FOW Derivatives Israel


Sheraton Hotel, Tel Aviv, Israel

06 Feb 2018

Now in its second year, FOW Israel brings together over 250 delegates primarily from the local algorithmic trading, banking and buyside community. 

If you have any questions about the event please contact Valerija Slavina valerija.slavina@globalinvestorgroup.com.
To discuss sponsor options email Hanna DeBank hanna.debank@globalinvestorgroup.com .

Agenda


 

 

08:30 Registration opens

(Morning coffee break and networking starts)

 

9:30 Opening remarks
Will Mitting,
Managing Director, Global Investor Group



9:40 Welcome address
Harvey Moses,
Head of Business Development, Marex Spectron Pro Trader

 

10:00 The international view: what’s hot in 2018?

We kick off with our regular panel bringing together some representatives from the international market to discuss global trends and how they see 2018 panning out. From interest rate rises to new products, this panel will set the scene for the year and introduce some of the themes of the event.

Moderator
Jerome Kemp, Global Head, Futures, Clearing, Collateral Management, Citigroup

Speakers
Max Butti,
Head of Business Development. LSEG
Eran Peleg, Partner, Chief Investment Officer, Clarity Capital KCPS
Bartosz Swidzinski, Head of Business Development, Erste Securities Polska
Matthew Judge,
Senior Director, Client Development & Sales, Proprietary Trading, CME Group

 

10:50 Coffee break

 

11:15 Presentation: Key network/IT infrastructure elements to succeed in Asia and other global venues with cross-market trading
Aleksey Larichev,
Founder and CEO, Avelacom

11:25 Trading volatility: if you list it, it will come

Despite seismic global political gyrations, Brexit, Trump, the threat of nuclear conflict in North Korea and more volatility has remained well below traditional market behaviour. But with the end of QE programmes in the West and potential shifts in Central Bank mediation in markets, volatility should return in 2018.

- Why has volatility been so depressed over the past three years?
- What is the outlook for Vol?
- Where is the liquidity in Vol trading?
- What new Vol products are coming locally and internationally?

Moderator
John Tornatore, Director Global Client Services, Cboe


Speakers
Philipp Schultze, Head Sell Side Relations Europe Equity&Index Derivatives, Eurex
Ilan Sterk, Head Of Global Trading Desk & FX, Bank of Jerusalem
Sander van Zelm, European Head Institutional Trading, Optiver
Adi Scop,
Investment Committee, Migdal Insurance


12:05 From speed to data and AI: the new edge in trading

Latency has long been the battle ground for trading firms with billions of dollars of investment in the fastest connections between financial centers. However, in the face of diminishing returns and the increased barrier to entry, trading firms are turning to big data and AI to get an edge.

- Is latency a commodity today?
- How are firms using big data to get ahead?
- What is artificial intelligence bringing to trading?
- What are the next trends of tech investment?

Moderator
Alon Braginsky, Head of trading, Inbar Group

Speakers
Russell Hart, Chief Operating Officer and Partner, Alcova Asset Management
Oded Ofek, Partner, M. Firon & Co. Advocates
Alastair Watson, EMEA Quant Solutions Execution, UBS

 


12:50 Lunch

14:00 One-on-one interview

Moderator
Will Mitting, Managing Director, Global Investor Group

Speaker
Atul Badkar,
Head Institutional Equity Derivatives, Edelweiss Capital

 

14:15 Asia: a continent of opportunity

While markets in the West have plateaued in recent years, a number of exchanges in Asia are booming with record volumes being set and international participation on the rise. This panel will look at new trading opportunities across Asia and how Israeli firms can access these fast growing markets.

- What is driving growth across Asia?
- What opportunities are there for Israeli firms in Asia?
- What challenges are there in accessing Asian markets?
- Will China open up any time soon?

Moderator
Will Mitting, Managing Director, Global Investor Group

Speakers
Lionel Friedfeld, CEO and Managing Director, Israel Asian Fund
Janice Kan,
Senior Vice President, Derivatives, Singapore Exchange
Christopher Lee,
Senior Vice President, Client & Marketing Services, HKEX
Martin Frewer,
Global Commercial Director, ABN AMRO Clearing

 

15:05 Cryptocurrencies: where is the market going?

The launch of bitcoin futures has been the most widely covered futures launch for decades. While there is no doubt huge opportunity in the volatility there are also risks of trading an asset class with little history or fundamentals. This panel will look at the development of cryptocurrencies as an asset class and ask where the market is going. 

- Where and how to trade cryptocurrency derivatives?
- Beyond Bitcoin: what’s next in the development of crypto derivatives?
- How to effectively risk manage trading in cryptocurrencies?
- What is the future of cryptocurrencies?

Moderator
Motti Peer,
Co-CEO, Blonde 2.0

Speakers
Meni Rosenfeld, Chairman, Israeli Bitcoin Association 
Eli Sklar, CTO, Bitcoin EmBassy 
Avishai Ziv, CEO, Alignment Blockchain Hub
John Tornatore, Director Global Client Services, Cboe 
Gavin Lee,
Senior Director, Head of Benchmark Services, CME Group

 

15:45 Coffee break

16:15 Mifid II and third country access: what you need to know

If you don’t think that the sweeping EU reforms within Mifid II impact your business, you need to attend this panel. The reality is that all firms will any activities in Europe will be caught up as the scope is expanded to third countries. This panel will help you understand the impact and costs for your business.

- What impact has the introduction of Mifid II had on liquidity?
- Who will be caught under Mifid II third country rules?
- Will Israeli firms need to establish and EU office to trade EU markets?
- What impact will Brexit have on access to London and Mifid II implementation?

Moderator
Julie Aelbrecht, Derivatives Editor, Global Investor Group

Speakers
Natalie Jacobs, Partner, Herzog Fox & Neeman 
David Woliner, Head of Financial Regulation, Nir Porat & Co.
Ariel Rosenberg,
Partner, Goldfarb Seligman & Co.
Conor Foley,
Global Head of Government Relations and Public Policy, Norton Rose Fulbright


17:00  Drinks Reception

 

 

 

 

Speakers


 

Julie  Aelbrecht,  Derivatives Editor, Global Investor Group
Atul Badkar, 
Head Institutional Equity Derivatives, Edelweiss Capital
Alon Braginsky,
Head of trading, Inbar Group
Max Butti, Head of Business Development,  LSEG
Conor Foley,
Global Head of Government Relations and Public Policy, Norton Rose Fulbright
Martin Frewer,
Global Commercial Director, ABN AMRO Clearing
Lionel Friedfeld, CEO & Managing Director, Israel Asian Fund
Russell Hart, COO & Partner, Alcova Asset Management
Natalie Jacobs, Partner, Herzog Fox & Neeman
Matthew Judge,
Senior Director, Client Development & Sales, Proprietary Trading, CME Group
Janice Kan,
Senior Vice President, Derivatives, Singapore Exchange
Jerome Kemp,
Global Head, Futures, Clearing, Collateral Management, Citigroup
Aleksey Larichev,
Founder and CEO, Avelacom
Christopher Lee,
Senior Vice President, Client & Marketing Services, HKEX
Gavin Lee,
Senior Director, Head of Benchmark Services, CME Group
William Mitting, Managing Director, Global Investor Group
Harvey Moses,  Head of Business Development,  Marex Spectron Pro Trader
Oded Ofek, Partner, M. Firon & Co. Advocates
Eran Peleg, CIO, Clarity Capital KCPS
Ariel Rosenberg, 
Partner, Goldfarb Seligman & Co.
Meni  Rosenfeld, Chairman,  Israeli Bitcoin Association
Philipp Schultze, Head Sell side relations Europe Equity & Index Derivatives, Eurex
Adi Scop,
Investment Committee, Migdal Insurance
Eli Sklar, CTO, Bitcoin EmBassy
Ilan Sterk, Head of Global Trading Desk & FX, Bank of Jerusalem
Bartosz Swidzinski, Head of Business Development,  Erste Securities Polska
John Tornatore, Director Global Client Services, Cboe
Alastair Watson,
EMEA Quant Solutions Execution, UBS
David  Woliner, 
Head of Financial Regulation, Nir Porat & Co
Sander van Zelm,  EuropeanHead Institutional Trading,  Optiver
Avishai Ziv,  CEO, Alignment Blockchain Hub

 

 

 

Sponsors


 

Platinum Sponsor

 

 

 
Marex Spectron PRO TRADER

 

Pro Trader is a leading provider of professional trader services.
 
We specialise in electronic trading of futures, providing direct electronic access (DEA) to the world’s derivatives exchanges, providing clearing and settlement services to our clients.
We pride ourselves on providing clients with their ideal trading environment, whether that be office based or remote.
Whilst our clients trade, we run their infrastructure: executing and settling trades; providing market access and data; and managing existing and developing new technologies.
Clients we facilitate include individual traders, teams of traders, proprietary trading groups, market makers, arcades, CTAs, algorithmic and high frequency traders.
We are a division of Marex Financial Limited (MFL) which is FCA regulated, General Clearing Member (GCM) to many exchanges, and the largest entity within the Marex Spectron Group.
We strive to maintain highly competitive pricing for the provision of “best-in-class” services, facilities and technology and offer bespoke packages depending on your business needs.

www.marexspectronprotrader.com 

 

Gold Sponsors

 

Avelacom

 

Avelacom is focusing on providing high-performance connectivity and IT infrastructure for global capital markets. We are renowned for the lowest latency numbers between exchanges in the US, Europe and APAC. We help to speed up access to new markets, gain a microsecond advantage and win more cross-market opportunities. We offer low latency connections between trading venues, co-location/server setup in proximity to matching engines, IT hardware and devices for rent, native market data feeds and order routing in real-time, financial cloud service to access multiple exchanges, brokers and software platforms. Our solutions are asset-neutral and can be applied for all types of equities and derivatives markets.

www.avelacom.com

 

 

CME Group

 

 

CME Group is the world's leading and most diverse derivatives marketplace, handling 3 billion contracts worth approximately $1 quadrillion annually (on average). The company provides a marketplace for buyers and sellers, bringing together individuals, companies and institutions that need to manage risk or that want to profit by accepting risk. Our exchanges - CME, CBOT, NYMEX and COMEX - offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, and through our CME Globex electronic trading platform. CME Group also offers a growing slate of cleared OTC products and services. Additionally, CME Group operates CME Clearing – one of the world's leading central counterparty clearing providers – which serves as the counterparty to every trade that happens in our markets.

 

Warsaw Stock Exhchange

 

 

 

The Warsaw Stock Exchange (GPW) is one of the fastest growing securities exchanges in Central and Eastern Europe. Almost 1,000 foreign and domestic issuers list on the GPW. The Warsaw Stock Exchange operates a regulated market for equities and derivatives, as well as NewConnect, a multilateral trading facility dedicated to small and medium enterprises. GPW is also developing Catalyst, a market for corporate and municipal bond issuers. The Polish Power Exchange (POLPX), a member of the GPW Capital Group since February 2012, offers trade in electricity, natural gas, property rights, guarantees of origin and CO2 emission allowances. Since 9 November 2010, GPW is a publicly traded company listed on Warsaw Stock Exchange. With over 25 years of modern-era experience, GPW is one of the most recognizable Polish financial institutions. For more information, visit http://www.gpw.pl.

 

 

ERSTE Securities Polska

 

 

Erste Securities Polska S.A.  (ESP) is a Polish operating hub of Erste Group Bank AG and the leading investment firm in Poland where we are present since 1995.  ESP serves domestic and international institutional clients combining local expertise on the Polish capital market with the regional outreach of Erste Group. ESP is a part of Erste regional equity platform stretching from Warsaw across Central and Eastern Europe down to Turkey. ESP offers wide range of brokerage and advisory services: equity, derivatives trading including index and stock arbitrage, post- trading services as GCM and settlement agent, access to in-depth research coverage as well as widely understood investment banking services from ECM and DCM advisory to access to M&A or infrastructure financing solutions. ESP is  a pioneer in electronic trading and market innovations and offers the best market access solutions always tailored to clients’ needs.

 

 

Eurex

 

Eurex Exchange is one of the world’s leading derivatives exchanges, serving a growing global distribution network. It offers more than 2,000 products covering all major
as well as alternative asset classes. Our marketplace – based on innovative IT infrastructure – is gateway to the most heavily traded euro-denominated equity index and
fixed-income derivatives. As part of Eurex Group,  we provide access to a global liquidity network with daily trading volumes of around 7 million contracts.
Eurex Exchange uses Eurex Clearing, one of the leading central counterparties globally.

 

Singapore Exchange

 

 

 

 

 

Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 75% of listed bonds originating outside of Singapore.

SGX is the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.

 

Silver Sponsors

 

B3

 

 

B3 is one of the world’s largest financial market infrastructure providers by market value. The services it offers range from exchange trading, clearing,depository, trade repositoryand other post-trade services to registration of over-the-counter (OTC) transactions and of vehicle and real estate loans. We are committed to Brazil, our clients, and constant development of the financial and capital markets.

 

 BCS Global Markets

 

 

 

BCS Global Markets is the Investment Banking division of BCS Financial Group. BCS Financial Group is a Russian financial service sector pioneer launching operations in 1995. BCS has a broad client base of over 140,000 that are serviced through a branch network of roughly 100 offices with over 3,000 people employees.

BCS is the broker of choice for trading Russian instruments with an absolute leadership position: since over 3 years, BCS has maintained its dominant trading position on the Moscow Exchange, capturing more than 25% of market share in Equities, Derivatives and FX.

BCS is also successfully expanding outside Russia and offers opportunities to finance International positions for liquid and illiquid hedge fund portfolios: its Global Markets Investment Banking division is focusing on providing market access, attractive leverage and margin offset models, competitive financing and securities lending and other ancillary Prime Brokerage services

 

Cboe

 

Cboe Global Markets, Inc. (“Cboe Global Markets” or “Cboe”) is one of the world’s largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. The company is committed to relentless innovation, connecting global markets with world-class technology, and providing seamless solutions that enhance the customer experience.

Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index), the world’s barometer for equity market volatility.

Cboe’s trading venues include the largest options exchange in the U.S. and the largest stock exchange by value traded in Europe. In addition, the company is the second-largest stock exchange operator in the U.S. and a leading market globally for ETP trading.

 

 

HKEX

From its home in the financial hub of Hong Kong and an additional base in London, HKEX provides world-class facilities for trading and clearing securities and derivatives in Equities, Commodities, Fixed Income and Currency.

It operates Hong Kong's only securities and derivatives exchanges as well as their three related clearing houses. It is also a leader in the trading and clearing of commodity derivatives through its subsidiaries, London Metal Exchange (LME) and LME Clear. In 2013, HKEX established an OTC derivatives clearing house in Hong Kong.

HKEX is a leader in China connectivity. It has been the largest offshore listing destination for Mainland Chinese companies for three decades. Trading and clearing infrastructure of HKEX markets is fully RMB-enabled, and HKEX has more offshore RMB products than any other exchange. HKEX launched the ground-breaking Shanghai-Hong Kong Stock Connect programme in 2014, allowing international investors to connect easily with Mainland China's stock market for the first time. The scheme is expanded with the launch of Shenzhen Connect in December 2016. www.hkex.com.hk

 

LSEG

 

 

London Stock Exchange Group is a global market infrastructure business focusing on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses which include London Stock Exchange, Borsa Italiana, FTSE Russell Indexes, MillenniumIT and LCH.

The Italian Derivatives Markets (IDEM), launched in 1994, is among the top European derivatives exchanges. Based on one of the most liquid equity markets in Europe, around 190,000 contracts with a value equivalent to €5.2bn are traded daily. IDEM is a hybrid market in which members are allowed to enter orders and submit IOIs, while Market Makers play a constructive role in improving market liquidity and the efficiency of the price discovery process through their intense quoting activity. More than 20 market making firms are active on the IDEM market, displaying bids and offers on a continuous basis or responding to requests for quotes.
Thanks to CC&G, our CCP, members of the IDEM market can benefit from a full range of CCP value-added services: • Cross-margining • Integrated guarantees • Full-STP

London Stock Exchange Derivatives Market (LSEDM) offer Member firms new and innovative products, alongside our leading international marketplace for Russian Depositary Receipts derivatives. LSEDM also operates a linked order book model with Oslo Børs for Norwegian products, and trading of futures and options on FTSE100 Index and UK single stock derivatives. Members can also gain exposure to Turkey by trading futures and options on the BIST30.
All LSEDM products are cleared at LCH Ltd.
Further information on London Stock Exchange Group can be found at
www.lseg.com

 

 

Montreal Exchange

 

 TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Beijing and Singapore. Its key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income.
Montréal Exchange (MX) is Canada’s derivatives exchange, owned and operated by TMX Group, offering retail and institutional investors futures and options products across major asset classes, including interest rates, equities, FX, Canadian stock indices and repos, as well as clearing services. MX serves an important function in the stability and viability of Canada’s financial markets.
MX set a new overall volume record in 2017 with 96.3 million contracts traded, a 5% increase compared with 2016, led by strong growth in interest rate products.
Follow us on Twitter: @TMXGroup and @MtlExchange

 

 

Norton Rose Fulbright

 

 

Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 4000 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

 

 

 

Phillip Futures

Phillip Futures was established in 1983 as a member of PhillipCapital Group. We are one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT) and hold the Capital Markets Services Licence issued by the Monetary Authority of Singapore (MAS). Phillip Futures has since grown to become one of the region’s top brokerages for the trading of global futures, foreign exchange, energy, metals and commodity futures.

 

Through our PhillipCapital Group network companies, we have enhanced direct-hub access into exchanges around the world, including BMD, CME, CBOT, NYMEX, COMEX, HKEx, ICDX, JPX, SGX, SMX, TFEX, offering you a large selection of trading products to meet your investment needs.

 

Societe Generale

 

 

 

Societe Generale Prime Services part of the Global Markets’ division of Societe Generale Corporate & Investment Banking is the bank’s Prime Brokerage business, offering a unique combination of execution, clearing, custody and financing services. It is truly multi-asset and multi-instrument across Listed Derivatives, Equities (Cash/synthetic), FX, Fixed Income and OTC Cleared. As the world’s leading derivatives broker, the Prime Services business offers unrivalled access to 125 markets and exchange venues; offering both agency or principal execution, and extensive value added services.
The full service platform offers access to significant securities financing capabilities, extensive capital introduction and best-in-class cross-margin capabilities as well as straight-through-processing with an industry leading post-trade platform aligned with Societe Generale extensive research product.

 

 

 Ulink

 

 

 

Ullink is a global provider of market leading multi-asset trading technology and infrastructure for buy-side and sell-side market participants. Trusted by over 150 of the world’s top-tier banks and brokers, the company provides consistent, reliable access to the most current and innovative trading solutions available.
Its NYFIX Network offers one of the industry's largest FIX based trading communities.
The company manages over 450 trading platforms daily, is connected to more than 100 of the world’s leading liquidity and exchange venues and offers over 700 different FIX and API adapters.
For more information, please contact connect@ullink.com or visit www.ullink.com

 

 

 

Vela

 

 

Vela is the premier market access technology provider, delivering low-latency access to over 200 venues, coupled with a unique set of trading tools, data, and analytics, flexibly delivered with exceptional global support. Vela acquired OptionsCity Software and Object Trading in 2017. Now as one organization, Vela provides a comprehensive, end-to-end solution for multi-asset electronic trading with global market coverage, enabling smarter access to global liquidity.
 
Vela has eight offices in the US, Europe, and Asia supporting traders, market makers, financial institutions and other market participants worldwide.

 

 Supporting Partner

 

 The IHFA was established informally in the spring of 2013 by a group of Israeli and international investment managers and service providers in the hedge fund industry. The vision was to support the hedge fund industry in Israel as an integral part of the industry’s worldwide community.
Through its expanding activities, the IHFA acts as a bridge to connect the local Israeli industry and its overseas peers, bringing together professional managers, investors and service providers.
Upon the IHFA’s registration as a non-profit organization in Israel, it will strive to achieve the following objectives: (a) to represent and promote the common interests of the hedge fund industry with governmental bodies in Israel; (b) to provide recommendations for best practices of the industry in Israel; (c) to provide access to professional information; and (d) to broaden and deepen market and public knowledge about Israel’s hedge fund industry.
Joining the IHFA is open to individuals and entities from Israel and overseas who specialize in the hedge fund sector, such as hedge fund managers, institutional and private investors, family offices and service providers.

 

Sivron

 

 

Sivron is a technology company developing integrated solutions and systems that comprise Real-Time trading, Continuous Risk Management and Targeted Investment Management. All of our systems and solutions operate on in-house technologies, which combine advanced hardware and software. This allows us to offer Low latency, high throughput trading and Market Data solutions in a cutting edge software system and APIs. Our team includes skilled software developers specialized in various sophisticated industries, who work hand in hand with capital market professionals with IT qualification, under the leadership of experienced system-analysts and software architects. Among our clients are leading banks, professional brokers, institutional, fund managers, PTG's and Algo-shops.  

 

Media Partners

 

 

Automated Trader

Automated Trader is the first global magazine dedicated to automated and algorithmic trading. The magazine is a regular print and digital publication that focuses on all aspects of automation in the trading process. Featuring insights from both academics and practitioners alike, Automated Trader covers strategies and analytics, the impact of regulatory requirements, and all the latest technological innovations in the field.Automated Trader is the first global magazine dedicated to automated and algorithmic trading. The magazine is a regular print and digital publication that focuses on all aspects of automation in the trading process. Featuring insights from both academics and practitioners alike, Automated Trader covers strategies and analytics, the impact of regulatory requirements, and all the latest technological innovations in the field.
To learn more, please visit http://www.automatedtrader.net/ 

 

 

Eurekahedge

 

 

Launched in 2001, Eurekahedge has a proven track record spanning over 16 years as the world’s largest independent data provider and alternative research firm specialising in global hedge fund databases and research. Headquartered in Singapore with offices in New York and Philippines, the global expertise of our research team constantly adapts to industry changes and needs, allowing Eurekahedge to develop and offer a wide array of products and services coveted by institutional investors, family offices, accredited investors, qualified purchasers, financial institutions and media sources. In addition to market-leading hedge fund databases, Eurekahedge’s other business functions include hedge fund research publications, due diligence services, investor services, analytical platforms and risk management tools. For more information, please visit www.eurekahedge.com or marketing@eurekahedge.com

 

Fintech Finance

Fintech Finance:

Fintech Finance works with prominent executives in the industry to provide key decision-makers globally within the foremost financial services organizations with consistent and accurate intelligence on emerging trends, breakthrough technologies and stimulating developments, helping them to make informed decisions. At Fintech Finance, we produce monthly video episodes looking at range of topics within financial services, as well as attending some of the most prominent events within the sector.


www.Fintech.Finance

@FintechF

 

 

 

Venue


 

Sheraton Hotel

HaYarkon St 115

Tel Aviv-Yafo

63573, Israel