ACI Russia eFX Summit 2020

Бизнес 16+

The key annual international event in Russia for the development of electronic trading on FX market.

For ONLINE participation please go to: aci-russia.timepad.ru/event/1442753...

Для регистрации на русском языке: aci-russia.timepad.ru/event/1427366...

On October 20, 2020, the key event for the development of electronic trading on the FX market ACI Russia eFX Summit 2020 will take place.

The annual ACI eFX Summit brings together all participants of the financial industry to discuss current factors and trends affecting the foreign exchange market, such as: the pandemic, market liquidity, code of conduct, best execution requirements, innovations of trading platforms, development of research and analytical technologies.

At the summit, vendors, representatives of electronic trading platforms, data centers, equipment suppliers, professionals from sell side and buyside share their views and perspectives.

The Summit bring together on one platform cashflow managers of corporations and system traders, hedge funds, international and regional banks (global heads of trading, heads of currency departments, chief traders and heads of dealing units and deal execution managers, portfolio managers, managing directors, CIOs and CEOs) from Russia and European countries for open discussion, building relationships and entering into partnerships.

To maximize the benefits for Summit participants and not to put you in danger, the Summit will be held in a hybrid format: online and offline.

To comply with the norms of social distance offline event will be held in the Lotte Hotel (8, Novinsky Blvd., Moscow, bldg. 2, Lotte Hotel) from 8.30 to 21.00 and will gather no more than 200 participants. Participants who register for the offline event will be the first to have priority.

SPONSORS:

Platinum and Diamond:

Moscow Exchange, LMAX Exchange

Gold: Alfa Bank, Metallinvestbank, Sberbank, Raiffeisenbank

Silver: VTB Bank, ICE, NT Progress, Prime, Stone X, TradingView, WEYTEC

Bronze: EdgeWater Markets, FX Aggregator

Information partners: ACT, NFA, DEREX.

The program and speakers of eFX Summit 2019 can be found on the website:

http://e9hc1c.attendify.io

Перейти на сайт для регистрации участия ONLINE

ACI Russia eFX Summit 2020, 20th October (Tuesday)

9:00-21:00, Lotte Hotel, Moscow

Preliminary agenda

08:30-09:00 Check-in and welcome coffee

09:00-09:10 Welcome address Sergey Romanchuk, ACI Russia President.

09:10-09:30 Keynote interview: The reaction of FX financial markets to the shocks of 2020 — what changes we are seeing

Moderator: Andrey Ostroukh, Chief economics correspondent, Reuters

Igor Marich, Managing Director for Sales and Business Development, Board Member, Moscow Exchange

09:30-10:15 Panel 1. Trends in global eFX trading: Global and Russian markets

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank, ACI Russia President

Panelists:

Andrey Skabelin, Director FX Market Department, Moscow Exchange

Alexandr Zozulya, Senior Managing Director, Head of Commodity and FX trading, Sberbank

Mikhail Palei, Head of FX, VTB

Ina Patrascu, Head of FX Sales, Stone X

Anton Kenyaykin, Head of Capital Markets Sales, Raiffeisenbank

Evgeny Egorov, Head of Algorithmic Trading, Alfa-Bank.

Pandemic shock: how has the organizational structure and business processes in banks changed? Will life never be the same?
Crisis impact on the internalization and liquidity of FX market: what has this year’s stress test showed?
Use of advanced data technology: Data Science, AI & ML. Is there any success?
Where is Russian Ruble traded — geographical distribution? Who has more influence on RUB market price formation?
Ruble on-exchange trading vs OTC market: how risk redistributed among participants?
FX Global Code: what impact has it made on trading practices?

10:15-11:00 Panel 2. Role of Central banks in the functioning of FX market

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank, President of ACI Russia

Panelists:

Guy Debelle, Deputy Governor of the Reserve Bank of Australia, Chair of Global FX Committee (online);

Valery Lyakh, Director of the Bank of Russia’s Department for Countering Misconduct;

Dmitry Piskulov, Head of FX Market Product Development, Moscow Exchange, ACI Russia Vice President;

Russell Lascala, Global Head FX Trading, Deutsche Bank (online);

Central Bank instruments and facilities. Regulation or self-regulation?
Role of the Global FX Committee (GFXC) in the global and regional context.
Problems with the Global Code implementation in the practices of the largest clients in FX market.
GFC working groups directions to develop the FX Global Code: buy-side outreach, anonymous trading, disclosures, algorithmic trading, TCA, execution principles
Analysis of flash crash events and prospects of algorithmic trading regulation.
FX fixings: instruments of the future or the past?

11:00-11:30 Coffee break

11:30-11:50 Special guest interview. “Does the world look better now? The FX Market Structure in 2020 and Beyond”.

David Mercer, CEO of LMAX Group (online);

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank, President of ACI Russia.

11:50-12:20 Panel 3. Trends in global eFX trading: electronic platforms race

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank, President of ACI Russia

Panelists:

Stanislav Bublik, Executive Director, Head of Electronic Markets distribution, Sberbank

Dmitry Frolov, FX products development manager, Moscow Exchange

Evgeny Egorov, Head of Algorithmic Trading, Alfa-Bank.

New developments in the aggregation and execution, FX liquidity provision in eFX world
Disclosure and transparency on anonymous e-Trading platforms, Cross-venue credit checks
Links between electronic trading platforms: execution and clearing issues
New in aggregation and execution
Peer to peer trading: reality or fairytale
Transaction Cost Analysis (TCA)
SDP vs MDP: who is gaining more

12:20-13:00 Panel 4. Post-trade solutions for eFX: current state and future trends

Moderator: Pavel Rokhlov, FX Market Product Development, Moscow Exchange

Panelists:

Svetlana Gryanchenko, COO National Settlement Depository;

Dmitry Zelentsov, General Director Russia and CIS, Calypso Technology;

Stanislav Bublik, Executive Director, Head of Electronic Markets distribution, Sberbank;

Keith Tippell, Head of Product, CLS Group.

CCP model: cost/efficiency?
Settlement risks and prospects of PVP systems for emerging markets currencies
Clearing of OTC trades with Central counterparty
Risk compression benefits

13:00-14:00 Lunch

14:00-14:15 Fireside chat with the long-standing global liquidity provider.

Jeremy Smart, Global Head of Distribution, XTX Markets (online)

Moderator: Marc Millington-Buck, Business Development, Moscow Exchange (online)

14:15-15:00 Panel 5. Algorithmic trading: further development of the industry

Moderator: Evgeny Egorov, Head of algorithmic Trading, Alfa-Bank

Panelists:

Anthony Belcher, Head of ICE Data Services (EMEA), Intercontinental Exchange (online)

Dmitry Gavrilets, Director, Sberbank

Vadim Mesheryakov, Head of eFX Trading, VTB

Grigory Baytsur, Director for Communications Technologies, Moscow Exchange

Gleb Yarnykh, Head of eFX Trading, Raiffeisenbank

Market access: what is Fair Play?
FIFO technology or Speedbump? What is better for market development?
Speed or intelligence? Artificial or human?

15:00-15:45 Panel 6. Clients experience: Integration of eFX in the Treasury Management Systems

Moderator: Alexander Surpin, Managing Director, FICC, Otkritie

Panelists:

Taras Shevchenko, Executive Director, Sberbank

Ruslan Кarmanny, Head of Corporate Finance Department, EuroChem

Anna Sokolova, Treasury Director, Center for Corporate Solutions (NLMK, PGK, UCLH)

Vadim Gromyko, Head of Hedging and Financial Risk Management, Severstal

Is the integration of the execution platform into the client’s treasury system a competitive advantage?
Execution of large lots — can the robot be trusted?
One platform for electronic execution or several?
What is the optimal KPI for eFX execution?
New solutions that can simplify integration

15:45-16:00 Coffee break

16:00-16:45 Panel 7. FX and interest rate (IR) derivatives on the exchanges and electronic platforms

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank, President of ACI Russia

Panelists:

Roman Loktionov, Director, OTC Derivatives, Moscow Exchange

Dmitry Gavrilets, Director, Sberbank

Roman Zavalyuev, Senior Vice-President, Raiffeisenbank

Evgeny Egorov, Head of Algorithmic Trading, Alfa-Bank

Did volatility affect FX and IR derivatives at the beginning of this year?
What is the market demand for FX and IR derivatives products, what are the trends, dates, rates, currency pairs?
Development of OTC electronic market platforms for trading FX and IR derivatives – is it necessary or not?
How the exchanges see the development of execution services in FX and IR derivatives

16:45-17:30 Panel 8. Machine Learning (ML), Artificial Intelligence (AI): whether new technologies work successfully with data in FX market?

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank, President of ACI Russia

Panelists:

Sergey Zablodsky, Managing Director, Sberbank;

Evgeny Fedotov, FX Automated Trading Strategie, JP Morgan;

John Karl Estrada,ITS eFX Trading, Credit Suisse;

UBS speaker, tbc.

ML, AI Data Science – how the manual trading should change, what will happen with the profession?
Quants vs data scientists on capital markets – how are they different?
What kind of data do we have on FX market related business?

17:30-18:15 Panel 9. Economic and econometric models of estimation of the “fair” exchange rate.

Moderator: Sergey Romanchuk, Head of Trading, Metallinvestbank

Panelists:

Alexander Isakov, Chief Economist for Russia, VTB

Yuri Popov, FX&Rates Strategist, Sberbank;

Alexandra Bozhechkova, Ph.D. in Economics, Head of the Monetary Policy Laboratory, Gaidar Institute

What are the models and what is their predictive power?
Does banking analytics bring practical benefits?
Is there an academic consensus in describing the currency market?
Micro or macro?

18:15-19:00 Panel 10. Digital assets and cryptocurrencies trading: international recognition and Russia

Moderator: Evgeny Egorov, Head of Algorithmic Trading, Alfa-Bank

Panelists: Rauan Khassan — Vice President, International Growth, Trading View

Vladimir Kozinetz, AKK.

Andrey Lisitzyn, RSPP.

others (tbc)

Bitcoin forever? How does the market evolve?
What added value do digital assets bring?
Are there prospects for the development of corporate cryptocurrencies (Telegram and Facebook experience)?
Law on digital assets in Russia. Is it a green light or a red flag?