High-Frequency Trading Leaders Forum 2010 to Review Issues Prior to U.S. Commodity Futures Trading Commission Panel
Golden Networking's High-Frequency Trading Leaders Forum 2010, May 27th, Flatotel Hotel, New York City, to Review Current Issues this Thursday, Prior to U.S. Commodity Futures Trading Commission Panel Scheduled for July 14.
New York, NY, May 26, 2010 --(PR.com)-- Reuters' Christopher Doering's reported that "CFTC Commissioner Scott O'Malia said on Wednesday the committee would hold its first hearing on July 14 to discuss high-frequency trading; the committee will include representatives from academia, exchanges, clearinghouses, trade repositories, and other groups." Panelists at GoldenNetworking.net's High-Frequency Trading Leaders Forum 2010, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond," will discuss current issues and challenges this Thursday May 27th, at Flatotel Hotel, in New York City.
The article continued: "The U.S. Commodity Futures Trading Commission will reestablish a technology advisory committee that will hold hearings to help the agency catch up with the fast-moving financial industry. The hearings would look into issues such as co-location, swap execution facilities and high frequency trading. Co-location allows traders to place their computer systems next to exchange servers, giving them the ability to execute strategies at lightning-fast speed through computer algorithms. The committee will 'discuss how technology is being developed across the industry, how the CFTC should oversee such technology, and what the future holds for technological advancements in our markets so the CFTC can stop playing catch-up, as it has for so long,' O'Malia said in a statement. The move to reestablish the panel comes as the Securities and Exchange Commission and the CFTC investigate what was responsible for the stock market 'flash crash' on May 6 that drove the Dow Jones industrial average down some 700 points within minutes."
High-Frequency Trading Leaders Forum 2010 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Leaders Forums and Business Networking receptions include:
- High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), June 8th, New York City
- Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), June 17th, New York City
Panelists, speakers and sponsors are invited to contact GoldenNetworking.net by sending an email to eperez@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html), Los Angeles Times, "Speed-addicted traders dominate today's stock market" (http://articles.latimes.com/2010/may/16/business/la-fi-new-exchanges-20100516) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).
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The article continued: "The U.S. Commodity Futures Trading Commission will reestablish a technology advisory committee that will hold hearings to help the agency catch up with the fast-moving financial industry. The hearings would look into issues such as co-location, swap execution facilities and high frequency trading. Co-location allows traders to place their computer systems next to exchange servers, giving them the ability to execute strategies at lightning-fast speed through computer algorithms. The committee will 'discuss how technology is being developed across the industry, how the CFTC should oversee such technology, and what the future holds for technological advancements in our markets so the CFTC can stop playing catch-up, as it has for so long,' O'Malia said in a statement. The move to reestablish the panel comes as the Securities and Exchange Commission and the CFTC investigate what was responsible for the stock market 'flash crash' on May 6 that drove the Dow Jones industrial average down some 700 points within minutes."
High-Frequency Trading Leaders Forum 2010 is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant and Columbia Business School MBA Edgar Perez. Upcoming Leaders Forums and Business Networking receptions include:
- High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), June 8th, New York City
- Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), June 17th, New York City
Panelists, speakers and sponsors are invited to contact GoldenNetworking.net by sending an email to eperez@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html), Los Angeles Times, "Speed-addicted traders dominate today's stock market" (http://articles.latimes.com/2010/may/16/business/la-fi-new-exchanges-20100516) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).
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http://www.GoldenNetworking.net
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