David Bullen

• The platform paradigm- How can you establish which initiative you should be supporting and why?

• When evaluating platforms, what are the key areas you should be testing and looking out for?

• What different platform models can help you prosper in a new electronic environment?

• How can you establish what platform is best suited to fit into your current workflow?

Regulatory reform, shrinking dealer balance sheets, liquidity shortages- these are just some of the major challenges keeping buy side heads awake at night. As the fixed income evolution kicks into full gear, traditional methods of trading fixed income are changing, meaning internal reform is required to keep abreast of the ongoing changes happening outside your office. This pan-European head trader panel will provide insights on how you can build a strong desk to sail through these winds of change, sharing their expertise on:

• Regulation- What processes are you putting in place now to practically prepare for the MiFID II deadline and what impact will this have on your trading?
• Technology- What technology is crucial to improve your fixed income trading capabilities and how should you stack this around your current fixed income desk?
• On the desk- How should you set up your internal structures to match an evolving external environment and maximise workflow efficiency?
• What strategies can you exploit to overcome reduced dealer balance sheets and ensure you are tapping into the right liquidity hubs?

Lower dealer liquidity, increased regulation and new technology have been the chief incumbents relating to a radical shift in the fixed income market structure over recent years. With this evolution now in full swing, our market leading panel will debate exactly how the these changes have impacted the full value chain, and debate whether this type of market structure is sustainable, or if anything can be done to improve the current conditions. Attend this debate where you will learn:

• Have the intended and unintended consequences of regulation had a positive or negative impact on market structure?

• Can the sell side still serve the needs of the full buy side community, or is there becoming a clear gap between what they offer the tier 1 buy side versus the rest?

• Is increased competition amongst trading platforms good for the industry or is further destabilising your access to liquidity?

• Are the buy side the new liquidity kings in fixed income markets or does the liquidity still remain on the books of the sell side?

• Is the infrastructure currently available for the buy side to effectively access new liquidity pools or are there still major gaps in the industry?

• With rules governing futures transactions being less restrictive than current swap rules, are we likely to see the futurization of swaps?

• Does this regulatory arbitrage opportunity threaten the transparent trading of instruments, the free flow of pricing data, and the security of futures clearing houses?

• Can policy makers mitigate potential dangers by using other measure such as strengthening oversight of futures clearinghouses and increasing their capital requirements?

• Could the increased costs from these new requirements prompt a move towards exchange-traded derivatives?

• Prospects of futurization- Are we seeing signs of it being a reality or still just hype?

Open to 15 Global Heads of Trading from Europe’s top 20 asset managers

Join this interactive session, air your own hot topics and together, with our professional independent moderator, brainstorm ways forward in conjunction and collaboration with your peers.

• The health of the market today- How has the new issuance market changed in 2016?

• Electronification of new issuance- How can innovation make the process more efficient while preserving or enhancing what is working well today?

• How are emerging regulations and best practices shaping the new issuance process?

• Buy side and sell side perspective- What ways can you deal with the major challenges arising from new issuance?

• How is the new issuance market going to evolve and how can it be improved in the future?

• RFQ- Is this trading model now less attractive under the new reforms?
  
  
• What is the best suited model for the buy side for pre trade transparency- RFQ or A2A?
  
  
• Shifting paradigms- Is regulation pushing fixed income trading towards an order book model?
  
  
• Are RFQ systems at a significant disadvantage under the new transparency rules?

With capital constrains crippling the sell side and shrinking balance sheets, alongside the on-going growth of fixed income markets, the demand for liquidity has never been higher, and arguably never been worse. In an era where traders have become accustomed to a trading environment dearth of liquidity, this market leading panel, representing the full value chain, will outline how you can build new liquidity sourcing strategies which reflect these ever-changing market conditions. Attend this session to learn:

• Addressing the imbalance between supply and demand of liquidity- How can this be done?

• How has regulation impacted liquidity- Will conditions ever improve or is this a permanent shift?

• How can you adjust your investment strategies to best overcome the lack of liquidity?

• How can technology and connectivity be used to bring a fragmented liquidity back together to build a more efficient eco-system?

Join our fixed income dragons during this exciting ‘Dragons’ Den’ style session, where you will hear from four new and innovative start-up FINTECH firms as they present their offerings in a bid to win first place. Listen up as the dragons review the technologies’ benefits to your business, predict their future success and deliver their verdicts. The ultimate decision is in your hands though, as the audience get to vote for their favourite. Will you find the next big thing?

• Connectivity- Steve Toland, Founder, TransFICC
• Best execution analytics- Pete Eggleston, CEO, BestX
• Big data technology- Thanos Papasavvas, Co Founder and CIO, Equant Analytics

Audience Participation

Our final session at the 2016 edition of the Fixed Income Leaders Summit will be designed by you. Throughout the two days, post a question regarding the biggest challenge you are currently facing to ensure it is addressed at the conference, and the most popular topics will be chosen by the audience for our panel of experts to provide insights on; make the most of this unique opportunity to shape the agenda yourself. Our knowledgeable panel will provide expertise on:

• Execution

• Technology

• Strategy

• Market Structure

• Regulation