TradingScreen
unveils its 2008 Buy-Side Conference Series introducing
unique Algorithmic Trading Performance Analysis
NEW YORK (April 22, 2008):
TradingScreen today unveiled its 2008 Buy-Side Traders’
Conference Series, entitled Today’s Markets,
Tomorrow’s Tools: Staying Ahead of the Evolution
in Electronic Trading. At five events spanning
three continents TradingScreen will play host to some
of the industry’s leading experts as they discuss
how to steer a path through the ever more complex world
of electronic trading.
The keynote speaker this year is Robert Kay, managing
director of GSCS Information Services. Kay will present
the findings of “The TradingScreen Algorithmic
Trading Survey”, the largest multi-broker, multi-client
analysis to date of Buy-Side clients’ use of algorithmic
trading tools in global equity markets. Undertaken jointly
by TradingScreen and GSCS, the analysis utilizes TradingScreen’s
unique cache of data from the last five years, and encompasses
the trading activity of more than 200 hedge funds and
other asset managers worldwide, that between them execute
regularly more than a million trades using more than
100 different algorithms from all major investment banks
and brokers.
The analysis highlights two key findings: is that
algorithms generally outperform similar trades completed
without the use of algorithms; and that even the more
straightforward algorithms can deliver varying results.
Direct comparisons are complex, but it seems clear that
some algorithms consistently perform better in certain
market conditions than others. “The combination
of TradingScreen’s data and Robert Kay and GSCS’s
down to earth research methodology is powerful, and
deliver a practical guidance on how to use these new
tools that can be of interest even to the most experienced
trader” said Philippe Buhannic, chief executive
of TradingScreen. “The results will take the debate
about the effectiveness of electronic trading tools
such as algorithms and dark pools beyond the anecdotal
and provide some of the first real insight into how
these applications are being used. We intend to develop
this into a resource that will prove invaluable not
just for trading equities, but for any financial products
as they adopt and adapt the equities model.”
Kay’s keynote will provide the starting point
for the panel discussions that follow. Industry leaders
will bring clarity to a number of pressing concerns
for today’s buy-side trader: from the hunt for
trading velocity to market volatility; from the growing
battle for flow between brokers, exchanges and alternative
trading platforms, to how to make multi-asset electronic
trading pay.
In recognition of the success of past events, and
of its increasing presence in the region, TradingScreen
is this year adding Hong Kong to its list of conference
venues. The 2008 The TradingScreen Buy Side Traders’
Conferences will be held in:
* New York, Thursday, May 1sth, W Hotel Union Square
* London, Thursday, May 22nd, Le Meridien Hotel
* Boston, Thursday, June 5th, Four Seasons Hotel
* Hong Kong, Thursday, October 16th Mandarin Oriental
Hotel
* Paris, Thursday, October 30th, Le Grand Hotel Intercontinental
The conference series is supported globally by a leading
cast of industry sponsors which include Credit Suisse,
Morgan Stanley, UBS, Merrill Lynch, Bear Stearns and
JP Morgan.
For more information about these conferences and to
request an invitation, please contact TradingScreen
at:
New York Sales: +1 212 359 4100
Chicago Sales: +1 312 447 0100
European Sales: +44 (0) 207 149 3100
Asia Pacific Sales: +85 2 2251 8239
Japan Sales: +81 (3) 4540 8500
Or email us at sales@tradingscreen.com |
ABOUT TRADINGSCREEN
TradingScreen Inc. is accelerating the technical evolution
of the financial markets by providing a fully integrated,
customer-oriented trading service platform to institutional
investors. The proprietary TradingScreen platform links
institutional investors and sell side firms together
to facilitate order routing, execution management, clearing,
and additional value added services, such as real straight
through processing and prime brokerage enabling across
all asset classes. TradingScreen provides global coverage
from offices in New York, Chicago, Sao Paulo, London,
Paris, Hong Kong and Tokyo.
For More Information, Please Contact:
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