trade tech derivatives conference brochure 2011

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Wednesday 13 & Thursday 14 April, 2011 Excel Centre, London www.tradetechderivatives.com Regulation, Trading Technologies & Clearing In Tomorrow’s Derivatives World Complimentary access to TradeTech allows you to network with over 2,000 delegates over 2 days - expand your network in equity derivatives and equities! Created for the industry by the industry! TradeTech Derivatives is specifically created for equity derivatives trading professionals. To achieve this goal, the TradeTech team has consulted over 100 European buy side equity derivatives Heads of Trading to ensure we address your challenges! Leading speakers requested by the buy side Senior derivitives traders who will make sure you achieve excellence in future trading technologies, regulation and clearing of derivatives. Find out much more inside! Limited Complimentary Passes for The Buy Side We are pleased to offer a free pass to qualified buy side Heads of Equity Derivatives Trading. Only 35 buy side passes are available. Claim yours today to guarantee your place, email [email protected] 40 + Buy Side Equities Derivatives professionals already confirmed! Buy Side Keynote speaker: Erik Böss, Global Head of Derivatives, RCM Allianz Global Investors Other Keynote Speakers include: n Alexander Justham, Director of Markets, Financial Services Authority n Neil Joseph, Vice President, Equity Trading, JP Morgan Asset Management n Vincent Mooijer, Investment Manager, Head of Equities Trading, PGGM n Christoph Mast, Managing Director, Global Head of Trading, RCM Allianz Global Investors n Richard Lacaille, Chief Investment Officer, State Street Global Advisors Other Speakers Include: Dr Kay Swinburne, MEP Terence Nahar, Investment Director, Investment Solutions Team, Scottish Widows Partnership Anders Kulp, Head of Trading, Estlander & Partners Yury Dubrovsky, Chief Risk Officer, Lazard Asset Management María Teresa Fábregas Fernández, Deputy Head of Unit, Financial Services Policy and Financial Markets, European Commission David Bailey, Manager, OTC Derivatives & Post Trade Policy, Financial Services Authority Anthony Belchambers, Chief Executive Officer, Futures & Options Association Bertrand d’Anselme, Head of Listed Derivatives Clearing and Execution, BNP Paribas Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative, University of Bristol Natan Tiefenbrun, Commercial Director, Turquoise-London Stock Exchange Group Nitin Gambhir, CEO, Tethys Technology, Inc. Rustam Lam, Global Head of Marketing, RealTick “Top trading technology event to attend” Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative, University of Bristol T: +44 (0)20 7368 9465 | E: [email protected] | W: www.tradetechderivatives.com Sponsored by: Help shape your regulatory future at TradeTech Derivatives! Meet personally with the regulators and associations who are shaping the future of trading derivatives and give them your feedback directly!

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TradeTech Derivatives 2011 ConferenceRegulation, Liquidity and Trading Technologies in Tomorrow's Trading Derivatives WorldThis trading Derivatives conference is the newest addition to the TradeTech portfolio, dedicated to senior derivatives trading professionals. To guarantee you get the most out of derivatives as a trader, this Trading Derivatives conference will focus on your biggest future challenges: regulation and technology. Getting a grip on these areas will definitely bring your trading desk to the next level and will also differentiate your business from your competitors. We also created our speaker faculty thanks to the recommendations from over 100 senior European buy side derivatives trading professionals.

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Page 1: Trade tech derivatives Conference brochure 2011

Wednesday 13 & Thursday 14 April, 2011 Excel Centre, Londonwww.tradetechderivatives.com

Regulation, Trading Technologies & Clearing In Tomorrow’s Derivatives World

Complimentary access to TradeTech allows you to network with over 2,000 delegates over 2 days - expand your network in equity derivatives and equities!

Created for the industry by the industry! TradeTech Derivatives is specifically created for equity derivatives trading professionals. To achieve this goal, the TradeTech team has consulted over 100 European buy side equity derivatives Heads of Trading to ensure we address your challenges!

Leading speakers requested by the buy side Senior derivitives traders who will make sure you achieve excellence in future trading technologies, regulation and clearing of derivatives. Find out much more inside!

Limited Complimentary Passes for The Buy SideWe are pleased to offer a free pass to qualified buy side Heads of Equity Derivatives Trading.

Only 35 buy side passes are available. Claim yours today to guarantee your place, email [email protected]

40 +

Buy Side

Equities

Derivatives

professionals

already

confirmed!

Buy Side Keynote speaker:Erik Böss, Global Head of Derivatives, RCM Allianz Global Investors

Other Keynote Speakers include:n Alexander Justham, Director of Markets,

Financial Services Authority

n Neil Joseph, Vice President, Equity Trading, JP Morgan Asset Management

n Vincent Mooijer, Investment Manager, Head of Equities Trading, PGGM

n Christoph Mast, Managing Director, Global Head of Trading, RCM Allianz Global Investors

n Richard Lacaille, Chief Investment Officer, State Street Global Advisors

Other Speakers Include:

Dr Kay Swinburne, MEP

Terence Nahar, Investment Director, Investment Solutions Team,

Scottish Widows Partnership

Anders Kulp, Head of Trading, Estlander & Partners

Yury Dubrovsky, Chief Risk Officer,Lazard Asset Management

María Teresa Fábregas Fernández, Deputy Head of Unit, Financial Services Policy

and Financial Markets, European Commission

David Bailey, Manager, OTC Derivatives & Post Trade Policy,

Financial Services Authority

Anthony Belchambers, Chief Executive Officer, Futures & Options Association

Bertrand d’Anselme, Head of Listed Derivatives Clearing and Execution,

BNP Paribas

Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative,

University of Bristol

Natan Tiefenbrun, Commercial Director, Turquoise-London Stock Exchange Group

Nitin Gambhir, CEO, Tethys Technology, Inc.

Rustam Lam, Global Head of Marketing, RealTick

“ Top trading technology event to attend” Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative, University of Bristol

T: +44 (0)20 7368 9465 | E: [email protected] | W: www.tradetechderivatives.com

Sponsored by:

Help shape your regulatory future at TradeTech Derivatives! Meet personally with the regulators and associations who are shaping the future of trading derivatives and give them your feedback directly!

Page 2: Trade tech derivatives Conference brochure 2011

“...a must attend for me...” Michael J. Levas, Founder & Chief Investment Officer, Olympian Capital Management LLC

“The best trading event of the year...the ideal environment for the buy and sell side to get together”

Sheena Kelman, Head of Trading, Martin Currie

Dear Delegate,

Welcome to TradeTech Derivatives 2011 - the newest addition to th

e TradeTech portfolio, dedicated to

senior equity derivatives trading professionals.

To guarantee you get the most out of equity derivatives as a trader, TradeTech Derivativ

es will focus on

your biggest future challenges: regulation and technology. G

etting a grip on these areas will definitely

bring your trading desk to the next level and will also diff

erentiate your business from your competitors.

We also created our speaker faculty thanks to the recommendations from over 1OO senior European bu

y

side equity derivatives trading professionals.

Making New Regulation Work For You

• Hear from Alexander Justham, FSA at 1O:OO about the current & future strategies for

securities markets regulation. Find out how MiFID 2 is likely to be devel

oping what the

real impact will be on your business.

• Join the big picture session at 12:15 on: ‘Giving the indust

ry a new future with effective

& efficient regulation’ so you can position your trading de

sk to take advantage of the

new regulatory regime.• Participate in the discussion

at 15:OO to find out personally from the regulators and

associations exactly what is in the regulatory pipeline for

equity derivatives during this

unique interactive format.

Improving Derivatives Trading Capabilities

On the technology side, we have incorporated a Dragon’s D

en in the conference agenda. We understand

that investing in technology to allow you to trade electroni

cally can be tough, especially now the

derivatives standardisation is imposed by the regulators. Our a

im is to help you and to facilitate your

choice. Only the best-of-breed technology providers will prese

nt their solutions and you will have the time

to ask live questions during this session, so that you can m

ake the right investment decisions for

your desk.

But don’t take my word for it – make sure you read through the rest of the brochure and dis

cover why

you cannot afford to miss TradeTech Derivatives. If you have any questions, I remain at your disposal.

I look forward to meeting you on 13 & 14 April!

Kind regards,

Julie Nicolas, Conference Director, TradeTech

Derivatives

P.S. Only 35 complimentary buy side passes are available.

Make sure you claim yours today to guarantee your place!

1) Network with 120 senior equity derivatives trading professionals at TradeTech Derivatives.

2) Complimentary access to TradeTech allows you to network with over 2,000 delegates - expand your network in equity derivatives and in equities!

3) Build and maintain your relationships with brokers and make it a priority to ensure you tap into the best sources of liquidity.

4) With more time dedicated to extensive research with buy side, sell side, hedge funds, exchanges and technology providers, this is the only event to act as a true mirror to the European equity derivatives trading industry.

5) Upgrade your derivatives trading desk with tomorrow’s technology so that you can take advantage of derivatives standardisation imposed by the regulators.

6) TradeTech Derivatives is requested by and designed for the European buy side to ensure permanent improvement of your trading desk.

7) Meet personally with the regulators and associations who are shaping your regulatory future and give your feedback directly to them!

8) With over 120 solutions showcased, visit both the derivatives and the main exhibition halls to find new solutions, ideas and trading technologies.

9) Enjoy a keynote speech from an impressive buy side senior representative: Erik Böss, Global Head of Derivatives, RCM Allianz Global Investors who will advise you on exploiting the potential of the derivatives renaissance in order to trade innovatively whilst generating alpha.

10) The carefully selected TradeTech Derivatives Speaker Faculty are happy to share their experiences with you and tell you how they conquer similar challenges to the ones you are facing.

10 key reasons why you cannot afford to miss TradeTech Derivatives:

Network with over 2000 trading professionals Learn from the industry experts

Page 3: Trade tech derivatives Conference brochure 2011

Regulation, Trading Technologies & Clearing In Tomorrow’s Derivatives World, Day 1, 13 April 2011

07:30 Coffee & Registration

EUROPEAN CAPITAL MARKETS: FUTURE GROWTH & REGULATION08:30 Chair’s Welcome Address Andrew Silverman, Managing Director, Morgan Stanley Andrew Silverman is a Wall Street veteran with over 27 years of experience in cash, algorithmic and electronic trading. He is currently Managing Director and Global Co-head

of Morgan Stanley Electronic Trading (MSET). In this role, Andrew oversees sales and distribution for MSET globally, as well as distribution for Morgan Stanley Program Trading domestically. Andrew is an ideal chairman for this keynote opening session. His experience and expertise will no doubt enable him to ask only the most relevant, interesting and thought provoking questions.

09:00 Outlook At The Future Of The Global Securities Industry: What Will Matter In The Next 3-5 Years? John Humphrys, Presenter & Broadcaster, BBC Interviews A Senior Executive From Barclays Capital Mention John Humphrys, and most people will give you one of two replies: the Today programme, and tough interviewing. Join this unique interview with a senior executive from

Barclays Capital. Tough questions and in-depth answers promise to make this session one of the biggest highlights of the conference.

09:30 Assessing Key Factors Shaping The Future Of The Equities Trading Industry: Adjusting To The New Normal Kevin Cronin, Global Head of Equity Trading, Invesco Every broker, buy side trader and exchange agrees on one thing – the industry is changing direction and is readjusting to the “new normal” of the post crisis environment. What

are the factors shaping up the trading strategies of the buy side desks? Will they change their core practices and requirements. Join this keynote address to hear from one of the most influential heads of trading in the industry.

10:00 Outlining The Current & Future Strategy For Securities Markets Regulation Alexander Justham, Director of Markets, Financial Services Authority As this agenda is going to press, the first preview of MiFID 2 is coming from the EU. The entire industry awaits its verdict. Join this talk to hear what the FSA is planning for you

and for your customers and partners. Find out how MiFID 2 is likely to be developing and what its real impact is on your business.

10:30 Networking Morning Coffee

11:00 KEYNOTE GUEST ADDRESS Kerim Derhalli, Managing Director and Global Head of Equity Trading, Deutsche Bank

11:30 Outlook For The Economy And Future Impact On Financial Markets Roger Bottle, Managing Director, Capital Economics One of the City of London’s best-known economists, Roger Bootle specialises in macroeconomics and the economics of the property market. He was formerly Group Chief

Economist of HSBC and, under the previous Conservative government, he was appointed one of the Chancellor’s panel of Independent Economic Advisers, the so-called “Wise Men”. Get Roger’s insight on what the economy is likely to do in the near future and how it will impact everything from your business, your trading desk to the price of your house.

12:15 PANEL DISCUSSION: Giving The Industry A New Future With Effective & Efficient Regulation: Challenges & Opportunities Brian Mitchell, COO, Investment Division, Gartmore Robert Boardman, CEO, ITG; Tim Rowe, Manager, Trading Platforms and Settlement Policy, Financial Services AuthorityMaria-Teresa Fabregas-Fernandez, DG Markt, Securities Markets, EU; Karel Lanoo, Chief Executive Officer, Centre For European Policy Studies; Lisa Dallmer, COO European Cash Markets, NYSE Euronext; David Lester, CEO, Turquoise, Director, Info Services, London Stock Exchange; Denzil Jenkins, Director of Regulation, Chi-X Europe This panel discussion is without a doubt the most popular and controversial on this year’s agenda. Everyone has an opinion about MiFID. Everyone has concerns about MiFID. Everyone wants answers to how MiFID will shape the industry and their business. Join this panel of top level industry players as they gaze into the MiFID crystal ball. Give your feedback, ask direct questions and get honest answers from the industry movers and shakers.

13:00 Networking Lunch For Delegates & Speakers

DERIVATIVES TRADING IN A NEW REGULATORY REGIME14:20 CHAIRMAN’S OPENING REMARKS

14:30 BIG PICTURE KEYNOTE ADDRESS: Exploiting The Potential Of The Derivatives Renaissance In Order To Trade Innovatively Whilst Generating Alpha Erik Böss, Global Head of Derivatives, RCM Allianz Global Investors • Has the market dried up since the flash crash or does the future look like there will be a big derivatives revival? Where is the market heading? • Are all current and future challenges in the equity derivatives space coming back to regulation? • What are innovative ways of using derivatives trading tools and strategies to generate alpha? • How to trade and process derivatives at high frequencies?

15:00 REGULATION PANEL DISCUSSION: Getting To Grips With The Intricacies And Repercussions Of Impending Derivatives Regulation So That The Rules Give you Opportunities Instead of Challenges María Teresa Fábregas Fernández, Deputy Head of Unit, Financial Services Policy and Financial Markets, European Commission Anthony Belchambers, Chief Executive Officer, Futures and Options Association David Bailey, Manager, OTC Derivatives & Post Trade Policy, Financial Services Authority Diego Valiante, Research Fellow, European Capital Markets Institute

• What are the regulators going to be demanding and how can you get the most out of the coming rules? • State your case: What do regulators need to bear in mind when deciding which derivatives should be centrally cleared to not stifle innovation and operation of the markets?

(valuation procedures & liquidity requirements) • How will the central clearing of derivatives evolve in the new regulatory arena and how are these changes going to influence buy side and sell side companies? • The urgent need for transparency – An unachievable utopia? • What is the government doing in response to the pressures on short selling?

15:45 Networking coffee break in the exhibition area

RISK, LIQUIDITY & CLEARING16:15 BATTLE OF THE PLATFORMS

Introducing Competition - Turquoise outlines its plans to attack the dominant duopoly in listed equity derivatives, reducing costs and increasing liquidity Natan Tiefenbrun, Commercial Director, Turquoise - London Stock Exchange Group

Followed by the debate: Best Practice Derivatives Venue Selection for the Buy Side Natan Tiefenbrun, Commercial Director, Turquoise - London Stock Exchange Group NYSE Liffe, panellist tbc • How are various derivative platforms distinguishing themselves? • Who will be the first port of call for the buy side? Exchanges or MTFs? • What do derivative platforms actually need to deliver to have a sustainable long-term partnership with asset managers? • Which one is best in class to deliver value, increase efficiency, improve liquidity, bring standardisation and transparency of the derivatives market?

16:50 FRAGMENTATION PANEL DISCUSSION: Will There Be Market Fragmentation For Trading And Clearing Venues In Derivatives And How Can You Source The Best Liquidity At The Lowest Cost At All Times Moderator: Mike Chadney, CEO, CityOdds Terence Nahar, Investment Director, Investment Solutions Team, Scottish Widows Investment Partnership Bertrand d’Anselme, Head of Listed Derivatives Clearing and Execution, BNP Paribas

• How are derivative platforms taking shape in the current climate? Which are the latest success stories? • What will fragmentation mean for the market? • What might best execution look like in a fragmented equity derivative trading environment? • Tapping into all available sources of liquidity and securing the best price at the right time: Smart Order Routing for derivatives in a fragmented marketplace

17:20 CASE STUDY: Risk Management In Derivatives Trading And How To Improve Your Risk Management Systems To Provide You Guidance On The Most Sound System

Yury Dubrovsky, Chief Risk Officer, Lazard Asset Management • Demonstrating a state of the art risk management capability to satisfy the demands of clients and regulators • As integrated risks will be a higher priority in tomorrow’s unpredictable financial environment, how can you improve your risk management systems and OTC derivatives

processing? • Learn useful techniques for assessing and managing the main risks your business is dealing with and preparing for regulatory changes

17:45 CHAIRMAN’S CLOSING REMARKS 18:00 Networking reception in the exhibition area

“No gimmicks here, just real substance...the ideal environment for the buy and sell side to network”

Juan Carlos Nieto, Founding Partner, Index Intelligence

Page 4: Trade tech derivatives Conference brochure 2011

Regulation, Trading Technologies & Clearing In Tomorrow’s Derivatives World, Day 2, 14 April 2011

8:00 Coffee & Registration

MARKET STRUCTURE & THE CHANGING FACE OF TRADING8:30 Chair’s Welcome Address John Humphrys, Presenter & Broadcaster, BBC

9:00 Dealing With Challenges & Making Difficult Decisions In Times Of Pressure Baroness Eliza Manningham-Buller, Former Head, MI5 Eliza Manningham-Buller has one of the shortest entries in Who’s Who, as might be expected of the woman who knows the nation’s most sensitive and secret intelligence even

before the Government does. In 2006, she gave a speech about the threat of terrorism to the West. Her officers were working to contend with some 200 groupings or networks, totalling over 1,600 identified individuals, who were actively engaged in plotting or facilitating terrorist acts here and overseas. “We are aware of numerous plots to kill people and to damage our economy. What do I mean by numerous? Five? 10? No, nearer 30 - that we know of. “ So how did she sleep at night? How did she manage to make the right decisions and outsmart this huge army of terrorists, bomb plotters and enemies? Join this inspirational talk to find out and then take some interesting ideas back home.

9:30 Developing New Approaches To Interacting With The ChangingEquities Markets: Seizing The New Opportunity

Senior Executive, UBS

10:00 Topic To Be Confirmed Barclays Capital

10:30 Inside the Trader’s Brain: What Makes You Trade The Way You Do? Richard Peterson, Fund Manager, Psychiatrist & Neuroeconomics Expert, MarketPsych.com You may not realise it, but there are biases that lay deep within your brain that influence the way you trade. Unfortunately these biases are what lead you to sometimes making

the wrong trading decisions. But by really understanding how your brain works, and retraining, you can avoid situations where most traders take a wrong turn. Gain expert views into the mind of the market with some of the latest findings from neuroscientists, financial practitioners, and psychologists. This keynote provides both buy side and sell side asset managers with insights and tools to improve their decision making in today’s chaotic markets. A great opportunity to learn how to take control of one’s reactions to moves in the market.

11:00 Morning Coffee & Networking

Networking & Coffee In The Exhibition Join hundreds of solution providers, partners and peers for some of the best networking in the world of trading and trading technologies. Thousands of buy side traders, sell side

brokers, exchanges and technology providers will be expecting to see you at TradeTech 2011.

11:30 KEYNOTE GUEST ADDRESS: Building The Future For Asset Management

Richard Lacaille, Chief Investment Officer, State Street Global Advisors As Chief Investment Officer, Rick Lacaille has responsibility for all the investment management activity at SSGA, including research and trading. Join Rick as he presents his views

on the changing role of the buy side trading desk. Gain a C-level perspective on what will be expected of you tomorrow and in 3 years time and the strategy and ideas behind these changes.

12:00 Flash Crash: What Happened, Why & How Can We Prevent It In The Future? Larry Tabb, Founder & CEO, Tabb Group Everyone recalls clearly the scene of confusion on the afternoon of Thursday 6 May 2010, when the US stock markets, suddenly and without warning, nosedived. Half of the

traders were looking at the TV screens to see if there had been some worldwide catastrophe that had not been broadcast yet. The other half were looking behind the computers to see if the cables were plugged in. Shares in consumer products giant Procter & Gamble alone fell almost 40 per cent, although they would bounce back before long. Some shares traded for a single cent - a fraction of their value only minutes before the crash occurred. The cause of the Flash Crash was a mystery - and it remains so. A ‘fat finger’ trade that might have caused a huge number of shares to be dumped on the market at a low price - has now been all but ruled out. So what did happened? Are you ready for the next “flash crash”?

12:30 Market Structure Panel Debate: Has The Trading Landscape Become Driven By Random Price Fluctuation & How Could We Change It? Peter van Kleef, Principal, Lakeview Capital Market Services GmbH Neil Joseph, Vice President, Equity Trading, JP Morgan Asset Management Larry Tabb, Founder & CEO, Tabb Group Following on from the “flash crash” discussion join this debate to hear the different opinions on the current market structure and its future direction. Many asset managers

believe that the current pricing models don’t have a future and things should be changed dramatically. What is the solution? Is random good or bad? Join this debate to voice your opinion and consider all options for market restructuring.

13:10 Lunch & Networking

TECHNOLOGY FOR DERIVATIVES TRADING14:10 CHAIRMAN’S OPENING REMARKS

14:15 DRAGON’S DEN Dragon’s Den: Derivatives Electronic Toolkit If you want to upgrade your derivatives trading desk so that you can take advantage of derivatives standardisation imposed by the regulators, then investing in the technology

to allow you to trade electronically is the next big challenge you face. But where will you find the time to have meetings with all the service providers in this space so that you make the right investment choice? To lessen the challenge of grappling with all of these questions, TradeTech Derivatives is pleased to present the Derivatives Electronic Toolkit Dragon’s Den: You will spend just one hour hearing from best-of-breed technology providers about their offerings, and learning from the questions and challenges posed by your peers and competitors. If you want to trade greater volumes of derivatives electronically and take advantage of the benefits in terms of time and cost, then this session is perfect for you. It will provide you with a shortcut to achieving all you need to know in order to make an informed decision.

• Which systems will be right for your desk? • How can you differentiate between providers? • Can you integrate new derivatives trading infrastructure with your existing architecture? And can you make it scalable to accommodate future needs? The Dragon’s Den session will be exclusive to following technology providers: • Connectivity • OMS • EMS • Algo’s Each presenter will have 5 minutes to make a pitch, followed by 10 mins Q&A with the Dragons and the audience. Technology Providers are encouraged to invite a user /

advocate to join them to add a case study element to the content. The 5 Dragons will be selected by TradeTech and will represent investment banks and buy side companies. Presenter: Dave Cliff, Director UK Large-Scale Complex IT Systems Initiative, University of Bristol EMS technology provider: Nitin Gambhir, CEO, Tethys Technology, Inc. Rustam Lam, Global Head of Marketing, RealTick

15:15 PRESENTATION: Lobbying For The Best Possible Regulatory Structure: A European Legislator’s Perspective On Derivative Instruments MEPs lobby the EU with regulator changes for your benefits. This is your chance to raise your voice!

Speaker: Dr Kay Swinburne, Member, Committee On Economic & Monetary Affairs, European Parliament DON’T MISS With a background in capital markets, Kay has been active lobbying the EU on the best possible regulatory framework for MiFID II. She will be offering you her first-hand insight

in to how EU regulation is created and how market participants can better communicate with politicians and regulators.

15:45 Networking coffee break in the exhibition area

16:15 CLEARING PANEL DISCUSSION: How Should Derivatives Clearing Be Opened To Competition And How Are The CCPs Improving Their Services • What are the positive and negative consequences of competition among CPPs?

- Understanding the overall CCP system • How are the CPPs ameliorating their services as far as the new regulation is concerned? • Which are the types of products best suited for central clearing?

16:50 EQUITIES & DERIVATIVES PANEL DISCUSSION: Synergies Between Equities & Derivatives Trading To Successfully Replicate Positive Equities Experiences Onto The Derivatives Landscape Moderator: Jeremy Bezant, Partner, RFQ-Hub Anders Kulp, Head of Trading, Estlander & Partners Yury Dubrovsky, Chief Risk Officer, Lazard Asset Management • Will trading derivatives electronically become as efficient as trading equities electronically? • Replicating successful equities experiences onto the landscape • Outlook at the future of the global equity derivatives industry: What will matter in the next 3-5 years?

17:30 CHAIRMAN’S CLOSING REMARKS

17:35 Networking reception in the exhibition area

To register, please call us on: +44 (0)20 7368 9465, email us on: [email protected] or register online: www.tradetechderivatives.com

Page 5: Trade tech derivatives Conference brochure 2011

SponSoR pRofIleS

To find out how TradeTech Derivatives can help you meet your marketing objectives, please call Matt Bethell, Commercial Director, TradeTech Derivatives on

T: +44 (0)20 7368 9328 | F: +44 (0)20 7368 9820 | E: [email protected]

Société Générale Corporate & Investment BankingAt the core of Societe Generale’s universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with nearly 11, 000 professionals present in 33 countries across Europe, the Americas and Asia-Pacific. Standing by its clients across sectors,

the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise in investment banking, global finance, and global markets. For Corporates, Financial Institutions and public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives. For investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes.

BNP ParibasBNP Paribas (S&P AA) is one of the six strongest banks in the world and the largest bank in the eurozone by deposits. GECD is the business line within CIB which combines the complementary activities of Structured Equity, Flow & Financing and Commodity Derivatives. Structured Equity and Flow & Financing offer a full range of innovative equity, index

and fund-linked products. In addition, they offer a comprehensive range of research and execution services in Asian equity products and their derivatives. Commodity Derivatives offers a full range of price risk management solutions. BNP Paribas Securities Services is a wholly-owned subsidiary of the BNP Paribas Group. We are Europe’s leading securities services provider and provide post-trade administration solutions to buy-side and sell-side financial institutions and issuers. Our network is one of the most extensive in the industry, covering over 100 markets with our own offices in 32 countries. We bring together local insight and a global network to enable our clients to maximise their market and investment opportunities worldwide.

Tethys TechnologyTethys Technology, Inc. is a leading provider of broker neutral execution management systems (EMS), algorithmic trading analytics and transaction cost analysis (TCA) solutions. Our Execta™ EMS platform facilitates strategy simulation, optimal trade execution, trade opportunity detection and risk management. Execta™ provides a rich interface and advanced functionality for trading of global equities, futures, options and foreign exchange, including cross-asset algorithmic trading. Tethys clients include: long only investment managers, sell-side firms

and market neutral, arbitrage, event driven, long-short and macro hedge funds. Execta™ includes Tethys’ pre-packaged algorithms, third party algorithms, and numerous advanced trading strategy templates. Users can develop their own templates and rules within the application using our scripting language and Complex Event Processing Engine. Our TCA offering, TotalTCA™, offers comprehensive pre-trade, real-time and post-trade analytics. TotalTCA™ features unique tools that allow traders to make algorithmic trading decisions to reduce execution costs and manage risk.

Turquoise Trading LimitedTurquoise is a market leading Multilateral Trading Facility (MTF) giving customers access to pan-European and US lit and dark equity trading in more than 2,000 global securities. Unique functionality in Turquoise’s Integrated Book combines visible and non-displayed orders to deliver increased likelihood of execution and price

improvement. Turquoise’s Midpoint Book is an entirely non-displayed execution service, where trades execute at the midpoint of the bid-ask spread. Turquoise also operates TQ Lens, a non-displayed liquidity routing service, which offers clients access to the otherwise inaccessible internal crossing networks of their peers. Turquoise has been majority owned by the international diversified exchange business, London Stock Exchange Group, since February 2010.

RealTickRealTick is the industryís premier multi-broker, global broker, neutral, multi-asset class trading platform, available via its flagship Execution Management System desktop, comprehensive data and trading APIs, RealTick for Microsoft ExcelÆ plug-in, FIX and RealTick Mobileô. RealTickís ease of use, unsurpassed flexibility and fully customisable trader experience delivers intuitively integrated analysis, execution and evaluation for smarter decision making and better investment performance through the trading cycle. This includes sophisticated trading

tools; unrivalled electronic access to leading global brokers and their products, plus exchanges, ECNs, ATSs and alternative pools of liquidity; real-time market and derived data, news, pre- and post analytics and proven risk management tools. Used by institutions, broker-dealers and traders worldwide, RealTick is supported by state-of-the-art global data centers, network redundancy and world class client service model for ultimate stability, resiliency and reliability. www.realtick.com. *RealTick is a registered trademark of Townsend Analytics, Ltd.

n Raise your profile and position yourself as a leader at TradeTech Derivatives

n You will have access to 120 decision makers representing senior equity derivatives trading professionals from the leading asset management, brokerage firms and technology providers - this is the perfect opportunity for high quality generation

n Extensive face-to-face networking opportunities with 8 hours of information networking throughout the conference to establish new leads and build profitable, long lasting relationships.

n Tailor-made sponsorship packages are designed for you to competitively position your brand and boost brand awareness across your target market at exceptional value for money.

n Benchmark against the best in class: keep an eye on the competition and stay ahead of industry developments.

n By sponsoring TradeTech Derivatives, you get complimentary access to over 2,000 TradeTech delegates located within the main exhibition hall at TradeTech

Key reasons to sponsor TradeTech Derivatives:For over 10 years across 15 annual events globally, TradeTech has been helping our clients to achieve important business objectives. Conference sponsorship offers a wide range of benefits irrespective of the size of your company and the level of your presence.

Confirmed media partners include:

PANTONE 281

Page 6: Trade tech derivatives Conference brochure 2011

5. Payment Details

TradeTech Derivatives 2011 Registration form

3. Your personal details:

Your Personal details: Your information will be held and used by Worldwide Business Research Limited (“WBR”) to register you for this conference and/or we may contact you by email, phone or post with information about other conference, products and services which we or our associated companies provide. We may also from time to time share your personal information with other parties in the European Economic Area who may wish to contact you by phone or post in relation to special offers, products and services related to your role within your company. If you would prefer not to receive such information from us or such third parties, please fax us, including a copy of this page of the brochure, on UK freephone fax number 0800 6525943 or +44 20 73698 9401

from time to time your name may be used in third party mailings. Please tick if you do not wish this to happen

2. Delegate Details (photocopy for multiple bookings)

Yes! I will be attending TradeTech Derivatives 2011

Last Name (Mr/Mrs/s): ____________________________

First Name: ____________________________________

Job Title: ______________________________________

Department: ___________________________________

Registration Contact: _____________________________

Company: _____________________________________

Address: ______________________________________

City: _________________________________________

Post Code: ____________________________________

Country: ______________________________________

Telephone: ____________________________________

Fax: _________________________________________

E-Mail: _______________________________________

Company VAT number: ___________________________

1. Your choice or registration package

Please tick which package you wish to register for:

TickBookings received before 28th Jan

Bookings received after 28th Jan

Main Conference£1599

(SAVE £600!)£2199

Main Conference + Focus Day

£2199(SAVE £750!)

£2949

Main Conference + Workshop

£2098(SAVE £600!)

£2698

Main Conference + Focus Day + Workshop

£2698(SAVE £750)

£3448

*Add CD Rom £200 £200

Prices are subject to the applicable UK VAT rate• In2010pricesaresubjectto17.5%UKVAT• FromJanuary2011priceswillbesubjectto20%UKVAT*If you are unable to make it to the conference, but would still like to purchase the CD - Rom, contact us on +44 (0)20 7368 9465

WBR Ltd Cancellation, Postponement and Substitution Policy:

You may substitute delegates at any time by providing reasonable advance notice to WBR. For any cancellations received in writing not less than twenty-two (22) days prior to the conference, you will receivea90%credittobeusedatanotherWBRLtdconferencewhich must occur within one year from the date of issuance of suchcredit.Anadministrationfeeof10%ofthecontractfeewillbe retained by WBR Ltd for all permitted cancellations. No credit will be issued for any cancellations occurring within twenty-one (21) days (inclusive) of the conference. In the event that WBR Ltd cancels an event for any reason, you will receive a credit for 100%ofthecontractfeepaid.YoumayusethiscreditforanotherWBR Ltd event to be mutually agreed with WBR Ltd, which must occur within one year from the date of cancellation. In the event that WBR Ltd postpones an event for any reason and the delegate is unable or unwilling to attend in on the rescheduled date,youwillreceiveacreditfor100%ofthecontractfeepaid.You may use this credit for another WBR Ltd event to be mutually agreed with WBR Ltd, which must occur within one year from the date of postponement. Except as specified above, no credits will be issued for cancellations. There are no refunds given under any circumstances. WBR Ltd is not responsible for any loss or damage as a result of a substitution, alteration or cancellation/postponement of an event. WBR Ltd shall assume no liability whatsoever in the event this conference is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, unforeseen occurrence or any other event that renders performance of this conference impracticable, illegal or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited to: war, fire, labor strike, extreme weather or other emergency. Please note that while speakers and topics were confirmed at the time of publishing, circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the speakers and/or topics. As such, WBR Ltd reserves the right to alter or modify the advertised speakers and/or topics if necessary without any liability to you whatsoever. Any substitutions or alterations will be updated on our web page as soon as possible.

Payment should be received by WBR Ltd within 7 days of the invoice date or by expiry of given discount date which ever is the earliest. If payment is not received by the offered discount date the higher price will apply.

Any booking made in the 14 days prior to the conference must be paid by credit card.

Payment of invoices other than by means of credit cards or purchase order (UK PLC and Government bodies only) will be subject to a £49 (plus VAT) processing fee.

Please complete as applicable

Please debit my: MasterCard Visa American Express

CARD No: ________________________________________

Security Code: ________ Exp. Date: _____________________

Cardholder’s Name: _________________________________

Cardholder’s Signature: ______________________________

I will be sending a bank transfer toWorldwide Business Research Ltd’s bank:HSBC, 79 Piccadilly, London W1J 8EU.

GBP payments to be made toA/C No: 21243578, Sort Code: 40-05-26,IBAN: GB09MIDL40052621243578, BIC: MIDLGB2107L.

Please fax confirmation of the bank transfer to Credit Control on+44 (0)20 7368 9401, quoting delegate’s name and booking code19728.001 as your reference on both fax and bank transfer.

I enclose a cheque made payable to WBR Ltd.

4. Four easy ways to register

1. FAX your completed registration form to WBR on +44 (0)20 7368 9401

2. Phone WBR on: +44 (0)20 7368 94653. Web – visit www.tradetechderivatives.com and register

for the event online4. Email us at [email protected]

ExCel, London, 12th - 14th April 2011

Regulation, Trading Technologies & Clearing In Tomorrow’s Derivatives World