Day Three
Friday, October 17, 2008

8:00 a.m. Registration & Networking Breakfast

9:00 a.m. Chairperson’s Recap

9:15 a.m. Insights from the PM/CIO on Investment & Allocation & The Trader

This panel brings together PMs who also either trade or have traded and incorporates their expertise into a comprehensive guide for the trader as to the two-way highway running from the trading desk to the PM’s office and

David Depew
SVP
PUTNAM INVESTMENT MANAGEMENT

John Balder
Senior Portfolio Manager
SSGA

John R. Phillips
Chief Investment Officer
PHILADELPHIA CAPITAL MANAGEMENT

Ephraim Zakry
Senior Quant Trader and Portfolio Manager
TYKHE CAPITAL LLC

10:00 a.m. Spotting Opportunities in a Double Whammy: Contracting Economy & Stagflationary Shock

Nouriel Roubini, NYU Professor and Chairman of RGE Monitor brings his breadth of knowledge to sharing information about what’s happening in the economy today and how that will impact the trader. Having served in various roles at the Treasury Department, including Senior Advisor to the Under Secretary for International Affairs and Director of the Office of Policy Development and Review and as Senior Economist for International Affairs on the Staff of the President’s Council of Economic Advisors , he is in the position to give a realistic and thoughtful perspective.

Nouriel Roubini
NYU Professor and Chairman
RGE MONITOR

10:45 a.m. Networking Business Exchange and Refreshment Break in Exhibit Hall

11:15 a.m. Paradigm Shift in Market Structure: The New Economics of a Bifurcated and Globally Integrated Market

  • Opportunities and Advancements in Global VWAPS and Algo Solutions:
  • What’s New from the world’s markets?
  • 24-Hour Trading Desks: Implementing the Appropriate Risk Managers and Controls
  • Is The NYSE Still Relevant On A Global Stage? US Regional Exchanges and Equity ECNs and Trading on Electronic Versus Floor-Based Markets
  • The effect of CSAs

Eylem Senyuz
Head Trader
EMERGING MARKETS MANAGEMENT

Roberto Malamut
Quantitative Analyst
SAC CAPITAL

Simon Spenser
Senior Vice President
D.E. SHAW

12:00 p.m. One Desk, One Strategy – Integrating Trading Strategies for Multi Asset Classes
With different asset classes having different trading needs, can there really be a one-stop-shop to suit all? Or are there enough similarities within trading algorithms and utilizing high frequency trading to bridge the gap? This session brings together traders from the various asset classes who discuss the pros and cons of trading on a single platform and weigh in on whether or not one single platform can satisfy all the needs of the trader.

Michael Reznick
Managing Director
AKSEL CAPITAL MANAGEMENT

Thomas Parry
Director of Quantitative Research
PLIMSOLL CAPITAL

Margaret Bailey
Vice President, Business Development, North America
Smart Trade

Chris Bleuel

12:30 p.m. Luncheon for Speakers & Attendees

1:45 p.m. Liquidity and the Fed: Latest Initiatives to Inject Liquidity in the Market
Currently, the Federal Reserve has implemented a number of initiatives to help the market by essentially injecting liquidity. With three-four different programs underway, what defines the macro-structure of this? How are we gauging both the results and the impact on the market? Are these programs actually helping the market? These are intricate econometric and statistical issues which traders must know as it effects the macro environment of the global trading community.

Asani Sarkar
Senior Economist
FEDERAL RESERVE BANK OF NEW YORK

2:15 p.m. What Other Applications Are Out There for the Trader and Makes the
Most Sense in This Market?

  • What are the vendors plans for next year? What’s a meaningful upgrade?
  • What will give me an edge? A dramatic reduction of cost?
  • Identifying the second sphere of algorithmic trading: Opportunistic trading
  • Event-driven algos: What’s in development?
  • Prediction: After Algos: What can the trader expect in the next 12 months? Five years? Ten years?

Simon Beverton
Director of Trading
REVERB CAPITAL

John Tansey
Senior Trader – Equities
HARRIS ASSOCIATES

2:45 p.m. A Look Ahead: What are the Ramifications of Today’s Market Tomorrow?
The next several months herald quite a few changes in the market for today’s trader. November decides the next presidency and with that comes uncertainty as to what role the federal government and the executive branch will have on the trading community. By addressing the underlying tone of the markets, the trader can better deal with the onslaught of issues they will be facing; issues including whether we’re in recession, a recovery or potentially a depression; what are the inevitabilities of doing away with the uptick rule and how do you really realize risk and make money in a volatile market. This session offers a lively discussion of these issues as well as insights from industry veterans.

Daniel Shaffer
President
SHAFFER ASSET MANAGEMENT

Jon Anderson
Head of Trading
BLUEMOUNTAIN CAPITAL MANAGEMENT

Peter Borish
Chairman & CEO
COMPUTER TRADING CORP.

3:15 p.m. concludes

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