7:30 AM
EXHIBIT HALL

Registration Opens – Continental Breakfast with Exhibitors – Please join us for breakfast and a first look at our exhibit area.
Sponsored by FTEN.......................................................................................................................................

8:30 AM
ASTOR BALLROOM

Welcome to the 6th Annual FPL Americas Electronic Trading Conference

• John Goeller, Director, Electronic Trading, Bank of America Merrill Lynch, and Co-Chair, FPL Americas Regional Committee

8:45 AM
ASTOR BALLROOM

Today’s Strategies in Electronic Trading
Even now since the Dow Jones Industrial Average has topped 10,000 for the first time since the financial crisis, major players in the industry will continue to experience twists and turns in the road ahead. Although some founding principles remain the same, undeniably the industry has changed very much and is adjusting to new regulation, new demands from all sides, and increased competition. This discussion of the current environment and evolving market structure will allow our speakers to lay down the new expectations for electronic trading from their unique perspectives. Join us for a discussion of the changing buy-side/sell-side relationship, agency versus full-broker trading, short sale rules and other industry developments, the exploding number of execution centers and more.

• Walter Donovan, Chief Investment Officer, Putnam Investments
• John Goeller, Director, Electronic Trading, Bank of America Merrill Lynch, and Co-Chair, FPL Americas Regional Committee
• Owain Self, Head of Algorithmic Trading, Americas and EMEA, UBS

9:30 AM
ASTOR BALLROOM

Striking a Balance: Efficiently Dealing with Systemic Risk and Sponsored Access
Reductions in latency and sponsored access are necessities of efficient electronic trading. The addition of risk considerations throws off the balance. With government regulatory measures and dark pool disclosures looming in the distance, mitigating risk becomes a complex “x-factor” in determining best practices. This discussion will touch upon real-time risk management, deviations from the “norm”, high frequency, and the resulting regulatory response.

• Ted Myerson, Founder and Chief Executive Officer, FTEN
• David Shillman, Associate Director, Division of Trading and Markets, U.S. Securities and Exchange Commission
• Jeffrey S. Davis, Vice President and Deputy General Counsel, NASDAQ
• Rishi Nangalia, Head of Product/Business Development, Goldman Sachs Electronic Trading

10:15 AM
EXHIBIT HALL

Morning Break with Exhibitors

Sponsorship Available - please contact Kathy McGovern for details +1 212 652 4464 or FPLElectronicTrading@jandj.com

High Frequency Trading: The Fast Paced World of Execution Centers
Where can liquidity be found these days? Everywhere, it would seem. Market Structure continues to evolve. Developments like crossing internalization, dark pool tracking, flash trading and integrated platforms, and the complexity of strategies for high frequency trading magnify. Learn why and how at least half of all daily trading volume is executed by high frequency traders and how they are exploding the activity on global exchanges and the regulatory response that this activity has generated.

• Colin Clark, Vice President, Market Analysis & Statistics, NYSE Euronext
• Daniel Gray, Senior Special Counsel, Division of Market Regulation, U.S. Securities and Exchange Commission
• Timothy Cox, Vice President, Market Structure Strategist, Bank of America Merrill Lynch
• Tom Jordan , President, Jordan & Jordan (Moderator)

The Way Forward: Principles for Market Structure Debate
Despite the fear and pessimism that commonly characterizes our industry today, the market is not as broken as it seems. Learn from one of the foremost market leaders as he clarifies the different pressures, catalysts and myths that mark our current attitude towards the financial markets. Leave with a better understanding of how we ended up here and how to approach the complex issues defining our industry at the moment.

• William O'Brien, Chief Executive Officer, Direct Edge

The Derivatives Lifecycle: Listed and OTC, Front to Back
Discuss the fine points of derivatives trading from front to back and considerations introduced by increased competition and marketplace changes. This panel will address both the execution aspect of derivatives, with emphasis on trading, options, OTC versus listed commodities, algorithmic trading, onboarding, and clearing and settlement considerations like processing and modeling to adjust to market conditions.

• Richard Repetto, Principal, Equities Research, Sandler O'Neill + Partners
• Frank D'Erasmo, Head of Algorithmic Trading Strategy and Implementation, Newedge USA
• Sunil Cutinho, Director, CME Clearing, Business Development, CME Group

12:30 PM
ASTOR BALLROOM

Luncheon Presentation

The Future of Trading: What To Expect As the Market Revives
How should we envision the light at the end of this economic crisis tunnel? More importantly, where will this tunnel lead us? Join one of the foremost authorities on global exchange activity as he reflects on what's in store for the evolving market from his unique perspective. This presentation will address trading on exchange versus OTC trading, opportunities for cross-asset trading, the diverse needs of the sell-side and hedge funds, and global growth trends.

• William Brodsky, Chief Executive Officer, Chicago Board Options Exchange and Chairman, World Federation of Exchanges

Sponsored by Jordan & Jordan ..........................................................................................................

1:45 PM
EXHIBIT HALL

See the Electronic Trading Solution Offerings Available from Our Exhibitors

2:15 PM
ASTOR BALLROOM

Hedge Funds: 2010 and Beyond
We’ve seen how hedge funds weathered the storm of 2008-2009, now join us to see how hedge funds will evolve in 2010 and beyond. Operating and business strategy models for enduring firms will be discussed, as well as projected growth, demand and fund allocation. Join us for updates on redemption and distribution channels and learn about the management, operations, distribution and investments of successful funds.

• Brian Ruane, Head of Financial Institutions, BNY Mellon

3:00 PM
EXHIBIT HALL

Afternoon Break with Exhibitors

Sponsorship Available - please contact Kathy McGovern for details +1 212 652 4464 or FPLElectronicTrading@jandj.com

3:45 PM
ASTOR BALLROOM

FX: Interdealer, Buy-Side to Sell-Side and Retail
The fragmentation versus aggregation debate has become outdated and there are now new opportunities and challenges facing players in this arena. The appearance of new liquidity channels and the growth of the retail market, as well as technological advances, have resulted significantly more fragmentation, prompting a need for aggregation provided by alternate sources. There are analogies that can be made between equities options and foreign exchange, and new breeds of actors in FX have changed the characteristics of the market. Join these experts as they discuss how the landscape now is different from the past, accessing liquidity, advice and credit, nuances of fragmentation, liquidity and spreads, as well as regulatory issues for FX.

• James Sinclair, Chief Executive Officer, MarketFactory
• Jean-Marc Orlando, Global Head of E-Foreign Exchange, BNP Paribas
• Sean Gilman, Chief Technology Officer, Currenex

4:30 PM
ASTOR BALLROOM

Global Update: Around the World in 45 Minutes
Join these key players in the Asian and European trading spaces as they discuss the most important issues facing the industry on a global level. These presentations will also address the updates that are occurring in their respective areas of the globe.

• Andrew Bowley, Executive Director, Head of Electronic Trading Service Product Management, Nomura International
• Edward Mangles, Director, FIXGlobal
• Daniella Baker, Marketing and Communications Manager, FIX Protocol, Ltd. (Moderator)

5:30 PM – 7:30 PM
BROADWAY LOUNGE

Cocktail Reception Overlooking Times Square

Sponsored by Greenline Financial Technologies.............................................

7:30 AM
EXHIBIT HALL

Registration Opens – Continental Breakfast with Exhibitors – Please join us for breakfast while visiting our exhibit area.

Sponsored by CME Group ...............................................................................................................

8:30 AM
ASTOR BALLROOM

Welcome Back to the 6th Annual FPL Americas Electronic Trading Conference

• Jim Northey, Co-Founder, La Salle Technology Group and Co-Chair, FPL Americas Regional Committee

Latency Limbo: How Low Can You Go?
As firms lower their latency for messaging more and more, news questions surrounding strategy and infrastructure demands continue to arise. How is latency measured and are there benchmarks that can be used for comparison? Discuss the importance of different types of latency along the transaction path including applications, the software into hardware process, infrastructure and market data varieties. Join these experts as they answer these questions and others on infrastructure needs, collocation, one-off capacity issues, development strategies, measurement, reduction and the problem of trading latency from a transaction perspective.

• Conor Allen, Head of R&D and Core Engineering, NYSE Technologies
• Vijay Kedia, President and Founder, FlexTrade Systems
• Donal Byrne, Chief Executive Officer, Corvil, Ltd.
• Bill Hebert, Co-Chair, FPL Americas Conference and Editor, FIXGlobal (Moderator)

Algorithm Now! The Secrets of Algo Warfare
Sniffer? Guerilla? Dagger? Most algo order logic is shrouded in secrecy as well as hype. There is ongoing innovation from the broker dealer community in providing new algos customized to client needs. This discussion will focus on experiences from the perspective of the sell-side, buy-side and solutions provider as they discuss the best strategies for getting FIXatdl and other algorithms into your clients’ hands before they become irrelevant. Learn about the practical aspects of developing and implementing algorithms and accessing points of liquidity, including insights on deployment timeframes, customization, order workflow and development intrigue.

• Thomas Chippas, Managing Director, Deutsche Bank Securities, Inc.
• Stuart Breslow, Chief Executive Officer and Chief Information Officer, Townsend Analytics/RealTick
• Timothy Stark, Trading Product Manager, The Capital Group Companies
  

10:15 AM
EXHIBIT HALL

Morning Break with Exhibitors

.Sponsored by Chi-Tech.........................................................................................................................

11:00 AM

EMPIRE COMPLEX

SOHO COMPLEX

11:45 AM
EMPIRE COMPLEX

SOHO COMPLEX

FIX Frontiers: FICC, Drop the Last C
Since the inception of FIX, global committees have been created around Fixed Income and Foreign Exchange to address the unique needs of these diverse investment vehicles. Join in this discussion to learn more about best practices and how FIX messaging and modeling is being applied in these areas. While there has been a focus on streaming prices, spot, outright forwards and swaps in Forex, Fixed Income continues to explore ways to facilitate the Request for Quote model and support trading functionality with descriptive details. These panelists will also discuss appropriate FIX tags and attributes for these asset classes and which existing services can be leveraged.

• Daniel Doscas, Citi, and Co-Chair, FPL Global FIxed Income Committee
• Ric Elvir, U.S. Head of E-Commerce Fixed Income, UBS Investment Bank
• Tim James, Deployment Manager, Aegisoft, LLC
  

Front Office: OMS, EMS and Integration Alternatives
How does a firm leverage both commercial systems and platforms with homegrown solutions to create the ideal order routing process? Adaptive smart order routing and internal crossing are two of the newer options available to firms that perform smart order routing, but the options are endless. Participate in a discussion of the technical challenges and opportunities to leverage existing technology in this area. Broaden your understanding of system and platform integration, lightweight systems and different types of DMA.

• Alan Schwartz, President, North America, Transaction Network Services (TNS)
• Dhiren Rawal, Managing Director, Quod Financial
• Scott Harrison, Chief Executive Officer, UNX
• Navdeep Brar, Director, Global Client Connectivity, Royal Bank of Canada
  

12:30 PM
ASTOR BALLROOM

Luncheon Panel

CIO Roundtable: Lessons Learned, Looking Forward
Now that all the fiscal trimming back has occurred, where do we go from here? Keeping customers happy by continuing to offer expanding options, bringing in new customers and optimizing business processes are strategic issues on the minds of forward-looking CIOs. Join this roundtable as its participants discuss their top priorities for emerging from the struggle that was 2008-2009, the lessons they’ve learned along the way, and how they can leverage the challenges and opportunities of the current environment to expand and support their firms worldwide.

• Steven J. Sadoff, Executive Vice President and Chief Information Officer, Knight Capital Group
• Jeff Bell, Executive Vice President, Clearing and Technology Group, Wedbush Morgan Securities
• Courtney Doyle, Operations Director, FIX Protocol, Ltd. (Moderator)
  
  Sponsorship Available - please contact Kathy McGovern for details +1 212 652 4464 or FPLElectronicTrading@jandj.com

2:00 PM
EMPIRE COMPLEX

SOHO COMPLEX

Capacity: How Much Do You Need and When?
From managing micro-bursts to storing tick data, capacity requirements are continually escalating – more messages, more volume, higher frequency, increased burstiness, lower latency requirements – with no end in sight. Learn how to manage for growth in order to keep traders happy while keeping within ever shrinking budgets.

• Manisha Kimmel, Executive Director, Financial Information Forum (FIF)
• Robert Wallos, Global Head of Market Data Architecture, Citigroup Global Markets, Inc.
• Allen Kramer, Global Manager - Market Data Development, Investment Technology Group (ITG)
• Andrew Cinquina, Senior Development Manager, SunGard Trading
  

2:45 PM
EXHIBIT HALL

Afternoon Break with Exhibitors

Sponsored by Corvil .....................................................................................................................................

3:30 PM
EMPIRE/SOHO COMPLEX

Post-Trade: Allocations, Clearing and Settlement
Post-trade allocation varies based on the asset class traded, but the winds of change are starting to sweep through this area. Standard messaging in equities, futures and options among post-trade systems and the buy/sell-side can greatly increase the efficiency with which trades are allocated. Learn about the differing approaches to post-trade allocation, how firms are innovating in this space, and how existing technology can be leveraged to expand this space into new asset classes as well as for the onboarding of new clients.

• Greg Wood, Vice President, Advanced Execution Services, Credit Suisse
• Scott Atwell, Manager of FIX Trading Connectivity, American Century Investments and Co-Chair, FPL Global Steering Committee
• Metin Elyazar, Post Trade Product Manager, Charles River Development
  

FAST and High Performance Trading Technology
Like FIX, FAST was developed as an open standard, especially as a solution for high performance trading technology needs. Participate in this conversation on current issues surrounding FAST with a focus on the use of compression in market data and trading technology infrastructure. This discussion will also address improvements in performance between FIX and connected counterparties and how FAST fits into this equation.

• Fritz Caskey , Associate Director, Market Data Distribution, CME Group
• Rolf Andersson, Chief Executive Officer, Pantor Engineering AB

5:00 PM

Adjourn