The investment industry, in addressing trade quality and execution costs, is looking to electronic trading and tools like FIX to enhance trading efficiency and best execution. They also need to respond to industry and regulatory initiatives regarding trade confirmation on trade date vs. the current practice of taking up to three days. The FPL Canadian Electronic Trading Conference 2005 will identify best practices used to meet industry and regulatory requirements and how electronic trading and FIX can help facilitate the required changes.
The conference has three major streams to address the business, trading and technical interests of attendees. It is structured to allow attendees to collaborate, learn and strategize with their colleagues and gain insights from Canadian, U.S. and international electronic trading and FIX leaders.
The FPL Canadian Electronic Trading Conference 2005 builds on the success of the FPL conferences in New York in 2004 and Hong Kong in 2003. These conferences support the global expansion of electronic trading and FIX. The FPL Canadian Electronic Trading Conference 2005 will further the growth of this knowledge in Canada.
In addition to facilitating information exchange, the conference also provides a forum for industry participants to influence the continued evolution of electronic trading and the FIX Protocol. FIX is continually expanding and refining itself to encompass the dynamic nature of securities trading.
eClientscope, a specialized consultancy involved with the Canadian securities industry restructuring, is working with the Canadian financial industry and FPL to organize the conference. This collaboration will deliver a conference that is focused on assisting participants in enhancing trading efficiency and quality.
Ross Hutcheon of UBS Investment Bank and Chair of FPL's Global Education & Marketing Committee stated, "I am very pleased that FPL is championing the Canadian Electronic Trading Conference 2005. It builds on the very successful FPL conference in New York last November."