San Francisco, California
London, United Kingdom
The turbulence and aftermath of the financial crisis cast fixed income markets into uncharted waters. Traditional methodologies are providing stability, while innovative solutions are ushering in change. The resulting confluence will require banks, investors, and service providers to chart a new course as they seek to maintain balance and harmony in the financial markets’ most diverse ecosystem. #TABBfixed
11:00 am – 11:45 am – Registration & Networking
11:45 – 11:55 am – Welcome – Randy MacDonald, President & COO
11:55 – 12:15 pm – Opening Remarks – Anthony Perrotta, CEO
12:15 pm – 1:00 pm – Transparency: Panacea, Problem or Paranoia?
As illiquidity and the possibility of extreme volatility rise, regulators are increasingly mandating transparency regimes. While the market embraces the overall notion of transparency and price discovery as critical elements of risk transfer, the jury is out on the benefits of real-time pre-and post-trade pricing. What are the impacts of real-time transparency on market participants and market liquidity? Will increased mandates create a more robust trading environment, negatively alter the business of risk transfer, or simply create a lot of debate?
1:00 pm – 1:45 pm – Fireside Chat:Charting a New Course
Investors and banks are confronted with assessing, adapting, and moving forward in a fixed income world that is increasingly dynamic and challenging. TABB brings together leaders from both communities to discuss the most challenging issues for their businesses and the solutions that are needed to pave the road in the year ahead.
1:45 pm – 2:30 pm – The Right Stuff: Are Foreign Exchange Markets the Structural Template?
As the OTC fixed income market evolves, market participants often default to the equities market as a template for change. Interestingly, the FX market may be a more appropriate case study. Trading in currency markets has evolved significantly over the last decade, and the experience of trial and error presents the fixed income market with a valuable roadmap for the future.
2:30 – 3:00 pm – Networking Break
3:00 – 3:45 pm – Keynote Address
3:45 pm – 4:30 pm – Voice-driven Execution: No Retreat, No Surrender.
Electronification of OTC markets is steadily rising, driven by needs to become more efficient, reduce costs, comply with new regulatory standards, and scale businesses. Despite this trend, the majority of investor-initiated fixed income notional volume is executed utilizing voice-driven execution services or trading protocols. How is technology changing the voice-driven landscape and what does the future hold for those market participants who rely on the most intimate form of risk transfer?
4:30 pm – 5:15 pm – Blockchain: Innovative Solution or Fool’s Gold?
Necessity is the mother of invention, and no financial services invention has been more hotly debated over the past year than the concept of blockchain. What are the practical applications for this technological infrastructure in traditional OTC fixed income and currency markets? Is blockchain ready for the market and is the market ready for blockchain?
5:15 pm – Closing Remarks
5:30 pm - Cocktail Reception