Switch And Data To Examine Execution Strategies From The Market And Broker Perspectives At Its Canadian Capital Markets Event In Toronto

Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, today announced its “After Fragmentation: Execution Strategies for Dynamic Markets” industry panel event, which will address the challenges facing markets, sell-side, and buy-side firms in today’s changing Canadian capital markets. The event will be held at the St. Andrew’s Club in Toronto from 5:30 p.m. to 8:30 p.m. on April 14. Laurie Berke, Principal at TABB Group, will moderate a panel of industry experts from Alpha Trading Systems, Bank of America Merrill Lynch, BMO Capital Markets, Chi-X Canada, CIBC World Markets, CNSX, Liquidnet Canada, ITG Canada and the Ontario Teachers’ Pension Plan.

The event features two panels, which will examine the challenges surrounding liquidity fragmentation in Canada:

• The first panel, “The Markets” will discuss the trends and differentiators across the market venues, implications for banks and brokers and why fragmentation matters to buy-side traders.
• The second panel, “The Brokers” looks at the marketplace from the brokers’ perspective. This session will focus on technology and examine how the sell-side is responding to issues like sponsored access, high frequency trading (HFT), connectivity, algorithms, smart order routers (SORs) and better ways to service the needs of the buy-side in today’s fragmented marketplace.

“Our capital markets strategy events get right to the heart of what matters to the buy- and sell- sides. Right now, we are looking at what matters to the Canadian financial services marketplace – fragmentation,” said John Panzica, Vice President, Financial Services Practice for Switch and Data. “Like New York, Toronto is at the heart of the financial services industry and is experiencing the same type fragmentation as the United States and Europe. These accelerating changes are due to industry regulations, business model enhancements, and technology. These elements are increasing competition and the emphasis on low latency across the value chain.”