Golden Networking

High Frequency Traders Looking Towards Currency Derivatives

 

New York, NY -- (SBWIRE) -- 10/21/2011 -- High-Frequency Trading Leaders Forum is the exclusive forum that no Singapore speed trader can afford to miss. High Frequency Trading Leaders Forum Singapore, 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.


The innovative field of high frequency trading is constantly moving in new directions. In recent developments, high frequency traders are delving into currency derivatives for the first time.

According to a recent report from The Wall Street Journal’s Neil Shah, banks like Credit Suisse Group AG and Royal Bank of Scotland Group PLC, as well as a growing number of hedge funds, are handing over management of their currency options risks to computers. In doing so, they're automating a process that traders say takes up anywhere from 25% to 50% of their time.

High-frequency trading already accounts for up to 30% of activity in the global foreign exchange market, mostly in heavily traded currencies like the euro and dollar, according to Aite Group, a consulting firm. Its use is widespread in equities and commodities trading as well. Now, banks and hedge funds are making a push into more niche areas, including exchange-rate derivatives and more thinly emerging market currencies.

"You can automate something where you used to have to be glued to a screen," said Paul Buckley, head of Credit Suisse's Advanced Execution Services foreign-exchange products globally. Credit Suisse charges clients based on usage of their system, called AES FX. The bank's own traders also use the system to manage options risks.

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".