TradeTech FX 2017

September 11-September 13, 2017

Fairmont Rey Juan Carlos, Barcelona

44 (0) 20 7368 9836

Day 2 - Wednesday 13th September 2017

Building A Future-Proofed FX Business

Private Breakfast

08:00 AM - 8:55 AM Women In Trading Breakfast: How Can The FX Industry Better Attract, Develop And Retain Top Female Talent?

Nicky Morgan, Member of Parliament, UK Parliament Aurelie Brandy, Head of Dealing Desk, Amundi Jane Brosbøl, Head of Systematic FX Trading, Nordea Asset Management
  • How is the FX industry addressing the aspirations of women to develop in leadership roles?

  • How are firms showcasing female talent contributing in the financial sector?

  • Sharing common challenges with your female peers and finding solutions to address them

  • What does it means to be a woman in the FX industry in 2017


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Nicky Morgan

Member of Parliament
UK Parliament
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Aurelie Brandy

Head of Dealing Desk
Amundi
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Jane Brosbøl

Head of Systematic FX Trading
Nordea Asset Management

Registration

08:20 AM - 08:55 AM Registration and Breakfast

08:55 AM - 09:00 AM Chairperson’s Opening Remarks

Michael Melvin, Academic Coordinator, Rady School of Management

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Michael Melvin

Academic Coordinator
Rady School of Management

Exploiting New Investment Drivers

09:00 AM - 09:45 AM All Star Panel: The big picture on market structure - What are the major developments transforming European FX markets and how will this change the way you interact with your sell side, platform and technology counterparts?

Michael Walsh, COO & CFO, White Marigold Capital David Woolcock, Chair of the Committee for Professionalism, ACI Caspar Marney, Director, Velador Associates Ltd Toby Baker, Senior Foreign Exchange Trader, T. Rowe Price Steven Englander, Head of Research and Strategy, Rafiki Capital Management
  • What advice do leading players from the full FX value chain have for the buy side to survive and thrive in the evolving FX backdrop?

  • With the emergence of non-bank liquidity providers, what’s left for banks? How is their service model fundamentally changing?

  • With less price makers, liquidity gaps, increased transaction costs, and an increased focus on compliance, how are firms navigating all these hurdles and preparing for the future?

  • How can all market members move on from historical ways of working and embrace the spirit of the new regulation and transparency?


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Michael Walsh

COO & CFO
White Marigold Capital
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David Woolcock

Chair of the Committee for Professionalism
ACI
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Caspar Marney

Director
Velador Associates Ltd
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Toby Baker

Senior Foreign Exchange Trader
T. Rowe Price
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Steven Englander

Head of Research and Strategy
Rafiki Capital Management

09:45 AM - 10:05 AM Economic Keynote: The year ahead - What will be the key macro indicators in 2017 and 2018 and how will they impact European and global FX markets?

George Saravelos, Global Co-Head of FX Research, Deutsche Bank
  • What key themes will dominate the FX agenda over the next 12 months and how can you steer your desk through these new changes?

  • Learning from past events - How can you use lessons from recent political events to best handle the unbalanced risks associated with major events in 2017 and 2018?

  • What are the implications of Brexit and recent and upcoming European elections - Are we heading for further economic downturn?

  • How is the Trump administration impacting global markets and investor confidence? Are we entering a new protectionist, inward focused era? New job creation and major investment in infrastructure are dollar positive, so which will be the ultimate winner?


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George Saravelos

Global Co-Head of FX Research
Deutsche Bank

Machine Learning Case Study

10:05 AM - 10:35 AM Industry Insight: Using machine learning for tactical asset allocation decisions – exploring how to define the question to the machine based on key factors including client risk profiles, performance targets and machine learning algorithms

Grigorios Papamanousakis, Deputy Head of Systematic Asset Solutions, Aberdeen Asset Management Ian McWilliam, Investment Analyst, Aberdeen Asset Management
  • Why Machine Learning for Tactical Asset Allocation? Why now?

  • How do we define the question to the machine based on different client risk profiles, performance targets and machine learning algorithms?

  • Market factors selection, data cleansing, signal processing and high performance computing


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Grigorios Papamanousakis

Deputy Head of Systematic Asset Solutions
Aberdeen Asset Management
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Ian McWilliam

Investment Analyst
Aberdeen Asset Management

F1 Guest Speaker

10:35 AM - 11:10 AM Inspirational Guest Speaker: How improvements in data performance played a key role in Brawn GP and Jenson Button winning the F1 World Championship at their first attempt

Nick Fry, Former CEO, Mercedes AMG Petronas Formula One Team

Nick Fry is the Former CEO and co-owner of Mercedes AMG Petronas F1 and was responsible for building the teams that won the 2009, 2014, 2015 and 2016 F1 Drivers and Constructors Championships. Working in F1 since 2002, he led a management buyout of Honda, creating Brawn GP and led the team to its first F1 victory and subsequent World Championships. Following the sale to Mercedes he continued to successfully manage and grow the team and recruited Lewis Hamilton in the process. A UK Business Ambassador, consultant and Venture Capitalist Nick continues to play a very active role in the world of Motor Sport, Engineering and Business.


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Nick Fry

Former CEO
Mercedes AMG Petronas Formula One Team

11:10 AM - 11:40 AM Morning Refreshment Break

Track A: Building A Strong Internal Structure

11:40 AM - 12:00 PM Fireside Chat: Data, Data, Everywhere - With the increasing need to aggregate and analyse all data points, how can you exploit big data and data analytics to make more informed trading decisions?

George Goldman, Vice President, Head of Finance Sales , Dataminr Christoph Hock, Head of Multi-Asset Trading, Union Investment Saeed Amen, Founder, Cuemacro
  • What are the current limitations of market data and how can you overcome them using data analytics to solidify your trading strategy?

  • What are the best data sources to use when predicting market sentiment?

  • How can you improve your access to FX market data to satisfy your best execution obligations?

  • How can you incorporate data analytics from other asset classes and bring this into a fragmented FX world?


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George Goldman

Vice President, Head of Finance Sales
Dataminr
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Christoph Hock

Head of Multi-Asset Trading
Union Investment
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Saeed Amen

Founder
Cuemacro

Track A: Building A Strong Internal Structure

12:00 PM - 12:40 PM 360° Perspective: Front office talent - How are the traditional FX trading buy and sell side skill sets changing in order to prosper in a new FX structure?

Lee Sanders, Head of FX and FI Dealing, AXA Investment Managers Peter Garnham, Editor, FX-MM Jamie Goodman, Consultant, Cazar Search Gregory Armon-Jones, Head of Foreign Exchange & FICC e-Commerce Search, Armstrong International
  • What expertise and technological know how is now needed on the buy side in increasingly electronic markets?

  • How are sell side firms investing in talent to better service their clients?

  • Is increased technology usage leading to the disintermediation of relationships between the buy and sell side?

  • Why is there significantly less transparency on the buy side as opposed to the sell side in regards to compensation, trading roles and firm structure? Where can you find relevant information to give you a better picture of the market?


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Lee Sanders

Head of FX and FI Dealing
AXA Investment Managers
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Peter Garnham

Editor
FX-MM
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Jamie Goodman

Consultant
Cazar Search
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Gregory Armon-Jones

Head of Foreign Exchange & FICC e-Commerce Search
Armstrong International

Track B: Exploiting New Alpha Generation Strategies

11:40 AM - 12:00 PM Fireside Chat: Unbundling – What strategies are Portfolio Managers using to quantify and pay for FX research in a MiFID II world?

Helen Thomas, Senior Currency Portfolio Manager, SSGA Phil Rush, Founder and Chief Economist, Heteronomics
  • Working towards a global, multi-asset view - how do you manage cross subsidisation between asset classes, and in a global firm?

  • How can you quantify and categorise what constitutes ‘FX research’ - how are leading firms addressing this?

  • Should you do all or most research internally, is this where investment is going?

  • How do you decide how much you will pay for research – and how do you justify research costs to your investors?


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Helen Thomas

Senior Currency Portfolio Manager
SSGA
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Phil Rush

Founder and Chief Economist
Heteronomics

Track B: Exploiting New Alpha Generation Strategies

12:00 PM - 12:40 PM 360° Perspective: Automated vs. Discretionary trading - what method of trading are the current market conditions best suited to and where is alpha coming from?

Derek Arnold, FX Portfolio Manager, Pioneer Investments Buford Scott, Managing Partner , Stelrox Capital Management Yoav Barnes, Managing Director, Victory FX
  • How is automated trading continuing to impact the FX market – how far are we from a fully automated market?

  • Are the performances of systematic and discretionary trades synchronized and what are the macro drivers for this?

  • What are the benefits of discretionary trading vs. automated trading methods?

  • What discretionary and automated strategies are best suited for current and near future market conditions - factors to consider when making trade decisions •Can all strategies be automated?


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Derek Arnold

FX Portfolio Manager
Pioneer Investments
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Buford Scott

Managing Partner
Stelrox Capital Management
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Yoav Barnes

Managing Director
Victory FX

Track C: Small Interactive Boardrooms and Workshops Maximum 25 Delegates – Buy Side only

11:40 AM - 12:40 PM Synergy Workshop: Welcome to the future: A sneak peek into a new era for FX electronic trading, A Sell Side Perspective

Asif Razaq, Global Head of FX Algorithmic Execution,, BNP Paribas

Hosted By BNP Paribas

The electronification of the FX Market continues to intensify along with the need for tighter regulation and compliance oversight. In this session we would like to explore the next phase of FX electronic trading, the tools required to operate in the changing FX market structure, and ways the buy side can adjust their trading techniques to better achieve their best execution mandate. The session will include a live demo of next generation FX algos, pre trade TCA tools and real-time market analytics. Furthermore, we will discuss how banks will be changing how their foreign exchange desks will operate, ultimately defining a new framework to achieve better solutions for their buy side clients. Come join BNP Paribas for this engaging discussion and look into the future!


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Asif Razaq

Global Head of FX Algorithmic Execution,
BNP Paribas

Lunch

12:40 PM - 2:00 PM Networking Lunch

Invite Only Think-Tank

12:40 PM - 2:00 PM Exclusive Invite Only Buy Side Think-Tank: How can the buy side better collaborate to drive mutually beneficial initiatives forward

Andrew MacLeod, Senior Dealer, FX and Alternatives, Invesco Jasper Riis, Head of Fixed Income, Currencies & Commodities, ATP Ronald Lagarde, Senior Forex & Derivatives Trader, APG Asset Management

Open to 15 Heads of FX Trading

Lunch will be served during this session


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Andrew MacLeod

Senior Dealer, FX and Alternatives
Invesco
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Jasper Riis

Head of Fixed Income, Currencies & Commodities
ATP
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Ronald Lagarde

Senior Forex & Derivatives Trader
APG Asset Management

Capitalising On Future Trends

2:00 PM - 2:30 PM Guest Speaker: FinTech innovation disrupting the financial markets ecosystem - What will impact your business and how can you compete in this moment of generational change?

Mark Whitcroft, Founding Partner, Illuminate Financial Management

Illuminate Financial is a London-based venture capital firm with a global mandate, exclusively focused on financial technology that benefits capital markets participants. Prior to Illuminate, Mark spent eleven years in various capital market roles at HSBC and Deutsche Bank based in London, Hong Kong, Singapore and New York. He has been investing in FinTech companies since 2010 and has worked at a number of FinTech start-up accelerators.

  • Which types of technological innovation do we expect to transform the capital markets in the next 10 years? How can you seize the opportunities now to be ahead of the curve?
  • Crossing the chasm: identifying the problems established capital markets players face and how we match them to the game-changing solutions from small early stage companies
  • How and why to take advantage of the innovative, lower cost and highly scalable solutions offered by newer and more entrepreneurial suppliers
  • Avoid the fintech hype – how can firms distil the signal from the noise?

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Mark Whitcroft

Founding Partner
Illuminate Financial Management

2:30 PM - 3:10 PM Dragons’ Den: Examining the greatest and latest innovations in FX trading technology - Which offer true added value and should be considered in your future investment plans?

Julia Streets, Founder & CEO, Streets Consulting Paul Gordon, Co-Founder, Quantave

This exciting Dragons’ den style innovation session demos pre-selected technology start-ups who will pitch their innovative tech to a panel of experts and you in the audience. The panel of experts will critique and assess their benefits to your business and their likelihood of future success. You will then have the opportunity to vote for the technology start-up you think is the most innovative and adds real value to your business. Will you find the next big thing?


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Julia Streets

Founder & CEO
Streets Consulting
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Paul Gordon

Co-Founder
Quantave

Last look standardization – Does the Global Code improve transparency and help regulate the usage of last look, or does it condone its abuse?

Hosted By: Caspar Marney, Director, Velador Associates Ltd

Regulation, voluntary codes of conduct and market structure - how do we achieve a fair and transparent market with sufficient liquidity?

Hosted By: David Woolcock, Chair of the Committee for Professionalism, ACI

Recent Advances in Currency Research from Academia: an investors perspective

Hosted By: Michael Melvin, Executive Director, Rady School of Management, UCSD, Former Managing Director, Blackrock

How can the current FX TCA methodologies be improved for the future to satisfy your best execution needs?

Hosted By: Pamela Gachara, Manager, Capital Markets, The Investment Association (IA)


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Pamela Gachara

Manager, Capital Markets
The Investment Association (IA)
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David Woolcock

Chair of the Committee for Professionalism
ACI
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Michael Melvin

Academic Coordinator
Rady School of Management
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Caspar Marney

Director
Velador Associates Ltd

4:10 PM - 4:15 PM Chairperson’s Closing Remarks

Michael Melvin, Academic Coordinator, Rady School of Management

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Michael Melvin

Academic Coordinator
Rady School of Management

4:15 PM - 4:20 PM Conference Close