Golden Networking

What Speed Trading Leaders Said All Along, High-frequency Trading Shown to Have Positive Impact

High-Frequency Trading Leaders Forum 2011, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", Hosted by Golden Networking, now in Hong Kong, Chicago, Sao Paulo and Singapore

 

New York, NY -- (SBWIRE) -- 08/22/2011 -- As reported by The Wall Street Journal’s Michele Price, independent research has shown that high-frequency trading has a positive impact on global capital markets by increasing liquidity and reducing price volatility, findings that could allay some of the popular and political concerns over the strategy. That is what speakers at Golden Networking’s High-Frequency Trading Leaders Forum 2011 will expand in Hong Kong, September, 19-21, Chicago, October 3-5, Sao Paulo, October 24-26, and Singapore, November 21-23, at the most influential forum for speed traders.

As reported by The Wall Street Journal, research, published Monday by the Capital Markets Cooperative Research Centre, based in Australia, counters arguments from critics, who say the practice creates volatility and increases systemic risk. "Alex Frino, professor of finance and chief executive of the research group, said high-frequency trading 'may actually play a role in decreasing excessive price volatility.' He added: 'Part of this function is the way (high-frequency trading) algorithms identify trading opportunities—they're built to recognize when prices are abnormally high or low, and their response to this naturally pushes prices back towards equilibrium.' High-frequency trading is a form of super-fast and sophisticated trading that uses quantitative strategies to execute trades in a fraction of a second and, in some cases, to exploit tiny price discrepancies across platforms."

The note continues: "However, the practice has many critics, including a raft of policy makers. Paul Myners, the former City of London minister, has launched an attack on high-frequency trading and other forms of "black box" trading, which he blamed for the surge in share price volatility seen in recent weeks. According to reports, Lord Myners said high-frequency trading appears "detached from the true function of capital markets" and is "potentially fraught with hazard". Regulators globally are also poised to clamp down on the practice. In July, the European Securities and Markets Authority, the new pan-European financial regulator, surprised the market with a fast-track plan to govern high-frequency trading." On the other hand, recognized author Edgar Perez, The Speed Traders, claims that high-frequency trading is rather the natural evolution of technology applied to the investing world, not positive or negative by itself, but rather a technique buy side and sell side players can freely adopt.

High-Frequency Trading Leaders Forum 2011 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Upcoming Golden Networking's Forums and Business Receptions include:

• High-Frequency Trading Happy Hour Chicago (http://hfthappyhourchicago.eventbrite.com), August 23, Chicago

• High-Frequency Trading Happy Hour Hong Kong (http://hfthappyhourhongkong.eventbrite.com), August 25, Hong Kong

• High-Frequency Trading Happy Hour Singapore
(http://hfthappyhoursingapore.eventbrite.com), August 25, Singapore

• China Happy Hour New York (http://www.ChinaHappyHour.com), August 30, New York

• Public Finance Leaders Forum 2011 New York, "Navigating Uncharted Territories After S&P's U.S. Debt Downgrade from its Gilt-Edged AAA Credit Rating" (http://www.PublicFinanceLeadersForum.com), September 9, New York

• High-Frequency Trading Happy Hour New York (http://www.hfthappyhour.com), September 13, New York City

• 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

• China Leaders Forum 2011 New York, "How American Companies Can Plug into the Chinese Rocket-Propelled Economy?" (http://www.ChinaLeadersForum.com), October 7, New York

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

• High-Frequency Trading Leaders Forum 2011 DVD Video Package, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", http://www.HFTLeadersForum.com

• High-Frequency Trading Experts Workshop DVD Video Package, "Practical Implementation of High-Frequency Trading Strategies", http://www.HFTExpertsWorkshop.com

• 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".