Trading Amsterdam


Hotel Okura, Amsterdam , Netherlands

21 Mar 2019

 

Now in its 9th year, FOW Trading Amsterdam is the leading event for the Dutch algorithmic and proprietary trading community. 

The 9th annual edition of FOW Trading Amsterdam will be held at the Okura Hotel in Amsterdam on 21st March.

The event is aimed at asset managers, hedge funds and prop traders active in derivatives across the region. It will bring together industry leaders from The Netherlands and Europe to discuss the latest news, issues, opportunities and challenges in the market today.

The event is expected to have 250+ delegates, representing all layers of the financial stack.

 

If you have any questions about the event please contact Yasmin Okolo yasmin.okolo@globalinvestorgroup.com
To discuss sponsor options email Hanna DeBank hanna.debank@globalinvestorgroup.com.

 

 

 

 

Agenda


 

 

 08:15 Registration and Networking Break

 

09:00 Welcome Address
Louisa Chender,
Editor, FOW

 

09:05 Keynote Address
Gerben Everts,
Member of the Executive Board, AFM

 

09:25 Trading places: is market structure becoming too complex?

Mifid II spurred a shake-up of the traditional trading landscape with a surge of new venues, platforms and market models. What are the unintended
consequences of these rapid changes and what is in store for the future of execution?

  • How has the market adapted to the SI regime?
  • Are alternative platforms like RfQs adding value?
  • What are the pros and cons of speed bumps?
  • Has there been a loss of transparency in the equities markets?

Moderator: Luke Jeffs, Managing Editor, Global Investor Group

Speakers: 

Rick van Leeuwen, Head of Institutional Trading, IMC
Edward Monrad, Head of Business Development, Optiver
Simon Dove, Head, Liquidity Management, Tower Research Capital Europe
Clotilde Salmeron, Managing Director, MEFF, BME
Vincent Boquillon, Head of Liquidity Management, Markets & Global Sales, Euronext

 

10:15 Presentation – Phillip Futures: Global Gateway & Trading Infrastructure

Thair Hussain, Director, Global Sales, Phillip Futures
Manoj A. B. S., 
Head of IT, Phillip Futures

 

10:25 Coffee Break

 

10:55 Capital constraints: is there enough capital to support the industry?

As post-crisis reforms require firms to hold increasingly more funds back, capital has become one of the main constraints for derivatives businesses.
How will firms balance capital requirements with efforts to grow, and will some be forced to take a step back?

  • Where is the most capital being consumed?
  • What will the investment firm regulation mean for non-banks?
  • How are firms coping with CRR capital charges?
  • How will capital constraints change markets as we know them?
  • Is there enough left for growth and innovation?

Moderator: Piebe Teeboom, Secretary General, FIA Epta

Speakers: 

James Egan, Chief Commercial Officer Europe, ABN AMRO Clearing
Esther Vis-Osendarp, Head of Legal and Compliance, WEBB Traders
Massimo Giorgini, Head of Equities and Derivatives Markets Business Development, Borsa Italiana
Joshua Kretzmer, Vice President, Derivatives Clearing & Prime Brokerage Sales, J.P. Morgan

 

 

 

11:40 The new world of FX trading

The futurization trend is shifting towards the OTC FX space while political uncertainty has created demand for fixed income derivatives,
both creating fertile ground for new products and solutions to facilitate trading.

  • What is driving the trend toward futurization of FX?
  • Where are the biggest opportunities for market markets?
  • As exchanges broaden FX and Fixed Income offerings, is there now too much choice?
  • Is the FX Global Code enough to keep the markets in check?

 

Moderator: Louisa Chender, Editor, FOW

Speakers: 

Robbert Sijbrandij, Head of FX, Flow Traders
Paul Houston, Executive Director, Global Head of FX, CME
Patrick McBurney, Head of Global Investment Broking & Foreign Exchange, ADM Investor Services International Ltd

 

12:25 Ted Talk: How emerging markets can attract Global PTGS: the case of B3 Brazil
Sérgio Gullo, Chief Representative Officer, EMEA & Asia, B3

 

12:45 Lunch

 

13:45 OTC to CCP: what new risks have taken shape?

Post crisis reforms saw the central clearing of derivatives as a key tool to mitigate risk and the subsequent increased
cost of uncleared business is pushing more business into CCPs. Yet this has incited concerns about where the risks in the market are and
whether CCPs are too-big-to-fail and whether the centralisation of risk has created new problems.

  • What impact has Brexit had on clearing?
  • What are the biggest risks in the central clearing space?
  • Is there enough liquidity for clearing members to withstand a stress situation?
  • Do CCP risk management policies require further attention?

 

Moderator: Mark Croxon, Founder, Thames Bench Limited

Speakers:

Bill Stenning, Managing Director – Clearing, Regulatory, & Strategic Affairs, Societe Generale
Nick Chaudhry, Head of OTC Client Clearing, Commerzbank
Rafael Plata, 
Secretary General, European Association of CCP Clearing Houses (EACH)
Marcus Addison, Director – Head of Default Management, Eurex Clearing

 

14:30 ETFs: do we really understand the liquidity risks?

Exchange-traded fund markets have grown rapidly over the past few years, offering investors a low-cost way to gain exposure to an asset class, sector or region.
But with intra-day liquidity being provided in an ETF tracking an illiquid underlying, are the risks fully understood?

  • Is there enough liquidity to withstand market shock?
  • What ETF-related rules could we see policy makers introduce to mitigate liquidity risk?
  • How will the markets develop in comparison to other investment vehicles?

 

Moderator: Pete Osborne, Head of European Business Development, TMX

Speakers:

Kirst Kuipers, Managing Director, Head of iShares ETF & Index Investments, BlackRock
Jacco Verpoorte, Head of Institutional Trading, Flow Traders
Deborah Fuhr, Managing Partner, ETFGI
Rik Klerkx, Head of Portfolio & Treasury Management, Cardano

 

 

 15:15 Brexit: one week to go….

Hopefully with one week to go before the UK leaves the EU there will be more clarity on the future arrangements and how both EU and UK markets will adapt.
At present there isn’t much at all, forcing some firms to spend time and money preparing for the worst case scenario. Questions are very much open to change.

  • What impact has Brexit had on the Netherlands economy?
  • Has the bonus cap affected the type of business and leaders brought over from the UK?
  • How much have firms spent on Brexit?
  • Where are the opportunities?
  • What are the ongoing risks and concerns after exit-day?

 

Moderator: Richard Metcalfe, Head of Regulatory Affairs, WFE

Speakers: 

Robbert Booij, CEO, Europe, ABN AMRO Clearing
Sander van Leijenhorst, Program Manager Brexit, AFM
Carolyn Jackson, Partner, Katten Muchin Rosenman
Thomas Donegan, Partner, Shearman & Sterling

15:55 Coffee Break

 

16:25 Networking Roundtables

Join us for an informal and interactive session where you can network with speakers and delegates over a glass of champagne.

  • Eurex: The Future(s) of ESG
  • HKEx: Asia: a continent of opportunity
  • ABN AMRO: Disclosing China on-shore Future Markets
  • Brexit: One week to go

 

17:10 Drinks Reception

Speakers


 

 

Currently Confirmed:

Esther Vis-Osendarp, Head of Legal and Compliance, WEBB Traders
Robbert Booij, CEO ABN AMRO Clearing Europe, ABN AMRO Clearing Bank N.V. 
Robbert Sijbrandij, Head of FX, Flow Traders
Jacco Verpoorte, Head of Institutional Trading, Flow Traders
Louisa Chender,
Derivatives Editor, Global Investor Group
Edward Monrad, Head of Business Development, Optiver
Simon Dove, Head, Liquidity Management, Tower Research Capital Europe Ltd
James Egan, Chief Commercial Officer Europe, ABN AMRO Clearing
Rafael Plata, Secretary General, European Association of CCP Clearing Houses (EACH)
Mark Croxon, Founder, Thames Bench Limited
Sérgio Gullo, Chief Representative Officer, EMEA & Asia, B3
Carolyn Jackson,
Partner, Katten Muchin Rosenman UK LLP
Gerben Everts
, Member of the Executive Board, AFM
Kirst Kuipers,
Head of iShares ETF & Index Investments, BlackRock
Rick van Leeuwen, 
Head of Institutional Trading, IMC Financial Markets
Clotilde Salmeron,
General Director, MEFF Grupo BME
Piebe Teeboom, 
Secretary General, FIA European Principal Traders Association
Sander van Leijenhorst, 
Program Manager Brexit, AFM
Marcus Addison,
Head of Default Management, Eurex Clearing
Manoj A. B. S., 
Head of ITPhillip Futures
Thair Hussain,
Director Global SalesPhillip Futures
Massimo Giorgini, 
Head of Equity and Derivatives Markets Business Development Borsa Italiana, Borsa Italiana
Bill Stenning,
Managing Director - Clearing, Regulatory & Strategic Affairs, SocGen
Vincent Boquillon, ,
Head of Liquidity Management, Markets & Global Sales, Euronext
Patrick McBurney, Head of Global Investment Broking & Foreign Exchange, ADM Investor Services International Ltd
Pete Osborne, Head of European Equity Trading, TMX
Luke Jeffs, 
Managing Editor, Global Investor Group
Deborah Fuhr, Managing Partner, ETFGI
Joshua Kretzmer, Vice President, Derivatives Clearing & FX Prime Brokerage Sales, JP Morgan Chase & Co.
Rik Klerkx, Head of Portfolio & Treasury Management, Cardano
Paul Houston, Executive Director, Global Head of FX, CME Group
Joost Wokke, 
European Head of Relationship Management Principal Trading Groups, ABN AMRO
Nick Chaudhry, 
Head of OTC Client Clearing, Commerzbank
Richard Metcalfe, Head of Regulatory Affairs, World Federation of Exchanges (WFE)
Thomas Donegan, 
Partner, Shearman & Sterling



 

 

 

 

 

 




 

 

 

 

 

 

 

 

 

 

 

Platinum Sponsor


 

 

Euronext

 

 

Euronext is the leading pan-European exchange in the Eurozone, covering Belgium, France, Ireland, The Netherlands, Portugal and the UK. With 1,300 listed issuers worth
€3.4 trillion in market capitalisation at end December 2018, Euronext is an unmatched blue chip franchise with 24 issuers in the Morningstar® Eurozone 50 Index℠
and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets and is the largest centre
for debt and funds listings in the world. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties.
Its product offering includes equities, ETFs, warrants & certificates, bonds, indices and financial and commodity derivatives, including benchmark index futures and
options on the CAC 40 and AEX, single stock options and futures.

 

 

Gold Sponsor


 

ABN AMRO Clearing

 

 

ABN AMRO Clearing is recognised as a leading provider for integrated solutions in clearing, execution, custody, financing and risk management across asset classes, on
global financial markets.

Part of ABN AMRO Group, ABN AMRO Clearing has 11 offices globally employing more than 800 staff and processing over 18 million trades daily. ABN AMRO Clearing
services clients on 160+ exchanges, MTFs and FX liquidity centres.

ABN AMRO Clearing consistently ranks amongst the top 2 clearing firm on most relevant derivatives exchanges globally. ABN AMRO Clearing offers an integrated approach
to global transaction processing, with integrated risk management generating capital efficiencies for our clients.

The ABN AMRO Clearing service offering is tailored to service Principal Trading groups, Brokers, Energy and Commodity trading entities as well as to service Hedge Funds
that apply strategies in multiple asset classes based on CTA/Managed Futures; Relative Value Arbitrage, volatility and long/short positions. Our innovative services include
synthetic products and Risk Management of the investment portfolio based on correlation between asset classes. Investment firms particularly value our sound balance
sheet, a high level of asset protection and operational excellence.

 

Eurex

 

Eurex Exchange is one of the world’s leading derivatives exchanges, serving a growing global distribution network. It offers more than 2,000 products covering all major as
well as alternative asset classes. Our marketplace – based on innovative IT infrastructure – is gateway to the most heavily traded euro-denominated equity index and
fixed-income derivatives. As part of Eurex Group,  we provide access to a global liquidity network with daily trading volumes of around 7 million contracts. Eurex Exchange
uses Eurex Clearing, one of the leading central counterparties globally.

 

HKEX

 

Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups. Headquartered in Hong Kong, with offices in Mainland China, Singapore
and London, HKEX operates a range of equity, commodity, fixed income and currency markets. As Hong Kong’s only securities and derivatives exchange, the sole operator
of the city’s clearing houses, HKEX is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets. HKEX is also one of the world’s
premier initial public offering (IPO) centres, offering companies unrivalled opportunities to access growth capital through a Hong Kong listing.

HKEX is also the leader in the trading of industry metals through its wholly owned subsidiaries, London Metal Exchange (LME) and LME Clear. This commodity franchise
was further enhanced with the launch of Qianhai Mercantile Exchange, or QME, a new commodities trading venue in Mainland China, in 2018.

HKEX launched the ground-breaking Shanghai-Hong Kong Stock Connect programme in 2014, allowing international investors direct access to Mainland China’s stock
market for the first time. The scheme was expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.

With nearly 2,000 employees around the world, HKEX is committed to the provision of strong, stable and innovative markets, ongoing product and market innovation and
to connecting investors and companies around the world. 

 

TMX

 

 

TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets
including London, Beijing and Singapore. Its key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and
fixed income. Montréal Exchange (MX) is Canada’s derivatives exchange, owned and operated by TMX Group, offering retail and institutional investors futures and options
products across major asset classes, including interest rates, equities, FX, Canadian stock indices and repos, as well as clearing services. MX serves an important function
in the stability and viability of Canada’s financial markets. MX set a new overall volume record in 2017 with 96.3 million contracts traded, a 5% increase compared with
2016, led by strong growth in interest rate products. Follow us on Twitter: @TMXGroup and @MtlExchange

 

 

Silver Sponsor


 

Acuiti

 

 

Acuiti is a new business intelligence platform designed to provide senior executives with unparalleled insight into business operations and industry-wide performance.
Acuiti helps identify market trends, enhance decision-making and benchmark company performance. The platform anonymises and aggregates information from its
exclusive network of senior industry figures to provide insightful in-depth analysis.

The first product will be the Acuiti Derivatives Insight Report, which will launch in Q2 2019. Compiled monthly using data submitted anonymously by Acuiti’s network of hundreds of senior derivatives industry professionals, the Acuiti Derivatives Insight Report will provide insights into business performance, cost of operations, headcounts. staffing costs and other metrics.

To apply to join the network and participate in the Acuiti Derivatives Insight Report, visit acuiti.io

 



Avelacom 

 

Avelacom is a high-performance connectivity and IT infrastructure solutions provider for the financial services industry. Our ultra-low latency network links to
an impressive 80+ global trading venues and helps facilitate cross-border and multi-asset class trading across equity, commodity, FX, crypto, derivatives markets.
Avelacom’s solutions are designed, first and foremost, for market making and arbitrage strategies that are highly sensitive to latency, jitter and other data transfer
issues. We provide with contractually guaranteed latency and industry-leading 99,99% network uptime along with global coverage and points-of-presence around
emerging markets in particular (including China, the Middle East, Latin America). Our flagship products: ultra-low latency connectivity, co-location, direct market
data feeds & order routing, financial cloud, Infrastructure as a Service 

www.avelacom.com

B3

 

 

B3 is one of the world’s largest financial market infrastructure providers by market value. The services it offers range from exchange trading, clearing,depository, trade
repositoryand other post-trade services to registration of over-the-counter (OTC) transactions and of vehicle and real estate loans. We are committed to Brazil, our clients,
and constant development of the financial and capital markets.

 

 

Beeks Financial Cloud

 

Beeks Financial Cloud is a UK-based low-latency Infrastructure-as-a-Service (IaaS) provider for automated trading in Forex, Futures, Equities, Fixed income
and Cryptocurrency financial products. With eleven data centres globally (including popular hubs such as London, New York, Hong Kong and Singapore)
and low-latency connectivity between sites, the Beeks Financial Cloud focuses on reducing barriers to entry and time to market for institutional clients.

Beeks has over 200 pre-built cross-connects to financial venues and exchanges around the world, and also offer Hybrid Cloud Management Solutions.
Additionally, Beeks has a unique self-service Portal which allows customers to configure and order their own infrastructure.

 

 

BME

 

BME is the operator of all stock markets and financial systems in Spain and a listed company since 2006. It is organised into six business-units: Equities, Fixed Income,
Derivatives, Clearing, Settlement and Market Data & Value- Added Services. In the last few years it has become a reference in the sector in terms of solvency, efficiency
and profitability. BME offers a wide range of products, services and trading systems based on an advanced and stable proprietary technology. It also provides global
market access systems to issuers, intermediaries and investors in Europe, America and Africa.

 

 

 Borsa Italiana

 

 

Borsa Italiana is one of the major European stock exchanges which includes over 350 listed companies on its markets. It manages equity, bond and derivative markets.
Some of the main equity markets include:  MTA,( including the STAR segment),  AIM Italia, dedicated to small-medium businesses, and the MIV. Borsa Italiana also
manages the IDEM, ETFplus, MOT, ExtraMOT and ExtraMOT PRO markets. Borsa Italiana has been part of the London Stock Exchange Group since October 2007.
The Italian Derivatives Markets (IDEM), launched in 1994, is among the top European derivatives exchanges. Based on one of the most liquid equity markets in Europe,
around 144,000 contracts with a value equivalent to nearly  €5 bn are traded daily. IDEM is a hybrid market in which members are allowed to enter orders and submit IOIs,
while Market Makers play a constructive role in improving market liquidity and the efficiency of the price discovery process through their intense quoting activity.
More than 20 market making firms are active on the IDEM market, displaying bids and offers on a continuous basis or responding to requests for quotes. Thanks to CC&G,
our CCP, members of the IDEM market can benefit from a full range of CCP value-added services: • Cross-margining • Integrated guarantees • Full-STP www.borsaitaliana.it

 

 

CME Group

 

 

CME Group is the world's leading and most diverse derivatives marketplace, handling 3 billion contracts worth approximately $1 quadrillion annually (on average). The company provides a marketplace for buyers and sellers, bringing together individuals, companies and institutions that need to manage risk or that want to profit by accepting risk. Our exchanges - CME, CBOT, NYMEX and COMEX - offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, and through our CME Globex electronic trading platform. CME Group also offers a growing slate of cleared OTC products and services. Additionally, CME Group operates CME Clearing – one of the world's leading central counterparty clearing providers – which serves as the counterparty to every trade that happens in our markets.

 

Interxion

 

Interxion (NYSE: INXN) is a leading provider of carrier and cloud-neutral colocation data centre services in Europe, serving a wide range of customers through
50 data centres in 11 European countries. Interxion’s uniformly designed, energy efficient data centres offer customers extensive security and uptime for their
mission-critical applications. With over 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms across its
footprint, Interxion has created connectivity, cloud, content and finance hubs that foster growing customer communities of interest. For more information, please
visit www.interxion.com.

 

 

Phillip Futures

Phillip Futures was established in 1983 as a member of PhillipCapital Group. We are one of the founding clearing members of Singapore Exchange Derivatives Trading 
(SGX-DT) and hold the Capital Markets Services Licence issued by the Monetary Authority of Singapore (MAS). Phillip Futures has since grown to become one of the
 region’s top brokerages for the trading of global futures, foreign exchange, energy, metals and commodity futures. Through our PhillipCapital Group network companies, 
we have enhanced direct-hub access into exchanges around the world, including BMD, CME, CBOT, NYMEX, COMEX, HKEx, ICDX, JPX, SGX, SMX, TFEX, APEX
offering you a large selection of trading products to meet your investment needs.

 

 

Shanghai ShanCe Technologies Company Ltd.

ShanCe is a professional FinTech company offering electronic trading infrastructure and services for equity and listed derivatives trading in China.
Our mission is to become and act as the leading technology and service provider for professional trading institutions and individuals.
We help our clients to stay focus on their strategy R&D and alpha generation, with the technical and operational overhead taken care by our expertise.

  • Highly customizable ultra-low latency market data solutions, timestamps with nanosecond precision
  • Securities and futures back-testing platform, seamlessly switch among historical simulation, live simulation and live trading environments
  • Support equity, futures and options trading
  • Industry proven, stable and high-performance platform
  • Low-latency channels and colocation into all stock and futures exchanges in China

For more information, please go to www.shancetech.com

 

 

Societe Generale

 

 

Societe Generale Corporate & Investment Banking
At the core of Societe Generale’s diversified and integrated banking business model, the Corporate & Investment Bank is a leading player with around 12,000 professionals
and a commercial offer in 37 countries, with extensive European coverage as well as representative offices in central and eastern Europe, the Middle East, Africa, the
Americas and the Asia-Pacific region.

Supporting its clients across various sectors, the Corporate & Investment Bank offers bespoke financial solutions combining innovation, advisory services and high execution
quality in four areas of expertise: investment banking, financing, capital markets and investor services.

  • For corporates, financial institutions, sovereigns and the public sector: providing strategic advisory services (M&A, debt, capital structure, and asset & liability
    management), capital market access to finance projects and hedging solutions especially in foreign exchange and fixed income.
  • For investors: offering adapted investment opportunities and reliable risk management solutions through its integrated platform delivering comprehensive
    access to markets (fixed income, credit, foreign exchange, commodity markets, equity and derivatives), as well as advisory services and financial engineering,
    high execution quality, forward-looking research, and extensive clearing and prime brokerage services.

 

 

Xinhu Futures

 

Founded in 1995 and headquartered in Shanghai, Xinhu Futures has more than 500 employees and operates 26 branches located throughout China, as well as one
risk management business subsidiary and a global business subsidiary based in Hong Kong.

Xinhu Futures is a comprehensive futures company with full licenses which regulated by China Securities Regulatory Commission (CSRC). We are the clearing member
of the Dalian Commodity Exchange (DCE), Zhengzhou Commodity Exchange (ZCE), Shanghai Futures Exchange (SHFE) and Shanghai International Energy Exchange (INE).
Xinhu Futures is also the general clearing member of China Financial Futures Exchange (CFFEX).

新湖期货有限公司成立于1995年,总部位于中国上海。公司拥有500多名员工,在全国设有26家分支机构。另有一家风险管理业务子公司及位于香港的全球业务子公司。
新湖期货是一家综合类的全牌照A类期货公司,受到中国证监会的监管。我们是大连商品交易所、郑州商品交易所、上海期货交易所、上海国际能源交易中心会员,
中国金融期货交易所全面结算会员。


Media Partners


 

CryptoAcademy.nl is the #1 Dutch Crypto Trading & ICO Community. We believe that Cryptocurrencies and Blockchain technology can contribute to a better life for
people and a more sustainable planet. With our long trading experience we help people to avoid pitfalls and to obtain good results with crypto trading and ICO investing.

 

 

Venue


 

Hotel Okura Amsterdam

Ferdinand Bolstraat 333

1072 LH Amsterdam

Netherlands