TradeTech FX USA 2017

February 13 - 15, 2017

Eden Roc Nobu Resort, Miami

Contact Us: +44 (0) 207 367 9576

Day 2- Wednesday February 15th 2017

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8:20 AM Registration & Breakfast

8:55 AM Chairperson's Opening Remarks

Michael Melvin, Professor, Rady School of Management

 Michael Melvin
Michael Melvin
Professor
Rady School of Management
Michael Melvin joined the Rady School in 2016 to teach and coordinate the new Master of Finance program. Prior to his return to academia, he spent many years at BlackRock and Barclays Global Investors (BGI). At BlackRock and BGI, he led research-oriented currency and fixed income investment teams. Most recently he was a Managing Director in the Mu ...[Read More]

Exploiting New Investment Drivers
9:00 AM All Star Panel: The changing economics of FX liquidity provision- How can you overcome reduced risk appetite and lower dealer balance sheets to source reliable liquidity in FX markets?

Moderated By:
Howard Tai
, Senior Analyst, Aite Group

Eric Busay, Senior Investment Officer, Mountain Pacific Group

Isaac Lieberman, President and CEO, Aston Capital Management

Tod Van Name, Global Head of FX Electronic Execution, Bloomberg LP

Grant Taylor, Managing Director, Global Head, Discretionary FX Trading

  • Analyzing the state of liquidity- What have been the key drivers to illiquidity in FX markets and what strategies can you exploit to over come them?
  • The link between volatility and illiquidity- How can you best manage your FX execution in volatile conditions?
  • Black swan risk mitigation- How can liquidity conditions be improved during times of market stress and how can you adapt your strategy to manage this?
  • Should the distribution of liquidity be more evenly spread between the top banks and the rest in order to facilitate a fairer Aggregating a fragmented market- How can technology help you understand liquidity conditions to help you make more informed trading decisions?
  • Hot potato trading- Does this represent the future for FX with reduced risk appetite and inventory on the sell side?
 Eric Busay
Eric Busay
Senior Investment Officer
Mountain Pacific Group
Eric Busay, CFA, serves as a Senior Investment Officer of Mountain Pacific Group. He was a Portfolio Manager at the California Public Employees’ Retirement System (CalPERS), North America’s largest pension system, managing the Currency, Commodities, and the non USD Fixed Income programs. Prior to CalPERS, he was a proprietary currency and fixed inc ...[Read More]

 Isaac Lieberman
Isaac Lieberman
President and CEO
Aston Capital Management
Isaac Lieberman founded Aston Capital Management as a quantitative hedge fund in November 2013. As a veteran trader of proprietary quantitative strategies, Isaac has more than 20 years of experience trading in global FX and fixed income markets. Prior to founding ACM, Isaac was Managing Director at J.P. Morgan where he was the Head of Algorithmic T ...[Read More]

 Tod Van Name
Tod Van Name
Global Head of FX Electronic Execution
Bloomberg LP
 Grant Taylor
Grant Taylor
Managing Director, Global Head
Discretionary FX Trading
Grant Taylor is Global Head of Discretionary FX Trading for UNTL. In his unique role, Taylor is focused on developing new and innovative ways to optimize FX trading for the firm as well as to expand the overall discretionary trading business. Taylor has nearly 17 years of industry experience focusing on trading multiple asset classes. Taylor has he ...[Read More]

Moderated By:

 Howard Tai
Howard Tai
Senior Analyst
Aite Group
Howard Tai is a senior analyst with Aite Group, focusing on derivatives products, multi-asset class investment, and risk management strategies, as well as the role of electronic trading in currency, equity derivatives, convertible securities, and equities.

Mr. Tai brings to Aite Group more than 25 years of investment experience acro
...[Read More]

9:40 AM Economic Keynote: The year ahead- What will be the key macro indicators in 2017 and how will this impact your investments?

Paul Richards, President, Medley Global Advisors

  • Global outlook- What is the medium-long term outlook for mature economies and how can you use this to your benefit?
  • What themes will dominate the FX agenda over the next 12 months and how can you steer your desk through these new changes?
  • Will global divergence in economic growth and monetary policy continue into 2017 or could we finally see a stabilizing global economy?
  • How has the US rate hike impacted global markets- Could we see a further hike over the next 12 months or are the risks too great?
 Paul Richards
Paul Richards
President
Medley Global Advisors
Paul Richards is the President of Medley Global Advisors, a pre-eminent independent macro research company owned by the Financial Times.

Originally from New Zealand Paul has spent 30 year in global financial markets including 20 years at UBS where he recently ran FX, Rates and Credit Sales in the Americas.

Passiona
...[Read More]

10:00 AM Asset Owners Perspective: What are the key criteria asset owners look out for when selecting new partners to handle their currency exposure in current volatile market conditions?

Ken Chee, Portfolio Manager and Trader, STRS Ohio

Chung Ma, Portfolio Manager, Virginia Retirement System

Michael Melvin, Professor, Rady School of Management

Alison Romano, Senior Investment Officer, State Board of Administration for Florida

  • Outsourcing- What are the key criteria asset owners look out for when selecting new partners to handle some of their AUM?
  • How are asset owners adapting how they handle their assets in light of increasingly difficult liquidity conditions?
  • How are asset owners seeking to manage their currency exposure during major volatile markets strikes?
  • How can both buy and sell side firms assist asset owners and help them meet their requirements to return capital?
 Ken Chee
Ken Chee
Portfolio Manager and Trader
STRS Ohio
Ken Chee, CFA  professional with over 25 years of experience. His expertise includes international equity portfolio management, FX trading, hedging and execution, equity swap execution, derivative hedging strategies formulation, risk management, emerging market stocks selection, and external investment managers selection.

As a Por
...[Read More]

 Chung Ma
Chung Ma
Portfolio Manager
Virginia Retirement System
Mr. Ma is a Portfolio Manager at the Virginia Retirement System (VRS). His responsibilities include portfolio management, quantitative research, and risk modeling. Specifically, he manages an Emerging Markets equity strategy and leads the Currency Management Team. Chung joined the VRS in 2013 after serving as a Portfolio Manager at AllianceBerns ...[Read More]

 Michael Melvin
Michael Melvin
Professor
Rady School of Management
Michael Melvin joined the Rady School in 2016 to teach and coordinate the new Master of Finance program. Prior to his return to academia, he spent many years at BlackRock and Barclays Global Investors (BGI). At BlackRock and BGI, he led research-oriented currency and fixed income investment teams. Most recently he was a Managing Director in the Mu ...[Read More]

 Alison Romano
Alison Romano
Senior Investment Officer
State Board of Administration for Florida
Alison Romano currently serves as Senior Investment Officer, Global Equity at the Florida State Board of Administration (SBA). In that role she is responsible for directing the investment of over $80 billion in active and passive strategies across all regions of the globe. She leads the asset class team in the management of internal funds and sel ...[Read More]

10:40 AM Morning Refreshment Break

Track A: Building A Strong Internal Structure

11:20 AM Gaining the information edge- How can you improve your access to FX market data to satisfy your best execution obligations?

Moderated By:
Brad Bailey
, Research Director, Celent

John Rawlins, Trader, CPO research

Franz Schmidpeter, Managing Director, Cürex Group

  • How can you incorporate data analytics from other asset classes and bring this into a fragmented FX world?
  • Where can you find market data and how can you use it to understand the best times of day to trade, where the liquidity is and what quotes you need?
  • Data mining- How can you build your own data sets and then derive reliable statistical measures from this?
  • Pre trade to post trade- How can you get market color in an electronic world to make more informed trading decisions?
John Rawlins
Trader
CPO research

 Franz Schmidpeter
Franz Schmidpeter
Managing Director
Cürex Group
Franz Schmidpeter is a Managing Director of Cürex Group. Franz’s focus at Cürex is on data services and business development. He has over 20 years of FX market experience with a concentration on all aspects of trading, as well as product development and client relations. Franz previously held a senior position at the European bank, HVB, was Country ...[Read More]

Moderated By:

 Brad Bailey
Brad Bailey
Research Director
Celent

Track B: Exploiting New Alpha Generation Strategies

Fireside Chat: Hedging your exposure - How can you best manage your FX hedging strategies in an unpredictable currency environment?

Moderated By:
John Bird
, Chief Operating Officer, Tixall Global Advisors

Jason Leinwand, Founder and CEO, FirstLine FX

  • To hedge or not to hedge- What investment vehicles are best suited to help with currency hedging in the current volatile market conditions?
  • FX hedging-What different strategies can you undertake to reap the benefits of your currency exposure?
  • Should you set up your own internal hedging policy or should this be done on an ad-hoc basis?
  • Bonds vs Equities- What asset class will drive FX more in 2017 and how should you manage your FX in relation to this?
 Jason Leinwand
Jason Leinwand
Founder and CEO
FirstLine FX
Jason Leinwand is the founder and CEO of FirstLine FX, a foreign currency advisory firm. His firm works closely with clients to quantify and mitigate their foreign currency risk. He has nearly 30 years of experience as a trader and global markets strategist in the currency markets. FirstLine FX was founded with the express purpose of providing inde ...[Read More]

Moderated By:

 John Bird
John Bird
Chief Operating Officer
Tixall Global Advisors
John N. Bird, Tixall Chief Operating Officer, has more than twenty years of experience in quantitative research, trading, client advisory and portfolio management, having held positions on both the sell and buy sides of the finance and investment industry.

John was a Managing Director at BofA/Merrill Lynch where he headed the Portfo
...[Read More]

Track A: Building A Strong Internal Structure

11:40 AM 360 Perspective: Front Office Talent- What skillsets are essential when running successful FX trading teams in electronic markets?

Moderated By:
Howard Tai
, Senior Analyst, Aite Group

Paul Aston, CEO, Tixall Global Advisors

Felix Adam, CEO, ACT Currency Partners

Francisco J Heredia, ., Independent Expert

Oscar Salem, Managing Partner, Investor Relations, Cold Spring Asset Management

  • How do the traditional FX trading approaches need to change in order to prosper in a new FX structure?
  • What expertise and technological know how is now needed on the buy side in increasingly electronic markets?
  • How is the impact of senior staff leaving and reduced risk appetite impacting the required skillsets of buy side traders?
  • Is increased technology usage leading to the disintermediation of relationships between the buy and sell side?
 Paul Aston
Paul Aston
CEO
Tixall Global Advisors
Paul has worked in the financial industry since 1994, specializing in quantitative finance for multi‐asset strategies, including currency. Throughout his career he has held positions on both the buy and sell sides of the industry, cultivating unique experiences, expertise and insights as a quantitative strategist, portfolio manager, trader and sale ...[Read More]

 Felix Adam
Felix Adam
CEO
ACT Currency Partners
Felix Adam is CEO and founder of ACT Currency Partner which is the Swiss currency expert. During his career in Citibank and J.P. Morgan, Felix gained in-depth experience in providing alpha with currencies. Since foundation in 1992, ACT served a variety of clients, such as asset managers, family offices and ultra-high-net-worth clients. The 24 years ...[Read More]

 Francisco J Heredia
Francisco J Heredia
.
Independent Expert
Senior financial services executive with broad experience in electronic foreign exchange. Exceptional track-record for establishing relationships in real-money institutional accounts in the U.S., Canada, Bermuda, and Latin America. From September 2011 until October of 2015 Mr. Heredia was a founding partner of Molten Markets, when the firm was sold ...[Read More]

 Oscar Salem
Oscar Salem
Managing Partner, Investor Relations
Cold Spring Asset Management

Moderated By:

 Howard Tai
Howard Tai
Senior Analyst
Aite Group
Howard Tai is a senior analyst with Aite Group, focusing on derivatives products, multi-asset class investment, and risk management strategies, as well as the role of electronic trading in currency, equity derivatives, convertible securities, and equities.

Mr. Tai brings to Aite Group more than 25 years of investment experience acro
...[Read More]

Track B: Exploiting New Alpha Generation Strategies

360 Perspective: The return of emerging markets in 2017- How to creatively fund your EM portfolio to generate returns for your investors

Ed Boyle, Global Macro Portfolio Manager, American Century Investments

Jae Lee, SVP, Emerging Markets Currency Strategist, TCW

Bradley Krom, Fixed Income Strategist, Wisdomtree Asset Management

Moderated By:
Paul Richards
, President, Medley Global Advisors

  • The Merging of EM and Developed markets- Are the boundaries between the two markets less distinctive with such a low rate environment? 
  • Chinese devaluation and Low US rates- How will these boost EM investments in 2017?
  • The future of EM- Can EM survive in slow global growth and remain a profitable haven?
  • EM divergence- Should you stop looking at EM as a total market and focus on good EM vs Bad EM. 
 Ed Boyle
Ed Boyle
Global Macro Portfolio Manager
American Century Investments
Edward Boyle is Vice President and Portfolio Manager for American Century Investments®, a premier investment manager headquartered in Kansas City, Missouri. He is based in the company's New York office.

Mr. Boyle is a member of the Rates and Currency Markets team within the firm's Fixed Income group. He also serves as a portfolio ma
...[Read More]

 Jae Lee
Jae Lee
SVP, Emerging Markets Currency Strategist
TCW
Mr. Lee is responsible for emerging markets currency strategy and trading. Prior to joining TCW, Mr. Lee was a Director at Standard Chartered Bank in New York, where he oversaw Asian foreign exchange trading. Before Standard Chartered, he was Head of Local Markets Trading in Asia for Commerzbank. Jae started his career at Bank of America Merrill Ly ...[Read More]

 Bradley Krom
Bradley Krom
Fixed Income Strategist
Wisdomtree Asset Management
Bradley Krom joined WisdomTree as a member of the Fixed Income and Currency team in December 2010. He is involved in creating and communicating WisdomTree’s thoughts on currency and fixed income markets, as well as analyzing existing and new fund strategies. Prior to joining WisdomTree, Bradley served as a senior trader on a proprietary trading des ...[Read More]

Moderated By:

 Paul Richards
Paul Richards
President
Medley Global Advisors
Paul Richards is the President of Medley Global Advisors, a pre-eminent independent macro research company owned by the Financial Times.

Originally from New Zealand Paul has spent 30 year in global financial markets including 20 years at UBS where he recently ran FX, Rates and Credit Sales in the Americas.

Passiona
...[Read More]

Networking Lunch

12:20 PM Networking Lunch

Women On Wall Street Think Tank

Women On Wall Street Think Tank: How can the FX industry better attract, develop and retain top female talent?

Jenifer Litwin, Senior Director, Head of Relationship Management

Lunch will be served during this session.
Jenifer Litwin
Senior Director
Head of Relationship Management

Capitalizing On New Trends
1:40 PM 360 Perspective: Debating the 4pm FIX - What are the pros and cons for trading at this benchmark?

John Bird, Chief Operating Officer, Tixall Global Advisors

Collin Crownover, Senior Managing Director, Head of Currency Management, State Street Global Advisors

Michael Melvin, Professor, Rady School of Management

Pete Eggleston, CEO, BestX

  • Changes to the benchmark- what have been the mechanical changes to the 4pm FIX and what else is to come to make this a safer, more reliable benchmark?
  • What are the alternatives to trading at the 4pm FIX and how can you realistically move away from this benchmark?
  • What benefits can trading at other times of the day bring with regards to pricing and liquidity?
  • Debate- Should the window be extended further to make it even less susceptible to price fixing or is 5 minutes sufficient? 
 John Bird
John Bird
Chief Operating Officer
Tixall Global Advisors
John N. Bird, Tixall Chief Operating Officer, has more than twenty years of experience in quantitative research, trading, client advisory and portfolio management, having held positions on both the sell and buy sides of the finance and investment industry.

John was a Managing Director at BofA/Merrill Lynch where he headed the Portfo
...[Read More]

 Collin Crownover
Collin Crownover
Senior Managing Director, Head of Currency Management
State Street Global Advisors

 Michael Melvin
Michael Melvin
Professor
Rady School of Management
Michael Melvin joined the Rady School in 2016 to teach and coordinate the new Master of Finance program. Prior to his return to academia, he spent many years at BlackRock and Barclays Global Investors (BGI). At BlackRock and BGI, he led research-oriented currency and fixed income investment teams. Most recently he was a Managing Director in the Mu ...[Read More]

Pete Eggleston was previously at Morgan Stanley, joining in August 2010 to set up the Quantitative Solutions & Innovations (QSI) team within the Fixed Income Division, a client-facing quantitative group that sought to add value to client investment processes through the delivery of TCA and execution analytics, algorithmic products and bespoke proje ...[Read More]

2:00 PM FX Shark Tank: Disruptive technologies- What are the next big breakthroughs you should expect from the FINTECH world?

Ed Boyle, Global Macro Portfolio Manager, American Century Investments

Michael Koegler, Principal, ViableMKTS

Brad Bailey, Research Director, Celent

Our final session at the 2017 edition of TradeTech FX USA will be designed by you. Throughout the two days, post a question regarding the biggest challenge you are currently facing to ensure it is addressed at the conference, and the most popular topics will be chosen by the audience for our panel of experts. Make the most of this unique opportunity to shape the agenda yourself. Our knowledgeable panel will provide expertise on:
  •  Execution
  •  Technology
  •  Strategy
  •  Market Structure
  •  Regulation

 Ed Boyle
Ed Boyle
Global Macro Portfolio Manager
American Century Investments
Edward Boyle is Vice President and Portfolio Manager for American Century Investments®, a premier investment manager headquartered in Kansas City, Missouri. He is based in the company's New York office.

Mr. Boyle is a member of the Rates and Currency Markets team within the firm's Fixed Income group. He also serves as a portfolio ma
...[Read More]

 Michael Koegler
Michael Koegler
Principal
ViableMKTS

 Brad Bailey
Brad Bailey
Research Director
Celent

2:30 PM FX Crystal Ball: How will capital markets evolve under a new Trump presidency and where will we be in 4 years time?

Moderated By:
Michael Melvin
, Professor, Rady School of Management

Michael Koegler, Principal, ViableMKTS

Paul Aston, CEO, Tixall Global Advisors

Aysu Secmen, Portfolio Manager, Koch Supply and Trading

Our final session at the 2017 edition of TradeTech FX USA will be designed by you. Throughout the two days, post a question regarding the biggest challenge you are currently facing to ensure it is addressed at the conference, and the most popular topics will be chosen by the audience for our panel of experts. Make the most of this unique opportunity to shape the agenda yourself. Our knowledgeable panel will provide expertise on:
  •  Execution
  •  Technology
  •  Strategy
  •  Market Structure
  •  Regulation

 Michael Koegler
Michael Koegler
Principal
ViableMKTS

 Paul Aston
Paul Aston
CEO
Tixall Global Advisors
Paul has worked in the financial industry since 1994, specializing in quantitative finance for multi‐asset strategies, including currency. Throughout his career he has held positions on both the buy and sell sides of the industry, cultivating unique experiences, expertise and insights as a quantitative strategist, portfolio manager, trader and sale ...[Read More]

 Aysu Secmen
Aysu Secmen
Portfolio Manager
Koch Supply and Trading
Aysu Secmen is a portfolio manager at Koch Supply & Trading, in charge of managing the currency portfolio, where she is blending systematic trading with discretionary decision making. Prior to joining Koch, Aysu spent 9 years at Citi, first as the global head of the Quantitative Investor Solutions team in Foreign Exchange, then as the North America ...[Read More]

Moderated By:

 Michael Melvin
Michael Melvin
Professor
Rady School of Management
Michael Melvin joined the Rady School in 2016 to teach and coordinate the new Master of Finance program. Prior to his return to academia, he spent many years at BlackRock and Barclays Global Investors (BGI). At BlackRock and BGI, he led research-oriented currency and fixed income investment teams. Most recently he was a Managing Director in the Mu ...[Read More]

3:10 PM Chairperson's Closing Remarks

Michael Melvin, Professor, Rady School of Management

 Michael Melvin
Michael Melvin
Professor
Rady School of Management
Michael Melvin joined the Rady School in 2016 to teach and coordinate the new Master of Finance program. Prior to his return to academia, he spent many years at BlackRock and Barclays Global Investors (BGI). At BlackRock and BGI, he led research-oriented currency and fixed income investment teams. Most recently he was a Managing Director in the Mu ...[Read More]

3:15 PM Conference Close