Edgar Perez, High-Frequency Trading Leaders Forum 2012 London, Featured on HFT Review Expert Interviews by gurusat

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									Edgar Perez, High-Frequency Trading Leaders Forum 2012 London, Featured
on HFT Review Expert Interviews

Golden Networking brings the World’s Most Influential High-Frequency
Trading Conference Series, 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, now
in London, December 12.

London, UK, December 03, 2012 -- Mr. Edgar Perez, author, The Speed
Traders, was featured on industry community blog HFT Review with an
extensive interview on How The Speed Traders are Adapting to Changing
Markets (http://www.hftreview.com/pg/blog/mike/read/66987/how-the-speed-
traders-are-adapting-to-changing-markets). Mr. Perez will be joining
Golden Networking‘s High Frequency Trading Leaders Forum 2012 London
(http://www.High-Frequency-Trading-Conference.com), "How Knight Capital's
'Knightmare on Wall Street' Could Transform the Regulatory Landscape and
Impact Investors, Speed Traders and Brokers", December 12, conference
that will include insightful keynote speeches and highly regarded panels
that will provide everybody involved in high-frequency trading with
critical inside knowledge.

On the highly debated definition of high-frequency trading, Mr. Perez
claimed that not to be set in stone. "What I can give you is a definition
that is practical at this moment: high-frequency trading is really a
number of techniques to facilitate speed trading. This is of course an
evolving definition. Whatever is HFT today was probably ultra HFT in the
past and will probably be low HFT in the future. What we can say at this
moment about HFT is the big impact speed has on it."

"Speed plays an important role and it is a big component of the
definition of HFT. By that we mean speeds in the millisecond or
microsecond range. In addition to that, in order to minimize the latency
of the trading systems, co-location is an inherent part of the
definition. As speed traders try to reduce any latency, they will want to
trade from computers hosted on the exchanges themselves. As a trader, you
don't want your computers to be placed somewhere far away from the
exchanges. Therefore, you rent space from the exchange; that will be the
second component."

"As third component of the definition, you are talking at people who
trade in and out throughout the day. As a high frequency trader, you are
not interested in holding instruments for any longer that it is required
by the strategy, and almost never overnight, as that would expose to
additional risks. It's been said that high frequency traders are in the
moving business and not in the storage business. That means that they
will buy share and then sell them at a profit almost immediately. It that
is not the case in the transaction itself, it will become profitable
thanks to the rebate that exchanges pay traders either for providing or
taking liquidity."

Finally, "the fourth component I can think of is that we are looking at
trading instruments that are very liquid; if you look at the markets, the
most liquid instrument in recent months was probably Citigroup: it was
liquid, low priced and therefore easy to buy and sell, until they
engineered a reverse merger. Bank of America eventually took that place."

Mr. Perez is widely regarded as the preeminent global expert in the
specialized area of high-frequency trading. He is author of The Speed
Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon
That is Transforming the Investing World
(http://www.thespeedtraders.com), published in English by McGraw-Hill
Inc. (2011), in Mandarin by China Financial Publishing House (2012) and
currently being translated into Bahasa Indonesia. He is course director
of The Speed Traders Workshop 2012
(http://www.thespeedtradersworkshop.com), How High Frequency Traders
Leverage Profitable Strategies to Find Alpha in Equities, Options,
Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev,
New York, Singapore, Beijing, Shanghai, Jakarta, London, Mexico City,
Moscow, Ho Chi Minh, New York, Dubai and Chicago), and was Adjunct
Professor at the Polytechnic Institute of New York University, where he
taught Algorithmic Trading and High-Frequency Finance. He contributes
regularly to The New York Times and China’s International Finance News.

Mr. Perez has been interviewed on CNBC Cash Flow, CNBC Squawk Box, BNN
Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW
Media, Channel NewsAsia Business Tonight and Cents & Sensibilities. In
addition, Mr. Perez has been featured on Sohu, News.Sina.com, Yicai,
eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS
Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures
Daily, Xinhua, CBN Newswire, Chinese Financial News, ifeng.com,
International Finance News, hexun.com, Finance.QQ.com, Finance.Sina.com,
The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF
89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street
Journal, The New York Times, Dallas Morning News, Valor Econômico,
FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the CME Group‘s Global Financial
Leadership Conference 2012, U.S. Securities and Exchange Commission
(Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant
Institute of Mathematical Sciences at New York University, University of
International Business and Economics (Beijing), Hult International
Business School (Shanghai) and Pace University (New York), among other
public and private institutions. In addition, Mr. Perez has spoken at a
number of global conferences, including Harvard Business School’s Venture
Capital & Private Equity Conference (Boston), High-Frequency Trading
Leaders Forum (New York, Chicago), MIT Sloan Investment Management
Conference (Cambridge), Institutional Investor’s Global Growth Markets
Forum (London), Technical Analysis Society (Singapore), TradeTech Asia
(Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention
Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM,
and a strategy consultant at McKinsey & Co. in New York City. Mr. Perez
has an undergraduate degree from Universidad Nacional de Ingeniería,
Lima, Peru (1994), a Master of Administration from Universidad ESAN,
Lima, Peru (1997) and a Master of Business Administration from Columbia
Business School, New York, with a dual major in Finance and Management
(2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez
resides in the New York City area and is an accomplished salsa and hustle
dancer.

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 info@goldennetworking.net.

Contact:
Sangeeta Nandi
Media Relations Coordinator
Golden Networking
London, UK
+1-516-761-4712
info@goldennetworking.org
http://www.goldennetworking.net

								
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