Hedge Fund, Alternative Investments, High-Frequency, Algorithmic and Proprietary Trading Firms Getting Together for Networking and Cocktails at High-Frequency Trading Happy Hour, Hosted by Edgar Perez, Author of the forthcoming “Knightmare on Wall Street: Do Facebook’s Botched IPO and Knight Capital’s Technology Error Mark the Beginning of the End of Equities Investing?”
FOR IMMEDIATE RELEASE / PRURGENT
It's been a week since Knight Capital's new trading software went berserk and nearly bankrupted the company. In the days following the incident, reactions have been swift and harsh, with some pundits calling for more oversight with others continuing to insist that the market will sort this out by itself. However, even the most steadfast electronic market structure supporters are beginning to admit that something needs to be done after the latest event, which cost Knight Capital $400 million and left it scrambling to raise capital over the weekend.
Traders, quants, investors, hedge fund managers, professionals and journalists will converge for Knightmare Relief at Golden Networking’s High-Frequency Trading Happy Hour (http://www.hfthappyhour.com/) on Tuesday, August 14th from 6PM-9PM, hosted by Edgar Perez, author of “The Speed Traders: An Insider’s Look at the New High-Frequency Trading Phenomenon That Is Transforming the Investing World” and the forthcoming “Knightmare on Wall Street: Do Facebook’s Botched IPO and Knight Capital’s Technology Error Mark the Beginning of the End of Equities Investing?.” Perez was recently featured in The New York Times’ Room for Debate on How to Regulate High-Frequency Trading (http://nyti.ms/NfUW3t).
Golden Networking’s Hedge Funds Happy Hour (http://www.hfhappyhour.com) networking receptions so popular among executives and professionals with a focus on finance and investing. Hedge Funds Happy Hour is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to goldennetworking.net">infogoldennetworking.net.