China’s financial capital will be hosting the first ever dedicated conference on Quantitative and High Frequency Trading.
The event known as “Inaugural Quant Invest & HFT Summit APAC 2011” will be held at the renowned Crowne Plaza Hotel, Shanghai on the 7th till 9th December 2011.
China has been developing its capital markets over the last twenty years.Shanghai Stock Exchange, the countries largest bourse, is the world’s 5th largest stock market by market capitalization at US$2.7 trillion as of Dec 2010.
Although Japan and Singapore have been the financial centres of Asia Pacific, China is making its fame with news of more ‘foreign investor’ involvement and free movement of the yuan.
Furthermore, China will let domestic brokerage firms return to international futures markets for the first time in 17 years, China’s securities regulator selected China International Futures Co., the country’s largest futures brokerage by trading volume; Cofco Futures Co.; and Yongan Futures Co. to participate in the trial.
The stock market had a turbulent last few years, in 2006 the SSE (Shanghai Stock Exchange) resumed full operation after a year long ban on IPOs was lifted. However this did not prevent the world’s second largest (US$21.9 billion) IPO to launch by the Industrial and Commercial Bank of China (ICBC).
During the global credit crisis; there was a “stock market frenzy” as speculative traders rushed into the market, making China’s stock exchange temporarily the world’s second largest in terms of turnover valued at $3.21 trillion. After reaching an all-time high of 6,124.044 points on October 16, 2007,the benchmark Shanghai Composite Index ended 2008 down a record 65% mainly due to the impact of the global economic crisis which started in mid-2008.
The December event will be a great opportunity to discuss and understand the evolving Quantitative and High Frequency Trading environment.
Crucial for the asset management industry which is only finding its feet in the last decade. Current estimates suggest China’s asset management industry has around $392 bln under management, based on a report written by Z Ben Advisors, a Shanghai-based consultancy firm.
This event will attract more than 200 high-level executives from Hedge Funds, CTA’s, Asset Management Companies, Institutional Investors, Traders, Family Offices, HNWI, Exchanges, Brokers as well as Financial Technology Companies of Algorithmic Trading, Low Latency, Trade Data, Co-location and Proximity Hosting.
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In 2010, China’s GDP was valued at $5.87 trillion, surpassed Japan’s $5.47 trillion, and became the world’s second largest economy after the U.S. China could become the world’s largest economy (by nominal GDP) sometime as early as 2020.
Forex Magnates will be following this event and reporting with updates before and after the event.
This event will give visitors a deeper understanding of;
- Latest development of quant investment in US and European Market
- Exploring the market potential of APAC countries for quant investment and HFT
- Hearing form Investor’s perspective of quant fund and strategy
- Gaining insight into HFT, trading data and venue technologies
- Optimizing your portofolio with latest investment and risk management strategies
- Learning from global leading quant players’ investment experience across US and Europe
- Mastering quant modelling and back testing techniques Networking with 200+ institutional investors, quant fund managers, traders, exchanges, private banking, family office, and HNW Individuals.
For more detail, please contact their team on;
Event Website: http://www.quantinvestasia.com
Terry will be available to discuss any questions via the comments section.