Golden Networking

High Frequency Trading Picking up Speed in Brazil

High Frequency Trading Leaders Forum 2011 Sao Paulo, 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 Sao Paulo (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.

High frequency trading is building momentum in Brazil with the recent launch of a high frequency trading platform for derivatives called Puma at Brazilian exchange BM&F Bovespa . According to a report from Bloomberg’s Eleni Himaras and Lynn Thomasson, BM&F Bovespa CEO Edemir Pinto, daily volume peaked at about 700,000 contracts since the new system began, compared with a previous high of 110,000, he said. The platform reduced the time it took to process a trade from more than 10 milliseconds to less than one, according to Maziero.

Pinto estimates that high-frequency trading may eventually make up 20 percent to 30 percent of Brazil’s market volume from the current 8 percent. Puma, which was designed with CME Group Inc., will begin for equities by the end of March and for fixed- income products by the middle of next year, he said.

High Frequency Trading Leaders Forum 2011 Sao Paulo 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".