Upheaval in UK Stock Market Seen as No Improvement at High-Frequency Trading Summit in New York City
GoldenNetworking.net hosting professionals in the High-Frequency Trading, Proprietary Trading, Quantitative Trading, Algorithmic Trading, Hedge Funds and Alternative Investments worlds at High-Frequency Trading Leaders Forum 2010, May 27th at Flatotel Hotel, in New York City.
Reuters reports: "The share of high-frequency traders has grown to as much as 50 percent of trading in some European markets since the EU's markets in financial instruments directive (Mifid) in 2007 paved the way for new, low-cost trading platforms. Such traders, including big market makers such as Getco and Citadel, use computer algorithms to trade rapidly in and out of stocks to capture minute changes in prices."
"Most market experts say these new entrants have helped Europe's markets by increasing trade volume and liquidity," indicates Reuters. "The increased liquidity from high-frequency trading, however, is not being used to increase investment but instead to connect the multiple trading venues that have arisen after Mifid. For example, if an investor now wants to sell a block of stock, the high-frequency market-maker will buy and then quickly sell it in another venue to another high-frequency trader, until the trade eventually finds its way to a final longer-term buyer. More trades are needed for the same outcome, because they are serving to connect different pools of liquidity. Investors also need to realize that even though there appears to be more liquidity in the post-Mifid market, they are just as vulnerable to volatile price swings and should continue to be cautious in their trading strategies."
High-Frequency Trading Leaders Forum 2010, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond" will provide attendees with the most up-to-date and enlightening overview of the present and future of High-Frequency Trading, discussing topics like strategies, access methods to venues, regulatory overview, technology key success factors, latency, co-location, proximity, fragmented market data, compliance and risk management. High-Frequency Trading Leaders Forum 2010 is produced by GoldenNetworking.net (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Leaders Forums and Business Networking receptions include:
· High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), May 3rd, New York City
· Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), June 17th, New York City
Panelists, speakers and sponsors are invited to contact GoldenNetworking.net by sending an email to firstname.lastname@example.org. GoldenNetworking.net has been frequently featured in the press, including recent articles in The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).