Financial Markets in Indonesia Shedding HFT Inhibitions to Create Opportunities

Aug. 4, 2011 - PRLog -- As financial markets in Jakarta shed high-frequency trading inhibitions, opportunities are being created for technology and consulting firms; Golden Networking’s High-Frequency Trading Leaders Forum 2011 is the most effective way to raise their business profile in the financial sphere. High-Frequency Trading Leaders Forum 2011 will reach out to global audiences in Hong Kong, September, 19-21, Chicago, October 3-5, Sao Paulo, October 24-26, and Singapore, November 13-15, and provide the most up-to-date overview of cutting-edge developments and insights to build a competitive advantage in high-frequency trading.
As reported by Reuters, after years of resistance, the lucrative practice of high frequency trading is growing across Asia, driven by market demand, stock exchange consolidation and greater acceptance among regulators. The move by regional exchanges to open up to computer-driven trading has led to increasing numbers of algorithmic and high frequency traders setting up shop across Asian markets, using complex, automated strategies to execute trades within the space of 10 millionths of a second. The rising popularity of algorithmic trading in Asia's emerging markets wouldn't have been possible a few years ago, when regulatory suspicion of automated trading techniques meant exchanges and authorities shied away from giving brokers direct access to the stock market.
Now a market such as Indonesia is seeing a growing legion of algorithmic traders setting up shop. While these markets are not deep or fast enough to support full-blown HFT, the growth of computerized trading is a step on the path toward it. "Three years ago people were really afraid of this stuff, but now we've worked and interacted well with the regulators and no one is calling for a witch hunt," said Quentin Limouzi, head of electronic and algorithmic trading services for Asia at BNP Paribas in Singapore. A popular strategy among his clients is known as GRAB -- tailored for markets like Indonesia that tend to trade in a ping-pong style for much of a session. An algorithm is programmed so the moment a large order finally comes through the computer will place a trade immediately so the investor can exploit the sudden change in price.
High-Frequency Trading Leaders Forum 2011 is produced by Golden Networking, the premier networking community for business executives, entrepreneurs and investors. Upcoming Golden Networking's Forums and Business Receptions include:
•   High-Frequency Trading Happy Hour New York, August 9th, New York City
•   High-Frequency Trading Happy Hour Chicago (http://hfthappyhourchicago.eventbrite.com), August 23rd, Chicago
•   High-Frequency Trading Happy Hour Hong Kong (http://hfthappyhourhongkong.eventbrite.com), August 25th, Hong Kong
•   High-Frequency Trading Happy Hour Singapore (http://hfthappyhoursingapore.eventbrite.com), August 25th, Singapore
•   High-Frequency Trading Leaders Forum 2011 Hong Kong , "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumhongkong.eventbrite.com), September, 19-21, Hong Kong
•   High-Frequency Trading Leaders Forum 2011 Chicago, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumchicago.eventbrite.com), October 3-5, Chicago
•   High-Frequency Trading Leaders Forum 2011 Sao Paulo, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumsaopaulo.eventbrite.com), October 24-26, Sao Paulo, Brazil
•   High-Frequency Trading Leaders Forum 2011 Singapore, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumsingapore.eventbrite.com), November 13-15, Singapore
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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