Conference Day One: Responding to consolidation and regulation - Tuesday 20th March 2012

Please enable javascript to see more information on speakers

08.30	Registration and refreshments
08.50	Chairman’s opening remarks Mr Robert Barnes BA Harvard, PhD Cambridge. Recognized in FTSE Global Markets 20-20 most influential market leaders of 2011. Joined the proprietary trading team at Swiss Bank Corporation in 1994, gained experience 'downstairs' on the Liffe derivatives floor as a... more.. › Mr Robert Barnes, CEO, UBS MTF
09.00	Opening keynote address: hoodwinked - what wrecked our economy? How to fix it Mr John Perkins John Perkins's classic exposé, Confessions of an Economic Hit Man, spent over 70 weeks on the New York Times bestseller lists and is published in more than 30 languages. His two follow-up books – New York Times bestseller, The Secret History of the ... more.. › Mr John Perkins, Bestselling Author, Confessions of An Economic Hitman'
09.30	Keynote Address: A more efficient market structure at work Mr Seth Merrin Seth Merrin is founder and CEO of Liquidnet Holdings, the world's institutional marketplace that facilitates equities trading for the world’s leading asset managers who want access to best execution, superior liquidity, and protection for their... more.. The role of exchanges in creating a seamless flow of capital around the world How consolidation and partnerships have and will continue to impact trading and stock exchanges The challenges for regulators in encouraging change while protecting stakeholders How traditional exchanges are innovating globally as competition grows › Mr Seth Merrin, Founder & CEO, Liquidnet
	ADAPTING TO EXCHANGE CONSOLIDATION
10.00	KEYNOTE PANEL DEBATE: How will competition be affected by the continuing consolidation of exchanges, and can we maintain a level playing field? Mr Ruben Aganbegyan Ruben A. Aganbegyan was born in 1972 in Novosibirsk. In 1995 he graduated from Moscow State Law Academy. Before his appointment to the position of the MICEX President, Mr. Aganbegyan was in charge of the Russian sector of business of Renaissance... more.. Mr Tony Weeresinghe Tony Weeresinghe is the founder and Chief Executive Officer of Millennium Information Technologies Ltd and the Director of Global Development of the London Stock Exchange Group(LSEG) MillenniumIT made history when it recorded the world’s fastest... more.. Evaluating the legal implications of more M+As: to what extent is competition being driven by the authorities? Will proposed mega-mergers result in new opportunities for alternative trading venues? Natural selection or a monopoly of exchanges: Is the reduction in the amount of global venues a worrying development or an evolution of the market? Should exchanges re-think their global strategies after unexpectedly strong scrutiny from anti-trust regulators? How can competition controls ensure that consolidation does not cause a dangerous accumulation of risk in financial markets? › Mr Ruben Aganbegyan, President & CEO, MICEX › Mr Kevin Cowan, Presidnet, TMX Group › Mr Tony Weeresinghe, CEO Millennium IT / Director Global Development LSEG, Millenium IT and London Stock Exchange Group
10.40	SPEED Networking
11.40	Keynote Address: Exchange business models: customer access strategies and the top 5 traps you need to avoid Mr John Knuff John is General Manager of Equinix Financial Services. John Knuff is responsible for business growth across the global financial markets. He and his team regularly advise clients on complex network and systems deployment strategies for their trading ... more.. › Mr John Knuff, General Manager, Global Financial Services, Equinix
12.10	KEYNOTE PANEL DEBATE: Mega-mergers vs. national interest: how should you position your venue in a landscape of acquisitions and consolidation? Mr Ruben Aganbegyan Ruben A. Aganbegyan was born in 1972 in Novosibirsk. In 1995 he graduated from Moscow State Law Academy. Before his appointment to the position of the MICEX President, Mr. Aganbegyan was in charge of the Russian sector of business of Renaissance... more.. Mr Christian Katz Christian Katz is the Chief Executive Officer of SIX Group's Cash Markets Division. The Division encompasses SIX Swiss Exchange and SIX Exfeed, a leading supplier of raw financial data. SIX Swiss Exchange also operates several joint ventures... more.. Re-evaluating the real worth of a national exchange How does an independent national exchange benefit the local economy? What are the potential cost saving benefits of a multi-national merger? To what extent should nationalistic fervour impact on your strategic partnerships? Can strategic M+As offer you technology harmonisation and increased competitiveness? › Mr Ruben Aganbegyan, President & CEO, MICEX › Mr Kevin Cowan, Presidnet, TMX Group › Mr Christian Katz, CEO, SIX Swiss Exchange
12.50	Networking lunch
13.50	PANEL DEBATE: How are MTFs adapting their business models and strategies in order to remain competitive and profitable? Luca Bandinelli Luca Bandinelli was appointed Head of Corporate Communications of EuroTLX in February 2007. He joined EuroTLX after 5 years in Commerzbank AG, where he was Relationship Manager in the Corporate & Investment Banking Department. more.. Mr Constantinos Antoniades Constantinos Antoniades is CEO at Vega-Chi more.. Mr Lee Hodgkinson Lee Hodgkinson is CEO of SmartPool and Head of European Sales and Relationship Management, NYSE Euronext. Lee joined NYSE Euronext in May 2009 to lead SmartPool, the award winning European dark pool created by NYSE Euronext in partnership with... more.. How can MTFs continue to innovate and strive for best execution? Is consolidation amongst MTFs the way forward? What opportunities exist for MTFs in new asset classes and geographies? Are we likely to see further proliferation of alternative trading venues in the near future? › Mr Per Loven, Head of International Corporate Strategy, Liquidnet › Luca Bandinelli, Head of Corporate Communications, EuroTLX › Mr Constantinos Antoniades, CEO, Vega-Chi › Mr Lee Hodgkinson, CEO SmartPool and Head of European Sales & Relationship Management, NYSE Euronext, NYSE Euronext
	NAVIGATING NEW SHIFTS IN REGULATION AND COMPLIANCE
14.30	PANEL DEBATE: Reflecting on the findings and recommendations of MiFID II: what are the immediate implications? Mr Rainer Riess Rainer Riess is Member of the Management Board of the Frankfurt Stock Exchange and Managing Director Cash Market Business Development at Deutsche Börse. He is responsible for sales, business development as well as issuer and investor markets of all... more.. Mr Peter Randall Peter Randall is the Chief Executive of Equiduct Systems Ltd. Peter started his career in investment research and was named a leading analyst by Euromoney when he was at James Capel. He spent an extended time in Asia with the joint venture between... more.. Mr Steve Leegood Steve Leegood is Director of Bryok, an advisory consultancy specialising in Financial Markets and Energy Companies, which he set up with others in April 2008. He has over 30 years experience in successfully making technology work for the benefit of ... more.. Mr Lee Hodgkinson Lee Hodgkinson is CEO of SmartPool and Head of European Sales and Relationship Management, NYSE Euronext. Lee joined NYSE Euronext in May 2009 to lead SmartPool, the award winning European dark pool created by NYSE Euronext in partnership with... more.. Analysing the successes and failures of MiFID to date: has the exchange landscape been changed for the better or worse? How will regulation effect dark pools and MTFs and will we see a new breed of alternative trading venues? Who will benefit most from proposed recommendations? How can you prepare your organisation for implementation and compliance to these measures? › Mr Rainer Riess, Managing Director, Xetra Market Development, Deutsche Boerse › Mr Peter Randall, CEO, Equiduct › Mr Steve Leegood, Founder/Director, Bryok › Ms Maria-Teresa Fabregas-Fernandez, Deputy Head of Unit Securities Market, EU Commission › Mr Lee Hodgkinson, CEO SmartPool and Head of European Sales & Relationship Management, NYSE Euronext, NYSE Euronext
15.10	PANEL DEBATE: What are the implications of a European financial transaction tax for trading volumes and market share? Mr Brian Healy Responsible for the integrity, efficiency and development of the Irish Stock Exchange’s markets for traded securities, and a member of the ISE Executive Committee. He oversees overall operations, business development, management of relationships... more.. Mr Jose Marques Jose Marques is Managing Director and Global Head of Equity Electronic Trading within Deutsche Bank’s Global Markets division and is located in New York. In his role, Marques oversees product development, distribution/marketing, and technology for... more.. How realistic is the prospect of a Tobin tax on financial transactions: is this policy likely to get off the ground? Will the tax apply to the entire EU or is there a danger of regulatory arbitrage? Is there any way to prevent falling volumes of algo trading in the event of the implementation of FTT? What impact is this having on exchange share price? › Mr Brian Healy, Director of Traded Markets, Development, Operations, Irish Stock Exchange › Mr Jose Marques, Global Head of Electronic Equity Trading, Deutsche Bank
15.50	Afternoon refreshments and networking
16.20	PANEL DEBATE: Putting the brakes on exchanges: are we any closer to region-wide circuit breakers, and are they really the answer? Mr Christian Katz Christian Katz is the Chief Executive Officer of SIX Group's Cash Markets Division. The Division encompasses SIX Swiss Exchange and SIX Exfeed, a leading supplier of raw financial data. SIX Swiss Exchange also operates several joint ventures... more.. Ms Annika von Haartman Annika von Haartman is Head of Surveillance and leads the NASDAQ OMX market surveillance team in the Nordic region. The primary goal of Surveillance is to maintain and enhance public confidence in the securities market by high quality trading and... more.. How much does the effectiveness and sensitivity of current exchange controls vary between each venue? To what extent do end user’s see circuit breakers as the answer? How effective have measures in the US to curb volatility been: what lessons can the rest of the world learn? Could a regulatory move to standardise controls unfairly favour incumbent exchanges over MTFs? How close are ESMA and other supervisory bodies to implementing standardisation? › Mr Christian Katz, CEO, SIX Swiss Exchange › Ms Annika von Haartman, Head of Surveillance, NASDAQ OMX
	RE-IMAGINING THE POST-TRADE PROCESS
17.00	PANEL DEBATE: Will interoperability make European markets more efficient and open up the clearing and settlement silos? Mr Urs Wieland Mr Wieland has over 30 years’ experience in banking and finance in Switzerland, having held positions in Credit Suisse, Zürcher Kantonalbank and now SIX Securities Services. Mr Wieland is the CEO of SIX x-clear Ltd – the clearing arm of SIX... more.. Mr Jo Van De Velde Jo Van de Velde, Managing Director, is head of the Product Management division at Euroclear and a member of the Euroclear Extended Management Committee. Previously, he was Director and head of the Transaction Processing Operations department, which ... more.. Will interoperability provide customers with greater choice and in turn create a more efficient and cost effective European post trade infrastructure? How limited is the scope of interoperability? Will interoperability result in more flow between exchanges and MTFs? Is there a risk in increased systematic risk in the post-trade sector? Is exchange consolidation a hurdle for interoperability? › Mr Urs Wieland, CEO, SIX x-clear › Jan Booij, CEO, EMCF › Mr Jo Van De Velde, Managing Director, Head of Product Management., Euroclear
17.40	Gala dinner and networking