Overview

Each year, SIFMA’s Equity Market Structure Conference brings together sell-side, buy-side, retail, exchange and regulatory experts to examine today’s equity markets and the evolving regulatory framework that guides them.

On September 17, 2020, conference attendees participated virtually in discussions on the recommendations and actionable changes to enhance fairness, stability and transparency in the U.S. stock market. On demand content from the conference is now available through December 10, 2020.

Already registered? If you registered prior to September 17, you may access content on demand here.

If you are new registrant, signing up after September 17, please contact Caitlin Sargent to register. You will receive replay access instructions within 3 days of your registration.

Keynote Speakers

 

Equity Market Structure Conference

Registration Rates – Until 9/17/20

  • Member $199
  • Non-Member $299
  • Regulator $49

Overview

Each year, SIFMA’s Equity Market Structure Conference brings together sell-side, buy-side, retail, exchange and regulatory experts to examine today’s equity markets and the evolving regulatory framework that guides them.

On September 17, 2020, conference attendees participated virtually in discussions on the recommendations and actionable changes to enhance fairness, stability and transparency in the U.S. stock market. On demand content from the conference is now available through December 10, 2020.

Already registered? If you registered prior to September 17, you may access content on demand here.

If you are new registrant, signing up after September 17, please contact Caitlin Sargent to register. You will receive replay access instructions within 3 days of your registration.

Keynote Speakers

 

Program

11:00am – 11:05am

Participants

Ellen Greene

Speaker

Ellen Greene

Managing Director, Equity and Options Market Structure

SIFMA

Ellen Greene’s Biography

11:05am – 11:25am

Participants

Sapna C. Patel, Commissioner Allison Herren Lee

Moderator

Sapna C. Patel

Head of Americas Market Structure and Liquidity Strategy

Morgan Stanley

Sapna C. Patel’s Biography

Speaker

11:25am – 11:45am

Participants

Vlad Khandros, Brett Redfearn

Moderator

Vlad Khandros

Global Head of Market Structure and Liquidity Strategy, Global Co-Head of Principal Investments and Strategic Ventures

UBS

Vlad Khandros’s Biography

Speaker

Brett Redfearn

Director, Division of Trading and Markets

U.S. Securities and Exchange Commission (SEC)

Brett Redfearn’s Biography

11:45am – 12:35pm

In addition to changes across the world in response to COVID-19, there are significant changes to equity market structure on the horizon with SEC proposals to change the market data…

In addition to changes across the world in response to COVID-19, there are significant changes to equity market structure on the horizon with SEC proposals to change the market data infrastructure and governance of market data plans and a final ruling by the U.S. Court of Appeals for the D.C. Circuit in the market data litigation that lasted over a decade. In addition to these proposals and court ruling, this panel will examine the market resiliency in light of COVID-19 and discuss expectations from the SEC by the end of the year.

 

Participants

Sapna C. Patel, Michael Blaugrund, Tal Cohen, Hubert DeJesus, Heidi Fischer, Chris Nielsen, Adam Nunes

Moderator

Sapna C. Patel

Head of Americas Market Structure and Liquidity Strategy

Morgan Stanley

Sapna C. Patel’s Biography

Panelists

Michael Blaugrund

CFA, Chief Operating Officer

New York Stock Exchange

Michael Blaugrund’s Biography

Tal Cohen

Executive Vice President and Head of North American Market Services

Nasdaq

Tal Cohen’s Biography

Hubert DeJesus

Global Head of Electronic Trading and Market Structure

BlackRock

Hubert DeJesus’s Biography

Heidi Fischer

Managing Director, Co-Head of Execution Services, Americas

Instinet, LLC

Heidi Fischer’s Biography

Adam Nunes

Head of Business Development

Hudson River Trading

Adam Nunes’s Biography

12:35pm – 1:00pm

Lunch Break

1:00pm – 1:50pm

Broker-dealers provide regulators and market participants additional transparency through Rule 605/606 disclosures and Form ATS-N. This panel will examine how regulators use this information, areas where further transparency is warranted…

Broker-dealers provide regulators and market participants additional transparency through Rule 605/606 disclosures and Form ATS-N. This panel will examine how regulators use this information, areas where further transparency is warranted and whether heightened best execution obligations could replace the ban on locked and crossed markets and the order protection rule.

Participants

Michael Masone, Gregg E. Berman, Ph.D., Robert L.D. Colby, Jeffrey S. Davis, John Ramsay, David S. Shillman, Debbie Toennies

Moderator

Michael Masone

Director & Head of Americas Equities Market Structure

Citigroup

Michael Masone’s Biography

Panelists

Gregg E. Berman, Ph.D.

Director of Market Analytics and Regulatory Structure

Citadel Securities

Gregg E. Berman, Ph.D.’s Biography

Robert L.D. Colby

Chief Legal Officer

FINRA

Robert L.D. Colby’s Biography

Jeffrey S. Davis

Senior Vice President and Senior Deputy General Counsel

Nasdaq

Jeffrey S. Davis’s Biography

John Ramsay

Chief Market Policy Officer

IEX Group, Inc.

John Ramsay’s Biography

David S. Shillman

Associate Director, Division of Trading and Markets

U.S. Securities and Exchange Commission

David S. Shillman’s Biography

Debbie Toennies

Managing Director, Head of Regulatory Affairs - Corporate and Investment Bank

JPMorgan Chase & Co.

Debbie Toennies’s Biography

1:50pm – 2:00pm

Break

2:00pm – 2:50pm

The US equities market has evolved in 2020 with the addition of three new equities exchanges and off exchange trading representing over 40% of the market. This panel will examine…

The US equities market has evolved in 2020 with the addition of three new equities exchanges and off exchange trading representing over 40% of the market. This panel will examine the impact of these developments, consider potential areas for exchange innovation and identify areas where exchanges and broker-dealers can work together.

Participants

Vlad Khandros, Bryan Harkins, Jonathan Kellner, Mehmet Kinak, Steve Quirk, Rich Steiner

Moderator

Vlad Khandros

Global Head of Market Structure and Liquidity Strategy, Global Co-Head of Principal Investments and Strategic Ventures

UBS

Vlad Khandros’s Biography

Panelists

Bryan Harkins

Executive Vice President, Co-Head of Markets Division

Cboe Global Markets

Bryan Harkins’s Biography

Jonathan Kellner

Chief Executive Officer

MEMX

Jonathan Kellner’s Biography

Mehmet Kinak

Global Head of Systematic Trading and Market Structure

T. Rowe Price

Mehmet Kinak’s Biography

Steve Quirk

Executive Vice President, Trading and Education

TD Ameritrade

Steve Quirk’s Biography

Rich Steiner

Head, Client Advocacy and Market Innovation

RBC Capital Markets

Rich Steiner’s Biography

2:50pm – 3:10pm

Participants

Craig Messinger, Stacey Cunningham

Moderator

Speaker

3:10pm – 3:15pm

Participants

Ellen Greene

Speaker

Ellen Greene

Managing Director, Equity and Options Market Structure

SIFMA

Ellen Greene’s Biography

Media

Media Inquiries
Contact Lindsay Gilbride at 202.962.7390.

Media Registration
Contact Evan Grogan at 212.313.1134

Policy
View SIFMA’s official webinar press policy.

Terms and Conditions

Code of Conduct
SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. View our Code of Conduct and anonymous incident report form.

Cancellations
All cancellation requests are subject to a $25 processing fee and must be made in writing to SIFMA Conferences up to 48 hours before the start of the event. No substitutions or transfers will be accepted.