[ by Howard Haykin ]

The SEC announced on Friday the panelists who will participate in Tuesday's market technology roundtable that will discuss the relationship between the operational stability and integrity of the securities markets and the ways that market participants design, implement, and manage complex and interconnected trading technologies.

The roundtable will begin at 10 a.m. in the multi-purpose room at the SEC’s Washington D.C. headquarters located at 100 F Street N.E.  Public is invited to attend and observe the discussion with seating available on a first-come, first-served basis.  The event also will be webcast live on the SEC website and archived for later viewing.

Morning Session - Panel 1. Focusing on the prevention of errors, including discussion about current best practices and the practical constraints for creating, deploying, and operating systems used to automatically generate and route orders, match trades, confirm transactions, and disseminate data.  Begins at 10:15 a.m.  "Preventing Errors through Robust System Design, Deployment, and Operation."   The scheduled panelists are:

• Sudhanshu Arya, Managing Director, ITG.
• Chris Isaacson, COO, BATS Exchange.
• Dave Lauer, Market Structure & HFT Consultant, Better Markets, Inc.
• Dr. Nancy Leveson, Professor of Aeronautics and Astronautics and Engineering Systems, MIT
• Jamil Nazarali, Head of Citadel Execution Services, Citadel
• Lou Pastina, EVP, NYSE Operations, NYSE
• Christopher Rigg, Partner - Financial Services Industry, IBM
• Jonathan Ross, Chief Technology Officer, GETCO LLC

Afternoon Session - Panel 2. Focusing on error response, with experts discussing how the market might employ independent filters, objective tests, and other real-time processes or crisis-management procedures to detect, limit, and stop erroneous market activities when they occur.  Begins at 2 p.m. ET.  "Responding to Errors and Malfunctions and Managing Crises in Real-Time."  Scheduled panelists include:

• David Bloom, Head of UBS Group Technology, UBS
• Chad Cook, CTO, Lime Brokerage LLC
• Albert Gambale, MD and Chief Development Officer, DTCC
• Saro Jahani, CIO, Direct Edge
• Dr. M. Lynne Markus, Professor of Information and Process Management, Bentley University
• Lou Steinberg, CTO, TD Ameritrade

The program concludes at 4:00 p.m.

For further details, go to:  [SEC PR 12-202, 9/28/12].