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How Regulatory Agencies May Monitor HFT At The Speed Traders Workshop 2012 Seoul

Edgar Perez, author of The Speed Traders: An Insider's Look at the New High-Frequency Trading Phenomenon That Is Transforming the Investing World, will provide a session on The Future of High Frequency Trading at The Speed Traders Workshop 2012 Seoul: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX, March 28th. Among other topics, Mr. Perez will discuss: · Enhancing profitability: from equities to FX to cross-asset trading · High frequency trading in the world: from the U.S. and Europe to China and Brazil · Adding ammunition to the high frequency trader toolkit, FPGA, GPUs and enhanced technologies · Turning the tables on high frequency trading: the transparency challenge for the buy-side As reported by The Huffington Post, powerful computers scan dozens of markets and order millions of stock prices every second. These computers, situated in banks, hedge funds and trading firms around the country, identify small discrepancies in stock prices and trade hundreds or thousands of stocks within milliseconds in order to beat other traders. In Washington, D.C., regulators wait weeks to hear back from firms about specific trades. Initially, they do not find out the customer of the trade; they need to follow up with individual trading firms to eventually determine the customer's identity. In some cases, they do not even learn the time of the trade. The SEC cannot be sure that its sequencing of trades is accurate, since clocks across the stock market are not synchronized. Regulators have struggled over how to best deal with the quickly growing world of high-frequency trading. As computers conduct rapid-fire trades that regulators cannot even sequence in order, traders and investors are able to manipulate the market in ways that regulators cannot identify. High-frequency trading wields a growing amount of influence over the movement of the stock market. The total volume of trading in the U.S. stock market has escalated with the growth of high-frequency trading. The 2.8 billion shares traded every day in the U.S. stock market in 2000 have more than tripled to 8.5 billion shares traded per day in 2010, according to the Tabb Group. Meanwhile, the SEC has lagged behind. Several market experts pointed to the sudden stock market crash on May 6, 2010, as evidence that U.S. regulators need better equipment to investigate trading and the causes of stock market movements. The Speed Traders Workshop 2012 Seoul will reveal how high-frequency trading players are succeeding in the global markets and driving the development of algorithmic trading at breakneck speeds from the U.S. and Europe to India, Singapore and Brazil. The Speed Traders Workshop 2012 Seoul kicks off a series of presentations in the world's most important financial centers: Kuala Lumpur, Malaysia, April 11; Doha, Qatar, April 18; Warsaw, Poland, May 11; Kiev, Ukraine, May 18; Singapore, May 26; Beijing, China, May 30; Shanghai, China, June 6; Jakarta, Indonesia, June 13; Mexico City, Mexico, July 27; Hong Kong, August 4, and Moscow, Russia, August 10.