STP and the Fixed Income Securities Markets

The Bond Market Association is committed to assisting the industry in understanding latest developments concerning technology that have a bearing on the further implementation of electronic bond trading. We are sponsoring this interactive Lunch and Learn to demonstrate how Straight Through Processing can broaden the market for fixed income securities.

Program

Moderator: Brad Levy, Vice President, Goldman Sachs & Co., Inc.
Chairman, TBMA's Technology Education Committee

Guest Speakers: Jeffrey Mooney, Senior Special Counsel, U.S. Securities and Exchange Commission

John Burchenal, Director, TradeWeb, LLC

Greg Burnes, Director of Fixed Income Operations, CSFB

Julia Warren, Managing Director, New York Life Investment Management Company

Michael Wyne, Managing Director, Fischer Francis Trees & Watts

Other panelists will include professionals affiliated with broker-dealers, asset managers and vendors.

What is the likely follow-up to the SEC's Concept Release?

The SEC received over 50 comment letters in mid-July concerning the question of automating the matching and allocations process, whether to shorten the settlement cycle and the dematerialization of securities. We will hear from the SEC regarding next steps in this process.

How do industry members envision the development of best practices concerning STP?

Buyside and sellside professionals will comment on representations that the industry itself can make progress regarding the automation of institutional trade processing. Vendors will describe how their success to date can be further employed by market participants, including asset managers and custodians.

Learn how The Asset Managers Forum is also driving the STP solution.

How can the AMF and TBMA balance RTTM in connection with inter-dealer trades with similar standards involving customer trades? Panelists will discuss how STP advancements can facilitate opportunities to possibly expand dealers' distribution capabilities.

Space is limited. To ensure a seat sign up today! Register here

For those outside the Tri-State area, we have also arranged for a call-in number. Please contact Susan Weiss at 646.637.9293 for the toll-free number.

Registration Information

Registration Fees: $100 per individual

This Lunch and Learn was developed by the Technology Education Committee which is chaired by Brad Levy, Vice President of Goldman Sachs. This Education Committee is organized under the Association's Technology Committee. Robert MacLeod, Executive Director of Morgan Stanley, serves as Chairman of the Technology Committee. Questions regarding the activities of these Committees may be directed to Joseph Sack, Executive Vice President of the Association, at (tel.) 646-637-9265.