Golden Networking

High Frequency Traders Not to Blame for Recent Flash Crash

High-Frequency Trading Leaders Forum Singapore, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", November 21-23.

 

New York, NY -- (SBWIRE) -- 10/21/2011 -- High-Frequency Trading Leaders Forum is the exclusive forum that no Singapore speed trader can afford to miss. High Frequency Trading Leaders Forum Singapore, November 21-23, 2012, will provide attendee’s with the most up-to-date overview of developments and insights to build a competitive advantage in high frequency trading.

While high frequency trading continues to expand in Asia, many cautious investors in the trading centers of Asia remain skeptical. High frequency traders have received a lot of flak for being the principal instigators of the May 2010 United States flash crash, when the Dow Jones plunged nine percent in minutes. However, speed traders are not to blame for a recent smaller flash crash in Germany.

According to a recent report from The Wall Street Journal’s Jacob Bunge, Germany's main exchange operator has found that a miniature "flash crash" in late August—in which stock-index futures dived 4% before recovering in a matter of minutes—was simply the result of a barrage of selling by financial institutions, and not the handiwork of superfast computerized traders.

So-called high-frequency trading firms drew suspicions following the gyration, but an internal report by German exchange operator Deutsche Börse AG, completed this month but not widely circulated, determined that such participants' rapid buying and selling actually helped absorb some of the market shock.

High Frequency Trading Leaders Forum 2011 Singapore, Hong Kong, Sao Paulo, New York and Chicago, is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Upcoming Golden Networking's Forums and Business Receptions include:

• Private Equity Happy Hour New York (http://pehappyhour.com), October 18, New York

• China Happy Hour New York (http://www.chinahappyhour.com), October 25, New York

• High Frequency Trading Happy Hour Chicago (http://hfthappyhourchicago.eventbrite.com), October 25, Chicago

• High Frequency Trading Happy Hour Hong Kong (http://hfthappyhourhongkong.eventbrite.com), October 27, Hong Kong

• High Frequency Trading Happy Hour Singapore (http://hfthappyhoursingapore.eventbrite.com), October 27, Singapore

• Venture Capital Happy Hour New York (http://www.vchappyhour.com), November 1, New York City

• High Frequency Trading Happy Hour London (http://hfthappyhourlondon.eventbrite.com), November 3, London

• Hedge Funds Happy Hour New York (http://www.hfhappyhour.com), November 8, New York City

• High Frequency Trading Happy Hour New York (http://www.hfthappyhour.com), November 8, New York City

• The Speed Traders Workshop 2011 Singapore, "The Present and Future of High Frequency Trading" (http://thespeedtradersworkshopsingapore.eventbrite.com), November 13, Singapore

• High Frequency Trading Leaders Forum 2011 Singapore, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumsingapore.eventbrite.com), November 13-15, Singapore

• The Speed Traders Workshop 2011 Hong Kong, "The Present and Future of High Frequency Trading" (http://thespeedtradersworkshophk.eventbrite.com), December 12, Hong Kong

• High Frequency Trading Leaders Forum 2011 Hong Kong , "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumhongkong.eventbrite.com), December, 12-14, Hong Kong

• The Speed Traders Workshop 2011 Sao Paulo, "The Present and Future of High Frequency Trading" (http://thespeedtradersworkshopsaopaulo.eventbrite.com), February 1, Sao Paulo

• High Frequency Trading Leaders Forum 2011 Sao Paulo, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World" (http://hftleadersforumsaopaulo.eventbrite.com), February 1-3, Sao Paulo, Brazil

Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:

• High Frequency Trading Leaders Forum 2011 DVD Video Package, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", http://www.HFTLeadersForum.com

• High Frequency Trading Experts Workshop DVD Video Package, "Practical Implementation of High Frequency Trading Strategies", http://www.HFTExpertsWorkshop.com

• 2nd China Leaders Forum DVD Video Package, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?", http://www.ChinaLeadersForum.com

• Distressed Investing Experts Forum 2010 DVD Video Package, "Analyzing and Valuing Distressed Companies, Securities and Real Estate", http://www.DistressedInvestingExpertsForum.com

• Derivatives Leaders Forum 2010 DVD Video Package, "Strategies for Increasing Profits under an Evolving Regulatory Framework", http://www.DerivativesLeadersForum.com

• High Frequency Trading Leaders Forum 2010 DVD Video Package, "Innovating and Profiting from High Frequency Trading in 2010 and Beyond", http://www.HFTLeadersForum.com

• Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", http://www.HedgeFundsLeadersForum.com

• High Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High Frequency Trading Operation", http://www.HFTExpertsForum.com

• Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", http://www.DistressedInvestingLeadersForum.com

• China Leaders Forum 2009 DVD Video Package, "Addressing the Challenges Posed by the Present Wave of Chinese Globalization", http://www.ChinaLeadersForum.com

• Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", http://www.DistressedInvestingLeadersForum.com

Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections", Los Angeles Times, "Speed-addicted traders dominate today's stock market", Reuters, "Revamp looms as trading experts huddle at SEC" and Columbia Business School's Hermes Alumni Magazine, "10 Under 10".