Singapore Next Destination for High-Frequency Trading Experts Workshop 2011

Dec. 2, 2010 - PRLog -- (December 1, 2010, New York) Following on its success in Hong Kong , High-Frequency Trading Experts Workshop 2011 (http://www.HFTExpertsWorkshop.com), "Practical Implementation of High-Frequency Trading Strategies", instructional and insightful 2-day workshops organized by Golden Networking in New York, U.S., March 3 & 4, Sydney, Australia, March 14 & 15, Singapore, Singapore, March 16 & 17 and Mumbai, India, April 7 & 8, will provide the most practical view of cutting-edge developments in the high-frequency and algorithmic trading worlds, strategies and techniques that are making the difference between winning and losing in the financial markets.

Bloomberg reported earlier this year that the Singapore Exchange Ltd., operator of the city’s derivatives and securities exchange, would introduce the world’s fastest trading system by the first quarter of next year, its chief executive had said. “This will put us from the middle of the pack to the leader of the pack,” Magnus Bocker, chief executive officer of SGX, said at a media and analyst briefing today. “We hope to attract more high-frequency traders.”

The bourse will invest S$250 million ($179 million) in the new system, which can execute transactions in 90 microseconds, the fastest in the world, according to a company statement. The current system takes between 3 and 5 milliseconds to execute trades, Bocker said at a media and analyst briefing today. Nasdaq OMX Group Inc., Bocker’s former employer, is supplying the new trading platform. A microsecond is one millionth of a second. A millisecond is one thousandth.

Exchanges worldwide have been building networks in response to competition from alternative trading systems such as dark pools and other off-exchange platforms. The growth of dark pools, which offer anonymous trading and don’t display public quotes, in Asia has lagged behind that of the U.S. and Europe as Asian regulators have been slow to accept such systems, John Feng, New York-based managing director of research company Greenwich Associates, said on March 9.

High-frequency trading already accounted for about 30 percent of business on Singapore’s exchange, Bocker said. The current fastest system is run by Nasdaq and takes 177 microseconds to execute trades, according to Bob Caisley, head of technology at Singapore Exchange.

High-Frequency Trading Experts Workshop 2011 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 Golden Networking's Forums and Business Receptions include:

•   Public Finance Leaders Forum 2010, "How Private Funds Can Invest in Government-Owned Property and Public Projects" (http://www.PublicFinanceLeadersForum.com), December 2nd, New York City
•   High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com),  December 7th, New York City
•   2nd Private Equity Leaders Forum, "Setting the Stage for Radical Transformation in 2011 and Beyond" (http://www.PrivateEquityLeadersForum.com), December 9th, 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 Experts Workshop 2011 Sydney, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com), March 14 & 15, Sydney
•   High-Frequency Trading Experts Workshop 2011 Singapore, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com), March 16 & 17, Singapore
•   High-Frequency Trading Experts Workshop 2011 Mumbai, "Practical Implementation of High-Frequency Trading Strategies" (http://www.HFTExpertsWorkshop.com), April 7 & 8, Mumbai

Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:

•   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", http://www.ChinaLeadersForum.com
•   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", Los Angeles Times, "Speed-addicted traders dominate today's stock market", Reuters, "Revamp looms as trading experts huddle at SEC" and Columbia Business School's Hermes Alumni Magazine, "10 Under 10".

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