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For Immediate Release

Julia Petrova Media Relations Coordinator The Speed Traders 516-761-4712 jpetrova@thespeedtraders.com http://www.thespeedtraders.com

Brazil's BM&FBovespa Charges Up High-Speed Trading Tools Explained at The Speed Traders Workshop 2012 Sao Paulo, February 1st
Edgar Perez, Author, The Speed Traders, Speaker at The Speed Traders Workshop 2012 Sao Paulo: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX, February 1st, at BM&FBOVESPA
(January 14, 2012, New York) According to The Wall Street Journals Jacob Bunge and Rogerio Jelmayer, BM&FBovespa has begun installing a new trading platform offering faster transaction times as well as a new data center facility to house its electronic systems. A new connection offering quicker trading times between New York and the exchange group's home base of Sao Paulo opened in October. These tools will be explained at The Speed Traders Workshop 2012 Sao Paulo: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX, February 1st, BM&FBovespa, led by Mr. Edgar Perez, Adjunct Professor at the Polytechnic Institute of New York University. High-frequency traders use automated strategies to rapidly transact in and out of securities and derivatives contracts, often scanning multiple markets for signals to pursue a trade. On electronic markets, such firms' role is similar to that of a floor trader, taking the other side of transactions issued by individual investors and financial institutions. In the U.S., the business is seen driving about 53% of daily stock trading, according to estimates by the research firm Tabb Group. As of October, BM&FBovespa estimated that high-frequency traders made up 8.3% of trading in Brazilian derivatives contracts, up from 3.5% in January. High-speed dealing in shares has risen to 10.3% from 5.7% in January. Such firms' stature is seen more than doubling again in the years ahead as the exchange group rolls out a new trading system, called Puma, and constructs a new Sao Paul-based data center that will house exchange engines for matching up transactions as well as the tools of electronic trading firms. BM&FBovespa is cultivating electronic trade in partnership with Chicago-based futures exchange operator CME Group Inc. (CME), which last year activated its own new data center designed to house higher-speed systems. CME and BM&FBovespa have collaborated on development of the Puma platform, which went live in Brazil at the end of August. Currencies and derivatives on commodities and interest rates were first to migrate onto the faster platform,

with stocks and bonds slated to move over in the coming year. The data center facility now under construction in Brazil mirrors recent efforts by CME and NYSE Euronext (NYX), and will sell space and services to electronic traders and other companies that connect brokers and investors to BM&FBovespa's markets. The Speed Traders Workshop 2012 Sao Paulo will reveal how high-frequency trading players are succeeding in the global markets and driving the development of algorithmic trading at breakneck speeds from the U.S. and Europe to India, Singapore and Brazil. The Speed Traders Workshop 2012 Sao Paulo kicks off a series of presentations in the worlds most important financial centers: Dubai, January 25; Seoul, South Korea, March 28; Kuala Lumpur, Malaysia, April 11; Warsaw, Poland, May 11; Kiev, Ukraine, May 18; Singapore, May 26; Shanghai, China, June 6; Jakarta, Indonesia, June 13; Mexico City, Mexico, July 27; Hong Kong, August 4, and Moscow, Russia, August 10. Mr. Perez is widely regarded as the preeminent speaker and networker in the specialized area of high-frequency trading. He has been featured on CNBC Cash Flow (with Oriel Morrison), CNBC Squawk Box (with Geoff Cutmore), BNN Business Day (with Kim Parlee), TheStreet.com (with Gregg Greenberg), Channel NewsAsia Asia Business Tonight and Cents & Sensibilities (with Lin Xue Ling), NHK World, iMoney Hong Kong, Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Los Angeles Times, TODAY Online, Oriental Daily News and Business Times. He has been engaged as speaker at Harvard Business Schools 17th Annual Venture Capital & Private Equity Conference, High-Frequency Trading Leaders Forum 2011 (New York, Chicago, Hong Kong, Sao Paulo, Singapore), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University (New York), Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul), and 2nd Private Equity Convention Russia, CIS & Eurasia (London), among other global forums. Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a consultant at McKinsey & Co. in New York City. Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniera, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area and is an accomplished salsa and hustle dancer. Mr. Perez is one of the great business networkers and motivators on the lecture circuit; he is available worldwide for the following speaking engagements: Present and Future of High-Frequency Trading, The Real Story behind the "Flash Crash", Networking for Financial Executives, and Business Networking for Success. ###

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