Equities Leaders Summit (past event)
December 01 - 02, 2015
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December 1st – Tackling Current Priorities
07:00 - 08:15 Breakfast & Registration
08:15 - 08:25 Chairpersons Opening Remarks
08:25 - 09:10 All-Star Panel: Exclusive update on buy side to buy side trading initiatives - How your trading desk can capitalize on this to source block liquidity
Speakers:
Jonathan Clark Chief Executive Officer Luminex
Matt Lyons SVP Global Trading Manager The Capital Group
Curt Engler Head of Equity Trading, The Americas JP Morgan Asset Management
Jeff Estella Director of Global Equity Trading MFS Investment Management
Moderator:
Mark Kuzminskas Global Head of Trading The Boston Partners
Jonathan Clark Chief Executive Officer Luminex
Matt Lyons SVP Global Trading Manager The Capital Group
Curt Engler Head of Equity Trading, The Americas JP Morgan Asset Management
Jeff Estella Director of Global Equity Trading MFS Investment Management
Moderator:
Mark Kuzminskas Global Head of Trading The Boston Partners
- Can Luminex unlock enough liquidity to enable block trading?
- Buy side owned trading venues: Will they have enough traction to revolutionize the way you trade?
- Are homegrown buy side trading solutions the new execution platform of choice?
- How is buy side to buy side trading transforming existing routes to market? How does it affect buy side to broker relations?
Moderated by: Mark Kuzminskas, Global Head of Trading, The Boston Partners
09:10 - 09:40 Keynote Presentation: How to ready your trading desk to cope with the consequences of regulation in the automated equities market
- Manifesting the market structure vision: What needs to change and why? What does this mean for your trading desk?
- Should there be better market surveillance, and how does this impact your risk management processes?
- Dealing with regulatory consequences: What's on the horizon, and how should people prepare for the intended and unintended consequences?
09:40 - 10:30 Panel: Confronting fragmentation concerns: Can the US equity trading market be consolidated without eliminating competition, stifling innovation, raising transaction costs, and producing subpar performance?
Moderator:
Mark Kuzminskas Global Head of Trading The Boston Partners
Speakers:
Stuart George Senior VP and Head of Equity Trading Delaware Investments
Daniel Ciment Managing Director Execution Services JP Morgan
Vlad Khandros Global Head of Market Structure and Liquidity Strategy UBS
Joe Mecane Managing Director Barclays
Mark Kuzminskas Global Head of Trading The Boston Partners
Speakers:
Stuart George Senior VP and Head of Equity Trading Delaware Investments
Daniel Ciment Managing Director Execution Services JP Morgan
Vlad Khandros Global Head of Market Structure and Liquidity Strategy UBS
Joe Mecane Managing Director Barclays
- Is consolidation in particular types of trading venues inevitable? Why has there not been more consolidation to date?
- Is there a clear winner in each venue category for:
- Re-aggregating liquidity
- Offering technologically advanced and efficient trade execution
- Ensuring market surveillance quality
- Providing efficient pricing structures
- Are all the arguments against market fragmentation commendable? - it degrades market quality, creates arbitrage opportunities, and deters transparency
- Are all the arguments against consolidation commendable?
10:30 - 11:15 Morning Break
Maximising TCA Value
11:15 - 12:00 Panel: Unlocking TCA’s full potential: How to standardize analysis and leverage data to improve trading performance
Speakers:
Matt Lyons SVP Global Trading Manager The Capital Group
Christopher Fiorito Director of Global Equity Trading River Road Asset Management
Scott Hammond Head Trader, International Equities State Teacher’s Retirement System of Ohio
Lori Hoch COO Cortina Asset Management
Moderator:
Dave Lauer Chairman Healthy Markets Association
Matt Lyons SVP Global Trading Manager The Capital Group
Christopher Fiorito Director of Global Equity Trading River Road Asset Management
Scott Hammond Head Trader, International Equities State Teacher’s Retirement System of Ohio
Lori Hoch COO Cortina Asset Management
Moderator:
Dave Lauer Chairman Healthy Markets Association
- How to work out your cost of trading - what to measure and how to measure it
- Guaranteeing accountability: How to compare ‘apple and pear’ data across divergent trading strategies
- How to contextualize data to derive accurate and actionable results from TCA
- How can you best leverage TCA to influence trading decisions and improve your execution performance
Sourcing Liquidity
11:15 - 12:00 Case Study Revolution: How to successfully source liquidity in today's markets: Which proven methods are the buy side using to overcome shortages?- Who should be responsible for supplying liquidity in times of stress?
- How can liquidity be pushed into the light?
- How to best tackle toxic liquidity
- Is there a global shortage of liquidity?
- Pinpointing proven solutions to overcome liquidity shortages
Maximising TCA Value
12:00 - 12:45 Interview Revolution: New venue analysis insights: The performance metrics you should use to accurately compare individual venues and the dark vs lit market- How you can take advantage of venue analysis to have more useful conversations with your broker
- The factors you should consider when assessing venue performance
- The best performance metrics to use to compare individual venues and contrast dark vs lit markets
- How to best compare different market structures and assess venue quality
Sourcing Liquidity
12:00 - 12:45 Panel: Optimising the execution lifecycle: Key steps you can take to overcome liquidity challenges- Optimal liquidity-seeking: How to capitalize on customized metrics and advanced trading to navigate liquidity dead-zones
- Dark strategies: Unveiling successful methods for executing trades in dark venues whilst minimising information leakage
- Trading decision support: How recent advancements in technology to reach best liquidity in a wide range of multi-venue trading scenarios
- Alpha alignment: Newer ways to align execution strategy with investment style and improve the broker/buyside workflow
12:45 - 14:15 Lunch
Exploiting the Critical Information Edge
14:15 - 14:35 Case Study: Transforming data into actionable knowledge - How to derive value from big data to find new alpha opportunitites- How to accurately weight the value of unstructured data to your strategy to find hidden alpha
- Social media and sentiment analysis: are we missing a trick?
- Determining how much structure a data set contains, and whether existing tools used for other data sets can analyze it
- How to optimize data crunching and correlation to distinguish vital alpha opportunities
Exclusive Buy Side Boardroom
14:15 - 14:35 Creative Boardroom - Making Multi-asset Trading a reality: How to break down barriers to reap the business benefitsA rigorous and creative approach to tackle multi asset trading challenges in your role as a Global Head of Trading. Collaborate with 11 of your peers to determine a new 3-step action plan to make multi asset trading a reality on your trading desk. Share your recent experiences with each other to find a way forward that leverages the collective brainpower and know-how of the boardroom.
Exploiting the Critical Information Edge
14:35 - 15:20 Presentation Revolution: The data visualization age: Capitalizing on new tools to aid real-time information consumption in your execution process- How to capture multiple and disparate data sources to improve your trading capabilities
- Tapping into the value-add of data visualization: How identification of anomalies can uncover alpha
- Combining visualization tools with existing capabilities to maximize the use of information
- New frontiers of data consumption: Will visualization tools become the new norm?
Exclusive Buy Side Boardroom
14:35 - 15:20 Creative Boardroom continuedExclusive Buy Side Boardroom
15:20 - 15:45 Presentation: Overcoming communication limitations imposed by market data vendors: How to guarantee fast, simple and open information exchange to empower the trading function
Exclusive Buy Side Boardroom
15:20 - 15:45 Creative Boardroom continued15:45 - 16:15 Afternoon Break
16:15 - 16:45 Updates From Creative Boardroom: Making Multi-asset trading a reality: How to break down barriers to reap the business benefits
16:45 - 17:15 Macro Outlook: Macro trends to consider: How will geo-political drivers affect the buy side trading desk?
- Slow steps towards the FED’s rate rise: How will this impact attractiveness for investing in the equities market, and has there been any effect in the interim?
- How will the rise in China’s equity index effect trading volume in Western markets? What does the Shanghai and HK Connect mean for the US equity trading market?
- How is market volatility defining trading strategies? Can alternative trading strategies in a fluctuating market ever be profitable?
- What impact will Eurozone turmoil have on the wider equities market?
17:15 - 17:35 Interview: The future of capital markets: How attractive do equities look in comparison to other asset classes?
- How is the equity market maintaining its attractiveness for investors in comparison to other asset classes?
- What are the systemic forces driving equity market investment?
- How has a strong US dollar affected investments in the equities market - how does this compare to its impact on other asset classes?
- In light of recent rising stock prices, and low returns, how will 2016 play out for the equities market?
- What tips can the equities market take from other markets? Is equity market evolution being taken into account in other asset classes?
17:35 - 17:40 Chairperson's Closing Remarks
17:40 - 23:59 Drinks reception - 'A night at the movies'
Ocean View Garden, Eden Roc Hotel
Join us for a night at the Miami Movies! With stunning views of the beach, the ocean view garden is the ideal location to unwind after the first day of the conference. We will be serving drinks and cinema snacks in the perfect networking setting with some old movies showing to keep you entertained so that you leave feeling like a film star.