San Francisco, California
London, United Kingdom
High frequency trading, now accounting for more than half of US equity volume, remains a source of debate. Although a definition for this controversial practice eludes both the industry and its regulators, most agree that it involves the use of sophisticated technology to exploit price disparities within fractions of a second. The race to trade at nearly the speed of light, ultimately comes down to who has the fastest computer, giving an unfair advantage to firms that invest capital into expensive infrastructure.
Allegedly, HFT narrows spreads, reduces investors’ costs, provides liquidity and contributes to the efficiency of markets. On the other hand, some accuse it of increasing market volatility and creating systemic risk. Moreover, following the 2010 Flash Crash and Knight Capital’s $460m trading loss in 2012 (resulting from a software glitch), regulatory concerns have been raised.
What are the implications of regulating HFT? What are the challenges? What should be done?
Join us for an exciting debate on high frequency trading followed by exclusive networking opportunity.
Note: Due to high demand, the event venue has been changed from Chandler G10 to Roberts Sir Ambrose Fleming LT and shifted back by an hour.
- Remco Lenterman – Managing Director of IMC, one of the worlds largest proprietary trading firms and ex-Head of European Equities Trading at Goldman Sachs.
- Savvas Savouri – Chief Economist and Fund Manager at Toscafund, a London based Hedge Fund.
- Heather Leonard – Ex-Senior Managing Director at Harbert Management, a US based Hedge Fund.
When & Where
UCL Financial Industry Series
UCL FINDS (Financial Industry Series) is a student-run forum that organises high-impact conferences, debates and talks on financial topics. We were founded in December 2010 with the purpose of providing students and professionals alike with the opportunity to look into the latest topics within the financial industry. Attendees can develop not only a comprehensive understanding of the field but also benefit from unique networking opportunities.
In the past, our events have met great demand from students at UCL and other top UK universities as well as from professionals within the industry. In order to make our events accessible to as many students as possible and to maintain the high standard that we strive towards, we count on the support of our partners.
As a UCL-approved institution, we endeavour to promote our university and to build and maintain strong relationships with firms within the industry.