TradeTech FX 2016 (past event)
13 - 15 September, 2016
44 (0) 207 036 1366
Thriving In The Future FX Landscape – 15th September 2016
Registration and Breakfast
08:00 - 08:45 Registration and BreakfastWomen In Trading Breakfast
08:00 - 08:45 Women In Trading Breakfast/Creative Boardroom: How Can The FX Industry Better Attract, Develop And Retain Top Female Talent?A more rigorous, creative and interactive approach to tackling the critical challenges you all face today. Collaborate with 11 of your peers, share your recent experiences, challenge each other on points of disagreement and ultimately find a way forward that leverages the innovation, know-how and insights from the collective brain power in the boardroom.
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How is the FX industry addressing the aspirations of women to develop in leadership roles?
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How are firms showcasing female talent contributing in the financial sector?
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Sharing common challenges with your female peers and finding solutions to address them
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What does it means to be a woman in the FX industry in 2016?
Lisa Scott-Smith
Managing Director, Digital Business (MGI) and CEO (SD)Millennium Global Investments, Sonar Digital
08:45 - 08:50 Chairperson’s Opening Remarks
08:50 - 09:35 All Star Panel: A View From The Full FX Value Chain - How Is The FX Market Likely To Evolve In 2017 And What Do These Market Structure And Macro Changes Mean For Buy Side Trading And Portfolio Management Functions?
Massimiliano Castelli Head of Strategy, Global Sovereign Market UBS Asset Management
Steven Englander Managing Director - Global Head of G10 FX Strategy CitiFX
Stephen Grady Global Head of Trading Legal & General Investment Management
Ian Domowitz Managing Director, CEO of ITG Solutions Network, Head of ITG’s Analytics ITG
Iskandar Vanblarcum Head of EMEA Sales in Transactions Thomson Reuters
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How are regulatory reforms, market structure and technological innovation likely to evolve in the next 12 months? What has been and will be the impact of the Brexit decision on FX trading and the status of London as the global FX trading hub?
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What types of new developments should we expect to see on the sell side as they are reinventing their business model?
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How much more fragmentation and consolidation amongst trading venues can we expect in 2017?
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How will technology advancements change the way in which buy side heads of FX trading and portfolio management interact?
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What advice do leading players from the full FX value chain have for the buy side to survive and thrive in this evolving FX backdrop?
09:35 - 10:20 Case Study Revolution: Thriving In 2017- What Are The People, Process And Technology Requirements For Building A Profitable FX Division That Responds To The New FX Market Order?
In this innovative and interactive format, listen to a best-practice case study before the speaker challenges you as an audience to find a solution to one of their key unsolved challenges. You’ll then engage in a small interactive roundtable discussion before each group presents its conclusions to the audience. Take away different approaches to the same challenges from your fellow industry peers!
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How you can equip your traders and portfolio managers with the new skills that will be required by them?
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How to streamline your trading processes to guarantee your trading activity is an accurate extension of the investment strategy
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How can you foster a closer partnership between portfolio management and execution to increase your FX division’s profitability?
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How to take advantage of the trader's insight of market movements in the investment process
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How can you leverage new technology to give your front office a competitive advantage?
10:20 - 10:50 Inspirational Guest Speaker: The Mind Can Help Or Hinder Success - How Can You Train It To Make The Best Trading And Investment Choices?
Benjamin is an Economist within the BlackRock Investment Institute, a global platform that leverages BlackRock's global expertise to generate insights that augment the firm's ability to create a better financial future for their clients. Within this group, Dr. Kelly provides expertise to BlackRock's portfolio managers and the firm's clients in the field of behavioural finance, specifically how cognitive biases can impact investment decision making and solutions to ameliorate them from the investment decision process.
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How can behavioural finance hold out the prospect of a better understanding of financial market behaviour and scope for investors to make better investment decisions?
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How are leading financial firms implementing the tenets of behavioural finance to improve their performance?
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How an understanding of the nature of our all too human flaws can help us invest better
10:50 - 11:20 Morning Networking Break
Stream A - Trading Desks: Re-evaluating Your Trading Set Up
11:20 - 11:50 Oxford Style Debate: Execution Model Pros And Cons - Is A Pure Shift Towards The Agency Model A Wise One, Or Should Principal And Hybrid Models Still Have A Key Role To Play?-
Audience vote at the start of the debate for the agency, principal or hybrid model
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Is the argument for a pure agency model a wise move and if so why?
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Does the principal model have a crucial role to play and if so why?
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Is the hybrid model the best way forward and if so why?
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Principal, hybrid or agency model: is there space for all three models in the market?
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Audience vote at the end of the debate to see if the panelist have been able to influence the vote in favor of their argument
Stream B - Portfolio Management: Adopting New Investment Trends
11:20 - 11:50 Interview: US Dollar Drill Down – Is The US Dollar Still A Safe Haven In The Current Market?-
The US Dollar safe haven theory- analysing global capital flows to challenge this theory
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Is there real evidence of increased appetite for US assets in times of risk aversion?
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An examination of cross-country international investment positions
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What are the key fundamentals and drivers of the US dollar in 2016?
Stream C – Workshop: TCA Deep Dive – Buy Side Only Workshop
11:20 - 11:50 Workshop: Best Execution: Creating Standards For Measurement Criteria Using TCAA more rigorous, creative and interactive approach to tackling the critical challenges you all face today. Collaborate with 20 of your peers, share your recent experiences, challenge each other on points of disagreement and ultimately find a way forward that leverages the innovation, know-how and insights from the collective brain power in the boardroom.
This session is designed to be practical, with an objective of producing definitive output that can be used to help progress the need for market standardisation in TCA and Best Execution.
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Defining what ‘Best Execution’ actually is – understanding the process
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Agree decision points in the trade lifecycle that require recording and measurement
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Standardising and defining what measurements to take
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Agreeing next steps to progress debate around market standardisation
Stream A - Trading Desks: Re-evaluating Your Trading Set Up
11:50 - 12:10 Fireside Chat: When Does It Make Sense To Rely On A Prime Brokerage Service To Meet Your FX Execution Needs?-
How to gain access to the added benefits and value of a prime brokerage service
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Are banks joined up when it comes to FX prime brokerage execution services?
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How does the use of prime brokerage in FX compare to other asset classes?
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Is best execution the main reason to implement a prime broker relationship, or are there other added benefits?
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How will the FX prime brokerage landscape develop over the next five years and what will the suite of services look like?
Other panelists TBC.
Stream B - Portfolio Management: Adopting New Investment Trends
11:50 - 12:10 Fireside Chat: Capturing Alpha in Emerging Markets - As Traditional Strategies Falter, What Are The Alternative Methods For Generating Alpha?Emidio oversees research, portfolio management and trading for AHL’s $3bn Foreign Exchange portfolio. He joined AHL in 2008 and has held several positions, including serving as the deputy head of the FX and commodity teams. He had previously contributed significantly in developing cross-asset systematic fundamental models. More recently he has overseen the research and development of fast trading strategies in FX space.
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Where will the major EM opportunities lie in 2016, and which strategies will prove successful in generating alpha?
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Analyzing the key macro trends in emerging market currencies to identify the most profitable currency pairs
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Is now the time to invest in EM currencies while the cycle is low so you can make higher returns in the future?
Stream C – Workshop: TCA Deep Dive – Buy Side Only Workshop
11:50 - 12:10 Session ContinuedStream A - Trading Desks: Re-evaluating Your Trading Set Up
12:10 - 12:30 One on One Interview: HFTs And Non Bank Market Makers: How Are They Carving Out A Significant Role In Liquidity Provision To The FX Market?-
Why have non-bank market makers, or high frequency traders, been the subject of negative publicity? Is it now generally accepted that alternative market makers have a positive contribution to make to FX market liquidity?
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How the willingness of banks to take prices from non-banks and redistribute them to their own clients on an agency basis has created an attractive business model for alternative market makers – how they are seizing this opportunity
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When are you better served by alternative market makers as opposed to banks? How can or should the buy side interact with non-bank market makers?
Interviewee: John Shay
Interviewer: Javier Paz
Stream B - Portfolio Management: Adopting New Investment Trends
12:10 - 12:30 Session ContinuedStream C – Workshop: TCA Deep Dive – Buy Side Only Workshop
12:10 - 12:30 Session ContinuedStream A - Trading Desks: Re-evaluating Your Trading Set Up
12:30 - 12:35 Session ContinuedStream B - Portfolio Management: Adopting New Investment Trends
12:30 - 12:35 END OF STREAM BStream C – Workshop: TCA Deep Dive – Buy Side Only Workshop
12:30 - 12:35 Session ContinuedStream A - Trading Desks: Re-evaluating Your Trading Set Up
12:35 - 13:00 In Conversation: What Are The Critical Success Factors For Making A Truly Streamlined Multi Asset Trading Desk A Reality?-
What are the people, processes and technology requirements needed to formulate a successful multi asset trading desk?
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What percentage of the buy side world have or are close to achieving this goal?
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Which products and market conditions can facilitate multi asset trading?
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What services can facilitate reliable multi-asset trading and what are the implementation requirements?
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What needs to be put in place to bring FX markets to the electronic levels of equities?
Stream C – Workshop: TCA Deep Dive – Buy Side Only Workshop
12:35 - 13:00 Session Continued13:00 - 14:00 Networking Lunch
14:00 - 14:30 Panel Discussion: Gaining The Critical Information Edge: How Can You Take Advantage Of Data Analytics To Make More Informed Investment And Trading Decisions?
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With the increasing need to aggregate and analyse all data points how can you exploit big data and data analytics to make more informed trading decisions?
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What are the current limitations of market data and how can you overcome them using data analytics to solidify your trading strategy?
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What are the best data sources to use when predicting market sentiment?
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How can traders and portfolio managers use data analytics to gain a competitive advantage?
14:30 - 15:00 Guest Speaker: FinTech Innovation Disrupting The FX Ecosystem - How Can You Exploit Blockchain To Lower Your Costs Of Transacting, Clearing And Settling?
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Which blockchain innovations do market participants need to embrace now to take advantage of their future potential?
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How long before we see actual application of blockchain to lower the cost to transact, clear and settle?
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What can the FX industry learn from the application of blockchain technology in other industries?
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How will blockchain technology impact your business - will it dominate traditional FX trading?
15:00 - 15:30 Dragons’ Den: Examining The Greatest And Latest Innovations In FX Trading Technology: Which Offer True Added Value And Should Be Considered In Your Future Investment Plans?
Dragons’ Den participants: Edan Yado, Epiphyte, Gene Vayngrib, Tradle & Guillaume Vidal, Walnut Algorithms.
This exciting Dragons’ den style innovation session demos pre-selected technology start-ups who will pitch their innovative tech to a panel of experts and you in the audience. The panel of experts will critique and assess their benefits to your business and their likelihood of future success. You will then have the opportunity to vote for the technology start-up you think is the most innovative and adds real value to your business. Will you find the next big thing?
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TCA innovation: what new advances are being made in pre and post trade analysis and which providers are leading the way with genuinely useful offerings?
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The latest in algo innovation: how are providers helping the buy side manage the settlement complexities involvement with algorithmic trades?
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OMS and EMS: what have been the latest developments to help you better manage your front office connectivity?
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Exploiting the world of data analytics: how can providers help you gain control of the abundance of available data and derive actionable intelligence from it?
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How close are FX providers to offering a ‘one-stop shop’ solution to making a streamlined trading process a reality?
15:30 - 16:00 Crystal Ball Session: FX Markets In 2026 - What Does The Future Hold For All FX Players In The Next Decade And Beyond?
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Which types of technological innovation do we expect to transform the FX market in the next 10 years?
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What macro trends are likely to impact the future of the FX market? Post Brexit, how will this have changed the FX markets in 2026?
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What kind of black swan events could alter the projected trends?
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What does the role of the FX trader look like in 2030: are they part robot, part human?
