You are on page 1of 2

Bloomberg TV's Stephanie Ruhle and Erik Shatzker with Knightmare on Wall Street' s Edgar Perez on High-frequency Trading

Edgar Perez, Author, The Speed Traders, and Course Director, The Speed Traders W orkshop 2012, Proudly Introduces Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk. New York, NY, April 02, 2014 -- Bloomberg TV's anchors of its flagship show Mark et Makers, Stephanie Ruhle and Erik Shatzker, talked to Edgar Perez, the celebra ted author of The Speed Traders (http://www.TheSpeedTraders.com) and Knightmare on Wall Street, The Rise and Fall of Knight Capital and the Biggest Risk for Fin ancial Markets (http://www.KnightmareonWallStreet.com), on the perceived dangers of high-frequency trading. The full interview can be accessed at http://www.blo omberg.com/video/searching-for-a-high-frequency-speed-limit-Y_P3wbjSSvyly15~So02 yw.html. The interview with Perez touched upon Knight Capital s unprecedented number of erron eous orders into the market sent on August 1, 2012, due to an error in installin g new software. Knight Capital announced later a staggering loss of $440 million . What followed after this shocking announcement were several rounds of desperat e conversations with a number of vulture players who had smelled opportunity and were readying themselves to pick up bargain-priced pieces. On August 6, 2012, J oyce confirmed that Knight Capital had struck a deal with Jefferies, TD Ameritra de, Blackstone, GETCO, Stephens, and Stifel Financial, staving off collapse days after the trading mishap. While Knight Capital was back in the game, its limpin g recovery quickly prompted hungry competitors to bid for the entire company. On December 19, 2012, the board decided to accept an acquisition proposal from GET CO rather than Virtu Financial. For GETCO, acquiring Knight Capital represented a gigantic fast forward step. For Knight Capital, it was the end of its wild rid e as an independent entity. Perez (http://www.MrEdgarPerez.com) is widely regarded as the preeminent global expert in the specialized area of high-frequency trading. Perez has been intervi ewed on FOX Business s Countdown to the Closing Bell, CNBC Worlwide Exchange, CNBC C ash Flow, CNBC Squawk Box, BNN Business Day, CCTV China, Bankier.pl, TheStreet.c om, Leaderonomics, GPW Media, Channel NewsAsia Business Tonight and Cents & Sens ibilities. In addition, Perez has been globally featured on FXFactor, Columbia B usiness, OpenMarkets, Sohu, News.Sina.com, Yicai, eastmoney, Caijing, ETF88.com, 360doc, AH Radio, CNFOL.com, CITICS Futures, Tongxin Securities, ZhiCheng.com, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News , ifeng.com, International Finance News, hexun.com, Finance.QQ.com, Finance.Sina .com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89 .9, iMoney Hong Kong, CNBC, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econmico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times. Perez has been engaged to present at the Council on Foreign Relations, Vadym Het man Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC 2012 (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA S ingapore, Hong Kong Securities Institute, Courant Institute of Mathematical Scie nces at New York University, University of International Business and Economics (Beijing), Hult International Business School (London and Shanghai) and Pace Uni versity (New York), among other public and private institutions. In addition, Pe rez has spoken at a number of global conferences, including Emerging Markets Inv estments Summit 2013 (Warsaw), CME Group s Global Financial Leadership Conference 20 12 (Naples Beach), Harvard Business School s Venture Capital & Private Equity Confer ence (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, London), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor s Gl obal Growth Markets Forum (London), Technical Analysis Society (Singapore), Trad eTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Conventio

n 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 Ingeniera, 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 and is an accomplished salsa and hustle dancer. Contact: Edgar Perez Edgar Perez, Inc. New York City, NY 414-367-8670 jpetrova@thespeedtradersworkshop.com http://www.mredgarperez.com/

You might also like