fund managers end up influencing your trading patterns. This case study is bound to produce new ideas for gaining even better control of each trade. 15:00 Unconventional Perspective: How Is Low Latency 15:15 Panel Discussion: repositioning Your trading 15:00 Panel Discussion: the role & Impact Of Likely to Impact Your Business, Your trading Decisions Strategy to adjust to MiFID 2: Products, relationships Portfolio algos On Your trading Strategy & the Market Landscape? & Partnership Positioning Lee Bray, Senior Trader, JP Morgan Asset Management The demand for low latency services has soared in the last 12 months Christian Katz, CEO, SIX Swiss Exchange Nick Nielsen, Head of Trading, Marshall Wace with premium routes knocking microseconds of each other to gain Rainer Riess, Managing Director, Matthew Rowley, Head of Quantitative Trading US, CA an advantage. This presentation looks at what’s behind low latency, Deutsche Boerse Cheuvreux assesses the sustainability of the model and trends forward a world This debate is designed to give you an opportunity to discuss and Minimising the risks involved in portfolio trading is a fast-evolving 15:00 Networking & Coffee In the Exhibition where the inefficiency of geography, time to decision and processing are 15:00 Networking & Coffee In the Exhibition debate the most pressing issues and challenges MiFID 2 presents to art. The buy-side desk structure can influence the way the risk of optimised. The presentation will also seek to draw parallels from other your business. The discussion will be structured to give you time and Join hundreds of solution providers, partners and peers for some of Join hundreds of solution providers, partners and peers for some of a portfolio trade is managed. If a rebalance is split up according trading markets and predict likely future market trajectories opportunity to voice your opinion and ask questions. the best networking in the world of trading and trading technologies. the best networking in the world of trading and trading technologies. to trader’s responsibilities, there can be significant unintended Thousands of buy side traders, sell side brokers, exchanges and Matthew Finnie, CTO, Interoute Thousands of buy side traders, sell side brokers, exchanges and consequences. Other complexities of the trading process such as cash technology providers will be expecting to see you at TradeTech 2011. technology providers will be expecting to see you at TradeTech 2011. management or even shortterm alpha can create unexpected results. Portfolio managers often don’t understand why their estimated trading costs bear no resemblance to realised trading costs. Join this debate to hear the latest thinking on portfolio trading. Get armed with the successful strategies to take to your desk. 15:45 Panel Discussion: Practical Ways to Evaluate 15:30 Presentation title to Be Confirmed 15:30 Panel Discussion: New approaches to Moving the Quality Of Liquidity In Different Venues Rob Passarella, VP and MD of Institutional Markets, Your Desk towards Cross-asset trading: Practical Toby Bayliss, Co-Head of Trading, Europe, Dow Jones realities & rOI Sanford C. Bernstein Vincent Moojer, Investment Manager, Head of Equities Sylvia Carrasco, Investment Management Partner, Alion Trading, PGGM Capital Christoph B. Mast, Managing Director Global Head of Matthew Collis, Head of Trading, Brewin Dolphin Trading, RCM, Allianz Global Investors Gavin Little Gill, Head of Asset Management Strategy, Stuart Grant, Financial Services Business Development Linedata Manager, Sybase 15:30 Networking & Coffee In the Exhibition 16:00 Examining the New types of Smart Order 16:00 Networking & Coffee In the Exhibition Your boss, your fund manager and your investor don’t want you to Philippe Buhannic, CEO, TradingScreen trade with toxic or unknown liquidity. Are you sure you are evaluating Join hundreds of solution providers, partners and peers for some of routers – What Can they Do For You & How Can You Join hundreds of solution providers, partners and peers for some of Martin Henning, Head of Trading, Kapitalanlage- the liquidity in different venues correctly and efficiently? What are your the best networking in the world of trading and trading technologies. Best Keep Control Of their Performance? the best networking in the world of trading and trading technologies. Gesellschaft, BNY Mellon Service peers from other buy side firms doing to avoid toxic and non favourable Thousands of buy side traders, sell side brokers, exchanges and Thousands of buy side traders, sell side brokers, exchanges and Victor Lebreton, Managing Director, Quant Hedge Juan Cross asset trading is finally becoming mainstream. Everyone wants liquidity? Join this panel to find out. technology providers will be expecting to see you at TradeTech 2011. technology providers will be expecting to see you at TradeTech 2011. Carlos Nieto, Founding Partner, Index Intelligence to hedge for currency, while also trading fixed income on an equities Bradley W. Duke, Managing Director, trading desk. Are you implementing the most successful ideas for your Knight Capital Europe multi-asset trading. Hear from the pioneers. They have been trading on When the time comes to spend more money on smart order routers a multi-asset basis for a while. They know the algos, the TCA and the you will be reluctant to invest without seeing clear benefits, results best execution tricks you need on your desk to achieve top results. and advantages. This panel discussion is looking into the future of SORs. It will debate the different new approaches to building and using SORs. Find out the latest and most innovative strategies and ideas for SORs here. 16:15 Panel: Giving the Buy Side Exactly What they 16:30 Panel Discussion: Evaluating the Opportunity 16:00 trading Strategies: Collaboration, Complexity, Need through a Customised approach to Execution For trading In Emerging Markets – Focus On Fast & & Connectivity Brian Mitchell, COO, Investment Division, Gartmore Efficient Market access Jonathan Morton, VP of Product Marketing, IPC Rafael Molinero, CEO, Molinero Capital Management LLP Adam Majerowski, Head Dealer, BZ WBK AIB Investment Today’s regulatory and competitive pressures are driving the need for Rob Shapiro, Global Head Of Trading And Execution 16:15 Panel Discussion: Measuring the Health Of Your Fund Corporation Senior Executive, Otkritie increased collaboration in the high touch trading arena and a need for 16:00 Networking & Coffee In the Exhibition Consulting, Bloomberg Tradebook trading Infrastructure Roman Lokhov, CEO, Otkritie Securities Limited low latency, reliable connectivity on the low touch trading side. This Join hundreds of solution providers, partners and peers for some of Ian Domowitz, Managing Director – Global Head of Zina Psiola, Head of Emerging Markets, Clariden Leu session will provide an overview of the evaluation criteria that firms the best networking in the world of trading and trading technologies. Rob Lane, Markets Manager Electronic Trading, Analytical Products & Research, Investment Technology should employ when selecting a financial services-focused Thousands of buy side traders, sell side brokers, exchanges and Interactive Data The risk is probably higher, but the potential returns are also greater. Group connectivity vendor. technology providers will be expecting to see you at TradeTech 2011. Visit www.tradetecheurope.com for more information This panel discussion will assemble experts to give you insight and Customising every buy side trade is quickly gaining momentum among successful strategies for accessing and trading emerging markets. both buy side and the brokers. This panel is designed to discuss the exact requirements of the buy side and how to best take advantage of the different options for customisation. 16:50 trading Strategies: Collaboration, Complexity, & 16:40 Overview Of MiFID: What Worked, What Didn’t 16:30 adapting Your trading Desk Strategies to Connectivity & taking It to the Next Step Lower trading Volumes: adjusting Jonathan Morton, VP of Product Marketing, IPC Karel Lanoo, Chief Executive Officer, Centre For to the “New Normal” Today’s regulatory and competitive pressures are driving the need for European Policy Studies Matthew Collis, Head of Trading, Brewin Dolphin increased collaboration in the high touch trading arena and a need for Join this presentation to hear the view from CEPS on MiFID. By the Stephane Rougier, Global Structured Solutions Director, low latency, reliable connectivity on the low touch trading side. This time this conference takes place MiFID 2 will be in full preparation and Global Investment Solutions Aviva Investors session will provide an overview of the evaluation criteria that firms implementation stage. Find out what worked and what still needs fixing Brian Schwieger, Head of EMEA Algorithmic Trading, should employ when selecting a financial services-focused connectivity in MiFID. BofA Merrill Lynch vendor. Charles Henderson, Head of Operations & Dealing, Invesco Perpetual Jatin Suryawanshi, Head of Global Quant Strategies, Jefferies International 17:00 Debating the Future Of the Buy/Sell Side 17:00 Panel Discussion: Business Models For Best 17:00 Panel Discussion: Debating the Clearing 17:00 Buy Side Only roundtable Discussions & relationship In SOr technology Execution: How to Win In the Global Market Place Issue In the Current trading Landscape: Making It Debates Huw Gronow, Head Trader, Principal Global Investors While remaining a Successful Local Player Profitable & Mitigating risk A series of buy side only roundtable discussions and debates Joe Wald, Managing Director, Knight Equity Markets Moderated by: Sungard 17:00 Networking & Coffee In the Exhibition Clearing is one of the most costly and inefficient parts of the trading designed to give buy side delegates a chance to network, exchange Simo Puhakka, Head of Trading, Pohjola Asset Visit www.tradetecheurope.com for more information Join hundreds of solution providers, partners and peers for some of processes. In addition, you have major risk management issues to deal strategies and ideas in a closed door environment. Management the best networking in the world of trading and trading technologies. with. Join this panel to discuss how clearing could be made easier, This is a unique opportunity for you! Find out if your buy side peers Thousands of buy side traders, sell side brokers, exchanges and more efficient and more profitable for all parties involved. are facing the same challenges as you are. Learn what strategies they Mark Goodman, Head of Electronic Services – Europe, Société Générale technology providers will be expecting to see you at TradeTech 2011. Sean Taylor, Director, Financial Intermediaries, Deutsche are using to trade in the current fragmented environment. Bank Are you sure your SOR is doing exactly what it says on the box? Why can’t you have more control over your trades? Join this discussion and Nikki Beatie, Head, The Market Structure Practice find out how you can take even better control. Senior executive, NASDAQ OMX Diana Chan, CEO, EuroCCP 17:30 Panel: Examining How algos On Chip technology 17:20 DEBatE: technology & High Frequency trading & Low Latency Will affect Your trading Strategy & Will Normalise the Markets Improve Your trading results Nikki Beatie, Head, The Market Structure Practice Daniel Sjoberg, VP Strategy, Business Development & Ken Yeadon, Managing Partner, Thematic Capital 17:40 Networking & Coffee In the Exhibition Marketing, Level 3 Michael Levas, Founder and Chief Investment Officer , Join hundreds of solution providers, partners and peers for some of Peter Duffy, CTO, Sumerian Olympian Capital Management the best networking in the world of trading and trading technologies. John Greenan, Global Multi-Asset Connectivity Manager, Have you ever been to an Oxford Union style debate? Would you like to Thousands of buy side traders, sell side brokers, exchanges and BNP Paribas Fortis Investments give your views and vote on the motion at the end of the debate? What is technology providers will be expecting to see you at TradeTech 2011. your feeling about HFT? Will it kill or make the market of the future? Software on chip technology used to be an attribute of sophisticated fire arms and targeting technology. It is now becoming a reality in the capital markets. You may be good at trading, but it you latency is not up to it, then your competitors will outsmart you every time. Find out what the future holds. 18:00 Guest Keynote address: Making Decisions, tackling Challenges & Dealing With Your Boss General Sir Mike Jackson (ret), formerly Chief Of The General Staff, UK MOD Three hundred Russian troops in a gesture of solidarity with the Serbs seized control of the airfield. General Clark ordered General Jackson to block the runway to prevent Russian reinforcement. Jackson squared up to him with the famous line: "Sir, I'm not going to start World War Three for you." Sounds interesting? Join this keynote address to find out more. 19:00 tradetech 2011 Drinks reception P4 Phone: +44 (0)20 7368 9465 Email: tradetech@wbr.co.uk Website: www.tradetecheurope.com
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    April 14th, 2011 David Lester, CEO, Turquoise, Director, Info Services, London Stock Exchange 8:00 Coffee & registration markets more powerful than politicians? Will 11:00 Morning Coffee & Networking shares traded for a single cent - a fraction of their Denzil Jenkins, Director of Regulation, the role Sovereigns play in the macro Securities value only minutes before the crash occurred. Chi-X Europe 8:30 Chair’s Welcome address John markets continue to escalate? When did we last Networking & Coffee In the Exhibition The cause of the Flash Crash was a mystery - and This panel discussion is without a doubt the most Humphrys, Presenter & Broadcaster, see such direct impact on the capital markets Join hundreds of solution providers, partners and it remains so. A ‘fat finger’ trade that might have popular and controversial on this year’s agenda. BBC from our public officials? How are the policies of peers for some of the best networking in the world caused a huge number of shares to be dumped on Everyone has an opinion about MiFID. Everyone more developed economies affecting the emerging of trading and trading technologies. Thousands of the market at a low price - has now been all but has concerns about MiFID. Everyone wants answers 9:00 Dealing With Challenges & Making markets? What does the Equities trader need to buy side traders, sell side brokers, exchanges and ruled out. So what did happened? Are you ready to how MiFID will shape the industry and their know to adapt to this changing dynamic? technology providers will be expecting to see you for the next “flash crash”? Difficult Decisions In times Of business. Join this panel of top level industry at TradeTech 2011. Pressure 10:00 European Market Structure, Liquidity 12:30 Market Structure Panel Debate: Has players as they gaze into the MiFID crystal ball. Baroness Eliza Manningham-Buller, and the race to redefine Business the trading Landscape Become Driven Give your feedback, ask direct questions and get 11:30 Keynote Guest address: Building the honest answers from the industry movers and Former Head, MI5 Model Pre Mifid 2 By random Price Fluctuation & How Future For asset Management shakers. Eliza Manningham-Buller has one of the shortest Moderated By Damian Bunce, Managing Could We Change It? Richard Lacaille, Chief Investment entries in Who’s Who, as might be expected of the Director, Head of Electronic Trading Officer, State Street Global Advisors Peter van Kleef, Principal, Lakeview 13:00 Networking Lunch For Delegates & woman who knows, before even the Government Distribution, EMEA, Barclays Capital Capital Market Services GmbH does, the nation’s most sensitive and secret As Chief Investment Officer, Rick Lacaille has Speakers intelligence. In 2006, she gave a speech about responsibility for all the investment management Neil Joseph, Vice President, 10:30 Inside the trader’s Brain: What Makes activity at SSGA, including research and trading. Equity Trading, JP Morgan Asset the threat of terrorism to the West. Her officers were working to contend with some 200 groupings You trade the Way You Do? Join Rick as he presents his views on the changing Management or networks, totalling over 1,600 identified Richard Peterson, Fund Manager, role of the buy side trading desk. Gain a C-level Larry Tabb, Founder & CEO, Tabb individuals, who were actively engaged in plotting, Psychiatrist & Neuroeconomics Expert, perspective on what will be expected of you Group or facilitating, terrorist acts here and overseas. MarketPsych.com tomorrow and in 3 years time and the strategy and Mark Hemsley, CEO, BATS Europe “We are aware of numerous plots to kill people You may not realise it, but there are biases that ideas behind these changes. Daniel Coleman, Head of Client Services and to damage our economy. What do I mean lay deep within your brain that influence the way 12:00 Flash Crash: What Happened, Why & Business, GETCO 14:30 Keynote address: Exploiting the Potential by numerous? Five? 10? No, nearer 30 - that we you trade. Unfortunately these biases are what lead you to sometimes making the wrong trading How Can We Prevent It In the Future? Following on from the “flash crash” discussion, Of the Derivatives renaissance In Order to trade know of. “ So how did she sleep at night? How come join this debate to hear the different Innovatively Whilst Generating alpha did she manage to make the right decisions and decisions. But by really understanding how Larry Tabb, Founder & CEO, Tabb your brain works, and retraining, you can avoid opinions on the current market structure and its outsmart this army of terrorists, bomb plotters Group Hear from a prominent Head of equity derivatives about the big future direction. Many asset managers believe and enemies? Join this inspirational talk to learn situations where most traders take a wrong turn. Everyone recalls clearly the scene of confusion derivatives revival, where the market is heading, as well as thoroughly that the current pricing models don’t have a future just how, and then take some interesting ideas Gain expert views into the mind of the market with on the afternoon of Thursday 6 May 2010, when understanding the challenges that arise from increased regulatory and things should be changed dramatically. What back home. some of the latest findings from neuroscientists, the US stock markets, suddenly and without oversight and clearing transparency. is the solution? Is random good or bad? Join this financial practitioners, and psychologists. This warning, nosedived. Half of the traders were Erik Böss, Global Head of Derivatives, 9:30 the return of the Political Economy keynote provides both buy side and sell side asset debate to voice your opinion and consider all RCM Allianz Global Investors looking at the TV screens to see if there had been options for market restructuring. Paul Donovan, Managing Director and managers with insights and tools to improve their some worldwide catastrophe that had not been Global Economist, UBS decision making in today’s chaotic markets. A broadcast yet. The other half were looking behind great opportunity to learn how to take control of 13:10 Lunch & Networking In an environment that is becoming increasingly the computers to see if the cables were plugged impacted by geo-political and regulatory events, one’s reactions to moves in the market. in. Shares in consumer products giant Procter 15:00 regulation Panel: Getting to Grips With Paul will address critical questions such as: Are & Gamble alone fell almost 40 per cent. Some the Intricacies and repercussions Of Impending Derivatives regulation So that the rules Give You Opportunities Instead of Challenges Find out from the regulators exactly what is in the regulatory pipeline and why. How do they expect the markets to respond? What impact do they think increased oversight will have on the derivatives trading boom? Make sure you take this chance to give them your feedback and grill them on what they are doing for you to ensure you always will 14:15 Panel Discussion: Strategies For Managing 14:15 Powering the Exchanging World 14:15 Panel Discussion: Managing risk On Your trading 14:15 Dragon’s Den: Derivatives Electronic toolkit trade equity derivatives efficiently. Fund Managers’ Choices Of Best Execution NYSE Technologies Desk: Systemic risk, trading risk, Currency risk If you want to upgrade your derivatives trading desk so that you can take Moderated by: Tom Ungi, Head of Trading, Millenium Capital Rafael Molinero, CEO, Molinero Capital Management advantage of derivatives standardisation imposed by the regulators, Anthony Belchambers, Chief Executive Officer, Futures Partners LLP then investing in the technology to allow you to trade electronically and Options Association (FOA) Kim Johannessen, Chief Technology Officer, GLG Steven Grady, Head of Global Dealing, Barclays Wealth is the next big challenge you face. Our objective is to help you make María Teresa Fábregas Fernández, Deputy Head, Internal Partners the right technology decisions. Best-of-breed technology providers Juan Carlos Nieto, Founding Partner, Index Intelligence Market and Services DG, European Commission will present their solutions and you will learn from the questions and You and your fund manager should make a team. Sounds right? Risk has moved to the top of everyone’s agenda. Managing it, means challenges posed by your peers and competitors. Categories include: David Bailey, Manager, OTC Derivatives & Post Trade This panel discussion is dedicated to effective fund manager knowing it. Knowing it, means tracking it on a daily basis. Your trading Order Management System, Execution Management System, Algo’s and Policy, Financial Services Authority management. It will discuss strategies you can implement to risk is different from your investment risk, but both must be considered Connectivity. Diego Valiante, Research Fellow, European Capital achieve true best execution without going against your fund jointly. manager’s choices. Find out about the best tactics here. Rustam Lam, Director, Global Head of Marketing, RealTick Markets Institute Dave Cliff, Director UK Large-Scale Complex IT Systems 15:00 afternoon Coffee & Networking 15:00 afternoon Coffee & Networking Initiative, University of Bristol EMS technology provider: 15:45 Networking & Coffee In the Exhibition Nitin Gambhir, CEO, Tethys Technology, Inc. Join hundreds of solution providers, partners and peers for some of the best networking in the world of trading and trading technologies. 15:45 Panel Discussion: Understanding EtF 15:45 Developing an Effective Compliance & 15:45 Panel Discussion: Developing a trading Strategy 15:15 Presentation: a European Legislator’s Thousands of buy side traders, sell side brokers, exchanges and Liquidity and trading Monitoring Strategy On Your trading Desk For Different Fund Managers – Different trading Perspective On Derivative Instruments technology providers will be expecting to see you at TradeTech 2011. Bruno Poulin, CEO, Ossiam Chris Simms, COO, Gartmore Investment Methods For Different Investment Strategies Dr. Kay Swinburne, Member, Committee on Economic Daan F. Potjer, Managing Partner & Fund Manager, Management Giovanni Beliossi, Managing Partner, FGS Capital and Monetary Affairs, European Parliament Aethra Asset Management Does your desk have the next rogue trader trading under your Tim Enneking, Chairman, Altima Asset Management With a background in capital markets, Kay has been active lobbying the 16:15 Battle Of the Platforms Debate: Best Practice Stephane Rougier, Global Structured Solutions management? What if they get out of control and bring down your David Miller, Equity Dealer, Invesco Perpetual EU on the best possible regulatory framework for MiFID II. She will be Derivatives Venue Selection For the Buy Side Director, Global Investment Solutions, Aviva Investors business? The difficulties of monitoring and effectively identifying offering you her first-hand insight in to how EU regulation is created and Every fund manager has their own style of investment. This style often Benjamin Fussien, Global Head of ETF Distribution, unusual behaviour on your desk are apparent. The solutions are not. how market participants can better communicate with politicians and Introducing Competition determines, limits or enables your trading style. What are the factors Société Générale Hear this case study to find out one solution to the problem. regulators. Natan Tiefenbrun, Commercial Director, to consider? Have you come to a perfect equilibrium between the Turquoise-London Stock Exchange Group Michael Levas, Founder and Chief Investment Officer, investment style of your fund manager and your trading style? If not, Olympian Capital Management then this session will share some insights into balancing investment Find out how already established and new equity derivatives platforms Liquidity is a word that pops up often in the markets, but what it and trading strategies to achieve maximum returns and minimise cost are distinguishing themselves and assess which one is best in class 15:45 Networking & Coffee In the Exhibition means for ETFs isn’t necessarily what it means for other types of of trading. for you to deliver value, increase efficiency, improve liquidity, bring standardisation as well as transparency for achieving best execution. securities and asset classes. Join hundreds of solution providers, partners and peers for some of A common assumption is that an ETF’s liquidity is determined by the best networking in the world of trading and trading technologies. Followed by the panel discussion Thousands of buy side traders, sell side brokers, exchanges and Natan Tiefenbrun, Commercial Director, its trading volume, but that isn’t necessarily so. The trading volume is more of an indicator of a funds popularity and how much it traded technology providers will be expecting to see you at TradeTech 2011. Turquoise-London Stock Exchange Group in the past – not how liquid it is. Get a good understanding on how your desk can take advantage of the ETF liquidity during this panel. 17:00 Fragmentation Panel Discussion: Will there 16:15 Panel Discussion: How Should Derivatives Be Market Fragmentation For trading and Clearing Clearing Be Opened to Competition and How are the Venues In Derivatives and How Can You Source the CCPs Improving their Services Best Liquidity at the Lowest Cost at all times Exploit how central clearing can make your business grow by providing Stimulated by regulation and clearing requirements, market structure more transparency, reducing transaction costs, lowering systemic risk is evolving very quickly. Hear about how derivative platforms are taking and distribute risk through a central clearing agent. shape, where they are coming from. What does it mean for the market Visit www.tradetecheurope.com for more information and which successful stories they can bring you which will benefit your trading desk? 16:30 Panel Discussion: assessing the role & Cost 16:30 Examining How algos Can Unintentionally 16:30 Examining How algos Can Unintentionally Cause Terence Nahar, Investment Director, Investment Solutions Of Consolidated tape & accurate Data For Your Cause a Flash Crash - and What Can Be Done a Flash Crash - and What Can Be Done about It Team, Scottish Widows Investment Partnership (SWIP) trading Desk about It Christopher D. Clack, Chairman, Financial Stability Mike Chadney, CEO, CityOdds Andrew Allwright, Business Manager Transactions Christopher D. Clack, Chairman, Financial Stability Research Forum, UCL Bertrand d’Anselme, Head of Listed Derivatives Clearing Analytics, Thomson Reuters Research Forum, UCL There is an argument that the flash crash was caused by algos. The and Execution, BNP Paribas David Berry, IPUG, COSSIOM, FISD Executive There is an argument that the flash crash was caused by algos. The machines panicked and sent the world into chaos. If you would like an Committee Member & Market Data Global Sourcing, machines panicked and sent the world into chaos. If you would like explanation of what happened without getting too technical, then this UBS AG an explanation of what happened without getting too technical, then presentation offers a lot of answers to some of the questions about the Andre Kelekis, Head of Global Market Data, BNP this presentation offers a lot of answers to some of the questions market crash. Find out if your trading desk is no longer run by you but Paribas about the market crash. Find out if your trading desk is no longer by your machines and algos. Nikki Beatie, Head, The Market Structure Practice run by you but by your machines and algos. Arguments against a consolidated tape for Europe include the cost of such a project - and who would bear that cost-and uncertainty over who would fulfill the role of administrator; the fact that, unlike the US, no equivalent of the National Market System exists in Europe for onward-routing of stocks between venues to ensure investors’ trades are executed at the best price; and the fact that commercial pressures in the US are now overtaking the limitations of the CTA model. Join this debate to hear the different arguments for and against consolidated tape. Make your voice heard, propose 17:35 Case Study: risk Management In Derivatives new ideas and solutions to the problem. Debate and discuss. trading and How to Improve Your risk Management 16:45 Panel Discussion: Identifying Synergies Between Systems to Provide You Guidance On the Most Sound Equities & Derivatives trading to Successfully replicate System Positive Equities Experiences Onto the Derivatives Discover useful methods for measuring and managing the major risks Landscape your desk is facing and get ready for regulatory changes Many organisations trade derivatives and equities from the same · Demonstrating a state of the art risk management capability satisfy desk. How can technology be better blended to make this multi-asset the demands of clients and regulators specialisation even more seamless? Can speed and liquidity from one · As integrated risks will be a higher priority in tomorrow’s desk be transposed onto another? Understand the synergies between unpredictable financial environment, how can you improve your risk these two types of trade so you can make sure your trading desk stands management systems and OTC derivatives processing? out from your competitors. Yury Dubrovsky, Chief Risk Officer, Lazard Asset Jeremy Bezant, Partner, RFQ-Hub Management Anders Kulp, Head of Trading, Estlander & Partners Yury Dubrovsky, Chief Risk Officer, Lazard Asset Management 17:15 Non Verbal Communication – Preview Of the Seminar By Joe Navarro On april 15th Given that body language accounts for 60-80% of all interpersonal communication it is a necessity not a luxury to be able to decipher what others are truly thinking, feeling, desiring, or intending. The skill to understand and use nonverbal communications gives you a significant advantage over your peers, your colleagues, and your competition. Nonverbal intelligence is a requirement to effectively differentiate yourself and your business in a competitive environment. Join this sneak preview of the seminar taking place on the 15th of April. You will not regret spending the time or the money, learning how to influence colleagues, competitors and clients. Become smarter than others through effective non verbal communication. 17:45 End of Conference Phone: +44 (0)20 7368 9465 Email: tradetech@wbr.co.uk Website: www.tradetecheurope.com P5
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    April 12, 2011 High Frequency Trading: Challenges, Threats & Opportunities For Long Only Buy Side & Brokers this Focus Day is dedicated to High Frequency trading – how it works as a strategy, the impact it has on the markets, and the technology needed to make it work for you. It will provide you with the facts beyond the industry hype. It will give you the tools and business strategies to establish your own HFt business. If you are interested in creating a low latency, robust and state-of-the-art trading platform, this is the event for you. Meet the exchanges and brokers and find out how their platforms are changing. Learn from HFt firms and prop desks what works and what doesn’t in the high stakes big profits HFt game. Don’t get left behind! 8:30 Chair’s Welcome address John Greenan, Global Multi-Asset Connectivity Manager, BNP Paribas Fortis Investments David Smith, Economics Editor, The Sunday Times Remco Lenterman, Managing Director, “For me, the crisis ushered in the busiest period I have known. Most economic and financial crises follow IMC a set pattern. Either governments and central banks deliberately engineer slowdowns which spill over into Martin Ekers, Head of Dealing, recession or there is a big initial economic “shock”, such as a sudden rise in oil prices, followed by a series Northern Trust Global Investments of smaller aftershocks. This was different. The shocks kept coming and increased rather than decreased Prof Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative, in intensity. The initial events, the crisis for some US mortgage lenders, the problems at two Bear Stearns University of Bristol hedge funds followed by difficulties at some European banks and then the run on Northern Rock, almost Is HFT good for the world? Many argue it will eventually kill the market. Others rightly point out that HFT paled into insignificance in comparison with what followed. …. There were times when, even professionals provides well over 50% of your daily liquidity. We don’t want to live with it, but can’t live without it. Which thought their money was safest under the mattress. … The truth was, however, that if the banking system side are you on? Join this live debate to hear the different sides of the HFT story. Don’t listen to the hype, went down there would be no compensation. There would be no economy. How did we get to such a decide for yourself. All participants in this debate represent a different viewpoint on HFT. They will present situation?” From “The Age of Instability” by David Smith. you with a comprehensive picture on HFT and a great spectacle in a form of a debate. Join David Smith as he opens the day on one of the most contentious subjects in the markets today – high 13:00 Lunch frequency trading. Find out more about high frequency strategies and their impact on your business. Learn, debate and make your decisions on HFT during this focus day. 14:30 High Frequency trading Strategies In the US: What Is the truth & How Is It Different From Public Opinion 9:00 Opening Guest address: How is regulation Shaping the Market and How Is the Market reacting? Garrett Nenner, Managing Director, Global Markets, Momentum Trading Larry Tabb, CEO, Tabb Group Garrett J. Nenner’s experience in the financial markets ranges from the back-office to trading at well known The SEC has put forward an initial set of proposals and a consultation paper on HFT. The UK FSA is currently brokerage and money management firms. He currently runs the trading desk at a privately held hedge working on a definitive strategy and approach to HFT. This review of the way electronic markets are used is fund and is a practicing high frequency trader. This presentation will give you unique insight into HFT, its a clear sign that HFT faces new regulation in the future but questions remain about the impact this will have. strategies, practical realities of operating in high frequency world and the best ways of interacting with it. Don’t miss this overview of the current regulation of trading landscape so that you can forecast its impact What you hear in the media may or may not be true. Form your own opinion. on your trading desk. 15:00 Developing an Effective Strategy to Interact With High Frequency traders In Light & Dark trading 9:45 Developing & Implementing an Effective High Frequency Investment & trading Strategy: Looking at the Environments Business Model, Its Strengths & Weaknesses Peter van Kleef, Principal, Lakeview Capital Market Services GmbH Peter Nabicht, CTO, Allston Trading This case study will show you some practical and easy to implement strategies for interacting with HFT. Get to grips with HFT during this presentation. Find out how HFT strategies are designed, how profits Most of your trades will inevitably interact with the HFT flow. You are likely to choose your trading venues are achieved, what the challenges and threats are in a high frequency environment. Most of you will be according to your strategy on HFT interaction and choice of flow. Join Peter van Kleef to see how you can interacting with high frequency flow on most of your trades. If you think HFT is outsmarting your trading take advantage of HFT, and not the other way. strategy, then you may well be right! This presentation will show you how it is possible and what you can do to win in the high frequency race. 15:30 academic Presentation: High Frequency trading & Its Impact On the Markets – a View From the US 10:15 Overview Of Market Structure, Its Dynamics & Future Changes In trading Structure: Citadel Perspective Jonathan Brogaard, Kellog School of Management, North Western University Matteo Cassina, President, Execution, Citadel Europe High Frequency Trading is not only the fastest growing subset of trading, it is equally profitable and controversial. The public perception of HFT is incredibly negative with most people believing that it has a negative effect on price Many argue that the traditional market maker model has been mostly replaced by high frequency trading, with discovery, liquidity and that plainly put, it isn’t fair. Jonathan Brogaard will show you evidence that high frequency inevitable changes to the trading landscape and traditional market structure. Has HFT impacted your trading trading contributes to price discovery and liquidity. There is also evidence that it has a minimal impact on volatility behaviour? What happened to the market makers? How do HFT firms see the market and what is their view of the and may even reduce it. HFT demand for liquidity (42.7%) is slightly higher than their supply of liquidity (41.1%) and future. Join this presentation to hear a view from a high frequency trading firm. Hear the truth from the “horse’s they provide the inside quote about 65% of the time. If HFTs were not market participants, the average lot trade (100 mouth”. You may be surprised by what you hear about HFT and its role in the marketplace. shares) would have an adverse price movement of $0.013 more than it does currently (for trades of 1000 shares, 10:45 Morning Coffee the adverse price movement would be $0.056). 11:15 PaNEL DISCUSSION: Building Intelligent & Efficient regulation to Help Bring Consistent transparency & 16:15 afternoon Coffee Fair Play to the Markets: a View On HFt 16:45 PaNEL DISCUSSION: assessing How High Frequency trading Has affected Pricing Fluctuations, Your Tim Rowe, Manager, Trading Platforms and Settlement Policy, trading Strategy & Investment – are We Playing In a Casino? Financial Services Authority Michael Levas, Founder and Chief Investment Officer, Rhodri Preece, Director, Olympian Capital Management CFA Institute Peter Nabicht, CTO, David Beardsworth, Securities & Markets Team, Allston Trading HM Treasury Garrett Nenner, Managing Director, Global Markets, Having heard Larry Tabb analyse the current state of HFT regulation join this panel discussion to debate Momentum Trading and question the regulators themselves. MiFID 2 should be at the top of your agenda, because it is bound Nick Nielsen, Head of Trading, to affect your trading strategies and business plans. Join this panel discussion to hear about the regulatory Marshall Wace plans and to have an open discussion with the regulators. Make your voice heard, ask questions and prepare Retail and institutional investors have been stunned at recent stock market volatility. The proliferation of a for the future. new generation of very profitable, high-speed, computerised trading firms and methods that are causing retail and institutional investors to chase artificial prices. Do you really believe that you are chasing artificial 12:00 DEBatE: Is High Frequency trading Good For Your Business, the Market & End Investors? prices? This panel debate is all about the future of the markets and the role of HFT in the trading landscape. Matteo Cassina, President, Execution, Are you trading in a casino? If yes, who is the house? Find out the different views on the matter and make Citadel Europe your opinion heard. April 15th, 2011 Interactive Seminar: Mastering the Art of Nonverbal Communications To Win More Clients & To Become An Effective Leader By Joe Navarro, Former FBI Agent, World Specialist On Non-Verbal Communication Given that body language accounts for 60-80% of all interpersonal communication, it is a necessity not a luxury to be able to decipher what others are truly thinking, feeling, desiring, or intending. Understanding and using nonverbal communications gives you a significant advantage over your peers, your colleagues, and your competition. Nonverbal intelligence is a requirement to effectively differentiate yourself and your business in a competitive environment. In this seminar, which is based on his lectures at the Harvard Business School, Joe Navarro, a world-leading expert on the applied use of nonverbal communication and ex-FBI special agent, will provide you with the crucial insights you need to effectively assess and influence others. Drawing on his decades of experience in behavioral sciences and 25 years in the FBI, Joe will take a fresh look at nonverbal intelligence as a skill to differentiate you and your business. Because when all the competition looks alike, it’s mastery of nonverbal intelligence that can set you apart. Useful In Management, Negotiations, Client Relations Practical Ways To Win And Due Diligence, Joe Will Show You: This seminar will be practical, detailed, and full of valuable pointers on how to lead, how to communicate more effectively and how to ensure that you have the best interpersonal relations with those you interact. You will be better able to take advantage of the information others are giving away, while at the same time • how to “pierce the veil” so that you can interact with others and negotiate more effectively. creating a more positive environment for your employees, customers and clients. • how to properly observe others to understand their true thoughts, feelings, desires and intentions. • how to differentiate you and your business using strategies which will positively influence others. Thought provoking, educational and entertaining, the seminar will leave you with information you can immediately put to use. It will change the way you do business. It will open new frontiers into interpersonal • how to manage your own “curbside appeal” by utilizing the powerful influence of nonverbals. communication and client mastery. • the importance of psychological comfort and how creating a “comfort dividend” ensures first and last impressions that inspire and attract others. This material is highly applicable to any business person, particularly senior managers, those who manage • how “movement to action” is one of the primary ways we inspire and create brand loyalty. teams, sales people or for those conducting due diligence. • why the “Four Imperatives®” are critical to success and why mastering them gives you the potential Here is your rare opportunity to learn from the expert—the ex-FBI Special Agent, “Spycatcher,” Harvard to be not just great, but exceptional. lecturer and bestselling author (What Every Body is Saying), Joe Navarro. Official TradeTech The Official Newspaper of Media partners: Communications Agency TradeTech 2011 Published by The Trade P6 Phone: +44 (0)20 7368 9465 Email: tradetech@wbr.co.uk Website: www.tradetecheurope.com
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    Lead Sponsor: Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides best execution. Our equities and options algorithms are integrated with an end-to-end electronic trading product suite that includes our large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk dynamic smart order router, LX® Liquidity Cross, our internal crossing network, and Portfolio WebBench®, our leading-edge analytics management needs. Barclays Capital has offices around the world, with the global reach, advisory services and distribution power to platform for pre-, post-, and intra-trade performance analysis. By leveraging these tools, our Electronic Sales Trading teams work closely meet the needs of issuers and investors worldwide. with our clients to provide them with custom solutions and execution consultancy to help give them a competitive edge. Barclays Capital is an acknowledged leader in advanced equity products and services. Our sales and trading teams provide clients BARX is Barclays Capital’s award-winning electronic services offering, which provides electronic execution across fixed income, FX, with distinctive trading insight, full-service trade execution and customised solutions across all products. Through a comprehensive futures, commodities, money markets, emerging markets, structured products and equities. For further information, please visit our offering of electronic trading solutions, Barclays Capital Equities provides intelligent access to unique liquidity to help our clients achieve website at www.barclayscapital.com or call +44 (0) 20 7773 8500. Principal Sponsors: Bank of america Merrill Lynch Global Execution Services offers a full suite of premier equity trading solutions London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates enhanced by the firmís vast global resources, access to superior liquidity, world-class technology and leading scale a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa positions in the capital markets. The range of offerings includes capital commitment and block trading, portfolio trading, Italiana; MTS, Europe’s leading fixed income market; and Turquoise, offering pan-European and US lit and dark direct market access, sophisticated quantitative analytics and research, and our powerful algorithmic trading platform. equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital Located in 40 countries around the world, Bank of America Merrill Lynch provides clients with global and multi-asset markets. The Group is a leading developer of high performance trading platforms and capital markets software and class offering. For more information, go to: www.baml.com also offers its customers around the world an extensive range of real-time and reference data products and market- leading post-trade services. Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 BNP Paribas (S&P AA) is one of the six strongest banks in the world and the largest bank in the eurozone by people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com deposits. GECD is the business line within CIB which combines the complementary activities of Structured Equity, Flow & NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading Financing and Commodity Derivatives. technologies. The company’s exchanges in Europe and the United States trade equities, futures, options, fixed- Structured Equity and Flow & Financing offer a full range of innovative equity, index and fund-linked products. In income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured addition, they offer a comprehensive range of research and execution services in Asian equity products and their Products), NYSE Euronext’s equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE derivatives. Commodity Derivatives offers a full range of price risk management solutions. Alternext and NYSE Arca – represent one-third of the world’s equities trading, the most liquidity of any global BNP Paribas Securities Services is a wholly-owned subsidiary of the BNP Paribas Group. We are Europe’s leading securities services provider and provide exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and post-trade administration solutions to buy-side and sell-side financial institutions and issuers. Our network is one of the most extensive in the industry, the world’s second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market covering over 100 markets with our own offices in 32 countries. We bring together local insight and a global network to enable our clients to maximise data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index their market and investment opportunities worldwide. and Fortune 500. For more information, please visit: http://www.nyx.com Part of the Crédit agricole Group, CA Cheuvreux is the 1st pure-agency European equity broker. Its historical, multi-local model positions CA Cheuvreux as a cutting edge outperformance provider for its 1,200 Institutional realtick is the industry’s premier multi-broker, broker neutral, global, multi-asset trading platform, available through Investor clients. CA Cheuvreux offers extensive, high value-added services in Research, Sales and Execution. With its flagship Execution Management System desktop, comprehensive data and trading APIs, RealTick for Microsoft 90 analysts and economists, and an unparalleled coverage of 700 stocks, CA Cheuvreux is continuously ranked in Excel® plug-in, FIX and RealTick Mobile™. RealTick’s ease of use, unsurpassed flexibility and fully customisable the Top 5 for European Country research and Top 3 European Corporate Access provider. CA Cheuvreux provides trader experience delivers intuitively integrated analysis, execution and evaluation for smarter decision making and extensive market access to 100 execution platforms worldwide including all major MTFs and Dark Pools. Ranked better investment performance through the trading cycle. This includes advanced trading tools; unrivalled electronic n°1 in Sales Trading Client Service, CA Cheuvreux’s execution specialists offer a wide spectrum of first-class products: DMA, Algorithmic Trading, Global access to leading global brokers and their products, plus exchanges, ECNs, ATSs and alternative pools of liquidity; Portfolio Trading, Equity Swaps and its own internal crossing engine. real-time market and derived data, news, pre- and post analytics and proven risk management suite. Used by institutions, broker-dealers and traders worldwide, RealTick is supported by state-of-the-art global data centers, network redundancy and world class client service model for ultimate stability, Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader resiliency and reliability. www.realtick.com. *RealTick is a registered trademark of Townsend Analytics, Ltd. in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 77,053 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The SunGard is one of the world’s leading software and technology services companies. It has more than 20,000 bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional employees and serves 25,000 customers in 70 countries, providing software and processing solutions for financial value for its shareholders and people. www.db.com services, higher education and the public sector. SunGard also delivers disaster recovery services, managed IT autobahn® Equity is Deutsche Bank’s global electronic trading platform, offering smarter liquidity in over 60 services, information availability consulting services and business continuity management software. With annual trading venues globally. Allow Deutsche Bank’s Smart Order Router to manage your execution needs using proprietary routing logic to intelligently access revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business displayed liquidity, or use SuperX to seek dark liquidity while offering a sophisticated level of order protection. For further information on autobahn® Equity: software and IT services company. For more information, please visit www.sungard.com aesales.emea@db.com About SunGard Solutions for Global Trading SunGard provides equities, futures, fixed income and options traders with multi-asset, front-to-back trading and risk management solutions on 110+ markets worldwide. SunGard’s Valdi supports the entire trade lifecycle, and includes market data, integrated Goldman Sachs is a leading global investment banking, securities and investment management firm that provides trade and order management systems, advanced and smart execution services, risk management, and clearing and settlement solutions. SunGard’s a wide range of services worldwide to a substantial and diversified client base that includes corporations, financial Protegent provides the tools to manage global regulatory compliance, surveillance and suitability requirements. SunGard’s global trading solutions help institutions, governments and high net worth individuals. Founded in 1869, it is one of the oldest and largest buy and sell-side firms achieve increased performance, low latency and execution across multiple platforms, instruments and geographies. www.sungard. investment banking firms. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, com/globalelectronictrading Contact us: info.globaltrading@sungard.com Hong Kong and other major financial centers around the world. Goldman Sachs Electronic Trading provides clients with the necessary tools to manage their trades from start to thomson reuters is the world’s leading source of intelligent information for businesses and professionals. We finish, from pre-trade analytics to post-trade analysis. Clients access our products via FIX or our top-ranked EMS platform, REDIPlus®. Customers can combine industry expertise with innovative technology to deliver critical information to leading decision makers in seek liquidity using our suite of multi-asset algorithms, route to optimal destinations using our SIGMA smart router, and take advantage of non-displayed the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world’s most liquidity through our SIGMA and SIGMA X non-displayed liquidity suite. Along with providing clients access to global equity markets, we also offer FX, trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Futures, and Options across North America, Europe, and Asia. Thomson Reuters employs 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed Investment technology Group, Inc., is an independent agency research broker that partners with asset managers on the Toronto and New York Stock Exchanges. For more information, go to www.thomsonreuters.com globally to improve performance throughout the investment process. A leader in electronic trading since launching the POSIT® crossing network in 1987, ITG takes a consultative approach in delivering the highest quality institutional UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in liquidity, execution services, analytical tools, and proprietary research insights grounded in data. Asset managers Switzerland. We combine our wealth management, investment banking and asset management businesses with our Swiss rely on ITG’s independence, experience, and intellectual capital to help mitigate risk, improve performance, and operations to deliver superior financial solutions and manage CHF 2.2 trillion in invested assets. UBS Direct Execution is the navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, firm’s global institutional electronic trading business. Direct Execution offers ultra-low latency Direct Market Access (DMA), Europe, and the Asia Pacific region. For more information on ITG, please visit www.itg.com. a suite of award-winning advanced Algorithmic Trading strategies, a state-of-the-art analytics platform — offering Real-Time TCA — called UBS Fusion, and a multi-asset international execution management system called UBS Pinpoint. Knight is a global financial services firm that provides trade execution, research, asset management and capital market services across multiple asset classes. The firm is consistently ranked as a leading source of liquidity in The Xetra business unit of Deutsche Börse provides listing, trading and clearing services for issuers, intermediaries U.S. equities with over 10 billion shares traded daily. Knight has a growing global presence with offices located and investors. Xetra provides efficient access to the capital markets, supports the latest trading techniques and throughout North America, Europe and the Asia-Pacific region. For additional information about Knight Capital provides an ever-growing range of tradable securities. The trading system of the same name sets the highest Group, Inc. (NYSE Euronext: KCG) please visit www.knight.com standards in terms of reliability, security, speed and innovation. Xetra offers the highest liquidity, transparency and cost efficiency to more than 250 European banks and brokerage firms from 19 countries. Approximately 400,000 securities are currently traded using Xetra technology, more than on any other trading platform. Sponsors & Exhibitors: Charles river Development is a front-/middle-office investment software solutions provider, serving over 300 investment firms in more than Morgan Stanley is a leading global financial services firm providing investment banking, securities, investment management and 35 countries representing the institutional asset/fund management, wealth management/trust, alternative, insurance, pension fund and fund wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, institutions and administration/custody markets. Charles River maintains headquarters in Boston, primary offices in Beijing, London, Melbourne, New York, individuals from more than 1,300 offices in 42 countries. Paris, Sao Paulo, Singapore and Tokyo, and has a local presence in all other major financial centers of the world. Morgan Stanley Electronic Trading (MSET) provides a complete spectrum of services from pre-trade analytics and execution to post-trade execution The Charles River Investment Management System is a multi-asset/multi-currency software suite consisting of five main modules: Charles River Manager - performance analysis and commission management. We offer a comprehensive algorithmic trading suite and various direct market access (DMA) strategies, portfolio management/modeling; Charles River Compliance - real-time pre-trade/in-trade/ post-execution/end-of-day compliance monitoring; Charles River including our smart order routing technology and our dark liquidity pool aggregator. Whether you are connecting to us via a third-party order management Trader - order management/electronic trading/execution management; Charles River Post-Trade - centralized management of trade matching/confirmation/ system or using our Morgan Stanley Passport execution management system, our global product offering provides seamless access to trade portfolios, settlement workflow; and Charles River Performance - daily performance measurement/attribution/performance risk. The company also offers the Charles single stocks, ETFs, options, futures, swaps, and foreign exchange. Our team is committed to providing stellar trading solutions for the most demanding River Anywhere Web-based workstation, the fully-integrated Charles River FIX Network and implementation/application management services and hosting specifications. solutions. solutions. Phone: +44 (0)20 7368 9465 Email: tradetech@wbr.co.uk Website: www.tradetecheurope.com P7
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    CREATED FOR THEINDUSTRY BY THE INDUSTRY! TradeTech’s key goal is to ensure that the event focuses on the key challenges and opportunities that you are facing. To The TradeTech 2011 Advisory Board has been instrumental in creating the conference agenda, choosing speakers and achieve this goal the TradeTech team do two things. Firstly we research with the industry. Every single TradeTech participant ensuring that TradeTech 2011 focuses on the challenges and issues facing the equity & derivatives trading community globally. is asked to contribute to the agenda, giving us their ideas, challenges and suggestions for conference topics, formats and WBR, the organisers of TradeTech 2011, would like to thank the members of the Advisory Board for their time, support and speakers. Having listened and research widely with the trading community, we enlist the help of our TradeTech 2011 Advisory ideas, which will form the core of the event this year. Board to help us select conference discussion topics, bring new debates and sessions to the event and find the most innovative, interesting and thought provoking industry speakers. TradeTech 2011 Industry Advisory Board Larry Tabb, Founder & CEO, Kee-Meng Tan, Managing Director, Global Head of Electronic Steven Grady, Head of Global Dealing, Tabb Group Trading, Knight Barclays Wealth Betsy Andersen, Head of Trading, Natan Tiefenbrun, Commercial Director, Turquoise Tony Brennan, Senior Vice President, Head Of Trading, Ignis Asset Management London Stock Exchange Group Nomura Asset Management UK Sheena Kelman, Head of Trading, Steve Grob, Director of Group Strategy, Chris Sims, COO, Martin Currie Fidessa Gartmore Investment Management Huw Gronow, Head Trader, Bruno Poulin, CEO, Peter van Kleef, Principal, Principal Global Investors Ossiam Lakeview Capital Market Services GmbH Carl James, Global Head of Fixed Income & FX Dealing, Cees Vermaas, CEO And Chairman, NYSE Euronext Amsterdam, Diana Chan, CEO, BNP Paribas Investment Partners Member Of The Management Committee, NYSE Euronext EuroCCP Martin Ekers, Head of Dealing, Richard Semark, Managing Director, Client Trading & Execution, Rob Maher, Managing Director, Advanced Execution Services, Northern Trust Global Invesmtents UBS Credit Suisse Vincent Moojer, Investment Manager, Head of Equities Trading, Brian Gallagher, Executive Director, Guillaume Lemarchand, Global Head, Global Execution PGGM Morgan Stanley Services, BNP Paribas Nick Nielsen, Head of Trading, Rustam Lam, Director, Global Head of Marketing, Marshall Wace RealTick Damian Bunce, European Head of Electronic Sales Trading, Barclays Capital Ruben Lee, CEO, Marcus Hooper, Executive Director, Oxford Finance Group Pipeline Financial Group Sylvia Carrasco, Investment Management Partner, Alion Capital Dave Cliff, Director UK Large-Scale Complex IT Systems Jack Vensel, Head of Electronic Trading, Initiative, University of Bristol Citi Buy Side Only Networking & Roundtable Discussions – EXCLUSIVE TO BUY SIDE PARTICIPANTS! April 13, 2011 – Afternoon Sessions The Buy Side Only Roundtable Discussions take place on the afternoon of the 13th of April and are a unique opportunity for you to exchange strategies and experiences with your buy side colleagues. Find out if your buy side peers are facing the same challenges as you are. Learn what strategies they are using to trade in the current fragmented environment. Find out what works and what doesn’t. …..the one with the buy side… A View From Buy Side Board Room Every year TradeTech welcomes a number of Chief Executive and Investment Officers to its plenary sessions to give you a view from the very top Its no suprise that Trade Tech is known as “the one with the buy side”. Take a look for yourself at this list of buy and sell side of the business. This year we are delighted to welcome Kevin Cronin, Global Head of Equity Trading, Invesco and Richard Lacaille, Chief Investment Officer, State Street Global Advisors who will be focusing on the future of the asset management industry as well as their of leading buy side firms who have already confirmed their attendance at Trade Tech 2011 - and there’s particular strategies for investment and company management. Join these unique keynote presentations to learn what your peers and customers still four months to go! are planning, find out about their vision for the future and take their best ideas to your business and your team. Threadneedle Investment • Alize Trading • Tibra Capital • Optiver • AXA Investment Managers Kevin Cronin, Global Head of Equity Trading, Richard Lacaille, Chief Investment Officer, • Schroder Investment Management • Spire Europe • Legal & General • Banca Generali Asset Invesco State Street Global Advisors Management • Sector Asset Management • Mako Global Derivatives • SSGA • IMC Asset Management • Russell Investments • Pictet • Sparinvest • Clariden Leu • Landesbank • River and Mercantile Asset Management • FM Capital Management • Groupama AM • Saemor Capital • Indus Fund TradeTech 2011 Brings You And Your Team The Most Outstanding List Of Management • CB Richard Ellis Investors • Zurich Capital Management • Shore Capital Stockbrokers Speakers Ever! • Intercapital Asset Management • Goldman Sachs Asset Management • AlphaNex Capital • BZ WBK Daan Potjer Managing Partner & Fund Manager Brian Mitchell COO, Investment Division Gartmore Roman Lokhov CEO Otkritie Securities Limited AIB Investment Fund Corporation • Generali IM • Dnb Nor Asset Management • Gulf International Bank Aethra Asset Management Chris Simms COO Gartmore Investment Ruben Lee CEO Oxford Finance Group • Orbixa Management Services • AMC Group • Aberdeen Asset Management • Newton Investment Sylvia Carrasco Investment Management Partner Management Vincent Moojer Investment Manager, Head of Alion Capital Kim Johannessen Chief Technology Officer GLG Equities Trading PGGM Management • Societe Europeenne De Banque • IPM • CM-CIC Asset Management • Folketrygdfondet Christoph Mast Managing Director Global Head of Partners Simo Puhakka Head of Trading Pohjola Asset • Franklin Templeton Investments • Gartmore Investment Management • Catella Kapitalförvaltning • Trading, RCM Allianz Global Investors David Beardsworth Securities & Markets Team HM Management Ltd Peter Nabicht CTO Allston Trading Treasury Huw Gronow Head Trader Principal Global Investors Deka Investment • Sanlam Investment Management • HSBC Global Asset Management • Coutts & Co Tim Enneking Chairman Altima Asset Management Juan Nieto Founding Partner Index Intelligence Victor Lebreton Managing Director Quant Hedge • Robeco Asset Management • Marble Bar Asset Management • Otus Capital Management • Hermes Steven Grady Head of Global Dealing Barclays Matthew Finnie CTO Interoute Jeremy Bezant Partner RFQ-Hub • Japan Invest • AIB WBK Fund Management • Erste Investment Hungary • WH Trading • Bank Wealth Kevin Cronin Global Head of Equity Trading Invesco Toby Bayliss Co-Head of Trading, Europe John Humphrys Presenter & Broadcaster BBC David Miller Equity Dealer Invesco Perpetual Julius Baer & Co • CBRE Investors • Old Mutual Asset Managers • Silchester • Swisscanto Group Terence Nahar Investment Director, Investment Andre Kelekis Head of Global Market Data BNP Robert Boardman Managing Director ITG Solutions Team Scottish Widows Investment • Finasta Asset Management • Pareto Asset Management • Cap Alpha Energy Trading • BlueQuant Paribas Partnership Lee Bray JP Morgan Asset Management • Fidelity • Brevan Howard Asset Management • BBVA Asset Management • Bank of Piraeus Asset John Greenan Global Multi-Asset Connectivity Christian Katz CEO SIX Swiss Exchange Manager BNP Paribas Fortis Investments Neil Joseph Vice President, Equity Trading JP Management • Millenium Capital Partners • Artemis Investment Management • Kempen & Co • Tullius Morgan Asset Management Richard Lacaille Chief Investment Officer State Matthew Collis Head of Trading Brewin Dolphin Street Global Advisor Walden • BHF Bank Asset Management • Cedar Rock Capital • GLC Limited • Landesbank Berlin Martin Henning Head of Trading Kapitalanlage- Adam Majerowski Head Dealer BZ WBK AIB Gesellschaft, BNY Mellon Service Christopher Rice Senior Managing Director State Investment Fund Corporation Street Global Advisors • Pioneer Investments • BNY Mellon Asset Management • Ardevora Asset Management • Banque Bradley Duke Managing Director Knight Capital Roger Bootle Managing Director Capital Economics Europe Stuart Grant Financial Services Business De Luxembourg • Lion Trust Asset Managment • Pohjola Asset Management • DZ Bank • JM Finn Robin Griffiths Strategist, Fund Manager Cazenove Development Manager Sybase Joe Wald Managing Director Knight Equity Markets & Company • Arrowgrass Capital • Partners Group • Norges Bank Investment Management • Arca Capital Management Larry Tabb Founder & CEO Tabb Group Peter van Kleef Principal Lakeview Capital Market Karel Lanoo Chief Executive Officer Centre For Partners • BlackRock • Alion Capital • Prima Asset Management • Lazard Asset Management • European Policy Studies Services GmbH Nitin Gambhir CEO Tethys Technology Lombard Odier • Jo Hambro Capital Management • Cazenove Capital Management • Deutsche Bank • Daniel Sioberg VP Strategy, Business Development Nikki Beatie Head The Market Structure Practice Rhodri Preece Director CFA Institute & Marketing Level 3 David Smith Economics Editor The Sunday Times First State Investments • Lyxor AM • Parsumo Fund Management • Royal London Asset Management Denzil Jenkins Director of Regulation Chi-X Europe Richard Peterson Fund Manager, Psychiatrist & Ken Yeadon Managing Partner Thematic Capital • Alliance Bernstein • Santa Fe Partners • CQS Management • Two Sigma Investments • Legg Matteo Cassina President, Execution Citadel Europe Neuroeconomics Expert MarketPsych.com Philippe Buhannic CEO TradingScreen Zina Psiola Head of Emerging Markets Clariden Leu Nick Nielsen Head of Trading Marshall Wace Mason • Molinero Capital • Algo Engineering Europe • Fideuram Asset Management • Bellevue Asset David Lester CEO Turquoise Kerim Derhalli Managing Director and Global Head Tom Ungi Head of Trading Millenium Capital Management • Ruppert Trading • BlueCrest Capital • Norges Banks • SEB Asset Management • of Equity Trading Deutsche Bank Partners David Berry IPUG, COSSIOM, FISD Executive Committee Member & Market Data Global Sourcing Getco • Axa Rosenberg • John Locke Investments • State Street Global Markets • Sarasin & Partners Sean Taylor Director, Financial Intermediaries Rafael Molinero CEO Molinero Capital Management UBS AG Deutsche Bank LLP • Quant Hedge • Unigestion • BP • Estlander & Partners • Superfund Asset Management • Northern Mike Jackson formerly Chief Of The General Staff Rob Passarella VP and MD of Institutional Markets Garrett Nenner Managing Director, Global Markets UK MOD Trust • Mondrian Investment Partners • PGGM • Credit Suisse Private Banking • Carnegie Bank • GLG Dow Jones Momentum Trading Chris Clack Director of Financial Computing Gerald Santing Managing Director, Markets Dubai Andrew Silverman Managing Director Morgan University College London Partners • Bank Vontobel • ATA Invest Asset Management • Thematic Capital Partners • Daiwa Asset Financial Services Authority Stanley Dave Cliff Director UK Large-Scale Complex IT Management • Ikos • M & G • SEB Enskilda • JP Morgan Asset Management • GIC • Moore Capital • Anders Kulp Head of Trading Estlander & Partners Jonathan Brogaard Kellog School of Management Systems Initiative University of Bristol Maria-Teresa Fabregas-Fernandez DG Markt EU North Western University Macquarie Capital Funds • Lynx Asset Management • Jupiter Asset Management • Andra AP-Fonden Joe Navarro Former FBI Agent World Specialist On Diana Chan CEO EuroCCP Martin Ekers Head of Dealing Northern Trust Global Non-Verbal Communication (AP2) • Quantlab • Francisco Partners • Pinebridge Investments • Saxo Bank • LD Invest Equity • Invesmtents Giovanni Beliossi Managing Partner FGS Capital Eliza Manningham-Buller BUDA-CASH • Tell Capital • Mandatum Life Insurance Co. • UBS Global Asset Management • Soc Lisa Dalmer COO European Cash Markets NYSE Tim Rowe Manager, Trading Platforms and Euronext Gavin Little Gill, Head of Asset Management Gen Tourmaline • Natixis AM • Chicago Trading • RGM Advisors • Swedbank Robur • Lombard Odier Settlement Policy Financial Services Authority Strategy, Linedata Michael Levas Founder and Chief Investment Alexander Justham Director of Markets FSA Officer Olympian Capital Management Darier Hentsch & Cie • Citadel Investment Group • Odey Asset Management • Shell Asset Management Anthony Belchambers Chief Executive Officer Bruno Poulin CEO Ossiam • Sloane Robinson • La Branche Investment Management • Degroof Fund Management • Alliance Futures and Options Association Trust Savings • Eczacibasi-UBP Asset Management • Baader Bank • FGS Capital • Kas Investments • There simply isn’t another event with such breadth and depth of experience, strategies, ERSTE Investment • Brewin Dolphin ideas and information! P8 Phone: +44 (0)20 7368 9465 Email: tradetech@wbr.co.uk Website: www.tradetecheurope.com
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    TradeTech 2011 Booking code: Registration form Your choice of registration package Please tick which package you wish to register for: Bookings received before 28th January Bookings received after 28th January Main Conference £1599 (SAVE £600!) £2199 Main Conference + HFT Focus Day £2199 (SAVE £750!) £2949 Main Conference + Joe Navarro Workshop £2098 (SAVE £600!) £2698 Main Conference + Focus Day + Workshop £2698 (SAVE £750!) £3448 Add CD Rom* £200 £200 Prices are subject to the applicable UK VAT rate: In 2010 prices are subject to 17.5% UK VAT - From January 2011 prices will be subject to 20% UK VAT Groups: Group discounts are only applicable to individuals from the same office who register and pay at the same time. Get ‐ 25% off your third delegate Get ‐ 40% off all subsequent delegates *If you are unable to make it to the conference, but would still like to purchase the CD Rom, contact us on +44 (0)20 7368 9465 Four easy ways to register... Delegate Details (photocopy for multiple bookings) Yes! i WiLL Be attending tRadeteCh 2011 1. Fax your completed registration form to WBR Last Name: (Mr/Mrs/Ms): on +44 (0)20 7368 9401 First Name: 2. Phone WBR on +44 (0)20 7368 9465 Job Title: Department: 3. visit www.tradetecheurope.com and Registration Contact: Company: register for the event online Address: 4. e-mail us at tradetech@wbr.co.uk City: Country: Post Code: Telephone: WBR Ltd CanCeLLation, PostPonement and suBstitution PoLiCy: Fax: You may substitute delegates at any time by providing reasonable advance notice to WBR. For any E-Mail: cancellations received in writing not less than twenty-two (22) days prior to the conference, you Company VAT No. will receive a 90% credit to be used at another WBR Ltd conference which must occur within one year from the date of issuance of such credit. An administration fee of 10% of the contract fee will Signature: be retained by WBR Ltd for all permitted cancellations. No credit will be issued for any cancellations occurring within twenty-one (21) days (inclusive) of the conference. In the event that WBR Ltd cancels an event for any reason, you will receive a credit for 100% of the contract fee paid. You may Payment Details use this credit for another WBR Ltd event to be mutually agreed with WBR Ltd, which must occur Payment should be received by WBR Ltd within 7 days of the invoice date or by within one year from the date of cancellation. In the event that WBR Ltd postpones an event for any expiry of given discount date which ever is the earliest. If payment is not received reason and the delegate is unable or unwilling to attend in on the rescheduled date, you will receive by the offered discount date the higher price will apply. a credit for 100% of the contract fee paid. You may use this credit for another WBR Ltd event to be mutually agreed with WBR Ltd, which must occur within one year from the date of postponement. Any booking made in the 14 days prior to the conference must be paid by credit card. Except as specified above, no credits will be issued for cancellations. There are no refunds given under any circumstances. WBR Ltd is not responsible for any loss or damage as a result of a substitution, Payment of invoices other than by means of credit cards or purchase order (UK PLC alteration or cancellation/postponement of an event. WBR Ltd shall assume no liability whatsoever in and Government bodies only) will be subject to a £49 (plus VAT) processing fee. the event this conference is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, Please complete as applicable unforeseen occurrence or any other event that renders performance of this conference impracticable, illegal or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited Please debit my: to: war, fire, labor strike, extreme weather or other emergency. Please note that while speakers and Mastercard Visa American Express topics were confirmed at the time of publishing, circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the speakers and/or topics. As such, WBR Card Number: ..................................................................................................................................... Ltd reserves the right to alter or modify the advertised speakers and/or topics if necessary without any liability to you whatsoever. Any substitutions or alterations will be updated on our web page as soon Security Code: ................................................... Expiry Date ........................................................ as possible. Cardholder’s Name: .......................................................................................................................... Cardholder’s Signature .................................................................................................................... I will be sending a bank transfer to Your Personal details: Your information will be held and used by Worldwide Business Research Limited (“WBR”) to register you for this conference and/or we may contact you by email, phone or Worldwide Business Research Ltd’s bank: HSBC, 79 Piccadilly, London W1J 8EU. post with information about other conference, products and services which we or our associated companies provide. We may also from time to time share your personal information with other parties GBP payments to be made to A/C No: 21243578, Sort Code: 40‐05‐26, in the European Economic Area who may wish to contact you by phone or post in relation to special IBAN: GB09MIDL40052621243578, BIC: MIDLGB2107L. offers, products and services related to your role within your company. If you would prefer not to receive such information from us or such third parties, please fax us, including a copy of this page of Please fax confirmation of the bank transfer to Credit Control on the brochure, on UK freephone fax number 0800 6525943 or +44 20 73698 9401 +44 (0)20 7368 9401, quoting delegate’s name and booking code 10979.005 as your reference on both fax and bank transfer. From time to time your name may be used in third party mailings. Please tick if you do not wish I enclose a cheque made payable to WBR Ltd. this to happen
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    TradeTech Complimentary Booking code: Buy-Side Pass Your choice of registration package Please tick which package you wish to register for: Bookings received before 28th January Bookings received after 28th January FREE – complimentary ticket Main Conference Only (13 - 14 April, 2011) Your place will not be registered if you do not supply credit card details Add the HFT Focus day (12th April 2011) £600 £750 Add the workshop (15th April 2011) £499 £499 Add CD Rom* £200 £200 Prices are subject to the applicable UK VAT rate: In 2010 prices are subject to 17.5% UK VAT From January 2011 prices will be subject to 20% UK VAT *If you are unable to make it to the conference, but would still like to purchase the CD Rom, contact us on +44 (0)20 7368 9465 Four easy ways to register... Delegate Details (photocopy for multiple bookings) 1. Fax your completed registration form to WBR on +44 (0)20 7368 9401 YeS! i Will Be aTTending TradeTech 2011 Last Name: (Mr/Mrs/Ms): 2. Phone WBR on +44 (0)20 7368 9465 First Name: 3. e-mail us at tradetech@wbr.co.uk Job Title: 4. Post: Ltd, 3rdreturn yourWilton Road,to: TradeTech 2011, WBR Please Floor, 129 registration Victoria London, Department: SW1V 1JZ Registration Contact: Company: Terms and condiTions - for complimenTary TickeTs 1. Complimentary places are strictly reserved for Asset Managers, Investment Managers, Fund managers, Hedge Address: Funds, Pensions Funds, Private Banks and Institutional Investors. 2. Tickets are allocated at the discretion of WBR. City: Post Code: 3. WBR will charge a “no-show” fee of £400 (Plus VAT) if you or a nominated replacement fails to attend the main conference. Country: 4. If you or a nominated replacement does attend the main two day conference then NO FEE WILL BE TAKEN. Your card will not be charged for cancellations received in writing more than 22 days before Telephone: the main two day conference Fax: WBr lTd cancellaTion, posTponemenT and suBsTiTuTion policy for focus day and Workshop: E-Mail: You may substitute delegates at any time by providing reasonable advance notice to WBR. For any cancellations Company VAT No. received in writing not less than twenty-two (22) days prior to the conference, you will receive a 90% credit to be used at another WBR Ltd conference which must occur within one year from the date of issuance of such credit. An Signature: administration fee of 10% of the contract fee will be retained by WBR Ltd for all permitted cancellations. No credit will be issued for any cancellations occurring within twenty-one (21) days (inclusive) of the conference. In the event that WBR Ltd cancels an event for any reason, you will receive a credit for 100% of the contract fee paid. You Credit Card Details may use this credit for another WBR Ltd event to be mutually agreed with WBR Ltd, which must occur within one Please fill in this section whether you are registering for complimentary year from the date of cancellation. In the event that WBR Ltd postpones an event for any reason and the delegate is place or purchasing the focus day and/or the workshop. unable or unwilling to attend in on the rescheduled date, you will receive a credit for 100% of the contract fee paid. You may use this credit for another WBR Ltd event to be mutually agreed with WBR Ltd, which must occur within one year from the date of postponement. Except as specified above, no credits will be issued for cancellations. There are no refunds given under any circumstances. WBR Ltd is not responsible for any loss or damage as a result of a Mastercard Visa American Express substitution, alteration or cancellation/postponement of an event. WBR Ltd shall assume no liability whatsoever in the event this conference is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, unforeseen Card Number: occurrence or any other event that renders performance of this conference impracticable, illegal or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited to: war, fire, labor strike, extreme Security Code: Expiry Date weather or other emergency. Please note that while speakers and topics were confirmed at the time of publishing, circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the Cardholder’s Name: speakers and/or topics. As such, WBR Ltd reserves the right to alter or modify the advertised speakers and/or topics if necessary without any liability to you whatsoever. Any substitutions or alterations will be updated on our web page Cardholder’s Signature as soon as possible. Purchasing the HFT focus day and/or workshop: 1. Payment should be received by WBR Ltd within 7 days of the invoice date or by expiry of given discount date which ever is the earliest. If payment is not received by the offered discount date the higher price will apply. Your Personal details: Your information will be held and used by Worldwide Business Research Limited (“WBR”) 2. Payment of invoices other than by means of credit cards or purchase order (UK PLC and Government bodies only) to register you for this conference and/or we may contact you by email, phone or post with information about other will be subject to a £49 (plus VAT) processing fee. conference, products and services which we or our associated companies provide. We may also from time to time Securing your complimentary ticket (main conference only): share your personal information with other parties in the European Economic Area who may wish to contact you by phone or post in relation to special offers, products and services related to your role within your company. If you 1. Your complimentary place will not be registered if you do not supply credit card details. would prefer not to receive such information from us or such third parties, please fax us, including a copy of this page 2. Your card will not be charged for cancellations received in writing more than 22 days before the main two day of the brochure, on UK freephone fax number 0800 6525943 or +44 20 73698 9401 conference 3. I hereby allow WBR to charge a “no show” fee of £400 + VAT to my credit card if I or a nominated From time to time your name may be used in third party mailings. Please tick if you do not wish this to happen replacement fails to attend the main two day conference.