Accenture Trading at 1 Cent Madness Explained at The Speed Traders Workshop 2012 New York, Chicago, Dubai, Shanghai

and London Edgar Perez, Author, The Speed Traders, Speaker at The Speed Traders Workshop 20 12, How Algorithmic and High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Sao Paulo, Seoul, K uala Lumpur, Warsaw, Kiev, New York, Singapore, Beijing, Shanghai, Jakarta, Lond on, New York, Dubai and Chicago). New York, NY, September 21, 2012 -- On the May 6, 2010, Accenture dropped from $ 40 to a penny in just 15 minutes? Time to buy? Not so quickly, says Edgar Perez, presenter at The Speed Traders Workshop 2012, How High Frequency Traders Levera ge Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (www, in a number of cities around the world, including New York, Chicago, Dubai, Jakarta, Shanghai and London. Perez is the author of The Speed Traders (, and former McKinsey & Co. consultant and New York University Adjunct Professor. On Thursday afternoon May 6, 2010, the S&P 500 dropped almost 9% before recoveri ng. For 15 minutes things felt like pure panic. But it was a lot different than one of the largest panics in market history, Black Monday of 1987, when the S&P 500 fell 20.4% in a day. Think about it in terms of scale: a day vs. minutes, or broad drops versus a number of haywire stocks. On that Thursday, the S&P slowly fell 3% during the day before plunging and recovering more than 5% between 2:45 and 3:00 p.m. Manic selling occurred in a much shorter timeframe on Thursday. P hilip Morris International dipped more than 15% in just 15 minutes before recove ring. And yes, Accenture dropped from $40 to a penny in the same time. Someone actually bought Accenture at the price; according to Thomson Reuters the re were 19 trades in Accenture stock at 1 cent. The 100-share blocks were bought in less than 10 seconds. All but one went through the CBOE Stock Exchange, whos e electronic exchange was melting down. It couldn't draw any bids so the stock f ell to a penny from $41 (and then returned right back to $40). That would be a 4 00,000% gain in seconds, but the CBOE ultimately cancelled the trades. The Speed Traders Workshop 2012 New York will reveal how high-frequency trading players are succeeding in the global markets and driving the development of algo rithmic trading at breakneck speeds from the U.S. and Europe to India, Singapore and Brazil. The Flash Crash, the suspended BATS IPO, the botched Facebook IPO a nd Knight Capitalâ s trading malfunction are just a few of the events in the history of high-frequency trading that will be dissected at The Speed Traders Workshop 2 012. Perez is widely regarded as the preeminent global expert in the specialized area of high-frequency trading. He is author of The Speed Traders, An Insiderâ s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing Wor ld, published in English by McGraw-Hill Inc. (2011), in Mandarin by China Financ ial Publishing House (2012) and currently being translated into Bahasa Indonesia . He is course director of The Speed Traders Workshop 2012, How High Frequency T raders Leverage Profitable Strategies to Find Alpha in Equities, Options, Future s and FX (Hong Kong, Sao Paulo, Seoul, Kuala Lumpur, Warsaw, Kiev, New York, Sin gapore, Beijing, Shanghai, Jakarta, London, Mexico City, Moscow, Ho Chi Minh, Ne w York, Dubai and Chicago), and was Adjunct Professor at the Polytechnic Institu te of New York University, where he taught Algorithmic Trading and High-Frequenc y Finance. He contributes regularly to The New York Times and Chinaâ s International Finance News. Perez has been interviewed on CNBC Cash Flow, CNBC Squawk Box, BNN Business Day, CCTV China,,, Leaderonomics, GPW Media, Channel NewsAs ia Business Tonight and Cents & Sensibilities. In addition, Perez has been featu

red on Sohu,, Yicai, eastmoney, Caijing,, 360doc, AH Rad io,, CITICS Futures, Tongxin Securities,,, Ca ixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, International Finance News,, The Korea Times, The Korea Herald, The Star, The Malay sian Insider, BMF 89.9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXG lobal Trading, TODAY Online, Oriental Daily News and Business Times. Perez has been engaged to present to the CME Groupâ s Global Financial Leadership Con ference 2012, U.S. Securities and Exchange Commission (Washington DC), CFA Singa pore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Bei jing), Hult International Business School (Shanghai) and Pace University (New Yo rk), among other public and private institutions. In addition, Perez has spoken at a number of global conferences, including Harvard Business Schoolâ s Venture Capit al & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (N ew York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Insti tutional Investorâ s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Privat e Equity Convention Russia, CIS & Eurasia (London). Perez was a vice president at Citigroup, a senior consultant at IBM, and a strat egy consultant at McKinsey & Co. in New York City. Perez has an undergraduate de gree from Universidad Nacional de IngenierÍa, Lima, Peru (1994), a Master of Admini stration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Admin istration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Perez r esides in the New York City area. The Speed Traders Workshop 2012 is produced by Golden Networking (www.goldennetw, the premier networking community for business executives, entrepren eurs and investors. Panelists, speakers and sponsors are invited to contact Gold en Networking by sending an email to Contact: Julia Petrova Golden Networking New York, NY +1-516-761-4712