|
Day One, Monday 14 April 2008
|
08.15 | Registration and welcome coffee
|
08.50 | Opening and welcome remarks from chair
The morning plenary sessions on day one and two will be shared between Hedge Funds World 2008 and Trading Technology World 2008. After morning tea, the two conferences will separate for the remainder of the day.
|
| |
|
09.00 | Keynote address:
Asia-Pacific market report: the geopolitical landscape and
influence of the global economy
• Overview of key developments in the global economy
• Changes in geopolitical climate, credit crunch and the predicted
effect of climate change
• Lessons for Australian investors from global
market movements
• Leveraging key market drivers and underlying
market currents
John Morrison, Chief Economist, Macquarie Bank
|
09.30 | Keynote address:
The role of the financial markets in fueling Australia’s hedge fund industry
• The momentum of the Australian economy and impact on local
hedge fund development
• Potential avenues for Australian fund growth overseas
• Key drivers of strong economic growth in Australia
• What will attract further overseas investment?
Richard Gibbs, Chief Economist, Macquarie Bank
|
10.00 | Industry experts panel:
Forecast trends for the Australian financial market
• What lies in the horizon for Australia’s market players?
• Implications of global economy on managers and investors
• Analysing if 2008 will be a year of defensive strategies
• Can the strength of the Australian economy continue?
Moderator:
Damien Hatfield, Founder and Partner, Hatfield Liptak Advisors
Panelists:
Warren Hogan, Head of Financial Market Economics and Market Strategy, ANZ
Scott Haslem, Chief Economist, UBS
Chris Caton, Chief Economist, BT Financial
|
10.40 | Morning networking and coffee
|
| STATE OF THE GLOBAL ELECTRONIC TRADING MARKETS |
|
11.15 | Opening introduction
|
| |
|
11.20 | Keynote panel discussion:
Acceleration of new access technology and impact on the
future of exchanges
• New technologies for rising trade volumes
• Impact of alternative trading systems on exchanges
• The effect of technology on access, efficiency and transparency
• How PTS/internalisation is competing with the exchanges
• How exchanges can provide sufficient regulatory protection to its uses
Moderator:
Michael Corcoran, Director of Sales, ITG
Panellists:
David Stocken, Manager, Trading & Market Access, Equity Markets, Australian Securities Exchange
Datuk Yusli Yusoff, CEO, Malaysian Stock Exchange
Masaki Suzuki, General Manager and Chief Representative, Tokyo Stock Exchange Inc., Singapore
|
12.00 | Executive presentation:
The next generation: intelligent algorithms that react
to market information
• Using updated market information to define and adapt
trading strategies
• Capturing, storing, analysing and manipulating massive
amounts of data
• Creating algorithms to read breaking news and connecting
news flows with price patterns
• Future directions in the role of human traders
Dr John Bates, Founder and Vice President, Progress Apama, USA
|
12.30 | Executive presentation:
Identifying the top performing technologies for your
trading desk
• Understanding what buy-side traders really need
from technology
• Positioning your desk within a global market structure
• EMS vs. OMS: What’s available?
• Identifying key components of high performance
trading infrastructure
• Understanding the importance of global connectivity
Denise Valentine, Senior Analyst, Aite Group
|
13.10 | Networking lunch
|
| DEVELOPMENTS IN EXECUTION AND ALGORITHMIC TRADING |
|
14.00 | Executive panel discussion:
Buy-side experiences with algorithmic trading
• Outlining market forces shaping buy side concerns
• Evaluating global spending on portfolio trading systems
• Examining the impact of broker versus in house
• Buy-side interest in taking more control over trading decisions
• Leveraging algorithms for multiple asset classes
• Increased use of in-house developed algorithms
Moderator:
Denise Valentine, Senior Analyst, Aite Group,USA
Panellists:
Dr John Bates, Founder and Vice President, Progress Apama, USA
Michael Holman, Head of Global Trading, AXA Rosenberg Investment Management Limited
Frank Holle, Co-Founder Director, Quant Asset Management
|
14.40 | Executive presentation:
Evaluating risk controls and ensuring trading protection
in current global markets
• Understanding best execution and challenges for trading in 2008
• What controls are in place to monitor trading activity
in current markets
• Monitoring the effectiveness of safety net mechanisms
• How can technology assist in providing adequate information
and protection
Michael Holman, Head of Global Trading, AXA Rosenberg Investment Management
|
15.20 | Afternoon tea and coffee
|
16.00 | Presentation:
Using and configuring technologies to improve trading performance
- Understanding the concept of Best Execution and how it can be implemented
- An overview of common algorithimic strategies and how they are used
- The evolution of algorithims: From basic strategies to 'next genration' and custom made tools
- Fine tuning - how customising algorithims can help achieve Best Execution
- Measuring algorthimic performance
|
| |
|
16.30 | Champagne Round Table Discussions
Roundtable One – Evaluating risk controls and safety net
mechanisms in current trading markets
Michael Holman, Head of Global Trading, AXA Rosenberg
Investment Management
Roundtable Two – Understanding what buy-side traders really
need from technology
Denise Valentine, Senior Analyst, Aite Group,USA
|
17.30 | Invitation to join Hedge Funds World round table discussions
|
18.00 | Chairman’s closing remarks
|
18.10 | Cocktail party: Official Cocktail Sponsor
|
|
Day Two, Tuesday 15 April 2008
|
08.15 | Registration and welcome coffee
|
08.50 | Opening remarks from the chair
Glenn Langton, Principal, GCL Consulting
The morning plenary sessions will be shared between Hedge Funds World 2008 and Trading Technology World 2008. After morning tea, the two conferences will separate for the remainder of the day.
|
| OPPORTUNITIES IN TURBULENT MARKET CONDITIONS |
|
09.10 | Keynote address:
Survival of the fittest: victory in the aftermath of the
volatility blow out
• The effect of market rebalancing after the sub prime
mortgage tumble
• How can the investment industry stay competitive in the
down times?
• The move from illiquidity to liquidity and follow on effects
• Strategies for preserving capital
Suzanne Murphy, Managing Director, Acorn Partners
|
09.40 | Keynote address:
Best practice: the top managers approach to capitalising on market swings
• Short term emerging trends
• Long term investment market shapers
• Betting on the end of the dream run
• Leveraging investment trends
|
10.10 | Keynote panel discussion:
Identifying the best opportunities and strategies for volatile market conditions
The shape of hedge funds to come
Avoiding correlation between strategies
Evaluating event driven strategies
Measuring quantitative investment
Going long or drawing the short straw – the long/short balance
Moderator:
Glenn Langton, Principal, GCL Consulting
Speakers:
Roger Tallboys, Product Specialist - Alternative and Quantitative Investments, Managing director, UBS Global Asset Managmenet, Hong Kong
Richard Keary, Chief Investment Officer, MFS Alternative Investments
Martyn Wild, Senior Consultant, Russell Investment Consulting
|
| RISE OF ALTERNATIVE TRADING SYSTEMS: DARK POOLS
OF LIQUIDITY |
|
10.50 | Morning tea
|
11.05 | Opening introduction
|
| |
|
11.10 | Executive presentation:
Incorporating dark liquidity into your trading strategy
• The hunt for alternative pools of liquidity
• The degree of hidden liquidity in the market
• Tapping dark pools to find hidden order flow
• Utilising algorithms to source hidden pools of liquidity
Jan Lamme, Global Head of Trading, ABN Amro Asset Management
|
11.40 | Executive panel discussion:
Evaluating how alternative trading systems are drawing out
hidden liquidity
• Evaluating lower trading fees versus transaction speed
• Buy-side experiences with alternative trading systems
• Assessing the optimum and most efficient time to trade in blocks
• Examining the quest for greater anonymity and lower market
impact costs
• Pinpointing the impact of growth in dark pools
Moederator:
Philip York, CEO, Empyreal Investments
Panellists:
Jan Lamme, Global Head of Trading, ABN Amro Asset Management
Asoka Markandu, General Manager, FXall Asia
|
12.20 | Speed networking
|
12.50 | Networking lunch
|
| FUTURE TRENDS IN TRADING MODELS AND EXECUTION |
|
13.50 | Executive presentation:
Using quantitative models to achieve efficient execution
in global equities markets
• Pinpointing the factors which have an impact on global
share prices
• Evaluating how to weight these factors dynamically each
time period
• Effectively utilising quantitative dynamic factor models
• Understanding how to achieve best and most efficient
execution in global equity markets
Frank Holle, Co-Founder Director, Quant Asset Management
|
14.20 | Executive Presentation:
Maximising returns with pre-trade and TCA solutions
- The buy side need for information and immediacy
- Pre trade analystics and the growth of electronic trading
- Multidirectional basket trades and TCA
- Challenges of integrating pre-trades into your OMS
David Broadfield, Manager, The Analytical Products and Research Group, ITG
|
14.50 | Afternoon tea
|
15.30 | Executive presentation:
Evaluating the integration of DMA, OMS and automated
trading algorithms
• Defining cost advantages and efficiency in automated trading
• Evaluating new tools for generating alpha
• Outlining the demand for user defined versus
customized algorithms
• Current challenges in regards to algorithmic trading
• Analysing and evaluating your trades
Philip York, CEO, Empyreal Investments
|
16.00 | API Trading and foreign exchange as an asset class
- Spot FX Market Evolution - Trading Opportunities for Professional
traders
- The advantages of direct Market Access in spot FX
- Algorithmic trading in Spot FX, an overview |
| |
|
16.30 | Executive panel discussion:
How are new technologies changing the buy-side
order execution?
• Are there too many technologies available?
• The ongoing impact of algorithmic trading tools
• New sources of liquidity
• Pre and post trade analytics
Richard Coggins, Head of Algorithimic Trading, Citigroup
Kingsley Jones, Portfolio Manager - International Equities, Macquarie Bank
|
16.40 | Chairman’s closing remarks
|
16.50 | Close of conference
|
