Why Stock Market Not Rigged by High-frequency Trading at The Speed Traders Workshop 201

Edgar Perez, former McKinsey and IBM consultant, is a global expert, author of The Speed Traders, Knightmare on all Street, and the course director of The Speed Traders or!shop, "#o$ Ban!s, #edge and Mutual %unds and Bro!ers Battle Mar!ets &'I((E)& by all Street&s &%lash Boys&, #igh*fre+uency Trading, Exchanges and )ar! Pools", in ,e$ -or! .ity, ashington )., Boston, Munich, /ondon, )ubai, Brussels, To!yo, Bei0ing and Shanghai1 Ne! "ork# N"# $S% &%pri' 2(# 201 ) -Michael Lewis, the famous Liar's Poker author, couldn't have timed Flash Boys better if he'd tried. His blockbuster new book about hi h-fre!uency tradin came out in a bla"e of #ublicity durin e$actly the same week as a little-known %all &treet com#any named 'irtu was scheduled to start marketin its initial #ublic offerin of shares, accordin to (euters' Feli$ &almon. For him, Flash Boys is una#olo etically #olemical) *he +ew ,ork *imes reviewed it twice on the day it came out, with -ndrew (oss &orkin callin it a .a make-your-blood-boil read. and /anet Maslin sayin that it .is uaranteed to make blood boil.. -ccordin to &almon, Lewis' #u nacious style is fine and ood-0ournalism should make you an ry. But the #roblem with Flash Boys, he claims, is that the demands that master storyteller Lewis makes of his narrative don't ali n well with the structural #roblems of HF* that Lewis the 0ournalist should want to e$#ose. *he result is that the eneral #ublic, after readin this book or watchin Lewis on 12 Minutes, will think that the scandal of HF* is that they're bein ri##ed off, and that the stock market is a scam. *he &#eed *raders %orksho#, .How Banks, Hed e and Mutual Funds and Brokers Battle Markets '(34456' by %all &treet's 'Flash Boys', Hi h-fre!uency *radin , 5$chan es and 6ark Pools. 7htt#)88www.thes#eedtradersworksho#.com9, demonstrates why neither of these statements is true. *he &#eed *raders %orksho# is the first and most com#rehensive initiation to the world of hi h-fre!uency tradin with 5d ar Pere", author of :ni htmare on %all &treet 7htt#)88www.kni htmareonwallstreet.com9, and will o#en the door to the secretive world of com#uteri"ed low-latency tradin , the most controversial form of investin today; in the name of #rotectin the al orithms they

have s#ent so much time #erfectin , s#eed traders almost never talk to the #ress and try to disclose as little as #ossible about how they o#erate. *he &#eed *raders %orksho#, to be held in +ew ,ork <ity, %ashin ton 6<, Boston, Munich, London, 6ubai, Brussels, *okyo, Bei0in and &han hai, covers the latest research currently available and reveals how hi h-fre!uency tradin #layers are o#eratin in lobal markets and drivin the develo#ment of electronic tradin at breakneck s#eeds from the =.&. and 5uro#e to /a#an, 3ndia, and Bra"il. *he .flash crash., the sus#ended B-*& 3P>, the botched Facebook 3P>, :ni ht <a#ital's tradin malfunction and +-&6-?'s Flash Free"e are 0ust a few of the milestones in the history of hi h-fre!uency tradin that will be dissected with #artici#ants. Mr. Pere" has been en a ed to #resent at the <ouncil on Forei n (elations, 'adym Hetman :yiv +ational 5conomic =niversity 7:iev9, ?uant 3nvestment @ HF* &ummit -P-< A2BA 7&han hai9, =.&. &ecurities and 5$chan e <ommission 7%ashin ton 6<9, <F- &in a#ore, Hon :on &ecurities 3nstitute, <ourant 3nstitute of Mathematical &ciences at +ew ,ork =niversity, =niversity of 3nternational Business and 5conomics 7Bei0in 9, Hult 3nternational Business &chool 7London and &han hai9 and Pace =niversity 7+ew ,ork9, amon other #ublic and #rivate institutions. 3n addition, Mr. Pere" has s#oken at a number of lobal conferences, includin 3nside Market 6ata A2BC 7<hica o9, 5mer in Markets 3nvestments &ummit A2BC 7%arsaw9, <M5 4rou#'s 4lobal Financial Leadershi# <onference A2BA 7+a#les Beach9, Harvard Business &chool's 'enture <a#ital @ Private 5!uity <onference 7Boston9, Hi h-Fre!uency *radin Leaders Forum 7+ew ,ork, <hica o, London9, M3* &loan 3nvestment Mana ement <onference 7<ambrid e9, 3nstitutional 3nvestor's 4lobal 4rowth Markets Forum 7London9, *echnical -nalysis &ociety 7&in a#ore9, *rade*ech -sia 7&in a#ore9, F3D4lobal FaceAFace 7&eoul9 and Private 5!uity <onvention (ussia, <3& @ 5urasia 7London9. Mr. Pere" was a vice #resident at <iti rou#, a senior consultant at 3BM, and a strate y consultant at Mc:insey @ <o. in +ew ,ork <ity. Mr. Pere" has an under raduate de ree from =niversidad +acional de 3n enierEa, Lima, Peru 7BFFG9, a Master of -dministration from =niversidad 5&-+, Lima, Peru 7BFFH9 and a Master of Business -dministration from <olumbia Business &chool, +ew ,ork, with a dual ma0or in Finance and Mana ement 7A22A9. He belon s to the Beta 4amma &i ma honor society. Media *ontact+ /ulia Petrova Media (elations <oordinator :ni htmare on %all &treet IB-GBG-F>(=M&2 infoJkni htmareonwallstreet.com htt#)88www.kni htmareonwallstreet.com