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Follow on Google News | ![]() 'If You Haven't Read The Speed Traders, I Recommend It Highly'The Speed Traders that is Transforming the Investing World, Published by McGraw-Hill Inc., Highlighted by CFTC Commissioner Bart Chilton at High-Frequency Trading Leaders Forum 2011 Chicago
Commissioner Chilton disclosed calling on his colleagues to require cheetahs to be registered. “All speed traders, HFTs, whatever we want to call them, should be registered next year,” he said. In explaining why he thinks registration is urgently needed, Commissioner Chilton said: “The third largest trader by volume on the Chicago Mercantile Exchange (CME) is a cheetah based in Prague. That is fine, but shouldn't we know who runs these cheetah firms? Don't we want to know where they are located? After all, we have seen many examples of potential financial terrorism. We've seen hackers get into mainframes from NYSE to Citi to the U.S. Senate. Registration would add a bare minimum of information on cheetahs for regulators. Registration and related due diligence of cheetahs is a step that makes common sense.” The Speed Traders, published by McGraw-Hill Inc., available online at amazon.com, Barnes & Noble, BORDERS, and INDIEBOUND, among multiple bookstores, is the most comprehensive, revealing work available on the most important development in trading in generations. High-frequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access. The Speed Tradersexplains everything there is to know about how today's high-frequency traders make millions—one cent at a time. In this new title, The Speed Traders, Perez opens the door to the secretive world of high-frequency trading. Inside, prominent figures drop their guard and speak with unprecedented candidness about their trade. The Speed Traders Workshop 2012,“How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX” (http://www.thespeedtradersworkshop.com), will be held in Mexico City, Hong Kong, Shanghai, Kuala Lumpur, Moscow and Jakarta.The Speed Traders Workshop 2012 will be extremely helpful for all delegates who are working in finance and investments, from financial institutions, investment banks, hedge funds, pension funds, broker dealers, consultancy groups, prime brokers, solution providers and exchanges, who wish to gain a thorough understanding and practical knowledge of high-frequency trading. Perez is widely regarded as the pre-eminent networker in the specialized area of high-frequency trading. He has been featured on CNBC Cash Flow with Oriel Morrison (http://video.cnbc.com/ Perez was a vice president at Citigroup, a senior consultant at IBM, and a consultant at McKinsey & Co. in New York City. 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, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Perez resides in the New York City area and is an accomplished salsa and hustle dancer. Perez is one of the great business networkers and motivators on the lecture circuit; he is available worldwide for the following speaking engagements: End
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