Fixed Income Future Leaders USA 2017

May 16-May 18, 2017

Westin Copley Place - Boston

44 (0)207 368 9330

Alex Sedgwick

Vice President, Fixed Income Market Structure
T. Rowe Price

Alex Sedgwick is a market structure analyst in Fixed Income Trading at T. Rowe Price. Mr. Sedgwick is responsible for performing custom research and analysis pertaining to market structure, liquidity, and trade cost/execution analysis across the various fixed income sectors. He is a vice president of T. Rowe Price Associates, Inc. Mr. Sedgwick has 14 years of investment experience, one of which has been at T. Rowe Price. Prior to joining the firm in 2014, he spent eight years at MarketAxess Corp. in New York, where he was most recently head of research.

Buy Side Only Initiative Evaluation Day - Tuesday May 16th 2017

10:00 AM Buy Side Leaders Panel: The buy side wish-list- What makes the dream initiative for fixed income trading?

  • The platform paradigm- How can you establish which initiative you should be supporting and why?
  • When evaluating platforms, what are the key areas you should be testing and looking out for?
  • What different platform models can help you prosper in a new electronic environment?
  • How can you establish what platform is best suited to fit into your current workflow?

Day 1- Wednesday May 17th 2017

15:50 PM 360° Perspective: The concept of ‘All to All’ (A2A) trading- Why have A2A models failed in the past and what indications are there that they will succeed now?

  • The move to A2A- Is there currently enough data and pricing in the market for the A2A protocol to be successful?
  • A2A and the concept of anonymity- is this good or bad for fixed income markets?
  • How can you improve price discovery and pre-trade transparency on A2A models?
  • Defragmentation- How can the high number of A2A models be consolidated to reduce fragmentation in the market?
  • Debate- Will A2A overtake RFQ and become the dominant form of trading in fixed income?

Day 2- Thursday 18th May 2017

08:45 AM Chairperson's Opening Remarks

15:50 PM Fixed Income Crystal Ball: How will capital markets evolve under a new Trump presidency and where will we be in 4 years time?

  • What does a Trump White House mean for financial regulation
  • What will be the knock on effects of further financial reform on electronic trading and market structure?
  • Paradigm shifts- How will global macro themes differ from the past with the potential for new trade policy restrictions and the on-going theme of de-globalisation?
  • How has the new Trump administration affected exchange rates so far, and what is next- Are there alpha opportunities or is it time to hedge, cut risk, and protect capital?

16:20 PM Chairperson's Closing Remarks