As CIMB Acquires Royal Bank of Scotland’ Southeast Businesses, HFT Seminar Reaches

April 4, 2012 - PRLog -- As reported by The Star, after a month of headlines that came fast and furious, staff murmurs, and news in dribs and drabs, CIMB Group Holdings Bhd’s by now hotly-anticipated acquisition of Royal Bank of Scotland’s (RBS) came to a head on Monday, when its group chief executive Datuk Seri Nazir Razak officially divulged the deal to journalists and analysts in Kuala Lumpur.

CIMB, Malaysia’s second largest lender by assets, announced that it would be purchasing RBS’ cash equities businesses in Australia, China, Hong Kong, Indonesia, and Taiwan, which include the cash equities sales desks in the United Kingdom and the United States. Also in the deal was RBS’ equity capital markets as well as merger and acquisition units in Australia, China, Hong Kong, Indonesia, India, Malaysia, Singapore, Thailand, and Taiwan.
“This acquisition takes CIMB to the next level,” Nazir said of the new assets, which analysts said would give an overnight boost to CIMB’s footprint in Asia. “We will have seats in nine exchanges and partnerships in three others. Our research will cover 1,093 Asia-Pacific-based companies and we will see a big interest in global institutional investors relationships,” he said.

“Leapfrog” was the word used by Alliance Research analyst Cheah King Yoong to describe the acquisition. That is the same word that can be said of The Speed Traders Workshop 2012 Kuala Lumpur: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX, April 12th, coming for the first time even in Malaysia.

Mr. Perez had been quoted by CNBC.com on the note "Can 'Trading on Tweets' Really Make Money?". CNBC’s Antonya Allen pointed out that social media websites like Twitter and Facebook have become increasingly important to high frequency traders looking to anticipate market moves before they happen; however, she asked, could they eventually become as significant as traditional business news providers in the world of high speed trading?

Edgar Perez, author of The Speed Traders: An Insider's Look at the New High-Frequency Trading Phenomenon That Is Transforming the Investing World, said he has not come across a trader who had made money from information supplied on social networking sites. In his book, Perez follows six high speed traders and examines how ultra fast trading could develop in the future.

Mr. Perez is widely regarded as the preeminent speaker and networker in the specialized area of high-frequency trading. He is author of The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published by McGraw-Hill Inc. (2011) and currently being translated into Chinese and Portuguese, course director of The Speed Traders Workshop 2012, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, and Kuala Lumpur), and founder of Golden Networking.
Mr. Perez has been featured on CNBC Cash Flow (with Oriel Morrison), CNBC Squawk Box (with Geoff Cutmore), BNN Business Day (with Kim Parlee), TheStreet.com (with Gregg Greenberg), Channel NewsAsia Business Tonight and Cents & Sensibilities (with Lin Xue Ling), NHK World, iMoney Hong Kong, Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the U.S. Securities and Exchange Commission, CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University and Pace University, among other institutions. In addition, Mr. Perez has spoken at Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, Hong Kong, Sao Paulo, London, Singapore), MIT Sloan Investment Management Conference (Cambridge), High-Frequency Trading Happy Hour (New York), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul), 2nd Private Equity Convention Russia, CIS & Eurasia (London), among other global forums.

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a consultant at McKinsey & Co. in New York City.  Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area and is an accomplished salsa and hustle dancer.

Mr. Perez is one of the great business networkers and motivators on the lecture circuit; he is available worldwide for the following speaking engagements: Present and Future of High-Frequency Trading, The Real Story behind the "Flash Crash", Networking for Financial Executives, and Business Networking for Success.

The Speed Traders Workshop 2012 Kuala Lumpur will reveal how high-frequency trading players are succeeding in the global markets and driving the development of algorithmic trading at breakneck speeds from the U.S. and Europe to India, Singapore and Brazil. The Speed Traders Workshop 2012 Kuala Lumpur kicks off a series of presentations in the world’s most important financial centers: Warsaw, Poland, May 11; Kiev, Ukraine, May 18; Singapore, May 26; Beijing, China, May 30; Shanghai, China, June 6; Jakarta, Indonesia, June 13; Mexico City, Mexico, July 27; Hong Kong, August 4, and Moscow, Russia, August 10.

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The Speed Traders (http://www.thespeedtraders.com), Mr. Edgar Perez, founder of the prestigious business networking community Golden Networking (http://www.goldennetworking.net), opens the door to the secretive world of high-frequency trading (HFT).