2006 FPL Americas Electronic Trading Conference

FPL Electronic Trading Conference Day 1 - Tuesday, October 24th , 2006

Registration will open at 7:30 AM. Please join us for breakfast and a first look at our exhibit area.

Sponsored by TekFinancial Solutions

• John Goeller, Senior Vice President, Electronic Client Services, Lehman Brothers, FPL Americas Regional Committee Co-Chair
• Scott Atwell, Manager of FIX Trading and Connectivity, American Century, FPL Global Steering Committee Co-Chair

Moderator: Bill Hebert, Vice President and Director, Strategic Development and Trading Solutions, Fidelity Capital Markets Services, FPL Americas Education & Marketing Subcommittee Co-Chair

Panelists:

• Brian Carr, Chief Executive Officer, NYFIX Millenium, Inc.
• William Harts, Head of Equity Strategy, Banc of America Securities
• Ignatius John, Senior Systems & Technology Analyst, AXA Rosenberg Group, LLC

Moderator: John Goeller, Senior Vice President, Electronic Client Services, Lehman Brothers, FPL Americas Regional Committee Co-Chair

Panelists:

• Thomas Chippas, Head of Autobahn Equity – Americas, Deutsche Bank
• Ted Oberhaus, Director of Equities Trading, Lord Abbett & Company
• Guy Cirillo, Global Channel Sales Manager for Advanced Execution Services, Credit Suisse

Presenters:

• Ron Newell, Senior Vice-President, Singapore Stock Exchange
• Peter Randall, Senior Vice-President, Instinet Europe

Recognized as a pioneer and advocate of electronic trading, Harold Bradley, Chief Investment Officer, U.S. Growth Equity-Mid Cap/Small Cap/Sector will discuss the current and future state of electronic trading.

Introduction by Alan Schwartz, Executive Vice President, General Manager, Financial Services Division, TNS

Sponsorship available –email fplelectronictrading@jandj.com

Presenter:

• William Brodsky, Chairman & CEO, Chicago Board Options Exchange

Moderator: Manisha Kimmel, Executive Director, Financial Information Forum

Panelists:

• Oscar Onyema, Senior Vice President & Chief Administrative Officer, American Stock Exchange (AMEX)
• Adam Nunes, Vice President, Transaction Services, The NASDAQ Stock Market, Inc.
• Daniel M. Gray, Market Structure Counsel, Division of Market Regulation, Securities and Exchange Commission (SEC)

Moderator: Daniel Doscas, Senior Vice President, HSBC, FPL Global Fixed Income Committee Co-Chair

Panelists:

• Gail Rothman, Director, Blackrock
• Ric Elvir, Director, Fixed Income Client Connectivity, UBS Investment Bank
• Kevin Arthur, Director, Fixed Income Markets, Omgeo

Moderator: Steve Donovan, Senior Development Advisor, Massachusetts Financial Services, FPL Foreign Exchange Committee Co-Chair

Panelists:

• James Sinclair, Head of Research and Strategy, EBS
• Keith Andrew, Executive Director, Morgan Stanley
• Chip Lowry, Director - Business Development Global Link Europe, State Street Global Markets

Moderator: Robert Moitoso, Senior Vice President, Institutional Equities, Thomson Financial

Panelists:

• David Quinlan, President, Eze Castle Software
• Stephen Engdahl, Director, Product Management, Charles River Development
• Adam Mazur, Vice President, Electronic Execution, Goldman Sachs

Cocktail Reception

Join us at The VIEW – New York’s only revolving rooftop lounge at the Marriot Marquis

Sponsored by Greenline Financial Technologies

FPL Electronic Trading Conference Day 2 - Wednesday, October 25th , 2006

Continental Breakfast with Exhibitors

Visit our exhibit hall

Sponsored by Chicago Mercantile Exchange

Welcome Back/Day 2 Introduction

• John Goeller, Senior Vice President, Electronic Client Services, Lehman Brothers, FPL Americas Regional Committee Co-Chair

Alternatives to the Exchanges: Assessing the Competitive Landscape

In the wake of recent regulatory and market events, the economics of off-exchange trading is being altered dramatically. Find out how our panelists are positioning their firms against traditional exchanges and differentiating themselves from other trading venues in the fight for liquidity and profitability.

Moderator: Thomas Jordan, President & CEO, Jordan & Jordan

Panelists:

• Fred J. Federspiel , President and Founder, Pipeline Trading Systems LLC
• David Cummings, Chief Executive Officer, BATS
• Thomas M. Joyce, Chairman and CEO, Knight Capital Group, Inc.

Algo Trading, Where are We? Penetration and Products

Panel will discuss what is new in algorithmic trading and distinguish among sell side, investment management and hedge fund needs/solutions. Pre-trade, dark algos and how models get integrated into the infrastructure will be discussed.

Moderator: Barry Marshall, Co-Chair FPL EMEA Regional Committee

Panelists:

• Anthony Victor, Director, Merrill Lynch
• Carl Carrie, Head of Algorithmic Trading & Product Development, JP Morgan
• Andrew F. Brenner, Managing Director and Head of ISE Stock Exchange, International Securities Exchange

Morning Break with Exhibitors

Sponsored by International Securities Exchange

Concurrent Session: Electronic trading in Listed derivatives

Listed derivative markets have experienced a significant growth boom thanks to STP enablement from order entry though clearance and settlement. How are market participants reacting? Find out what trading firms and exchanges are thinking!

Moderator - William Adiletta, President, TekFinancial Solutions

Panelists:

• Leslie R. Sutphen, Global Head of E-Brokerage Strategy & Implementation, Calyon Financial
• Ed Gogol, Director of Clearing Systems, Chicago Mercantile Exchange
• Russell Abramson, Head of Electronic Trading Futures/Options, JP Morgan

Concurrent Session: Market Data – Food for Executions

Market data is the key ingredient in driving trading decisions with proprietary exchange feeds, consolidated vendor products offering both real-time and analytical data; how much is too little, how much is too much? Learn about the data offerings guiding electronic trading decisions.

Moderator: Daniella Baker, FPL Marketing & Communications Manager, Jordan & Jordan

Panelists:

• Ron Jordan, Senior Vice President, Market Data, New York Stock Exchange
• Stephen Wilson, Global Head of Exchange Traded Instruments, Reuters
• Peter Esler, Director, Global Head of Market Data, Citigroup

Lunch Break

Sponsorship available –email fplelectronictrading@jandj.com

Concurrent Session: Grappling with Growth: Electronic Trading in OTC Derivatives

With significant growth in the market for credit default swaps and interest rate swaps, electronic trading in OTC derivatives poses different challenges. Get an update on trading and transaction settlement issues from firms in the dealer and post trade spaces.

Moderator: Robert Stowsky, President / CEO, Brook Path Partners

Panelists:

• John LaVecchia, Director Credit Markets , Thomson Tradeweb
• Harry Harrison, Head of Fixed Income Trading, Barclays

FIX is better than ever and is being extended to meet the latest challenges that are confronting the industry today. Support for major regulatory changes including REG NMS, improved post-trade functionality for listed derivatives, FX order routing and streaming prices, expanded and standardized exchange usage, and optimization techniques that result in lower latency and bandwidth are all part of the latest developments in FIX. Receive an update on the adoption of the FAST protocol and a review of the new FIX 5.0 release which provides a framework for transport independence and seamless integration of future functionality.

Presenters:

• Matt Simpson, Associate Director of Electronic Trading Architecture, Chicago Mercantile Exchange, FPL Global Technical Committee Co-Chair, FPL Market Data Optimization Working Group Co-Chair
• Kevin Houstoun, Global Transaction Messaging Consultant, HSBC, FPL Global Technical Committee Co-Chair

Afternoon Break with Exhibitors

Sponsored by International Securities Exchange

Closing Session

Open discussion on the lessons of the last two days and follow-up activity

Moderator: Courtney Doyle, FPL Operations Director, Jordan & Jordan

Panelists:

• Scott Atwell, Manager of FIX Trading and Connectivity, American Century, FPL Global Steering Committee Co-Chair
• John Goeller, Senior Vice President, Electronic Client Services, Lehman Brothers, FPL Americas Regional Committee Co-Chair
• Kevin Houstoun, Global Transaction Messaging Consultant, HSBC, FPL Global Technical Committee Co-Chair
• Barry Marshall, Co-Chair FPL EMEA Regional Committee
• Matt Simpson, Associate Director of Electronic Trading Architecture, Chicago Mercantile Exchange, FPL Global Technical Committee Co-Chair, FPL Market Data Optimization Working Group Co-Chair