P&l yearbook 2013

PROFIT & LOSS

EVENTS

2013

YEAR BOOK BOGOTA • MEXICO CITY • LONDON NEW YORK • TORONTO • COPENHAGEN RIO DE JANEIRO • SANTIAGO • SINGAPORE

OBRIGADO PELO SEU APOIO EM 2013 #1

#1

EMERGING MARKET PLATFORM 2013 GFI ForexMatchÂŽ 3URÄłW /RVV

FX OPTIONS REQUEST FOR STREAM 2013 GFI Direct 3URÄłW /RVV

#1

#1

#1

FX OPTIONS MATCHING PLATFORM 2013 GFI ForexMatchÂŽ 3URÄłW /RVV

FX OPTIONS RISK MANAGEMENT 2013 FENICSÂŽ 3URÄłW /RVV

FX INTERDEALER BROKER 2013 GFI Group 'HULYDWLYHV :HHN

#1

BROKER FOR CURRENCY OPTIONS 2013 GFI Group ); :HHN

Seu apoio nos da motivação para continuarmos a inovar, fornecer tecnologia de ponta e serviços que atendam as mudanças de estrutura do Mercado. Nós visamos sempre atender suas necessidades www.GFIgroup.com

ŠGFI Group Inc. 2013 7KLV DGYHUWLVHPHQW KDV EHHQ DSSURYHG E\ *), 6HFXULWLHV /WG ZKLFK LV UHJXODWHG E\ WKH )6$ LQ WKH 8. *), 6HFXULWLHV //& D ),15$ DQG 1)$ UHJXODWHG ijUP

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS EVENTS 2013 YEARBOOK Profit & Loss is pleased to present the 2013 Forex Network and FX Growth Markets yearbook. Profit & Loss began hosting industry conferences in January 2000 with a standing room only series in London and New York that looked at “What is e-FX?” and featured a “whoʼs who” of e-FX in those early days.

Over the past 14 years, our conference roster has grown to a dozen annual conferences, seminars and specialised workshops. In 2013, our annual Forex Network conferences in London, New York and Chicago drew record crowds, while our FX Growth Markets series drew growing participation across Latin America. Additional events in Singapore and Toronto were also very well received. We also held our first event in Copenhagen, with attendees from around the Scandinavian region.

Nearly 3,000 senior industry peers have joined us at conferences in Europe, Asia, North and South America throughout 2013.

Profit & Loss Forex Network Chicago in particular has gone from strength to strength, and is currently the largest annual event for the wholesale FX industry globally, drawing more than 600 people to our September conference.

We hope you enjoy this roundup of the year, and will join us in 2014 for what promises to be another year of challenges and opportunities in the FX industry.

Visit our website at www.profit-loss.com for programme, sponsorship and registration information for our 2014 events calendar.

TOP: LONDON BOTTOM LEFT: CHICAGO BOTTOM RIGHT: NEW YORK

www.profit-loss.com

1

PROFIT & LOSS EVENTS 2013 YEARBOOK

THANKS TO OUR ANNUAL FOREX NETWORK 2013 SPONSORS: FOREX NETWORK PLATINUM SPONSORS

FOREX NETWORK GOLD SPONSORS

FOREX NETWORK SILVER SPONSORS

FOREX NETWORK SUPPORTING SPONSORS

2

www.proямБt-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

THANKS TO OUR 2013 EVENT SPONSORS & PARTNERS:

www.proямБt-loss.com

3

PROFIT & LOSS EVENTS 2013 YEARBOOK

contents:

PROFIT & LOSS FX GROWTH MARKETS COLOMBIA 2013 BOGOTA, MARCH 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

PROFIT & LOSS FX GROWTH MARKETS MEXICO 2013 MEXICO CITY, MARCH 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

PROFIT & LOSS FOREX NETWORK LONDON 2013 LONDON, APRIL 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

THE PROFIT & LOSS DIGITAL FX AWARDS LONDON, APRIL 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

PROFIT & LOSS FOREX NETWORK NEW YORK 2013 NEW YORK, MAY 30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

P&LʼS READERSʼ CHOICE AWARDS & HALL OF FAME NEW YORK, MAY 30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 4

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

contents: PROFIT & LOSS FOREX NETWORK CANADA 2013 TORONTO, JUNE 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

PROFIT & LOSS FOREX NETWORK SCANDINAVIA 2013 COPENHAGEN, SEPTEMBER 12 . . . . . . . . . . . . . . . . . . . . . 26

PROFIT & LOSS FOREX NETWORK CHICAGO 2013 CHICAGO, SEPTEMBER 25-26 . . . . . . . . . . . . . . . . . . . . . . . 27

PROFIT & LOSS FX GROWTH MARKETS BRAZIL 2013 RIO DE JANEIRO, OCTOBER 17. . . . . . . . . . . . . . . . . . . . . . 30

PROFIT & LOSS FX GROWTH MARKETS CHILE 2013 SANTIAGO, OCTOBER 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

PROFIT & LOSS ASIA 2013 SINGAPORE, NOVEMBER 14 . . . . . . . . . . . . . . . . . . . . . . . . 32 6

www.proямБt-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FX GROWTH MARKETS

COLOMBIA 2013 BOGOTA, MARCH 5, 2013

Chairman’s Introduction

Opening Address

David Clark, Chairman, The Wholesale Markets Brokers’ Association

Daniel Castellanos, Vice President, Asobancaria

Session 1: “The Electronification of FX” Juan Carlos Escalera, Head of FI/FX, Specialist Latam North, Thomson Reuters • Felipe Trujillo, Head of Derivatives, Colombia Stock Exchange • Paul Millward, Head of FX E-Commerce, GFI Group • Dave Reid, Director, CitiFX Prime • Caio Blasco, Director of e-Commerce and e-Trading Latam, Deutsche Bank

Session 2: “Currency Wars” Greg Anderson, North America Head of G10 FX Strategy, Citi

8

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

Session 3: “Is EM the New G10?”

Gabriel Casillas, Ph.D, Managing Director, Chief Economist and Head of Research, Banorte • Alejandro Cuadrado, Executive Director - Latam FX Strategist, BBVA • Camilo Pérez Álvarez, Head of Economic Research, Banco de Bogotá • Daniel Niño, Economist, Pyxis Economica

Keynote Address: “Foreign Exchange Market and Regulation Developments” Juan Sebastián Rojas Moreno, Jefe Desarrollo De Mercados, Departamento De Operaciones Y Desarrollo De Mercados, Banco de la República

GFI's prize draw winner in Bogota Sara Hernandez - GFI, Flavia Fabianni - GFI, Miguel Ovalle - Acciones y valores, Paola Hurtado - GFI, Juliana Luna - GFI, Ana Maria Rodriguez - GFI

www.profit-loss.com

9

THANK YOU FOR YOUR SUPPORT IN 2013 Your backing motivates us to continue to innovate and provide the cutting-edge technology and services to address changing market structures, and to meet your needs.

#1

#1

EMERGING MARKET PLATFORM 2013 GFI ForexMatch® 3URijW /RVV

FX OPTIONS REQUEST FOR STREAM 2013 GFI Direct 3URijW /RVV

#1

#1

#1

FX OPTIONS MATCHING PLATFORM 2013 GFI ForexMatch® 3URijW /RVV

FX OPTIONS RISK MANAGEMENT 2013 FENICS® 3URijW /RVV

FX INTERDEALER BROKER 2013 GFI Group 'HULYDWLYHV :HHN

#1

BROKER FOR CURRENCY OPTIONS 2013 GFI Group ); :HHN

www.GFIgroup.com

©GFI Group Inc. 2013 7KLV DGYHUWLVHPHQW KDV EHHQ DSSURYHG E\ *), 6HFXULWLHV /WG ZKLFK LV UHJXODWHG E\ WKH )6$ LQ WKH 8. *), 6HFXULWLHV //& D ),15$ DQG 1)$ UHJXODWHG ijUP

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FX GROWTH MARKETS

MEXICO 2013 MEXICO CITY, MARCH 7

Session 1: “The Electronification of FX” Guillermo Camou, Director, MexDer, Scotiabank Global Banking and Markets • Paul Millward, Head of FX E-Commerce, GFI Group • Daniel Conte, CEO & COO, Americas, Member of Global Executive Board, 360 Trading Networks • Jorge Alegría, CEO, MexDer

Session 2: “Competitive Edge” Bradley Seelig, VP, Head of FX, Deutsche Bank • Matt O'Hara, SVP, Global Head of Business Development, Marketplaces, Thomson Reuters • Dave Reid, Director, CitiFX Prime • Robert Sanchez, Director, AMR FX Division, Rosenthal Collins Group

Session 3: “Currency Wars”

Session 4: “Is EM the New G10?”

Keynote Address:

Greg Anderson, North America Head of G10 FX Strategy, Citi

Gabriel Casillas, Ph.D, Managing Director, Chief Economist and Head of Research, Banorte • Luis Martins, Head of Foreign Exchange in Latin America, BBVA

Jaime Cortina, Director of Operations, Banco de Mexico

12

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

GFI prize draw in Mexico with Clare Tait, Juliana Di Giovanni and BBVA's Luis Martin.

www.proďŹ t-loss.com

13

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FOREX NETWORK

LONDON 2013 LONDON, APRIL 25

The Fireside Chat: Mike Cross, Head of the Foreign Exchange Division and Reserves Management, The Bank of England • David Clark, Chairman, The Wholesale Markets Brokers’ Association; Honorary President, ACI - The Financial Markets Association

Session 1: “Competitive Edge” Asif Razaq, Global Head of FX Algo Execution, BNP Paribas • Patrick Philpott, President, DealHub US • Jeremy Smart, Global Head of Electronic Distribution, RBS • Jonathan Wykes, Head of eFX Sales EMEA, Bank of America Merrill Lynch

Session 2: “Shakeout” Daniel Marcus, CEO, ParFX and Global Head of Strategy and Business Development, Tradition • Dmitri Galinov, CEO, FastMatch FX • David Mercer, CEO, LMAX Exchange • Derek Sammann, Senior Managing Director, Interest Rate and Foreign Exchange Products, CME Group • Darryl Hooker, Global Head of Emerging Market Sales, EBS • Simon Wilson-Taylor, President & CEO, Co-Founder, Molten Markets

14

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

Session 3: “Lessons Learned” James Kemp, Managing Director and Head, Global Foreign Exchange Trading, CIBC • Keith Tippell, Managing Director, Co-Head, FX Product Management and Business Development, MarkitSERV • John Miesner, Managing Director – Global Head of Sales, Knight/Hotspot FX LLC • Jake Smith, Head of Communications, CLS Group

The Forex Network Discussion: “New Paradigms” Gavin Wells, CEO ForexClear, LCH.Clearnet • Dr. Matt Woodhams, Head of E-Commerce - EMEA, GFI Group • Robin Poynder, Head of Pre-Trade Insight, Marketplaces, Thomson Reuters

The Forex Network Discussion: “Human Capital” Dave Reid, Director, CitiFX Prime • Gian-Luca Fetta, Global Head of FX, Société Générale Corporate & Investment Banking • Neil Price, Managing Partner, Michael Williams Associates

The Profit & Loss Hall of Fame Think-Tank: “Are the Best Days in FX Ahead of Us… or Behind Us?” Paul Chappell, 2010 Inductee, Profit & Loss Hall of Fame Jas Singh, 2009 Inductee, Profit & Loss Hall of Fame

www.profit-loss.com

15

PROFIT & LOSS EVENTS 2013 YEARBOOK

THE PROFIT & LOSS DIGITAL FX AWARDS “EYE ON THE CLIENT” LONDON, APRIL 25

16

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

www.proямБt-loss.com

17

PROFIT & LOSS EVENTS 2013 YEARBOOK

The 2013 Digital FX “Eye on the Client” Awards Listing Best Platform

Deutsche Bank Autobahn

Best FX Platform

Citi Velocity

2013 Profit & Loss Innovation Award

BNP Paribas

Best FX Options Platform

Citi

2013 Editor’s Choice Award

JP Morgan

P&L’s One to Watch in 2013

UBS

Best Mobile Platform

JP Morgan

Best Rates Platform

Royal Bank of Canada

Best Commodities Platform

Goldman Sachs

2013 Product of the Year

BARX Gator

Profit & Loss Market Mover

Morgan Stanley

Best Emerging Markets

Deutsche Bank

The Super Regional Award

Société Générale

Client Segment Awards Best Banks Platform

Nomura

Best Corporate Platform

Citi

Best Real Money Platform

JP Morgan

Best Leveraged Sector Platform

Barclays

Best Traders’ Platform

Goldman Sachs

Best Retail Platform

Citi FXPro

Services

18

2013 Post Trade Award

UBS

Best Execution

Credit Suisse AES

Algo Provider of the Year

BNP Paribas

Best Order Management

Deutsche Bank

Best Research Platform

Morgan Stanley

Best FX Prime Brokerage

Citi

Best Structured Products Platform

Barclays

Best Navigation

UBS

www.profit-loss.com

PROFIT & LOSS

EVENTS

2014

Global Market: Global Events

www.profit-loss.com Visit www.profit-loss.com for programme, sponsorship and registration information for our 2014 events calendar For information about P&L Events contact:

Michelle Hemstedt, Commercial Director Tel: + 44 (0)20 7382 0332, michelle@profit-loss.com

Cindy Loveday, Event Manager Tel: +44 (0) 20 7382 0335, cloveday@profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FOREX NETWORK

NEW YORK 2013 NEW YORK, MAY 30

Opening Address: “Managing Foreign Exchange Risks “ Anna Ng, Supervising Examiner/Team Leader, Cash & FX Settlement, The Federal Reserve Bank of New York

Session 1: “The Global Market” Javier Cosme, Head of Latin America FX Business Development, GFI Group • Craig LeVeille, Executive Director, FX Products, CME Group • Patrick Philpott, President, DealHub US • Robert Savage, Chief Strategist, Track.com

Session 2: “Competition” Chris Concannon, Partner, Virtu Financial • Alex Shterenberg, Head of E-FX Trading Americas, Bank of America Merrill Lynch • Ugur Arslan, Founder and CEO, Aien Capital LP (AienTech) • Daniel Osborne, Director, MarkitSERV • Matthew Fic, Executive Director, Head of eFX Sales, Americas, UBS

20

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

Session 3: “Shakeout” Gil Mandelzis, Chief Executive Officer, EBS • Simon Wilson-Taylor, President & CEO, Co-Founder, Molten Markets • David Mercer, CEO, LMAX Exchange • Dmitri Galinov, CEO, FastMatch FX • Philip Weisberg, Managing Director, Global Head of Foreign Exchange, Marketplaces, Thomson Reuters

The Forex Network Discussion: “Human Capital” James Sinclair, CEO, MarketFactory • Colin Lambert, Editor, Profit & Loss • Sanjay Madgavkar, Global Head of FX Prime Brokerage, Citi

Session 4: “Lessons Learned” Andy Coyne, CEO, Traiana • Mike Harris, President, Campbell & Company, Inc. • Rachael Hoey, Senior Managing Director, Head of Global Market Development, CLS Group • Andy Siciliano, Chairman & CEO, Elysium Technology Group

The Profit & Loss Hall of Fame Think-Tank: “Are the Best Days in FX Ahead of Us…or Behind Us?” Scott Brusso, 2011 Inductee, Profit & Loss Hall of Fame David Ogg, 2012 Inductee, Profit & Loss Hall of Fame Dave Schulz, 2011 Inductee, Profit & Loss Hall of Fame Philip Weisberg, 2011 Inductee, Profit & Loss Hall of Fame

www.profit-loss.com

21

PROFIT & LOSS EVENTS 2013 YEARBOOK

READERS’ CHOICE AWARDS & HALL OF FAME NEW YORK, MAY 30, 2013 On May 30 in New York, following Forex Network New York, the great and the good of the FX market gathered for the unveiling of the 2013 inductees to the Profit & Loss Hall of Fame and to congratulate the winners of the Readers’ Choice Awards for 2013 (aka, “The Foxys”).

This was the sixth year that Profit & Loss invited its readers to vote for excellence in the foreign exchange industry and more than 8,000 votes were registered.

22

www.profit-loss.com

PROFIT & LOSS EVENTS 2013 YEARBOOK

The 2013 Profit & Loss

Hall of Fame

Andy Coyne

Gil Mandelzis

“Pioneer of the modern prime brokerage marketplace”

“A significant contributor to market structure” PEOPLE’S CHOICE

David Puth

Fulinda Malone-Rouse

“A leader amongst his peers”

“One of the lynchpins of the FX market”

www.profit-loss.com

23

PROFIT & LOSS EVENTS 2013 YEARBOOK

P&L Readers’ Choice Awards – 2013 Customer Segments Best Platform for Corporates Banks 1. Citi 2. Barclays 3. Bank of America Merrill Lynch Non-Banks 1. FXall 2. 360T 3. Currenex

1. GFI ForexMatch 2. SurfacExchange 3. FX Bridge

Best Options Platform (Request for Stream) 1. GFI Direct 2. Digital Vega 3. Bloomberg

Best Order Management Banks 1. Citi 2. Deutsche Bank 3. The Royal Bank of Scotland Non-Banks 1. Barracuda FX 2. TwoFour 3. FXall

Best Market Data

Best Emerging Markets Platform

Best Platform for Hedge Funds Banks 1. Deutsche Bank 2. Citi 3. Barclays Non-Banks 1. Hotspot FX 2. Currenex 3. Bloomberg

Banks 1. Citi 2. Barclays 3. Deutsche Bank Non-Banks 1. GFI 2. FXall 3. Bloomberg

Best Multi-Asset Class Platform

Best Platform for Asset Managers Banks 1. JP Morgan 2. Bank of New York Mellon 3. UBS Non-Banks 1. FXConnect 2. FXall 3. CME

Banks 1. Deutsche Bank 2. Barclays 3. UBS

Banks 1. Citi 2. UBS 3. Barclays Non-Banks 1. EBS 2. Thomson Reuters 3. Hotspot FX

Best Margin Sector Platform Banks 1. CitiFXPro 2. Barclays 3. The Royal Bank of Scotland Non-Bank 1. LMAX Exchange 2. MahiFX 3. FXCM

Service Segments Best FX Platform (Matching) 1. EBS 2. LMAX Exchange 3. Thomson Reuters

Best FX Platform (Request for Stream) 1. FXall 2. Currenex 3. 360T

www.profit-loss.com

1. Thomson Reuters 2. Bloomberg 3. GFI

Best Research Portal Bank 1. UBS 2. JP Morgan 3. Societe Generale Non-Banks 1. Bloomberg 2. FX Street 3. FXCM

Non-Banks 1. CME Group 2. 360T 3. Bloomberg

Best Liquidity Aggregation Platform

Best Platform for Banks

24

Best Options Platform (Matching)

Banks 1. Barclays 2. The Royal Bank of Scotland 3. Credit Suisse Non-Banks 1. FlexTrade 2. LMAX Exchange 3. FXSpotStream

Best Algorithmic Execution Banks 1. Citi 2. BNP Paribas 3. Deutsche Bank Non-Banks 1. Bloomberg 2. LMAX Exchange 3. Progress Apama

The Digital Markets Innovators Award Bank 1. Barclays 2. Citi 3. The Royal Bank of Scotland Non-Banks 1. Traiana 2. ParFX 3. MarkitServ

Post Trade Best Post-Trade Provider Bank 1. UBS 2. Citi 3. HSBC Non-Banks 1. DealHub 2. Traiana 3. MarketServ

Connectivity Award 1. MarkitServ 2. DealHub 3. MarketFactory

Best FX Prime Brokerage Bank 1. Citi 2. Deutsche Bank 3. Rabobank Non-Banks 1. FC Stone 2. Newedge 3. Boston Technologies

Best Risk Management System 1. GFI 2. Murex 3. TwoFour

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FOREX NETWORK

CANADA 2013 TORONTO, JUNE 13

Session 1: “Globalisation vs Regionalisation” Alex Jurshevski, Managing Partner, Recovery Partners • Paul Ferley, Deputy Chief Economist, RBC • David Clark, Chairman, The Wholesale Markets Brokers’ Association

Patrick Philpott, President, DealHub US • Robert Savage, Chief Strategist, Track.com • Tom Rogers, Regional Business Manager, Marketplaces, Americas, Thomson Reuters • Greg Anderson, CFA, PhD, Global Head of FX Strategy, BMO Capital Markets • Javier Cosme, Head of Latin America FX Business Development, GFI Group

Session 2: “Competitive Edge”

The Profit & Loss Discussion: “Margin FX”

Jim Cochrane, Director, Analytics, ITG • James Sinclair, CEO & Co-Founder, MarketFactory • Rafael Quezada, Director, FX Prime Brokerage, Citi • David Clark, Chairman, The Wholesale Markets Brokers’ Association

Javier Paz, Senior Analyst, Aite Group • Sanjay Madgavkar, Global Head of FX Prime Brokerage, Citi • David Clark, Chairman, The Wholesale Markets Brokers’ Association

Fireside Chat

Session 3: “Shakeout” Bruce Wolf, Head of Bank and Broker Sales, EBS • Simon Wilson-Taylor, President & CEO Co-Founder, Molten Markets • Stamos Fokianos, Managing Director, Global Head of FIC eCommerce, RBC Capital Markets • Takis Spiropoulos, Head of e-Solutions Group, CIBC World Markets • David Clark, Cocktail Reception Chairman, The Wholesale Markets Brokers’ Association

www.profit-loss.com

25

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FOREX NETWORK

SCANDINAVIA 2013 COPENHAGEN, SEPTEMBER 12

Opening Address: Scandinavian Markets: Is Complacency the New Black?

Steen Jakobsen, Chief Investment Officer, Saxo Bank

Session 1: “The Global Stage: Spotlight on Scandinavia” Anders Eklöf, Chief FX Strategist, Swedbank • Steen Grøndahl, Head of Global Research, Nordea • Valentin Marinov, Director, Head of European G10 FX Strategy, CitiFX • Arne Lohmann Rasmussen, Chief Analyst, Head of Rates, FX & Commodities Strategy, Danske Bank • David Clark, Chairman, The Wholesale Markets Brokers’ Association

Panel 2: “The Electronification of FX”

Panel 3: “The 21st Century Relationship: Auditable Anonymity”

Steve Toland, Head of InterBank, LMAX Exchange • Chris Allen, Europe FXGO Sales Manager, Bloomberg LP • Paul Caplin, CEO, Caplin Systems • David Feltes, COO, CME Europe • David Holcombe, Head of FX Product Management, Nasdaq OMX • James Watson, Head of EMEA, FXall

Jonathan Wykes, Head of eFX Sales, EMEA, Bank of America Merrill Lynch • Niklas Karlsson, First Vice President, Global Head of FX Spot/Options & Flow, Danske Bank • Marcus Samuelsson, Portfolio Manager, Ericsson • David Clark, Chairman, The Wholesale Markets Brokers’ Association

Panel 5: “FX Prime Brokerage & Clearing: Picking the Right Partner” Panel 4: “Triple A: Aggregation, Algos, Aggravation” Alan Schwarz, CEO, FXSpotStream LLC • Asif Razaq, Global Head of FX Algo Execution, BNP Paribas • Svante Hedin, Head of Electronic Trading for FX & Commodities, SEB • Jonas Lundbek Hansen, Chief Analyst, Head of FX Algo Trading, Nordea • Robert Gray, Head of FX Sales, Dion Global Solutions

26

www.profit-loss.com

Noel Singh, Global Head of FX Prime Brokerage, SEB Merchant Bank • Steven French, Director of Product Marketing, Traiana • Paul Houston, Head of Global FX Clearing and EMEA FXPB, Deutsche Bank • Peter Klein, Global Head of FX PB and FX Clearing, Bank of America Merrill Lynch • Dave Reid, Director, CitiFX Prime

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FOREX NETWORK

CHICAGO 2013 CHICAGO, SEPTEMBER 2526

Keynote Speech Carol Clark, Senior Policy Specialist, The Federal Reserve Bank of Chicago

Panel 1: The Dodd-Frank Effect: Trading L-R: Tomas Zikas, Managing Director, Head of eRates, State Street Global Markets • Marek Robertson, Director, Global Head of BARX FX Sales, European Head of BARX Sales, Barclays • Stephen Flanagan, Executive Director, Global FX G10 eCommerce Risk Manager, JP Morgan

www.profit-loss.com

27

PROFIT & LOSS EVENTS 2013 YEARBOOK

Panel 3: The 21st Century Relationship: Auditable Anonymity L-R: Giovanni Pillitteri, Global Head of FX e-Trading, Morgan Stanley • Jeff Leal, Head of FX Panel 2: The Dodd-Frank Effect: Connectivity L-R: Steven French, Director of Product Strategy, Traiana • Patrick Philpott, President, DealHub US • e-Trading, Nomura • Jeremy Smart, Global Head of Electronic Distribution, RBS • Mike Harris, President, Campbell & Company Andrew McGuire, Director, LCH.Clearnet • Daniel Osborne, Director, Markit

Panel 4: Turf Wars: The Liquidity Impact L-R: Alan Schwarz , CEO, FXSpotStream • Liam Hudson, Global Head of FX e-Commerce, Bank of America Merrill Lynch • James Sinclair, CEO, MarketFactory • Eddie Wen, Managing Director, Global Head of FX eCommerce, JP Morgan • Simon Wilson-Taylor, President & CEO, Co-Founder, Molten Markets

Panel 5: Turf Wars: The Business Impact L-R: John Miesner, Managing Director, Global Head of Sales, KCG Hotspot • David Mercer, CEO, LMAX Exchange • Dan Torrey, Global Head of Non-Deliverable Forward Sales, EBS • Derek Sammann, Senior Managing Director, FX, Metals & Options Solutions, CME Group • Dmitri Galinov, CEO, FastMatch FX • Jim Kwiatkowski, Global Head of Transactions Sales, Marketplaces, Thomson Reuters

Panel 6: Achieving Scale: What’s the Right Mix? L-R: Ray McKenzie, Vice President US Marketing and Sales, ICE • Andy Siciliano, Chairman & CEO, Elysium Technology Group • Greg Cieply, Consultant • Erik Lehtis, Project Manager, Black Phoenix Research

28

www.profit-loss.com

Panel 7: The Future of FX Banking L-R: Bapi Maitra, MD, Global Head, FX Bank Sales / Global Head, FX Institutional e-Commerce Sales, Citigroup • Takis Spiropoulos, Head of e-Solutions Group, CIBC • John Bartter, Head of FX Institutional Platforms, Deutsche Bank

PROFIT & LOSS EVENTS 2013 YEARBOOK

Panel 8: Triple A: Aggregation, Algos, Aggravation L-R: Alex Shterenberg, Head of e-FX Trading Americas, Bank of America Merrill Lynch • Soren Haagensen, Managing Director, Head of E-Commerce, Americas, Société Générale • Chris Purves, Managing Director and Global Head of FX e-Trading, UBS • Asif Razaq, Global Head of FX Algo Execution, BNP Paribas • Harpal Sandhu, CEO, Integral Development Corp

Panel 9: The Profit & Loss Think Tank L-R: Sanjay Madgavkar, Global Head of FX Prime Brokerage, Citi • Andrés Choussy, Executive Director, The P&L Interview Co-Head OTC Clearing, JP Morgan • Edward Pla, Managing Director, Global Head of Execution and Andy Blocker, Managing Director, US Office of Public Policy, Federal Affairs Manager, UBS Clearing, UBS Investment Bank

www.profit-loss.com

29

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FX GROWTH MARKETS

BRAZIL 2013 RIO DE JANEIRO, OCTOBER 17

Session 1: “Is Brasil’s Economic Recovery at Risk?”

Chairman’s Introduction David Clark, Chairman, The Wholesale Markets Brokers’ Association; Honorary Past President, ACI – The Financial Markets Association

David Clark, Chairman, WMBA • Alberto Dwek, Consultant • Mauro Schneider, Strategist, Macroeconomics Analysis, CGD Securities • Walter Brandimarte, Senior FX Correspondent for Latin America and Markets Editor, Brasil, Thomson Reuters • Fabrício Oliveira, Head of Risk Management and Operations, Mirae Asset Global Investimentos

Session 2: Trading FX: Asset Class vs Hedging Tool Peter Braun, Global Head of OTC FX Options & Structured Products, INTL FCStone • Kieran Gartlan, Senior Director of International Market Development, CME Group

Session 3: Best Execution Caio Blasco, Director, FX E-Commerce & E-Trading for Latin America, Deutsche Bank • Carlos Areia, Founder & CEO, Phare Global Markets • Fred Allatt, FX E-Commerce and Prime Brokerage, INTL FCStone

30

www.profit-loss.com

Session 4: “The Crossover to Technology” Rafael Quezada, Director, Head of FX Prime Brokerage Sales for the Americas, Citi • Matt O'Hara, Senior Vice President, Global Head of Business Development, Marketplaces, Thomson Reuters • Brad Seelig, VP, Head of FX Prime Brokerage, Americas, Deutsche Bank

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS FX GROWTH MARKETS

CHILE 2013 SANTIAGO, OCTOBER 23

Chairman’s Introduction

Keynote Presentation

David Clark, Chairman, The Wholesale Markets Brokers’ Association; Honorary Past President, ACI – The Financial Markets Association

Pablo Pincheira, Senior Economist, Research Division, Central Bank of Chile

Session 1: “Is Chile’s Economic Recovery at Risk?”

Presentation: “Argentina: New Regulatory Developments for the Interbank Market and Early Stages of a Change”

Richard Cochinos, Head of Americas G10 FX Strategy, Citi Fernando Montalva, Head of FX Desk, Corpbanca Corredores de Bolsa S.A.

Sebastian Cordova-Moyano, Partner, Cordova Francos Gorbea D’Aiello Abogados, Argentina

Session 3: “The Crossover to Technology” Session 2: Trading FX: Asset Class vs Hedging Tool Miguel Medell-Ramos, Director Latinoamerica, Omega IGF

Matias Ferrari, Founder & CEO, Vol-Smart • Matt O'Hara, Senior Vice President, Global Head of Business Development, Marketplaces, Thomson Reuters • Moussa Kandalaf, Jefe de Sistemas de ForexChile

www.profit-loss.com

31

PROFIT & LOSS EVENTS 2013 YEARBOOK

PROFIT & LOSS

ASIA 2013

SINGAPORE, NOVEMBER 14

Opening Address

Chairman’s Introduction

Leong Sing Chiong, Assistant Managing Director, Development and International Group, Monetary Authority of Singapore (MAS)

David Clark, Chairman, The Wholesale Markets Brokers’ Association; Honorary Past President, ACI - The Financial Markets Association

Panel 2: “The New Market Landscape” Paul Scott, Global Head of eFX, Commerzbank AG • Gaurav Malhotra, Head of FX eTrading APAC, UBS • Martin Watson, Head, FX eTrading Asia-Pacific, Citi • Chris Soriano, Regional Sales Manager (Asia & Oceania), EBS

Panel 4: “Connecting the Dots” Rachael Hoey, Head of Asia, CLS • Jacqueline Liau, Global Head of FXPB & Asia Pacific Head of eFX, HSBC • Steven French, Director of Product Strategy, Traiana

32

www.profit-loss.com

Panel 1: “The Global Stage: Spotlight Asia Pacific” Ashley Davies, Senior Macro Strategist, Commerzbank • Todd Elmer, G10 FX Strategist, CitiFX • Thomas Harr, Standard Chartered Bank

Panel 3: “E-EM” Chris Knight, Head of eTrading (East) FX, Rates & Credit, Standard Chartered Bank • Jonathan Woodward, Head of Asia Pacific Sales, Transactions Sales, Thomson Reuters • Matthew Pollard, Head of Systematic EM FX Trading, Microsecond Trading Software • Jon Vollemaere, Founder and CEO, R5FX

Panel 5 : “OTC and the Exchange: The Future of FX in Asia?”

Andrew Cromie, VP, Head of Trading and Clearing Solutions for Asia Pacific ex-Japan, State Street • KC Lam, Director, International Sales, SGX • Malcolm Baker, Senior Director, FX Products, CME Group • Peter Tierney, CEO, DTCC Data Repository (Sing) Pte Ltd, Regional Head Asia - DTCC Deriv/SERV

PROFIT & LOSS EVENTS

FOREX NETWORK

Cocktail Reception at Forex Network Scandinavia, September 2013

Profit & Loss 2014 is Just Around the Corner Profit & Loss conferences feature unique views into the issues, developments and trends taking place in the FX industry.

P&L始s Forex Network and FX Growth Markets conferences provide insights into local market machinations, opportunities for growth through technology, knowledge and partnerships.

Profit & Loss events provide ideal platforms for international networking and establishing valuable working relationships.

Join us as a 2014 sponsor and become a part of the premier series of FX industry conferences for market participants around the world.

For further information about Forex Network Events, please contact: Michelle Hemstedt, Commercial Director: michelle@profit-loss.com Cindy Loveday, Event Manager: cloveday@profit-loss.com Diana Cardozo, Sales & Marketing: Diana@profit-loss.com

www.profit-loss.com

LE AGRADECEMOS SU CONTINUADO APOYO DURANTE 2013 #1

#1

EMERGING MARKET PLATFORM 2013 GFI ForexMatch® 3URijW /RVV

FX OPTIONS REQUEST FOR STREAM 2013 GFI Direct 3URijW /RVV

#1

#1

#1

FX OPTIONS MATCHING PLATFORM 2013 GFI ForexMatch® 3URijW /RVV

FX OPTIONS RISK MANAGEMENT 2013 FENICS® 3URijW /RVV

FX INTERDEALER BROKER 2013 GFI Group 'HULYDWLYHV :HHN

#1

BROKER FOR CURRENCY OPTIONS 2013 GFI Group ); :HHN

6X FRQijDQ]D HQ QRVRWURV QRV LPSXOVD D VHJXLU LQQRYDQGR \ D RIUHFHU WHFQRORJ¯D \ VHUYLFLRV GH SULPHUD SDUD UHVSRQGHU D ORV FRQVWDQWHV FDPELRV HQ ORV PHUFDGRV \ VDWLVIDFHU VXV QHFHVLGDGHV www.GFIgroup.com

©GFI Group Inc. 2013 7KLV DGYHUWLVHPHQW KDV EHHQ DSSURYHG E\ *), 6HFXULWLHV /WG ZKLFK LV UHJXODWHG E\ WKH )6$ LQ WKH 8. *), 6HFXULWLHV //& D ),15$ DQG 1)$ UHJXODWHG ijUP