New York, NY, June 05, 2010 --(PR.com
)-- John Netto, Founder and Chief Executive Officer of M3 Capital, and Keynote Speaker at upcoming GoldenNetworking.net's High-Frequency Trading Happy Hour (http://www.HFTHappyHour.com), on "How to Efficiently and Effectively Attract Capital to High-Frequency Trading Strategies", was quoted by Reuters' Jonathan Spicer on his article "Revamp looms as trading experts huddle at SEC". Mr. Spicer attended High-Frequency Trading Leaders Forum 2010 last week, and was able to interact with a who's who in the High-Frequency Trading world.
"The Securities and Exchange Commission hosts the roundtable as hopes wane that anyone will pinpoint a single cause of the May 6 crash, in which the Dow Jones industrial average plunged some 700 points in minutes before sharply rebounding. A person familiar with the ongoing investigation said it is focused on connections between the futures and cash equities markets, and whether futures trading precipitated the plunge. Even more changes could come, as the plunge gave credence to some long-shot ideas mulled by regulators over the last year, such as saddling high-frequency traders with commitments to trade. The crash 'happened in a very extreme way at a velocity that we had yet to see, and it ... really exposed some of the microstructure issues that we have,' John Netto, founder and CEO of brokerage M3 Capital, said at the High-Frequency Trading Leaders Forum here last week."
Hundreds of executives, professionals and investors in the High-Frequency Trading, Hedge Funds, Fund of Funds, Proprietary Trading, Quantitative and Algorithmic Trading worlds will meet at swanky Johnny Utah's, June 8th, starting at 6PM, for an evening of upscale business networking over drinks and complimentary appetizers.
High-Frequency Trading Happy Hour 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 include the Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), June 17th in New York City.
Panelists, speakers and sponsors are invited to contact GoldenNetworking.net by sending an email to email@example.com. Golden Networking 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), Los Angeles Times, "Speed-addicted traders dominate today's stock market" (http://articles.latimes.com/2010/may/16/business/la-fi-new-exchanges-20100516) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).