Building off of the momentum of past conferences, Golden Networking brings back High Frequency Trading Leaders Forum 2012, now in New York, Chicago and London (http://www.High-Frequency-Trading-Conference.com)
(August 20, 2012, New York) It is Geoffrey Rogow from The Wall Street Journal who says regulators overseas have proposed the stiffest rules yet aimed at curbing manipulative high-frequency trading, while U.S. regulators are still in the talking stages.
Last month, Hong Kong's Securities and Futures Commission issued a proposal that would require trading algorithms to be tested and audited once a year.
On Monday, the Australian Securities and Investments Commission proposed a rule requiring brokers to gain direct control over all algorithm-based trades. Anyone breaking this or other of the country's newly proposed market integrity rules would face a fine of up to $1.1 million.
Meanwhile, the U.K.'s Financial Services Authority is considering stiffer high-frequency rules around "operational risk issues," according to Financial News.
All three proposals are much more stringent than the regulatory framework in the U.S., where even after the May 2010 "flash crash," a 20-minute period in which the Dow Jones Industrial Average fell hundreds of points before rebounding nearly as quickly, few new rules were designed to mitigate the potentially disruptive impact of high-frequency trades. Why so will be analyzed at High Frequency Trading Leaders Forum 2012, this time in three of the world's most important financial centers: New York, Chicago and London.
High Frequency Trading Leaders Forum 2012, How Knight Capital's 'Knightmare on Wall Street' Could Transform the Regulatory Landscape and Impact Investors, Speed Traders and Brokers", will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how new technology and regulatory developments will impact it. Recognized experts, regulators, and strategists, will return to High-Frequency Trading Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.
With insightful keynote speeches and highly regarded panels, everybody involved in high-frequency trading will gain inside knowledge about the latest technologies that can drastically optimize HFT infrastructures and take a first look at upcoming regulations that could radically change the HFT firms' business model. Topics that will be discussed at High Frequency Trading Leaders Forum 2012 include the movement toward emerging markets, every time more attuned to the use of bots, the regulatory environment, how new technologies are changing the game, including FPGA applications, and a look at the upcoming regulatory changes that will definitely impact how speed traders capture alpha.
High Frequency Trading Leaders Forum 2012 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to email@example.com.