Highlights from previous FPL Latin America Electronic Trading Conferences

Jochen Mielke de Lima, BM&FBOVESPA presents during the technical stream.
Participants during a business session

Agenda

Brazil flag small

08:30

Registration & Coffee

09:00

Event Welcome & Acknowledgements

09:15

The Future of Electronic Trading - What Lies Ahead for Latin America and the Global Markets?

In a rapidly changing market, a number of issues, challenges and opportunities are arising within the electronic trading space. This session will explore the key trends emerging within the Latin American region and globally and provide a number of perspectives on the prediction for the future of the world’s major financial markets.

Speakers:
Jimmy Chung, IT Director of Architecture, Bolsa de Valores de Colombia (BVC)
Ricardo Kaufmann, Partner & Director, Bulltick Capital Markets
Alex Lamb, SVP Business Development and Marketing, Executive Board Member, RTS Realtime Systems
Dan Watkins, Global, Business Development and Marketing Manager, CMA
Stephen Wilson, Global Head of Exchange Traded Instruments, Sales & Trading, Thomson Reuters


10:00

How Can Brazil Increase Its Offering for International Traders?

This session will look at the appeal of Brazil as a trading venue for international traders and how the environment could be enhanced to attract increased international interest. It will look at topics including how firms can trade into Brazil, what are the connectivity options available locally and how firms can achieve order flow into the market?

Moderator:
Carlos Kawall, International Affairs Officer, BM&FBOVESPA

Speakers:
Alberto Alvarez, Managing Partner, Fintec Group Inc.
Drey Dias, LatAm Trading Systems Director, Bloomberg

Stephen Murphy, Head of Brasil Global Banking and Markets IT, HSBC

10:45

MORNING BREAK

 
BUSINESS STREAM
STRATEGIC STREAM

11:15

Trading Electronically as a Buy-Side in Brazil

This buy-side focused session will explore the practices of buy-side firms trading electronically in Brazil. It will look at evolution in the marketplace, the different methods being utilized, the connectivity options available, the centralization of transactions, TCA, best- execution, in addition to the challenges and opportunities likely to impact buy-side market participants as the markets become increasing automated and move forwards with FIX?

Moderator:
Dr. Christian Zimmer, Head of Quantitative Research/Portfolio Management, Itaú
Unibanco

Speakers:
Marcos Carreira, Derivatives Products Officer, BM&FBOVESPA
Luis Faloppa, Senior Equity Trader, Schroders Investment Management Brazil

Clecio Lima, Associate Partner and Chief Technology Officer, BTG Pactual
Stephen Murphy, Head of Brasil Global Banking and Markets IT, HSBC

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

Following the recent release of the new industry standards- based messaging language for algorithmic trading strategies, the FIX algorithmic trading definition language (FIXatdlSM) version 1.1, 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, the benefits it seeks to achieve and how firms are now actively using FIXatdl to effectively meet business requirements.

Presenter & Moderator:
Kevin Houstoun, Co-Chair FPL Global Technical Committee, Chairman and Founder, Rapid Addition

Speakers:
Scott Atwell, Co-Chair FPL Global Steering Committee, Manager of FIX Trading and Connectivity, American Century Investments
Michel Finzi,Global Head of Business Development, RealTick
Spiros Giannaros, Vice President Sales, Americas, Charles River Development
Philippe Thomas, Managing Director, ULLINK Americas and Global Sales Director, ULLINK

12:00

Algorithmic Trading: What are the Options
Available to the Latin American Trader?

This session will feature a series of case studies exploring different execution algorithms, the circumstances when they should be used and the benefits they could deliver to your trading desk.

Presenter & Moderator:
Marcos Carreira, Derivatives Products Officer, BM&FBOVESPA

Speakers:
Russell Abramson, Executive Director, J.P. Morgan
Manoel C.V. Lopes, CMA Financial Laboratory Coordinator, CMA
Todd Lopez, Head of Sales for GSET, Goldman Sachs
Rodrigo Oliveira, Latam Sales, Advanced Execution Services, Credit Suisse
David Polen, Director of US Product Marketing, Fidessa

The Use of FIX for Foreign Exchange and Fixed Income

From its origins within the Equity space, the functionality offered by the FIX Protocol has expanded considerably both across the asset classes and throughout the trade- lifecycle. This session will focus specifically on the use of FIX in the Foreign Exchange and Fixed Income markets, the functionality it offers, how it can be used and the financial and operational benefits that wide adoption would offer to the Latin American trading community.

Moderator:
Daniella Baker, Marketing and Communications Manager, FIX Protocol Limited

Speakers:
Jim Northey
, Co-Chair FPL Americas Regional Committee, Co-Founder, The LaSalle Technology Group, LLC

Juan Quintero, Director of the International Business Unit, Interbolsa Brasil
12:45
LUNCH
 
BUSINESS STREAM
TECHNICAL STREAM

13:45

High Frequency Trading - The Costs, Risks & Opportunities it Presents to the Region

This session will seek to explain what high frequency trading means, the costs, risks and opportunities it presents. It will look at how the Latin American market has evolved, the extent to which High Frequency Trading is now being used and the potential it offers locally. Additionally, the session will explore co-location, who is using it, what are the client requirements and how is it working in Latin America?

Presenter & Moderator:
Dr. Christian Zimmer, Head of Quantitative Research/Portfolio Management, Itaú
Unibanco

Speakers:
Alexis Arldt Camara Machado, IT/Electronic Desk Senior Manager, Banif Brokerage
Delfos Machado Neto, Partner, Dunamis Equity Partners
Julio Ziegelmann, Managing Director of Equity Product Area, BM&FBOVESPA

The FPL Technology Roadmap: Supporting the
Evolving Needs of the Trading Community

Attendees at this session will gain an understanding of the three standards that create the FIX family of offerings - the FIX and FAST Protocols and FIXatdl.  This session will explore the benefits these standards offer to traders in Latin America, how they have developed over the past 12 months and current levels of adoption. It will then look at additional technical projects currently in progress by FPL, the developments that FPL will be delivering to the trading community in the next months and how firms in Latin America can contribute to the future technical developments offered by FPL.

Speakers:
Kevin Houstoun, Co-Chair FPL Global Technical Committee, Chairman and Founder, Rapid Addition
Marcio Castro, Co-Chair FPL Latin American Subcommittee, IT Officer-Trading and Market Data Systems, BM&FBOVESPA

 

 

14:45

The Regulatory & Self Regulatory Challenges
Impacting Electronic Trading in Latin America

This session will explore how the regulatory and self- regulatory rules are impacting algorithmic trading and DMA in Latin America?

Presenter:

Otavio Yazbek, Commissioner, Brazilian Securities Commission

Achieving an Optimal Implementation of the FIX
Protocol

This session will provide an overview of the different issues and challenges that have been experienced by firms implementing the FIX Protocol, the lessons learnt and include a series of useful tips that will enable your firm to achieve an optimal implementation.

Moderator:
Kevin Houstoun, Co-Chair FIX Protocol Global Technical Committee, Chairman and Founder of Rapid Addition

Speakers:

Scott Atwell, FPL Co-Chair Global Steering Committee, Manager FIX Trading and Connectivity, American Century Investments
David Polen, Director of US Product Marketing, Fidessa

Josh Nardo, Global Head of Professional Services, Greenline Financial Technologies

15:30
AFTERNOON BREAK
15:50

The Low Latency Arms Race

This session will explore the challenges faced as firms seek to achieve ever decreasing levels of latency, how brokers can achieve maximum results from their technology and manage ballooning message volumes. Topics to be discussed as part of this session include the new FIX inter-party latency initiative (FIX-IPL), co- location and DMA.

Moderator:
Kevin Houstoun, Co-Chair FPL Global Technical Committee, Chairman and Founder, Rapid Addition

Speakers:
Russell Abramson, Executive Director, J.P. Morgan
Andrés Araya Falcone, CIO, Santiago Stock Exchange
Luis Gustavo Penteado, Capital Market Director, Progress Software
Rodrigo Ramos, Head of Client Services, ULLINK Latin America
Steven Santivenere
, Global Sales Manager - Athena Products, Thomson Reuters


Automation Via the FIX Protocol in the Post-Trade
Environment

This session will provide an overview of recent developments within the post-trade space, exploring the actions firms have taken in response to the credit crisis and the evolution currently in progress. It will also look at how FIX is being deployed in FpML to provide a solution within the OTC Derivatives space.

Presenter:
Jim Northey, Co-Chair FPL Americas Regional Committee, Co-Founder, The LaSalle Technology Group, LLC

 

 

 

 

 

 

16:35

The Future Exchange Environment in Latin America

This session will explore the evolving exchange environment in Latin America, exploring the evolution of BM&FBOVESPA and whether new exchanges, ECNs or ATSs will emerge in Brazil?

Moderator:
Daniel Parke, Managing Director, Agência Estado

Speakers:
Ismael Caram, Operations Managing Director, ROFEX (Rosario Futures Exchange)
Marcio Castro
, Co-Chair FPL Latin American Subcommittee, IT Officer - Trading and Market Data Systems, BM&FBOVESPA

Pablo Negro, Senior Analyst, MATba (Buenos Aires Futures and Options Exchange)
Jitendra Puri, Vice President of Technology, Bolsa de Valores de Colombia (BVC)

Using FIX 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. It will explore why firms wish to connect to the exchange using FIX and the benefits that the FIX Adapted for STreaming (FASTSM) Protocol offers to the local trading community.

Moderator:
Jim Northey, Co-Chair FPL Americas Regional Committee, Co-Founder, The LaSalle Technology Group, LLC

Speakers:
Khushru Dadachanji , Head of Product Integration, Greenline Financial Technologies
Clecio Lima, Associate Partner and Chief Technology Officer, BTG Pactual
David Ng , Vice President, Client Connectivity, Americas HSBC - Global Banking and Markets

17:20

Closing Speech

17:30
COCKTAIL RECEPTION