2010 Agenda

8.30 Registration and breakfast

9.00 Chairman's opening remarks

9.10 Exclusive buy-side roundtable
Navigating fragmented liquidity

Mitigating the cost of accessing multiple trading venues
Rating MiFid’s success for the buy-side
Developing a multi-asset class trading strategy
Ensuring effective liquidity access
How equipped are the buy-side from a technology standpoint to take advantage of electronic trading?

Moderator: Jonathan Webb, Director, Portfolio Manager, C-VIEW
Betsy Anderson, Head of Centralised Dealing, IGNIS ASSET MANAGEMENT
Michael Broadbent, Head of Trading, OTUS CAPITAL MANAGEMENT
Nick Nielsen, Head of Quantitative Trading, MARSHALL WACE LLP

10.00 Panel discussion
Dark liquidity pools: Nemesis or friend?

Differentiating trading venue mechanics
Incorporating dark liquidity pools into high-frequency trading
Addressing proposed regulatory changes on dark liquidity
Measuring dark pools’ impact on liquidity fragmentation

Moderator: Toby Bayliss, European Head of Portfolio & Electronic Trading, SANFORD C. BERNSTEIN
Damian Bunce, European Head of Electronic Sales Trading, BARCLAYS CAPITAL
Lee Hodgkinson, CEO, SMARTPOOL
Young Kang, Global Head of Algorithmic Products, CITI
Kee-Meng Tan, Managing Director, Head of Electronic Trading Group, KNIGHT CAPITAL EUROPE LIMITED

10.50 Morning break

11.20 Presentation
Improving the bottom line via Transaction Cost Analysis (TCA)

Using TCA to work out the impact of high frequency trading
Understanding what brokers are doing with their client order flow
Actionable intelligence: Integrating your TCA results into your trading strategy
Improving data quality for TCA
Managing the buy-side’s transparency expectations

Ben Springett, Head of Electronic Sales Trading EMEA, NOMURA INTERNATIONAL PLC

11.50 Panel discussion
Building the next generation Smart Order Router (SOR)

Determining the proper functionality and characteristics of your next SOR
Mapping the proper route to displayed, grey, and dark liquidity
Ensuring that the SOR reflects the firms best execution policy
Educating SORs on clearing and other relationships

Brian Gallagher, Managing Director, Electronic Trading, MORGAN STANLEY
Harry Gozlan, Chief Executive Officer, Founder, SMART TRADE
Rajesh Nagella, EMEA Head of Algorithmic Products, CITI
Ian Salmon, Head of Business Development,Enterprise, FIDESSA GROUP
Michael Seigne, European Head of Algorithmic Trading Sales, GOLDMAN SACHS
Carl Johan Wallin, Global Head of Sales Transactional Services, NEONET

12.50 Lunch

13.50 Presentation
Market expectations in 2012: What do we want and what might we get?

Flexibility: Innovation or regulation?
Cost: Focus shifts to CCP’s
Evaluating the transparency of equities compared to other assets
Competition between exchanges, MTFs and brokers: who will win?

Richard Semark, Managing Director, European Client Trading & Execution, UBS INVESTMENT BANK

14.20 Panel discussion
Integrating Order and Execution Management Systems within the trading infrastructure

Optimizing OMS and EMS performance
Integrating OMS and EMS platforms with smart order routers
Exploring the next generation of trading platforms
Evaluating the benefits of Distributed Execution and Risk control platforms (DERS)

Moderator: John Barr, Research Director, Financial Markets The 451 Group
Kevin Bourne, Managing Director, Global Head of eEquities Global Banking & Markets, HSBC
Scott Bradley, Head of Sales EMEA, JP MORGAN CHASE
Mark Holt, Head of Systematic Implementation, BLUECREST CAPITAL

15.10 Afternoon break

15.30 Panel discussion
High Frequency Trading

Disclosing trader types and objectives
Deploying the proper high-frequency trading infrastructure
Development of algorithmic trading engines in emerging markets
Preparing for the unintended consequences of high-frequency trading

Moderator: Valerie Bannert-Thurner, PhD, Executive Director, FTEN EUROPE
Robert Barnes, Managing Director, Equities, UBS INVESTMENT BANK
Mark Holt, Head of Systematic Implementation, BLUECREST CAPITAL
Andrew Simpson, Head of Product Management, EURO CCP

16.20 Presentation
Implementing algorithmic strategies in a buy-side firm

What has been the buy side’s appetite for algorithms and how are they using them?
Assessing and meeting the unique technological and market challenges of algorithmic trading
Deciding what platform will meet the firm’s objectives
Effective strategies for benchmarking algorithmic strategies

Robin Griffiths, Strategist, Fund Manager, CAZENOVE CAPITAL MANAGEMENT

16.50 Chairman's closing remarks