Golden Networking

The Fast and the Furious: London to Hong Kong in 176 Milliseconds

High-Frequency Trading Leaders Forum Hong Kong, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", December 12-14.

 

New York, NY -- (SBWIRE) -- 10/21/2011 -- High-Frequency Trading Leaders Forum is the exclusive forum that no Hong Kong speed trader can afford to miss. High Frequency Trading Leaders Forum Hong Kong, November 21-23, 2012, will provide attendee’s with the most up-to-date overview of developments and insights to build a competitive advantage in high frequency trading.

According to a recent article by the Financial Times’ Philip Stafford, speeds for conducting trades between London and Hong Kong are set to drop dramatically as the fierce competition to trade at high-speed across continents spurs improvements in telecom cables.

BSO Network Solutions, a UK-based trading technology company, said on Friday it had cut latency – the time it takes for trade to be done – in a round trip between the two financial hubs to 176 milliseconds, or thousandths of a second. The record meant it had cut more than 20 milliseconds from its previous best in the last 12 months.

The growth of high-frequency and automated trading and its push into new asset classes has propelled a spurt of investment into trading infrastructure around the world in recent years. Fibre-optic cables, ideal for high-speed trading, are being laid thousands of miles across oceans and land masses.

In April GlobeNet, a submarine cable provider, said it had cut the New York-Sao Paulo route to an average round trip latency of 110 milliseconds, while rival Hibernia Atlantic is laying a new cable across the Atlantic which will chop 6 milliseconds off trading times.

Trading technology providers say the demand comes from investors wanting to exploit differences in asset prices in markets in Europe, Asia and the Americas and the effect has been estimated to be worth up to $100m in profits for some investors.

High Frequency Trading Leaders Forum 2011 Singapore, Hong Kong, Sao Paulo, New York and Chicago, 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:

• Private Equity Happy Hour New York (http://pehappyhour.com), October 18, New York

• China Happy Hour New York (http://www.chinahappyhour.com), October 25, New York

• High Frequency Trading Happy Hour Chicago (http://hfthappyhourchicago.eventbrite.com), October 25, Chicago

• High Frequency Trading Happy Hour Hong Kong (http://hfthappyhourhongkong.eventbrite.com), October 27, Hong Kong

• High Frequency Trading Happy Hour Singapore (http://hfthappyhoursingapore.eventbrite.com), October 27, Singapore

• Venture Capital Happy Hour New York (http://www.vchappyhour.com), November 1, New York City

• High Frequency Trading Happy Hour London (http://hfthappyhourlondon.eventbrite.com), November 3, London

• Hedge Funds Happy Hour New York (http://www.hfhappyhour.com), November 8, New York City

• High Frequency Trading Happy Hour New York (http://www.hfthappyhour.com), November 8, New York City

•The Speed Traders Workshop 2011 Singapore, "The Present and Future of High Frequency Trading" (http://thespeedtradersworkshopsingapore.eventbrite.com), November 13, Singapore

• 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

• The Speed Traders Workshop 2011 Hong Kong, "The Present and Future of High Frequency Trading" (http://thespeedtradersworkshophk.eventbrite.com), December 12, Hong Kong

• 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), December, 12-14, Hong Kong

• The Speed Traders Workshop 2011 Sao Paulo, "The Present and Future of High Frequency Trading" (http://thespeedtradersworkshopsaopaulo.eventbrite.com), February 1, Sao Paulo

• 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), February 1-3, Sao Paulo, Brazil

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

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".