Main Day 2 - Thursday 5th
8:00 am - 8:55 am
Registration and Breakfast
8:55 am - 9:00 am
Chairperson’s Opening Remarks
Leonid Hmelnitsky -
Independent Expert, former Head of Global Equity Trading,
Mellon Capital
Preparing For The Next Big Thing
9:00 am - 9:20 am
CIO Keynote: How geo-political tensions and changing investment habits are influencing equity markets and how can you best prepare for the challenges and opportunities on your desk?
Rick Lacaille -
CIO,
State Street Global Advisors
- How is the rise of passive investing and risk premia strategies impacting traditional equity markets and how the market can be better aligned with these changes?
- Global view – How are US protectionist policies and slowing growth in the UK and Eurozone is affecting stock markets volumes?
- Addressing Brexit uncertainty – what steps can you take to best manage the political risk in the UK over the next 12 months to minimize impact on your investments?
- Gaining access to Chinese markets – How can you capitalise on the new opportunities China presents as their markets open up to foreign investors?
- How can further developments in the use of artificial intelligence and data sciencecontinue to improve the investment decision-making process?
9:20 am - 10:00 am
All Star Panel: Capitalizing on the ETF revolution: What are the 4 biggest trends driving ETF growth and how can you capitalize on these on your trading desk?
Ari Burstein -
President,
Capital Markets Strategies
Michael Buek -
Principal, Head of US Index Portfolio Management, Trading Desk,
Vanguard
Michael Clements -
Chief Trader,
Employees Retirement System of Texas
Clive Williams -
Head of Global Equity Trading,
T.Rowe Price
Adam Gould -
Managing Director, Head of U.S. Equities,
Tradeweb
Robert Forsyth -
Head of SPDR Americas Client Enablement Group,
State Street Global Advisors
ETF’s have become the go-to instrument for traders looking for instant liquidity and exposure to markets across global capital markets. ETF markets are on an upward trajectory and account for a huge piece of the equity market. The growth of ETFs has continued to lure in even more new investors; find out how you can capitalize on the ETF revolution during our first panel on day 2 with our ETF experts.
- Why has the shift of assets from active management to index strategies become one of the main drivers of growth for ETFs?
- How are active managers utilizing ETFs for more reliable and efficient liquidity?
- How recent regulatory developments impacting ETFs trading and what impact has the latest order routing disclosures had on equity markets?
- ETF execution strategies – What innovations in platforms and trading tools can enable you to trade ETFs more efficiently and help you achieve best execution on a regular basis?
- How can you use ETF to minimize your trading costs?
- Active semi-transparent ETFs – How are active managers reaping the benefits of these new ETF instruments and are they offering the boon active managers expected?
10:00 am - 10:20 am
Fireside Chat: Analysing the current market data landscape, market access services and their associated fees – what steps can be taken to improve products and services?
Tyler Gellasch -
Executive Director,
Healthy Markets Association
Jonathan Kellner -
CEO,
Members Exchange (MEMX)
Amy Hong -
Global Head of Market Structure, Equities and FICC, Securities Division,
Goldman Sachs
The pace of change towards data driven trading shows no pace of slowing. Despite the saturation in the use of equity TCA which has become an essential part of the trader toolkit over the past decade, we are seeing TCA and data driven insights become even more ingrained in the equity trading workflow. With some of the top market makers and proprietary firms already at the forefront of trading analytics, the rest of the market is set to follow, and adoption of more granular data analysis is continuing to increase. Find out how you can give yourself the competitive edge during our buy side focused fireside chat with Lisa Utasi.
- What are the current SEC priorities in the market data space – Fees, SIP issues, better guidance on best execution?
- How can latency and luck of content to be addressed to make something that competitive trade business can use?
- Fees, fairness and competition – How to make sure that participants who can afford the fastest, best collocated product are not getting their data and information at the slower speed and slower access to the market?
- Assessing core data infrastructure along with a review of public transparency – should core data be free?
Amy Hong
Global Head of Market Structure, Equities and FICC, Securities DivisionGoldman Sachs
10:20 am - 10:50 am
Morning Networking Break
10:50 am - 11:10 am
Q&A with the regulator: Gain first-hand clarity on new regulations by having your burning questions answered directly by an SEC Commissioner
Commissioner Robert J. Jackson Jr. -
Commissioner,
U.S.Securities and Exchange Commission (SEC)
Tyler Gellasch -
Executive Director,
Healthy Markets Association
Robert J. Jackson Jr. was appointed by President Donald Trump to the U.S. Securities and Exchange Commission and was sworn in on January 11, 2018. Commissioner Jackson has extensive experience as a legal scholar, policy professional, and corporate lawyer. Commissioner Jackson’s academic work has focused on corporate governance and the use of advanced data science techniques to improve transparency in securities markets. He was the founding director of Columbia Law School’s Data Lab, which used cutting-edge technology to study the reliability of corporate disclosures. Commissioner Jackson has written more than 20 articles in the nation’s most prestigious legal and economics journals.
Commissioner Robert J. Jackson Jr.
CommissionerU.S.Securities and Exchange Commission (SEC)
11:10 am - 11:30 am
Regulatory Keynote: SEC equity market structure initiatives for 2020 – Unveiling the potential new initiatives that can further modernise the national market system
Brett Redfearn -
Director, Division of Trading and Markets,
SEC
Ari Burstein -
President,
Capital Markets Strategies
Brett Redfearn was named the U.S. Securities and Exchange Commission's Director of the Division of Trading and Markets in October 2017. Mr. Redfearn has a long history in the U.S. equity markets, having worked with investors, exchanges and broker-dealers. During his career, he has focused on how technology, regulation and business trends are changing trading patterns across asset classes and geographic regions. He has helped build electronic trading products, worked closely with exchanges and other trading venues as these products evolved, and engaged with global asset managers on major regulatory developments.
11:30 am - 11:50 am
Fireside chat- Regulatory Outlook- How is the US market structure and regulatory issues overcome?
Tyler Gellasch -
Executive Director,
Healthy Markets Association
David Brooks -
Director of Trading,
The London Company of Virginia
Carlos Oliveira -
Electronic Trading,
Brandes Investment Partners
Embracing Disruption
11:50 am - 12:20 pm
Special Guest Speaker: 5 Steps to Trust: How this counterintelligence agent learned the secret of getting people to trust him
Robin Dreeke -
Former FBI Special Agent, & Chief of the Counterintelligence Behavioural Analysis Program,
.
Robin is a retired FBI Special Agent and Chief of the Counterintelligence Behavioural Analysis Program and has taken his life's work of recruiting spies and broken the art of leadership and relationship building into Five Steps to TRUST. In this dynamic session learn from Robin’s 20-years experience in the FBI and find out everything you need to know to gain peoples trust.
Robin Dreeke
Former FBI Special Agent, & Chief of the Counterintelligence Behavioural Analysis Program.
12:20 pm - 12:40 pm
Special Guest Speaker: AI Governance
Sharad Shandilya -
VP of AI and Big Data,
Fidelity Investments
12:40 pm - 1:10 pm
Oxford Style Debate: TRUE OR FALSE- Digital assets will bring true globalization in financial markets
Leonid Hmelnitsky -
Independent Expert, former Head of Global Equity Trading,
Mellon Capital
Nisa Amoils -
Venture and Growth Investor, Managing Director,
Grasshopper Capital
Dave Weisberger -
CEO,
CoinRoutes
With globalization, new technologies are emerging in the environment in which we live and impacting society as a whole. Cryptocurrencies are one of the novelties in the context of globalization, however do these cryptocurrencies really have a place in institutional capital markets? Take a front row seat during our Oxford Style Debate, where our experts will fight their corner to deliver the knockout argument to claim victory.
- Digitalization of assets - impact of blockchain technology and the digital market structure
- Globalization – are the digital assets poised to start breaking down the borders to allow for more global efficiencies for asset managers?
- Understanding the benefits of a digital trading technology to maximise data and analytical capabilities
- The tension between the regulation and technology – how regulation is preparing for globalization of finance?
1:10 pm - 1:15 pm
Chairperson’s Closing Remarks
Leonid Hmelnitsky -
Independent Expert, former Head of Global Equity Trading,
Mellon Capital
Equities Leaders Summit Lunch & Champagne Roundtables
1:15 – 2:15
1:15 pm - 2:15 pm
Champagne Roundtable 1: What smaller desks can do to up their game in the one-size-fits-all US market structure?
Scott Tucker -
Vice President, Trading,
Mesirow Financial Equity Management
1:15 pm - 2:15 pm
Champagne Roundtable 2: How centralised dealing desks can best consolidate the execution function of multiple assets?
Brendan Gorman -
SVP Trading,
Lazard Asset Management
1:15 pm - 2:15 pm
Champagne Roundtable 3: How can you better interpret body language and non-verbal cues to gain trust in the workplace and gain a competitive edge?
Robin Dreeke -
Former FBI Special Agent, & Chief of the Counterintelligence Behavioural Analysis Program,
.
Robin Dreeke
Former FBI Special Agent, & Chief of the Counterintelligence Behavioural Analysis Program.
1:15 pm - 2:15 pm
Champagne Roundtable 4: How can the buy side and sell side collaborate to drive mutually beneficial initiatives forward and continue to create a more efficient market structure for all?
Leonid Hmelnitsky -
Independent Expert, former Head of Global Equity Trading,
Mellon Capital
* Selected Sell Side heads will be invited to this session