Trading Strategies & Technology: Examining the Present and A Look Ahead

Thomson Reuters

Finance Roundtable

June 10, 2010: 6:00 PM - 9:00 PM

High Frequency (HF), Algorithmic and Quantitative trading mean very different things to professionals, but are often combined, especially by the media. The only thing these trading approaches usually have in common is their extensive use of computers and technology for market making and accomplishing some aspects of trading securities. So why have all these terms received so much attention lately? Is there justification for the blurring of differences in definitions among HF, Quantitative and Algorithmic Trading? These are some of the questions that will be debated by our expert panelists.


Gleacher Center
Room 621
450 North Cityfront Drive
Chicago, Illinois

Event Details

Topics discussed at the Trading Strategies & Technology event will include: •Technology and Algorithms •Markets •Risk Management •Current and Potential New Regulation


No Charge


Register Online

Deadline: 6/10/2010


6:00 PM-6:30 PM: Networking and Beverages

6:30 PM-7:30 PM: Presentation and Discussion

7:30 PM-8:00 PM: Panelist/Audience Q&A

8:00 PM-9:00 PM: Networking and Discussion (Midway Club, 5th floor)

Speaker Profiles

Morton N. Lane (Moderator)
Director, Master of Science in Financial Engineering Program, University of Illinois at Urbana-Champaign

Morton Lane is the Director of the Master of Science in Financial Engineering (MSFE) program at the University of Illinois, a new program commencing in the fall of 2010. Mr. Lane also acts as an independent consultant and president of Lane Financial, LLC, a broker-dealer engaged in activity at the intersection of the reinsurance and capital markets. Previously, Morton has been president of Sedgwick Lane Financial, senior managing director of the Capital Markets Division at Gerling Global Financial Products (GGFP), president of Discount Corp of New York Futures, senior managing director and head of commodities of Bear Stearns & Co, president of Lind-Waldock, investment officer for The World Bank, and lecturer at the London Graduate School of Business Studies. Morton is a prominent speaker on insurance and securitisation and has written numerous articles on this subject. He has been awarded the Charles A. Hachemeister Prize for his article on “Pricing Risk Transfer Transactions” published in the Actuarial Studies in Non-life Insurance (ASTIN) Bulletin. He has co-authored two books, The Treasury Bond Basis and Eurodollar Futures, and edited a third Alternative Risk Strategies. He has designed and taught courses at the University of Chicago Graduate School Of Business and at the University of New South Wales. Morton earned his B Soc Sc from Birmingham University, and his Ph D in mathematics, business administration and computer science from the University of Texas.

John W. Labuszewski (Panelist)
Managing Director of Research & Product Development, Chicago Mercantile Exchange

John W. Labuszewski is responsible for the Exchange’s product development efforts. Before coming to the CME in 1998, Mr. Labuszewski was General Manager of Nikko International’s U.S. Asset Management Division where he was responsible for the development and operation of managed futures and hedge funds. He has also worked for Virginia Trading Company, a subsidiary of Kleinwort Benson; Refco, Inc. and the Chicago Board of Trade. Mr. Labuszewski is the author of the CME Group Risk Management Handbook scheduled to be published by John Wiley & Sons in July 2010. He is also author of four books on financial markets including Investing in Government Securities: Fundamental and Technical Analysis, Portfolio Management and Arbitrage, John Wiley & Sons, 1994 (w/ Frederick Barnett & Dennis Heskel); Trading Options on Futures: Markets, Methods, Strategies & Tactics, John Wiley & Sons, 1988 (w/ John E. Nyhoff); Trading Financial Futures: Markets, Methods, Strategies & Tactics, John Wiley & Sons, 1988 (w/ Nyhoff); and, Inside the Commodity Option Markets, John Wiley & Sons, 1985 (w/ Jeanne Sinquefield). He has written numerous articles for Journals including the Financial Analysts Journal and other trade and industry publications. He earned an MBA from the University of Illinois in 1978.

Dan Bargerstock (Panelist)
Director of Research, Fox River Trading

Dan Bargerstock oversees all research and model development for Fox River Execution. Since joining the firm in 2001, Dan and his team have worked closely with Joe Ritchie in creating and improving the logic at the core of the company’s trading models. Dan began his career as a systems programmer at CRT, where he worked with a team to create a state-of-the-art network and application management and monitoring system. Subsequently, he worked at several Chicago-area financial firms developing trading applications for market makers and risk monitoring. Dan graduated from the University of Illinois with a B.A. in mathematics and a B.S. in computer engineering.

Craig Bewick (Panelist)
General Manager, WH Trading

Craig Bewick currently serves as the General Manager of WH Trading, LLC where he is responsible for leading operations of the firm, including heading up all recruiting and staffing efforts. Prior to joining WH Trading in July, 2007, he held a broad variety of roles within the futures and options trading industry over 15 years. These roles include positions in risk analysis, regulatory, technology, electronic trading account management and product and customer relationship management. Craig holds a BS degree in Economics from Miami University and an MBA degree with Management Information Systems (MIS) concentration from DePaul University.

Timothy James (Panelist)
Customer Engineering Manager, Thomson Reuters

Timothy James oversees the team responsible for algorithm development, deployment, product customizations, code optimization, and other consulting needs. He has worked on algorithms and trading systems for many clients from large banks to proprietary trading firms. He also has recently appeared in E-Forex and FX-MM magazines. Timothy has been a speaker at various industry conferences and forums, including FIA and FX Week.


Vern Broders 


Other Information

Audience Note: Although we welcome all with interest in this topic, buy-side practitioners (portfolio managers and risk managers), and sell-side practitioners (traders, financial engineers, quantitative analysts, research teams) specifically will probably benefit the most from this presentation. Hopefully, the discussion will deepen and broaden understanding of the strategies implemented every day and encourage participation in a lively discussion around this industry-specific topic. The GSB Alumni Finance Roundtable Committee Vern Broders (1994) Kevin Clarke (2008) Michael Fisch (2002) Scott Kemper (2006) Jason Ricketts (2009) John Salvino (2006) Rich Thoroe (2007) Dustin Weinberger (2006)