Conference Program

Registration and breakfast

Welcome remarks:

Max Bowie, Editor, Inside Market Data

Morning keynote address: “All others bring data”

• Discussion of the role of data in the design, testing, implementation and monitoring of high frequency trading and other financial systems
• Focus on data requirements following the well-known K|V development methodology for automated finance

Dr. Andrew Kurmiega & Prof. Benjamin Van Vliet, IIT, STUART SCHOOL OF BUSINESS

End-user panel: Data management in Chicago's investment community

• Understanding the data needs of buy-side traders.
• Successful integration of market data and execution capabilities.
• Impact of high frequency trading in Chicago’s market structure.
• Identifying the issues users are facing and what they expect from vendors.
• The art of negotiation: Managing relationships with the sell-side, vendors and exchanges.

Moderator: Tom Etheridge, Managing Director, JORDAN & JORDAN
Scott Redstone, Data Acquisition and Vendor Manager, BANK OF AMERICA MERILL LYNCH
Lenee S. Wolf, Management Reconciliations, Vendor Management, NORTHERN TRUST
Tom Scholz, Manager- Analytics Group, HARRIS ASSOCIATES
Mustafa Maqbool, Manager - Trading Data, INFINIUM CAPITAL MANAGEMENT

Morning break

Panel: Winning the speed game: Real-time data for high frequency trading

• Latency as the single factor for successful trading.
• Developing an appropriate high-frequency trading infrastructure.
• Utilizing and filtering direct feeds to get the most value for money.
• Pre-empting regulatory changes to flash trading.

Moderator: Peter Lankford, Director, SECURITIES TECHNOLOGY ANALYSIS CENTER
Matthew Giedt, CTO, BDS QUANT
Junming Han, Lead Architect HF Platform, BANK OF AMERICA MERILL LYNCH
Stewart Orrell, Senior Manager of Financial Services, EQUINIX
Christian Blais, CTO, ALTIMUS CAPITAL LLC
Joe Bigane, Managing Director, INTERACTIVE DATA

Panel: The content buffet: Exploring news, research, ratings and analytics

• Identifying new opportunities: Examining the new data demands of Chicago.
• Sourcing and evaluating prices.
• What is technology's role in developing and shaping new content sets?
• Streamlining diverse sources of data.
• Identifying the value of emerging markets.

Moderator: Christopher Gersch, Director of Portfolio Management, ALTIMUS CAPITAL LLC
James Austin, Managing Partner, LEKKA CAPITAL MANAGEMENT
Audra Lind, SVP Data Management, NORTHERN TRUST
Barry S. Raskin, Managing Director, SIX TELEKURS USA
Rick Enfield, Product Business Owner, ASSET CONTROL
Clint Rhea, Chief Operating Officer, NEED TO KNOW NEWS

Lunch break

*Case study*

Barry S. Raskin, Managing Director, SIX TELEKURS USA

Panel: Creating the optimal data and trading architecture

• Network strategies: Overcoming the trade-off between scalability and latency.
• Impact of co-location growth on market data consumption and distributions.
• Consequences of lack of co-location space.
• The technology challenges brought on by the changing regulatory environment.

Moderator: Larry Gryziak, AVP Market Data, BARCLAYS CAPITAL
Dr. Mehmet Yanilmaz, Partner, MYRA TRADING
Dr. Bing Cao, VP, US Quant Risk / Trading Rates, BANK OF AMERICA MERRILL LYNCH
Changzheng Rao, Developer, NICO HOLDINGS LLC
Scott Parsons, Chief Architect and Chief Scientist, EXEGY
Falke Bruinsma, Chief Architect, WebSphere Front Office, IBM

Afternoon break

Technical Presentation: “Data dashboards for algorithm monitoring”

• Framework for monitoring high frequency trading systems using real-time performance metrics, historical data, and quality control technique

• Developing the use of interactive CGI interfaces for displaying data for evaluation and risk control

James Austin, Managing Partner, LEKKA CAPITAL MANAGEMENT

Panel: The evolving marketplace: Exchanges and ECNs as agents and objects of change.

• The impact of ownership changes, exchange consolidation and fragmentation on traders and firms in Chicago.
• Adding value to exchange data in the face of competition from ECNs, brokers and dark pools.
• Making the most of existing data to create new products, and generating new datasets based on client demand.
• The potential data impact of regulatory moves to migrate OTC contracts onto central clearing or exchange platforms.
• Different models for exchanges to utilize and exploit indexes and index data.

Moderator: Howard Simons, Strategist, BIANCO RESEARCH
Reid DuBuque, SVP, Director of Sales, ASTOR CAPITAL MANAGEMENT
Dr. Mehmet Yanilmaz, Partner, MYRA TRADING
Brian McElligott, Managing Director Information Products, CME GROUP

Closing remarks:

Max Bowie, Editor, Inside Market Data

Cocktail Reception sponsored by CME