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) The U.K.'s Financial Services Authority is considering stiffer rules for high-frequency trading firms after a four-month review into the practice, Financial News has learned. The investigation comes as a series of technology glitches have fueled fears that high-speed trading could pose a systemic risk to financial markets. U.S. broker Knight Capital lost $440 million in the space of 45 minutes two weeks ago.
According to highly placed sources, the FSA's wholesale conduct policy team undertook a four-month "thematic assessment" into U.K.-based HFTs between February and May this year, and is still formulating its conclusions. The review centered on the nature of firms' "market conduct controls," which included pre- and post-trade risk procedures, and "operational risk issues", such as minimum capital requirements, the sources said.
The investigation highlights the growing concern among financial regulators over high-speed trading firms, which use their own capital and whose sophisticated computer-driven strategies now account for as much as 60% of volumes on major US and European exchanges and the full attention of 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.