Edgar Perez, Presenter at HFT Conference in New York, Advocating High-frequency Regulation

Edgar Perez, Author, The Speed Traders

Edgar Perez, Author, The Speed Traders

Edgar Perez, author of The Speed Traders and speaker at High-frequency Trading Leaders Forum 2013 New York City, claims that wrongdoing in the financial markets has existed long before the advent of high-frequency trading, and it will always be a part of financial markets. High-frequency trading is simply a tool; it can be positive or negative for investors and markets. To maximize the benefit and minimize the downsides, he says, regulators need to catch up with the technology.

“High-frequency trading has been under a microscope since the infamous “flash crash” in 2010. Let’s remember, though: The market rebounded that day almost as fast as it fell, and regulators ultimately determined that the crash was initiated by human error. But many in the financial sector and in government were uncomfortable at the thought that high-frequency trading programs could vaporize huge amounts of equity in a matter of minutes.”

Perez is widely regarded as the preeminent global expert in the specialized area of high-frequency trading. He is author of The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), in Mandarin byChina Financial Publishing House (2012) and currently being translated into Bahasa Indonesia. He is course director of The Speed Traders Workshop 2012, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai, Jakarta, London, Mexico City, Moscow, Ho Chi Minh, New York, Dubai and Chicago), and was Adjunct Professor at the Polytechnic Institute of New York University, where he taught Algorithmic Trading and High-Frequency Finance.

Read More

About these ads
This entry was posted in CFTC, Equity Markets, Flash Crash, High Frequency Trading, Regulatory Updates and tagged , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

One Response to Edgar Perez, Presenter at HFT Conference in New York, Advocating High-frequency Regulation

  1. Pingback: Edgar Perez, Presenter at HFT Conference in New York, Advocating High-frequency Regulation

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s