TradeTech Europe 2024
22 - 24 April, 2024
Palais des Congrès de Paris
Main Day 1 | 23rd April
7:30 am - 8:30 am
Registration & Breakfast
8:30 am - 8:35 am
Welcome Address: Anna Andrews, Editorial Director, WBR
8:35 am - 8:40 am
Chairperson's Opening Remarks
Julia Streets -
CEO,
Streets Consulting
Thriving In New Market Conditions
8:40 am - 9:05 am
Buy Side CEO Fire-Side Chat: Examining the Evolving Investment Landscape: Against a backdrop of elevated geopolitical risks, what are the biggest threats and opportunities facing the investment management industry in 2024 and beyond?
Sandro Pierri -
CEO,
BNP Paribas Asset Management
Tanguy van de Werve -
Director General,
EFAMA
9:05 am - 9:20 am
Global Head of Trading Keynote Talk: Adapting to the New Market Regime: How can you future-proof your technology strategy in a world of mergers, changing market structure and new market opportunities?
Lynn Challenger -
Global Head, Trading & Order Generation,
UBS Asset Management
- What are the major threats and opportunities facing the asset and wealth management industry against a backdrop of economic and geopolitical disruption?
- How can firms leverage new disruptive technology offerings to deliver greater returns for investors?
- How will new regulations impact European equity market structure?
Navigating Future Market Structure Trends
9:25 am - 10:05 am
Market Structure Panel: Exploring the Major Market Structure Themes: How can our industry create an efficient European equities market structure that delivers improved liquidity and alpha opportunities for investors?
Fabien Oreve -
Deputy Global Head of Trading and Securities Financing,
Candriam
Alex Dalley -
Head of Cboe Netherlands,
Cboe Europe
Emilie Rieupeyroux -
Head of Market Strategy, Cash Equities & Data Services,
Euronext
Simon McQuoid-Mason -
Head of Equity Products UK & Ireland,
SIX Swiss Exchange
Niki Beattie -
Founder and Managing Director,
Market Structure Partners
- In light of plummeting IPO volumes in Europe, where do the opportunities exist to create a more efficient market structure that attracts liquidity?
- How will tokenisation impact the industry and, specifically, equity market structure?
- Are central limit order books still fit for purpose?
Evaluating The Changing Liquidity Landscape
10:05 am - 10:45 am
Examining liquidity dynamics: Key drivers changing the approaches to liquidity sourcing in Europe
Jeremy Smart -
Global Head of Distribution,
XTX Markets
Brian Gallagher -
Head of EMEA Cash Execution,
BNP Paribas
Sam Railton -
Managing Director, Business Management, EMEA,
Tower Research Capital Europe
Simon Dove -
Managing Director, Head of Liquidity, EMRA,
Instinet
Chris Jackson -
Head of Equities, EMEA,
Liquidnet
Niki Beattie -
Founder and Managing Director,
Market Structure Partners
- How is the shift away from lit venues to dark pools and closing auctions impacting price discovery?
- What are the implications of increased fragmentation of closing auction liquidity?
- What innovative techniques and mechanisms are brokers developing around the close?
- What is the role of alternative liquidity providers and how are buy side leveraging bilateral liquidity as an additional execution tool?
10:45 am - 11:15 am
Morning Refreshment Break
10:45 am - 11:45 am
Morning Masterclass Hosted by RBC Capital Markets *invitation only*: Digital, Data and AI in Capital Markets
Jas Sandhu -
Managing Director, Agency Electronic Solutions,
RBC Capital Markets
Hasham Burhani -
Global Head of Multi-asset Algorithmic Research & AI,
RBC Capital Markets
*By Invitation Only*
- Deep reinforcement learning in trading – insights and anecdotes.
- Applications of Generative AI
- Organisational adaptation and governance
Sponsored by: RBC Capital Markets
10:45 am - 11:45 am
Morning Masterclass Hosted by the Hong Kong Exchange- *invitation only*: China 2.0: How can you best access the Chinese stock market to boost trading performance and alpha opportunities?
Raymond Wong -
Senior Vice President, Head of Business Development, EMEA,
HKEX
Chaplin Tong -
Head of Hong Kong / China Advisory Sales,
UBS
James Wang -
Head of China Strategy,
UBS
- Can China’s economy and equity markets stage a comeback this year and how should investors gear up for it?
- How can investors assess the viability of the recent market upswing and do policy announcements provide any clues?
- What are the emerging opportunities and transformative themes in China’s investment landscape?
Sponsored by: Hong Kong Exchanges and Clearing Limited (HKEX)
10:45 am - 11:45 am
Morning Masterclass Hosted by UBS- *invitation only*: UBS Execution Hub – Extending the capabilities and capacity of your trading desk without adding fixed cost
Chris Blackburn -
Head of EMEA for UBS Execution Hub,
UBS
- UBS Execution Hub ATLAS (Automated Transaction Learning Algorithm System) – a white-labelled intelligent broker wheel, customised for you
- Extending your trading desk into different time zones
- Coverage of non-primary asset classes
- Adding capacity for absences and busy periods
- Extending your liquidity network
Sponsored by: UBS Investment Bank
11:15 am - 11:55 am
Liquidity Aggregation Panel: Overcoming Liquidity Constraints: How can you aggregate multiple liquidity sources to access best pricing, improve trade performance and minimise market impact?
Marc Wyatt -
Head of Global Trading,
T. Rowe Price
Rupert Fennelly -
EU Head of Equities Electronic Trading & Sales,
Barclays
James Baugh -
Managing Director, Head of European Market Structure,
TD Cowen
Anish Puaar -
Head of European Equity Market Structure,
Optiver
Eric Stockland -
Managing Director, Co-Head Global Electronic Trading,
BMO Capital Markets
Laurie McAughtry -
Managing Editor,
Global Trading
- How can buy side best streamline and navigate the growth in execution tools and non-bank liquidity providers?
- How can you harness aggregation tools to gain a consolidated view of market liquidity?
- What are the best ways to efficiently access and aggregate bank, venue, and third-party data?
Embracing The Next Evolution Of The Desk
11:55 am - 12:20 pm
Buy Side Fireside Chat: Exploring the Evolution of Equities Execution: How can you best implement the right tools and skillsets to future-proof your desk in an ever-evolving landscape?
Mike Poole -
Head of Trading,
Jupiter Asset Management
Simon Steward -
Head, European Equity Trading,
Capital Group
Rob Boardman -
CEO of Virtu Execution Services,
Virtu
- What are the benefits and potential drawbacks of increased automation on the trading desk?
- How can you effectively measure and manage trading costs?
- Are we seeing a shift to more multi-asset trading models, and what are the drivers?
- What are the skillset requirements to thrive in today’s markets?
12:20 pm - 12:50 pm
Data & Tech Panel: The Next Phase of Data Aggregation & Processing: How can you leverage sophisticated tools to process large amounts of real-time data to capture best price and improve execution?
Daniel Leon -
Global Head of Trading, Treasury Management & Global Solutions,
HSBC Asset Management
Jarrod Yuster -
CEO,
Pico
Robin Mess -
Co-Founder & CEO,
big xyt
Rob Lane -
Global Head of Business Execution, Low Latency,
LSEG
Julia Streets -
CEO,
Streets Consulting
- What are the latest tools that can process large datasets to help analyze trade behavior?
- How can you ensure your systems can handle and process big data to ensure you are capturing best price?
- How can you integrate cutting-edge data analytics tools to identify market trends and trading opportunities in real-time?
- How can you incorporate data into your pre and intra trade processes to support execution decisions?
Daniel Leon
Global Head of Trading, Treasury Management & Global SolutionsHSBC Asset Management
12:50 pm - 1:45 pm
Networking Lunch
12:50 pm - 1:45 pm
Buy Side Lunch Workshop Hosted by Bank of America- *invitation only*: Looking into the Liquidity Crystal Ball: What does the future hold?
Nick Druett -
Head of EMEA Electronic Trading,
Bank of America
Freddie Krespi -
Head of EMEA Electronic Trading Sales,
Bank of America
Summet Sidar -
Head of EMEA Low Latency Trading,
Bank of America
Thalia Rance -
EMEA Electronic Trading Sales,
Bank of America
- How much is really traded off-exchange in US & EMEA, and how can you interact with this liquidity?
- Who are the winners and losers from decentralised trading?
- Flashboys 2024: How to measure latency? It’s harder than you think.
- Everyone talks about AI, but how does it actually get used in Algo trading.
- EM: What’s the next growth opportunity?
Sponsored by: Bank of America
Freddie Krespi
Head of EMEA Electronic Trading SalesBank of America
Thalia Rance
EMEA Electronic Trading SalesBank of America
12:50 pm - 1:45 pm
Buy Side Lunch Workshop Hosted by Marex Outsourced Trading (formerly Cowen Outsourced Trading) - *By Invitation Only*: The rise of global multi-asset trading: A model for diversifying beyond core strategies
Massimo Labella -
Head of Buy Side Trading,
Marex
John Orrock -
Head of Fixed Income Outsourcing,
Marex
Chris Elliott -
Head of European Prime Services Marketing,
Marex
Anton Panayotov -
CEO,
Alaric Securities
Laurie McAughtry -
Managing Editor,
Global Trading
The hybrid buy-side trading model is gaining traction as equities-focused desks seek operational efficiency in advancing their global cross-asset strategies. By augmenting in-house capabilities with the expertise, infrastructure and relationships of a third-party trading desk, firms can more swiftly and easily trade new asset classes and connect to new markets. This Q&A session offers insights from both sides – a firm actively leveraging the hybrid model and those facilitating it.
- How do you adapt to run a successful multi-asset trading desk?
- Why are the buy side capitalising on third-party providers to fast-track diversification?
- How does the model work, what are the potential benefits and drawbacks?
- What underpins a successful hybrid solution?
Sponsored by: Marex
Capitalising On ETF Growth
1:45 pm - 2:15 pm
ETF Panel: Navigating the European ETF landscape: What key trends, regulatory changes and innovations are on the horizon, and how will they shape the evolution of the European ETF market?
Tim Miller -
Senior Trader,
Fidelity International
David Smith -
Head of ETF Sales,
SIX Swiss Exchange
Simon Barriball -
ETF and Portfolio Trading, EMEA,
Virtu Financial
Ben Miller -
Vice President, ETF Specialist Sales, EMEA,
Citi Group
Lara Shevchenko -
Senior Policy Advisor- Market Structure,
FIA European Principal Traders Association
- What structural reforms are needed to grow European ETF markets?
- Is product fragmentation good or bad for investors?
- Which trading protocols are best for accessing liquidity whilst managing information leakage?
- How are traders and market makers currently addressing liquidity fragmentation and what changes and innovations are needed to improve consolidation?
- What new platform capabilities and exchange offerings are being developed to enhance liquidity and execution quality?
Lara Shevchenko
Senior Policy Advisor- Market StructureFIA European Principal Traders Association
Interacting With Retail Liquidity
2:15 pm - 2:40 pm
Retail Liquidity Panel: Examining the Role of Retail Liquidity: How has the rise in retail trading volumes impacted the institutional markets and how can you leverage new platforms and tools to access this liquidity?
Adrian Bradshaw -
Senior Equity Dealer,
Invesco
Mark Davies -
Co-Founder and CEO,
S3
James Webb -
Deputy Head of Execution Services,
Peel Hunt
Wail Azizi -
Chief Strategy Officer,
Equiduct
Lara Shevchenko -
Senior Policy Advisor- Market Structure,
FIA European Principal Traders Association
- What are the trends in retail trading in Europe and how does this compare to the US?
- What are the current approaches to accessing retail liquidity and how is this evolving?
- How are retail brokers and trading platforms innovating their services to enable traders to access retail liquidity?
- What can be done to further incentivise retail investment and improve access to retail liquidity?
Lara Shevchenko
Senior Policy Advisor- Market StructureFIA European Principal Traders Association
2:40 pm - 2:50 pm
Transition to tracks
Track Chair: Julia Streets, CEO, Streets Consulting
Track A: TCA & Advanced Analytics
2:50 pm - 3:20 pm Algo Monitoring Panel: Improving Algo Performance and Analytics: What are the optimum strategies and metrics to help assess algo and broker performance to improve execution results? Antish Manna - Head of Execution Analytics, Multi-Asset, Man Group Kendell James - Multi Asset Trader, Federated Hermes Ash Sharma - Trading Analytics Manager, Aviva Investors Dr Elliot Banks - Chief Product Officer, BMLL Technologies Phil Lemmon - Head of EMEA Sales, ISS LiquidMetrix Annabel Smith - Editor, The TRADE
Track A: TCA & Advanced Analytics
3:20 pm - 3:50 pm TCA Panel: Leveraging Data Insights: How can you feed pre and intra trade data analytics into your dealer selection and execution to improve outcomes? Daniel Leon - Global Head of Trading, Treasury Management & Global Solutions, HSBC Asset Management Joe Collery - Head, Trading, Comgest AM Robert Miller - Global Head of Equity Execution Consulting, Vanguard Harish Gopalakrishnan - Director, Tick History Product & PRS Solutions, LSEG Steve Grob - Founder, Vision57
Daniel Leon
Global Head of Trading, Treasury Management & Global SolutionsHSBC Asset Management
Track A: TCA & Advanced Analytics
3:50 pm - 4:10 pm Behavioral Analytics Interview: Harnessing New Analytics Techniques: How are new behavioral science techniques being applied in the investment and trading process to give firms a competitive edge? George Patterson - Chief Investment Officer, PGIM Quantitative Solutions Victoria Bryan - Senior Data Analyst, Northern Trust Julia Streets - CEO, Streets Consulting
Track Chair: Niki Beattie, Founder and Managing Director, Market Structure Partners
Track B: Workflow & Trade Automation
2:50 pm - 3:20 pm OEMS Panel: Implementing a Multi-Asset OMS: How can you build the right functionalities into a multi-asset OEMS to ensure it is fit for purpose and can boost auto- execution capabilities? Martin Hendry - Deputy Head of Trading, Liontrust Asset Management Daniel Stauning - Head of Trading, Nykredit Asset Management Andrew Kovacs - Director of Product, EMEA,, Charles River Oskar Wantola - Head of Listed Execution Technology, Man Group Medan Gabbay - Chief Revenue Officer, Quod Financial Laurie McAughtry - Managing Editor, Global Trading
Track B: Workflow & Trade Automation
3:20 pm - 3:50 pm Buy vs Build Panel: Succeeding with a Hybrid Set-Up: How can you build a best-in-class desk that combines the strengths of your in-house capabilities whilst capitalising on new third-party provider offerings? Ian Mawdsley - CPO, Trading and Connectivity Solutions, Broadridge Quintus Kilbourn - Head of Equities, Absa Rob Watts - Director, Product Management, FactSet Bob Cioffi - Global Head of Equities Product Management, ION Markets Kevin Convington - CCO, Adaptive Rachel Przybylski - Former Head of Trading Platforms Projects, Man Group
Track B: Workflow & Trade Automation
3:50 pm - 4:10 pm Desktop Interoperability Panel: Reimaging your Trading Workflow: How can you best integrate interoperability providers into your existing set-up to remove inefficiencies and manual work between applications? Peder Viervoll - Head of Quantitative Trading, Norges Bank Investment Management Brad Levy - CEO, Symphony Jonathan Birtwell - Director, Head, Trading & Portfolio Implementation, PanAgora Asset Management Jesse Forster - Head of Equity Market Structure & Technology, Coalition Greenwich
Jonathan Birtwell
Director, Head, Trading & Portfolio ImplementationPanAgora Asset Management
Track Chair: Rutger Vigen, Public Affairs Advisor, FIA European Principal Traders Association
Track C: Optimising Equity Derivatives & ETF Trading
2:50 pm - 3:20 pm Equity Derivatives Panel: Building your Equity Derivatives Trading Capabilities: How do you need to adapt your execution-style and TCA capabilities to effectively trade equity options, swaps and index futures? Eric Boess - Global Head of Trading, Allianz Global Investors Tim Miller - Senior Trader, Fidelity International Matt Howell - Global Head of Derivatives and Multi-Asset Trading, T. Rowe Price Raphael Rochon - Direct Counterparty Trading, IMC Larry Tabb - Head of Market Structure Research, Bloomberg Intelligence
Track C: Optimising Equity Derivatives & ETF Trading
3:20 pm - 3:50 pm **Hosted Under Chatham House Rule** ETF Panel: Optimising ETF Execution & Analytics: How is ETF execution evolving and what is the most effective method to measure best execution? Joe Bellman - Head of Dealing, Arbuthnot Latham & Co Mike DiSpirito - Vice President- Equity and Derivatives, BlackRock Larry Tabb - Head of Market Structure Research, Bloomberg Intelligence- What are the latest tools being deployed to enhance automation of ETF trading?
- How does the buyside need to adapt workflows and execution benchmarks to manage trading costs and to adapt to ETF algos?
Track C: Optimising Equity Derivatives & ETF Trading
3:50 pm - 4:10 pm ESG Panel: Integrating ESG Factors: What progress are firms making in implementing an ESG framework into their trading processes? Oriane Cochard - Equity Trader, T. Rowe Price Philip Bille - Head of Buyside Dealing & Market Structure, Degroof Petercam Jenner Sheldrake - Head of Business Development, Liquidnet Clarissa De'Giorgio - Head of Business Development & Marketing – Technology Solutions, Euronext Duncan Higgins - CEO, Sustainable Trading
Clarissa De'Giorgio
Head of Business Development & Marketing – Technology SolutionsEuronext
Track D: Closed-Door Working Groups *Hosted under Chatham House*
2:50 pm - 3:40 pm Closed-Door Think Tank: What are the implications of T+1 on trading and settlement risk, and how can you adapt your processes to handle liquidity shifts? Lynn Challenger - Global Head, Trading & Order Generation, UBS Asset Management Susan Yavari - Regulatory Policy Advisor - Capital Markets, EFAMA
Track D: Closed-Door Working Groups *Hosted under Chatham House*
3:55 pm - 4:55 pm VIP Head Trader Think Tank Daniel Nicholls - Head of Trading, Federated Hermes**Hosted under Chatham House**
This is an invitation-only session hosted under Chatham House, open to 15 buy side Global/European Heads of Trading.
4:20 pm - 4:40 pm
Afternoon Networking Break
Guest Speakers
4:40 pm - 5:10 pm
Guest Speaker: The Price of Time – The Real Story of Interest: Key insights into why the global financial system is moving closer to another major crisis
Edward Chancellor -
Financial Historian, Author, Journalist and Investment strategist,
Independent
Edward Chancellor, Financial Historian, Author, Journalist and Investment strategist.
His most recent book is ‘The Price of Time – the real story of interest‘, Edward illustrates how extremely low interest rates create asset price inflation but are also largely responsible for the weak economic growth, rising inequality, elevated debt levels, and pensions crises that have impacted our economies in recent years. Meanwhile, access to easy money in China has inflated their real estate sector and has created an epic credit and investment boom. He forewarns that the global financial system is moving closer to another major crisis.
Edward Chancellor
Financial Historian, Author, Journalist and Investment strategistIndependent