Edgar Perez's The Speed Traders: An Insider's Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, Presenting The Speed Traders Workshop 2012 Shanghai, China, "How Algorithmic and High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX", June 6
As reported by Finextra, the Shanghai Stock Exchange (NYSEMKT:SSE) has become the latest bourse to signal a crackdown on the huge number of messages high-frequency traders generate. The SSE has revealed that will impose trading limits on accounts "with such abnormal trading behaviors as making orders in a large sum or at high prices, or conducting frequent false orders and withdrawals."
Firms that do not comply with the new rules will be faced with punitive repercussions of being designated unqualified investors, facing trading restriction for several days and referral to the China Securities Regulatory Commission.
The Shanghai Stock Exchange and its competitor, Shenzhen Stock Exchange pursue the same objective of curbing excessive speculation and volatility that drives HFT strategies in newly listed companies. New rules equivalent to a 30-minute suspension on shares that rise of fall by 10% from their opening prices on their first day of trading.
As China undertakes this amendment, Edgar Perez, author of The Speed Traders, and former McKinsey & Co. consultant, will be leading The Speed Traders Workshop 2012 Shanghai: How Algorithmic and High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (www.TheSpeedTradersWorkshop.com), June 6, for the first time in Shanghai, China.
Mr. Perez is widely regarded as the preeminent speaker and networker in the specialized area of high-frequency trading. He is the author of The Speed Traders, An Insider's Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World (www.thespeedtraders.com), published by McGraw-Hill Inc. (2011) and currently being translated into Chinese, course director of The Speed Traders Workshop 2012, How Algorithmic and High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, and Kuala Lumpur), and founder of Golden Networking.
Mr. Perez has been featured on CNBC Cash Flow (with Oriel Morrison), CNBC Squawk Box (with Geoff Cutmore), BNN Business Day (with Kim Parlee), TheStreet.com (with Gregg Greenberg), Channel NewsAsia Business Tonight and Cents & Sensibilities (with Lin Xue Ling), NHK World, iMoney Hong Kong, Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.
Mr. Perez has been engaged to present to the U.S. Securities and Exchange Commission, CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University and Pace University, among other institutions. In addition, Mr. Perez has spoken at Harvard Business School's Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, Hong Kong, Sao Paulo, London, Singapore), MIT Sloan Investment Management Conference (Cambridge), High-Frequency Trading Happy Hour (New York), Institutional Investor's Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul), 2nd Private Equity Convention Russia, CIS & Eurasia (London), among other global forums.
The Speed Traders Workshop 2012 Shanghai 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 Shanghai kicks off a series of presentations in the world's most important financial centers: Beijing, China, May 30; Jakarta, Indonesia, June 13; Mexico City, Mexico, July 27; Hong Kong, August 4, and Moscow, Russia, August 10.
Mr. Perez is one of the great business networkers and motivators on the business circuit; he is available worldwide for the following speaking engagements: Present and Future of High-Frequency Trading, The Real Story behind the "Flash Crash", Networking for Financial Executives, and Business Networking for Success.