Exploiting Market Microstructure at Golden Networking's High-Frequency Trading Experts Workshop 2010 with Lakeview Arbitrage's Peter Van Kleef

New York, NY, September 01, 2010 --(PR.com)-- Session "Exploiting Market Microstructure With High-Frequency Trading" will be part of the second day at High-Frequency Trading Experts Workshop 2010 (http://www.HFTExpertsWorkshop.com), "Practical Implementation of High-Frequency Trading Strategies," instructional and insightful 2-day workshop organized by Golden Networking in London, October 4 & 5 2010, New York, October 7 & 8 2010, Dubai, October 25 & 26 2010, and Hong Kong, October 28 & 29 2010.

Course director Peter Van Kleef, Chief Executive Officer of Lakeview Arbitrage, will review critical areas to understand High-Frequency Trading in detail, including The order book and the information it holds, Human brain/nature vs. creative algorithm, Hiding your tracks vs. showing your hands in algorithmic trading, Using perception and deception and Behavioral finance impact.

As explained by the Capital Market and Market Microstructure Research Forum, intraday data, once highly guarded by exchanges, has become more readily available to the public over the years. Apparently, it is not the ever growing power of the desk-top PC to process large scale datasets alone that has driven a growing body of research utilizing ultra-high frequency data. Rather, it is the need for regulators to evaluate market mechanics that best respond to investors requirements and the need for academics to better understand the relationships among market participants, trading costs, and trading process in their quest for an alternative asset pricing paradigm.

Market microstructure deals with the trading of financial assets and the evolution of asset prices by taking into account of transaction costs, incomplete information, and heterogeneous expectations. The study of market microstructure requires transaction level data (intraday) that allows examination of short- run price behavior that can lead to systematic mispricing in the long-term. It allows assessment of the impact of trading mechanisms, for example, tick rules, trading halts, and upper and lower price bounds, on market quality, which means transparency and accurate price discovery.

High-Frequency Trading Experts Workshop 2010 is produced by GoldenNetworking.net (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.

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