Golden Networking

IOSCO Releases Report Warning That High Frequency Trading Could Distort Short-Term Prices

High Frequency Trading Leaders Forum 2011 Singapore, preeminent High Frequency Trading conferences Organized by Golden Networking in New York, Chicago, Hong Kong and London

 

New York, NY -- (SBWIRE) -- 10/28/2011 -- Golden Networking’s High Frequency Trading Leaders Forum 2011 Singapore (http://www.HFTLeadersForum.com), conference that will provide the most up-to-date overview of cutting-edge developments and insights to build a competitive advantage in high-frequency trading to investors and traders, will take place at the SGX Centre.

According to Tom Osborn of The Financial Times, the debate over whether high-frequency trading is damaging to the securities markets has intensified, with an important regulatory body warning that the increasingly-dominant form of trading could impact short-term price-setting on global securities exchanges.

The International Organisation of Securities Commissions, which functions as a forum for global regulators, establishing uniform policy recommendations on securities market issues, today published a long-awaited report on HFT and other high-tech trading practices.

On price discovery, Iosco’s technical committee argued it was crucial that national regulators study the very specific impact HFT was having on individual markets.

It said: “The very short term nature of many HFT strategies, coupled with high speed, high volume trading algorithms, could cause market prices to move away from fundamental values in the short term and impair the price discovery process that takes place on public and transparent markets.”

Iosco's report, entitled Regulatory Issues Raised by the Impact of Technological Changes on Market Integrity and Efficiency, is a response to the G20’s request for greater market oversight of potential issues raised by high frequency trading and other issues related to technological developments.Iosco is a member of the Financial Stability Board, the panel established by the G20 group of advanced economies in 2009.

High Frequency Trading Leaders Forum 2011 Singapore 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), 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

• 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

• Private Equity Happy Hour New York (http://pehappyhour.com), November 15, New York

• 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, 2012, 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, 2012, Sao Paulo, Brazil

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".