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Follow on Google News |  The Algorithmic Trading Challenge at High-Frequency Trading Experts Workshop 2011Attendees to Golden Networking's High-Frequency Trading Experts Workshop 2011, New York, March 3 & 4, Sydney, March 14 & 15, Singapore, March 16 & 17 and Mumbai, April 7 & 8, Who Register by February 7 to Receive an Apple iPad®
High-frequency trading has taken the market by storm over the past couple of years, and now 70 percent of all US equity trading is done by machines. Albeit at times seeming a secure and fast way of making money, algorithmic trading has a number of doubters among the professional mass. Norm Cimon a prominent writer on the subject, interviewed by Felix Salmon for Reuters, had to say the following about algorithmic trading: “The marketplace is, in mathematical parlance, a non-linear iterated discrete dynamical system. Given the introduction of all that computing power, however, it’s one that can now crash and burn (really a transition to a different portion of the state space) in an instant. There’s a real lack of understanding about such systems. They are not predictable because they require perfect knowledge of the state at any given time and that is, of course, not possible. Trajectories for systems like this can transition instantaneously, not because there’s something wrong with them but because they’ve been wired up to operate that way. There’s been very little discussion which isn’t all that surprising. I don’t think there’s much contact between those trained in dynamical systems theory and Wall Street. That’s too bad. The quants would have been wise to spend a little less time on probability and statistics, and a little more on nonlinear dynamics. On second thought, it wouldn’t have done them much good, since it’s really a qualitative as opposed to a quantitative science. It will give you a great idea of what might potentially happen under various system forcings, and no predictive power to say when.” High-Frequency Trading Experts Workshop 2011 is produced by Golden Networking (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 Golden Networking's Forums and Business Receptions include: • High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), February 8th, New York City • High-Frequency Trading Experts Workshop 2011 New York, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com), March 3 & 4, New York • High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com) • High-Frequency Trading Experts Workshop 2011 Sydney, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com) • High-Frequency Trading Experts Workshop 2011 Singapore, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com) • Advanced Market Timing Experts Workshop 2011 Singapore, "Master Market Timing with the Leading Technical Analyst" (http://www.AdvancedMarketTiming.com) • Advanced Market Timing Experts Workshop 2011 Hong Kong, "Master Market Timing with the Leading Technical Analyst" (http://www.AdvancedMarketTiming.com) • Offshore Yuan Trading Experts Workshop 2011 Hong Kong, "The Emergence of the Yuan in the Global Foreign-Exchange Markets" (http://www.OffshoreYuanTrading.com) • Modern Derivatives Trading Experts Workshop 2011 Hong Kong, "Trading and Hedging with Interest Rate and Currency Derivatives" • High-Frequency Trading Experts Workshop 2011 Mumbai, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com) • High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com) • High-Frequency Trading Leaders Forum 2011 New York, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://www.HFTLeadersForum.com) • High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com) Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including: • High-Frequency Trading Experts Workshop 2010 DVD Video Package, "Practical Implementation of High-Frequency Trading Strategies", http://www.HFTExpertsWorkshop.com • 2nd China Leaders Forum DVD Video Package, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?", http://www.ChinaLeadersForum.com • Distressed Investing Experts Forum 2010 DVD Video Package, "Analyzing and Valuing Distressed Companies, Securities and Real Estate", http://www.DistressedInvestingExpertsForum.com • Derivatives Leaders Forum 2010 DVD Video Package, "Strategies for Increasing Profits under an Evolving Regulatory Framework", http://www.DerivativesLeadersForum.com • High-Frequency Trading Leaders Forum 2010 DVD Video Package, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond", http://www.HFTLeadersForum.com • Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", http://www.HedgeFundsLeadersForum.com • High-Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High-Frequency Trading Operation", http://www.HFTExpertsForum.com • Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", http://www.DistressedInvestingLeadersForum.com • China Leaders Forum 2009 DVD Video Package, "Addressing the Challenges Posed by the Present Wave of Chinese Globalization" • Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", http://www.DistressedInvestingLeadersForum.com Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High-Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections" # # # GoldenNetworking.net is the premier networking community for businessmen, entrepreneurs, professionals and diplomats, to experience what’s hot, new and next End
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