This week I’m previewing key sessions on securities trading issues at the Sibos show in Toronto at the North and South Buildings of the Metro Toronto Convention Center; the event begins today, Monday, Sept. 19, and ends Sept. 23.As for the sessions on Monday, I am slated to cover the Securities Market Infrastructures Forum, and another session late on Monday on The new risk: Are post-trade market infrastructures fit for purpose post-crisis? The insights from those discussions will be included in a show wrap that I will file next week.
In the meantime, on Tuesday, there will be the Big Issue Debate: The Post-Crisis Financial Transaction Infrastructure: what will it look like, and what do the changes mean for market participants? The session starts at 11am in the Plenary room and will focus on the mechanisms in place to ensure better global alignment between governments and regulators, and whether the new infrastructure to come will foster or hamper global business.
Later on Tuesday is Corporate governance: Linking issuers’ actions to investors’ reactions starting at 4pm in Conference room 3, and spotlighting the importance of involving the issuer and issuer agent communities in efforts to improve the operational efficiency such activities as corporate actions and proxy voting processes.
On Wednesday, at 11am in the Plenary room, Sibos will take on a more visceral matter—a Big Issue Debate: Back to Business: Where’s the growth in 2012 and beyond? Considering the current climate, it should be an insightful discussion about the global economic recovery and whether it will continue despite “significant headwinds’ and regulations. Along those lines, Sibos has scheduled The North American example: What can the world’s securities markets learn from the experiences of the US and Canada? It’s also on Wednesday at 2pm to 3pm in the Conference room 3, but will focus on the potential global lessons to be learned from North America. I expect there will a key discussion about how Canada managed to avoid a financial fiasco while the US got caught up in it.
Jumping to derivatives, there will be a talk on Negotiating the new derivatives landscape: Is this the end for OTC? It will take place Wednesday at 4pm in Conference room 1.
For Thursday, there will be a session about Commodities: Are increased trading and speculation destabilizing the global economy? The session starts at 9:30 am in Conference room 2, and will explore the issue of multi-asset class investors that target five to 10 percent commodities coverage in their portfolios via an unregulated market that has the attention of US and European regulators.
More is happening on Thursday with a session on Securities reference data: Is your strategy up to scratch?, at 11 am in Conference room 2. The discussion will concentrate on whether the industry is tackling risk through its approach to reference data. Also at 11am, Sibos is featuring a session on Exchange consolidation: Charting the downstream impact in Conference room 3 that will delineate the changes to come for post-trade infrastructures as cross-region and cross-continent mergers among trading venues hit their stride.
The buy side will get a chance to clarify its needs in the Thursday session on Buy side operations: As their global operating models evolve, what do investment managers need from their service providers? The segment at 2pm will focus on global asset managers and their review of global operating models to cut costs and boost efficiency as they move to new compliance requirements and new needs from brokers, custodians and market infrastructure communities
A full list of the securities tract is available on the Sibos website at http://www.sibos.com/conferencedata/pages/stream_securities.page
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