Malaysian Financial Institutions Could be More Social Media and High-Frequency Trading Friendly

April 9, 2012 - PRLog -- As published in Bernama.com, Malaysian financial institutions could device strategies to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media among Malaysians, said David Levi, Partner Financial Services APAC, Accenture's Management Consulting.

He said banks in Malaysia should be innovative in respect of the social networking sites, from the current "tweets" sent by them on products and services, which he added, is more one-sided communication.

"Banks must look at ways to sell their products through the Internet, especially the social media, rather than merely inform and persuade consumers to make physical visits to branches. This includes the strategy on having constructive two-way communication which can result in business transactions. It should be introduced to the social media and Internet at large."

"If the strategy is right and proven to be successful, banks can later extend the approach to enable consumers to open an account or partake of a service through the social media, without the need to come in-person," he told Bernama in a interview. Similar approach could be followed by these financial institutions when dealing with high-frequency trading, as it will be explained by Mr. Edgar Perez at The Speed Traders Workshop 2012 Kuala Lumpur, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX(http://thespeedtradersworkshopkualalumpur.eventbrite.com), April 12.

Mr. Perez is widely regarded as the preeminent speaker and networker in the specialized area of high-frequency trading. He is, 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 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 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.

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).