FIX: Empowering Your Firm to Trade More Effectively

Over the past 12 months FIX Protocol Limited (FPL) has worked closely with the trading community to ensure it provides the functionality and capabilities needed for market participants to embrace emerging trends and overcome existing challenges. This session will highlight the breadth of capabilities that FIX offers to the business, and explain how trading desks across the City are now benefiting from these advancements.

Speakers:
Daemon Bear, Co-Chair FPL EMEA Regional Committee, MD Head of BlockCross, ICAP Securities Ltd
Kevin Houstoun, Co-Chair FPL Global Technical Committee, Chairman and Founder, Rapid Addition
Chris Jackson, Co-Chair FPL EMEA Regional Committee, Head of EMEA Execution Sales, Citi

Pension Funds Emerging Trends: Implications for the Investment Management Community

Based on the research, knowledge and experience of a leading consultant to our ultimate clients, the Pension Funds, this session will explore the key trends that have emerged following the events of 2008 and 2009 within the Pension Fund space including the increased scrutiny of non-investment issues. These trends are likely to generate a range of issues, challenges and opportunities that will drive decision making in 2010. Looking further ahead, as these and other trends are expected to evolve over the next 3-5 years, that could have significant implications for the Investment Management community from a structural and operational perspective.

Attend this session to gain a stronger understanding of how these developments could impact your future trading desk and operational departments.

Speaker:
Benjamin Gunnee, European Director, Mercer Sentinel

The Low Latency Arms Race

This session will explore the low latency advances in order routing in the era of proximity hosting and co-location, identifying the latency hotspots that can emerge during the order life-cycle.

Moderator:
Andrew Delaney, President & Editor-In-Chief, A-Team Group

Panellists:
Tim Billinge, Director at NYSE Technologies
Donal Byrne, CEO, Corvil
Scott Kennedy, Global Business Manager for Direct Feeds, Enterprise, Thomson Reuters
Bob McDowell, Research Director, Europe, The Tower Group

The Design Aspects of the FIX Protocol

This interactive session will address the design issues facing delegates in attendance at this event, along with an introduction to the FIX tool box.

Exploring the functional elements of FIX, that can prove challenging for developers, this session will enable attendees to develop a stronger understanding of:

• Order Chaining
• Order Execution Reporting Capabilities
• Mass Quoting Capabilities
• Reference Data

Additionally, this session will explore the different aspects of versioning and recovery, plus much more!

Speakers:
Hanno Klein, Co-Chair FIX Protocol Global Exchanges & Markets Committee, Senior Project Manager, Deutsche Böerse Group
Matt Simpson, Co-Chair FIX Protocol Global Technical Committee, Associate Director - Product and System Development, CME Group
Henry Young, Co-Chair FIX Protocol Inter-Party Latency Working Group,Director of Product Development, TS-Associates plc

What's Next for the Buy-Side?

Two years after MIFID was implemented the buy-side have had to make significant changes in the way that they interact with their clients and their brokers, and change the way that they interpret information.

This panel session will seek to look at some of those changes, comment on some of the unintended consequences and look forward to how they would want the market to be developed to resolve these issues.

Moderator:
Niki Beattie, Managing Director, The Market Structure Practice

Panellists:
Richard Balarkas, President & CEO, Instinet Europe
Dale Brooksbank, Head of European, Equity and Currency Dealing, State Street Global Advisors
Scott Cowling, Managing Director, Equity Trading, BlackRock
Chris Pickles, Co-Chair FPL Global Events Committee, BT, Previous Chair MiFID Joint Working Group

Smart-Order Routing Primer

This session will provide a detailed introduction into what Smart-Order Routing is all about. It will cover the basics such as the splitting of parent and child orders and the use of market data. It will also explore the components of a smart order, native order normalisation and the price improvements that can be generated through network effects.

Additionally, it will explore risk management, the drawbacks of smart-order-routing over direct market access and much, much more!

Speaker:
John Prewett, Co-Chair FPL Implementation and Optimisation Working Group, Vice President, Citi, Lava Trading

Panellists will include:
Andrew Morgan, Head of autobahn Equity Europe, Deutsche Bank
Maria Netley, Director - AES Sales, Credit Suisse

Trading on the Dark Side

With exchanges, MTFs and brokers competing to create the leading offering in the space, dark trading is one of the fastest growing segments of additional liquidity available to institutional investors.

This session will initially present a panorama of the dark landscape as it is shaped by evolving regulations and business models. It will then explore how the institutional trader can best take control of their interactions to select, gauge and ultimately benefit from the potential of dark liquidity, while managing information leakage, opportunity costs and the technological challenges involved.

Moderator:
Luke Jeffs, Trading & Technology Editor, Financial News

Panellists:
George Andreadis, Head of AES Liquidity Strategy, Europe, Credit Suisse
Andrew Bowley, Executive Director, Head of Electronic Trading Product Management, Nomura
Brian Gallagher, MD, Head of Electronic Trading, Morgan Stanley
Nick Nielsen, Head of Quantitative Trading, Marshall Wace
Kristian West, Head of Equity Trading, J.P. Morgan Asset Management

What is the Business Scope of the FIX Protocol?

Developed to meet evolving business requirements, the FIX Protocol offers significant functionality for the trading community. If you're interested in understanding how FIX could support your next project, attend this interactive session to explore the potential this industry driven solution could offer and how user defined fields support increasingly demanding business requirements.

Speakers:
Alasdair Haynes, CEO, Chi-X Europe
Jim Northey, Co-Chair FIX Protocol Americas Regional Committee, Co-Founder, The LaSalle Technology Group LLC

Order-Routing and Order-Management

Attend this session to develop a stronger understanding of how order-routing and order-management business terms can be mapped to elements of FIX in order to gain greater efficiencies. The key areas that will be discussed will include:

• Reserve Orders
• Triggered Orders
• Algorithmic Orders
• Party Identification

Speakers:
Scott Atwell, Co-Chair FIX Protocol Global Steering Committee, Manager of FIX Trading and Connectivity, American Century Investments
John Prewett, Co-Chair FPL Implementation and Optimisation Working Group, Vice President, Citi, Lava Trading

Following the Recent Announcement, What is the Real Impact of Post-Trade Interoperability and Fragmentation?

Changes in market structure are not restricted to execution venues. In the post-trade arena there is an increasing number of both domestic and international CCPs that are looking to provide services across multiple venues. This is leading to fragmentation, but will this fragmentation mean stronger levels of competition, which in turn should lead to increased innovation, and improvements in price and service levels? Or is it likely to introduce a level of risk which is yet to be understood?

The session will explore how fragmentation in the post-trade arena is being addressed and if one single, transparent interoperability convention could be the solution.

Moderator:
Bob Fuller, Chief Executive Officer, Exchange Axis

Panellists:
Alan Cameron, Head of Clearing, Settlement and Custody Client Solutions, BNP Paribas
Charlotte Crosswell, President, NASDAQ OMX Europe
Lee Hodgkinson, CEO, SmartPool
Jan Bart de Boer, COO, Fortis Bank

FIXatdl: Generating Efficiency Gains and Cost Savings for the Algorithmic Trading Community

No longer just a concept, this interactive session will introduce the real opportunities that FIXatdl 1.1 will offer to the trading community. It will explore the support it offers to the algorithmic trading community, the benefits it seeks to achieve and how firms are now actively using FIXatdl to effectively meet business requirements.

Moderator:
Rick Labs, CL&B Capital Management LLC

Panellists:
Scott Atwell, Co-Chair FIX Protocol Global Steering Committee, Manager of FIX Trading and Connectivity, American Century Investments
Andrew Bowley, Executive Director, Head of Electronic Trading Product Management, Nomura
Toby Corballis, CEO, Rapid Addition
Scott DePetris, Chief Operating Officer and Global Head of Accounts, Portware
Rustam Lam, Director, Global Head of Marketing, RealTick

Implementing a Low Latency Solution
(My boss went to a FIX Conference and I now need to implement a tag=value interface to achieve a low latency solution!)

This information packed session will demonstrate how firms can implement a FIX interface and achieve a low latency solution by exploring the current trading landscape and the use of FIX, in addition to an introduction to FIX over FAST.

Speakers:
Rolf Andersson, Co-Chair FIX Protocol Market Data Optimisation Working Group, CEO, Pantor Engineering AB
Henry Young, Co-Chair FIX Protocol Inter-Party Latency Working Group, Director of Product Development, TS-Associates plc

Hedge Fund Strategies: 2010 and Beyond

This panel session will explore the issues, challenges and opportunities facing the Hedge Fund community, including the evolving broker relationship, the challenges of starting up a business in the current environment, the extent to which technology is driving business decisions and the degree to which TCA is important.

Moderator:
Lynn Strongin Dodds, Editor, Best Execution

Panellists:
Thomas Deinet, Executive Director, Hedge Fund Standards Board
Kim Johannessen, CTO, GLG Partners
Sheena Kelman, Head of Dealing, Martin Currie Investment Management
Nick Nielsen, Head of Quantitative Trading, Marshall Wace
Tim Wildenberg, Head of Direct Execution, EMEA, UBS Investment Bank

The Fixed Income Markets: The Next Frontier For Electronic Trading

As the fixed income markets become increasingly automated this session will explore the issues, challenges and opportunities facing this asset class and identify the key lessons that can be learnt from the equities space.

Attend this session to hear from industry experts as they explore what the next 12-24 months are likely to hold for the fixed income community, the developments expected to take place, what will drive theses changes and how the landscape is likely to evolve?

Moderator:
George Macdonald, CEO, Macdonald Associates

Panellists will include:
James Della-Porta, European Head - BARX FI eDistribution, Barclays Capital
Harry Gozlan, CEO, Smart Trade Technologies
Hugh Holmes, Integration Specialist, Tradeweb
Stu Taylor, MD, Head of Matched Principal Trading, Fixed Income, UBS Investment Bank

What is the Role of Market Makers in the modern framework?

With the increasing introduction of alternative venues there has been an explosion of firms providing liquidity to the market place. This session looks at the true benefits of market makers and will seek to address the myths surrounding the perception of Market makers

Moderator:
Rob Budden, Deputy Markets Editor, Financial Times

Panellists:
Matteo Cassina, President, Citadel Execution Services Europe
Andrew Morgan, Head of autobahn Equity Europe, Deutsche Bank
Kee-Meng Tan, Managing Director, Electronic Trading Group Europe, Knight Capital Europe Limited
Natan Tiefenbrun, Commercial Director, Turquoise

How Can the Market FIX the Consolidated Tape Concerns?

This session will look at how FIX could be used to ensure a quick and effective market driven solution to the desire for a consolidated tape from market participants and regulators alike.

The current Trade Data Monitor (TDM) regime is not Europe wide, and the panel will explore how such a regime could be extended to deliver the consistency required?

Transparency in pre-trade can only be effective if there is transparency in where trades are reported and the panel will discuss what barriers need to be addressed to achieve this.

Moderator:
Chris Pickles, Co-Chair FPL Global Events Committee, BT, Previous Chair MiFID Joint Working Group

Panellists:
Alasdair Haynes, Co-Chair FIX Protocol Global Membership Committee, Chief Executive Officer, Chi-X Europe Limited
Jarod Hillman, Head of Real Time Data, London Stock Exchange Group
Stephen McGoldrick, Director, Global Equity Markets - Market Structure, Deustche Bank
Guy Sears, Director, Wholesale, Investment Management Association

FPL Technical Roadmap 2010

This session will provide attendees with an understanding of the various technical initiatives that FPL is currently working on including FIX 5.0 Service Pack 3, status FIX, progress made by the FIX inter-party latency working group and the new user defined fields policy.

Attend this session to learn about the importance and relevance of each project to your business, the status of each initiative and when they will be available for industry adoption.

Speakers:
Rolf Andersson, Co-Chair FIX Protocol Market Data Optimisation Working Group, CEO, Pantor Engineering AB
Jeremy Bezant, Partner, RFQ-hub
Kevin Houstoun, Co-Chair FPL Global Technical Committee, Chairman and Founder, Rapid Addition
Hanno Klein, Co-Chair FIX Protocol Global Exchanges & Markets Committee, Senior Project Manager, Deutsche Böerse Group
Rick Labs, CPA, CFA Co-Chair FIX Protocol Algorithmic Trading Working Group, Managing Member, CL&B Capital Management, LLC
Jim Northey, Co-Chair FIX Protocol Americas Regional Committee, Co-Founder, The LaSalle Technology Group LLC
Henry Young, Co-Chair FIX Protocol Inter-Party Latency Working Group, Director of Product Development, TS-Associates plc

Transaction Cost Analysis - The Next Model

Everyone talks about TCA, but how is it actually used in practice? With the continual introduction of new venues, how does it need to change to make sense of the impact of fragmentation?

Moderator:
William Rhode, Analyst, Tabb Group

Panellists will include:
Yossi Brandes, Director, Analytical Products & Research, Investment Technology Group, Inc.
Brian Mitchell, Head of Dealing, Gartmore Investment Management
Raj Nagella, Head of Algorithmic Products, Citi
Michael Simmonds, Head of Equity Liquid Markets Analytics, Nomura

Delivering Performance for Exchanges: The FIX Protocol Business Case

Mass adoption of the FIX Protocol by the exchange / ECN community would present industry-wide cost savings that could easily spiral into thousands (if not millions) of pounds.

This session will explore the business case for adoption, the cost saving and efficiency benefits FIX offers to both exchanges/ECNs and all those that connect to them. Additionally, it will examine the functionality available to meet evolving business requirements and the performance gains and latency reductions that choosing FIX could achieve.

Moderator:
Mark Reece, eTrading Solutions Architect, HSBC

Panellists:
Wolfgang Eholzer,Head of Trading System Design, Eurex
Leanne Parsons, COO, Johannesburg Stock Exchange
Peter Randall, Chief Executive Officer, Equiduct
Matt Simpson, Co-Chair FIX Protocol Global Technical Committee, Associate Director - Product and System Development, CME

Closing Speech

Speaker:
Stuart Adams, FPL EMEA Regional Director, FIX Protocol Ltd