Programme
|
24 October 2007 |
|
|
|
Dinner (Invitations only) Sponsored by ICAP |
|
|
Guest Speaker |
|
|
Bertrand de Mazières Director General of Finance, President, AMTE European Investment Bank |
|
25 October 2007 |
|
|
|
8:00 |
|
|
Registration/Breakfast Sponsored by Tullett Prebon |
|
|
8:45 |
|
|
Welcome Remarks |
|
|
Mark Austen Managing Director European Primary Dealers Association “EPDA” |
|
|
Gonzalo Rodriguez EPDA Co-Chair, Global Head of Liquid Bond Business, Managing Director Calyon |
|
|
9:00 |
|
|
Headline Speakers Introduction |
|
|
Jens Thomsen Member of the Board of governors Danmarks Nationalbank |
|
|
Commissioner Joaquìn Almunia Commissioner for Economic and Monetary Affairs European Commission |
|
|
10:00 |
|
|
The Evolving Role of Debt Management in Europe: How have things changed since the Euro? What is the correct balance between long-term debt (pension funds) vs. short-term debt? What about the move towards inflation-linked bonds? Use of derivatives within debt management? How far can the role of the DMO be extended? How will it all change going forward? How has greater price transparency impacted debt management? Is there scope for greater integration/harmonisation of auction procedures? |
|
|
Moderator: |
|
|
Kasper Christoffersen Managing Director Goldman Sachs |
|
|
Panel: |
|
|
Maria Cannata Director General of Public Debt Ministry of the Economy and Finance, Italy |
|
|
Ove Sten Jensen Head of Government Debt Management Danish National Banken |
|
|
Spyros Papanicolaou Managing Director Public Debt Management Agency, Greece |
|
|
Gerhard Schleif Managing Director German Finance Agency |
|
|
Robert Stheeman Chief Executive UK Debt Management Office |
|
|
11:00 |
|
|
Coffee Break Hosted by MTS |
|
|
11:30 |
|
|
Regulatory Developments in the European Commission: An update on MiFID implementation and discussion around current views on extending price transparency under MiFID to regulated price transparency impact liquidity in the government bond markets. |
|
|
David Wright Director European Commission |
|
|
12:00 |
|
|
Trading Role of B-to-B Platforms; B-to-C; and OTC in the Government Debt Market: Now and the future. This panel will also include discussions around market making vs. exchange model; hedge funds accessing traditional dealer markets; convergence of trading models, competition vs. consolidation and platform abuse. |
|
|
Moderator: |
|
|
Gillian Tett Assistant Editor (Markets) Financial Times |
|
|
Panel: |
|
|
John Edwards Director of Fixed Income Sales ICAP, Electronic Broking, Europe |
|
|
Davide Iacovoni Director Ministry of the Economy and Finance, Italy |
|
|
Lee Olesky President Thomson TradeWeb |
|
|
Baudouin Richard Director Treasury & Capital Markets Belgium Debt Management Agency |
|
|
Paul Spurin Head of European Government Bond Trading ABN Amro |
|
|
Brian Tomlinson Vice President PIMCO Europe Ltd. |
|
|
13:00 |
|
|
Lunch Sponsored by Eurex Bonds |
|
|
14:15 |
|
|
Globalisation - The Evolution of Expansion and Interdependency of Financial Markets: The vision of the future including revealing new patterns of client buying behaviour and competition. How organizations can profitably localize by shifting away from today’s rigid multi-national constructs toward tomorrow’s more fluid transnational organization? |
|
|
Wendy Feller Associate Partner IBM Institute for Business Value Financial Services Sector Lead |
|
|
15:00 |
|
|
Integration of Markets within Europe - Making Markets more Accessible for Dealers and Investors: This panel will discuss the status of the removal of the
Giovannini’s Barriers on Clearing and Settlement; the ECB’s T2S securities
project; the EU Code of Conduct and the extension to other asset classes. How
is this impacting the infrastructures? How is it impacting the primary dealers?
When we can expect real benefits? And what is next? |
|
|
Moderator: |
|
|
Mark Austen Managing Director European Primary Dealers Association “EPDA” |
|
|
Panel: |
|
|
Werner Frey CEO European Securities Forum |
|
|
Sebastijan Hrovatin Policy Officer European Commission |
|
|
Carlos San Basilio Pardo Head of Marketing and Sales MTS |
|
|
Iain Saville Consultant European Central Bank |
|
|
Paul Symons Head of Public Affairs Euroclear |
|
|
15:45 |
|
|
Coffee Break Hosted by Liquidity Hub |
|
|
16:15 |
|
|
How is the Role of the Primary Dealer Changing in Europe? How is harmonisation changing the playing field? What
impact will it have on market structure and primary dealer evaluation? Will
banking consolidation result in a less or more competitive marketplace? What
is the optimum number of primary dealers? Is there a continued role for regional
players? |
|
|
Moderator: |
|
|
James Rutter Publisher Creditflux |
|
|
Panel: |
|
|
Hervé Attia Long Term Trading Bonds and Swaps Fortis |
|
|
Benoit Coeuré CEO Agence France Trésor |
|
|
Nicolas Galmiche Managing Director JP Morgan |
|
|
Jeffrey Hogan Senior Managing Director BGC |
|
|
Gonzalo Rodiguez EPDA Co-Chair, Global Head of Liquid Bond Business, Managing Director Calyon |
|
|
Erik Wilders Agent of the Ministry of Finance Dutch State Treasury Agency |
|
|
17:15 |
|
|
Closing |
|
|
Karsten Moller Senior Managing Director, Head of SIFMA Europe and Asia SIFMA |
|
|
Giovanni Mazzocchi EPDA Co-Chair, Head of Strategic and Model Trading Barclays |
|
|
17:20 |
|
|
Cocktail Reception Sponsored by BGC |
|
|
|
|
|
|
|
|
|
|
|
|
