WIXLIB

Proudly presents themust-attend summit:Register by February 27, 2009toSAVE 200 off thestandard price2ndVolatilityTradingHear from ParticipatingOrganizations Such AsBLOOMBERGMORGAN STANLEYSOCIETE GENERALETMSummitStrategies and Insight for a Volatile and Bear MarketDEUTSCHE BANKCOMMERZBANKFORTIS MERCHANTBANKINGBNP PARIBASMCMILLAN ANALYSISCORPORATIONMERIDIAN EQUITYPARTNERSCONNORS CAPITALMarch 24-25, 2009 Hilton Times Square, New York, NYHear over 20 expert speakers discuss pressingissues including:LABRANCHE STRUCTUREDHOLDINGSSUSQUEHANNAINTERNATIONAL GROUPTHEMIS TRADINGInnovative methods of using VIX options to capitalize onvolatilityHUDSON BAY CAPITALMANAGEMENT Determining which sectors and industries are ripe forvolatility tradesELLINGTON MANAGEMENTGROUP Employing Greek strategies successfully in volatile anduncertain markets Trading volatility in currencies and commodities Gauging what the new environment will be on Wall St.Sponsors:PROTEOM CAPITALMANAGEMENTEVNINE & ASSOCIATESANSBACHER INVESTMENTMANAGEMENTMILLER TABAK CAPITALMANAGEMENTBANK OF NEW YORKMELLONBEST CHOICE SOFTWARETICK DATARegister Today! www.iqpc.com/us/volatilityTHINKORSWIM

Special Thanks to OurExpert Advisory Board:2ndVolatilityTradingStrategies and Insight fora Volatile and Bear MarketTMSummitScott MaysterVice PresidentTick DataJay SorkinAuthor & Options TraderBoard of Directors Member ofthe Chicago Board of TradeEducation FoundationJeremy WienVIX Options TraderSociete GeneraleMarch 24-25, 2009 Hilton Times Square, New York, NYWho You Will Meetand Who Will Attend:Senior & Head TradersOptions Traders VIX Options Traders Derivative Traders Quant Traders Principals Market Makers Portfolio Managers Presidents & CEOs Dear colleague,Market volatility will be a consistenttheme throughout most of2009. The VIX, which averaged 17.54 last year, jumped to 89.53,its highest intraday level on Oct. 24and closed at a record of80.06 three days later. The S&P 500rose or fell at least 1 percentin 86 percent of October’s tradingdays, making it the secondmost volatile month in its 80-yearhistory. Only November 1929produced bigger swings. Traders expect the VIX to maintain arange in the 50’s for months to come. This presents hugepotential for those who have theknow-how of pulling offvolatility trading strategies.Don’t miss this opportunity to network with peers and businessopportunities while listening to speakers examine new data sets,strategies, products, and skills that can increase a trader’s odds ofgains in a bear market.Sincerely,Marie Louise-AldercreutzTeam Leader, Finance IQA Division of IQPCmarielouise.adlercreutz@iqpc.com2P.S. Maximize your experienceby attending our highlyinteractive and informativepost-conference workshops!See page 4 for details.Register Today! www.iqpc.com/us/volatilityFROM: Hedge Funds Volatility Funds Asset Management Firms Bank Proprietary Desk Traders Brokerages Institutional InvestorsAbout the organizer:Among the world’smost cutting edgefinancial conferenceorganizers, Finance IQ provides strategicevents across the US, Europe, Asia and theMiddle East every year, educating almost5,000 high-level executives annually. Ourcomprehensive events provide an unbiased,specialist forum where you can discuss theissues most important to you and networkwith industry leaders.Finance IQ is a division of the InternationalQuality and Productivity Center(www.iqpc.com), a global conferencecompany with offices across six continents.“Don’t lose a minute of tradingactivity! Finance IQ and the hostingvenue will make arrangements toprovide all attendees with Internetaccess during the conference.Finance IQ staff realize that theconference will be running duringregular trading hours andencourage attendees, speakers,and sponsors to bring their laptopsin order to trade as if they wereright in their office.”

Main Conference Day OneTuesday, March 24, 20098:00Registration and Refreshments12:45Networking Luncheon8:45Chairperson’s Welcome and Opening Remarks1:45Swimming in the Deep End: Dark Pools andVolatilityTom SosnoffCEOThinkorswim 9:00Gauging the New Environment on Wall Street Emerging indicators of volatility movements in future environmentApplying lessons from economic and market panic for bettervolatility trading techniquesAssessment of exit of government positions in financial institutions Jay SorkinAuthor & Options TraderBoard of Directors Member of the Chicago Board of TradeEducation FoundationJoe SaluzziCo-Head of Equity TradingThemis Trading9:45Innovative Methods in Using VIX Options toCapitalize on Volatility Examining VIX futures and options unique features and applicationsUsing VIX instruments to hedge a portfolioEmploying VIX products for prop trades, volatility views, andvolatility of volatilityRoss MooreCEOLaBranche Structured Holdings LLC2:30Michael McCartyChief Equity & Option StrategistMeridian Equity PartnersExtracting Relative Value Opportunity from Volatility Jeremy WienVIX Options TraderSociete GeneraleBud HaslettCFA, CEOMiller Tabak Capital Management3:15Afternoon Networking Refreshments3:45Assessing Models for Volatility and Building andMaintaining Historical Time-Series MarketDatabases: Best Practices and Pitfalls Morning Networking Refreshments11:15Successful Greek Strategies in a Bear Market Utilizing delta, gamma, rho, theta, and vega in volatile timesUsing the Greeks for butterfly, iron condor, straddle, strangle, andcovered call strategiesImplementing bull call spreads to hedge volatility Ross MooreCEOLaBranche Structured Holdings LLC12:00 4:30KEYNOTE: Volatility Arbitrage Discussing the relative efficiency of historical volatility measuresLong memory in volatility processesIdentifying a new approach to volatility forecastingTesting option market efficiencyForecasting volatility in emerging marketsDiscussing sign dynamics and volatility dynamics: how volatilitymakes markets predictableJonathan KinlayCEOProteom Capital ManagementSponsors:Neal FalkenberryCFA, SVPTick DataVolatility Forecasting & Market Efficiency Determining best models, such as Newton-Raphson or Brent methods,for implied volatilityUtilizing stochastic volatility and local volatility models to measure thevolatility smileUsing “term structure of volatility” and “implied volatility surface” toassess various options for an underlierExamining non-Gaussian option pricing and a multi-scale model of volatilityOverview of what comprises a sound historical data solutionSourcing your research dataDiscussing corporate actions & ticker mappingFiltering data for bad ticksExamining survivorship biasIdentifying the Build vs. Buy decisionLisa BorlandHead of Derivatives ResearchEvnine & AssociatesDavid PalmerSenior Managing DirectorHudson Bay Capital ManagementChristopher JacobsonChief Options StrategistSusquehanna International GroupUsing equity volatility to hedge equity and credit portfoliosAssessing divergence signals from quantitative multi-factor strategiesIntegrating equity styles and popular thematic strategiesIdentifying time-varying spreads between the VIX and momentum modelsSivan MahadevanManaging DirectorMorgan StanleyLawrence McMillanPresidentMcMillan Analysis Corporation10:45Assessing dark pools impact on other trades in a portfolioMasking trading activity to hedge volatility riskRemaining one step ahead of a volatile market by recognizing darkpool activityExecuting correlated trades in other markets Constructing a good (accurate, smooth, arbitrage free) impliedvolatility surfaceArbitraging different estimates of historical volatilitySkew arbitragesExamining links between vanilla options, VIX options and varianceoptionsDiscussing the optimal implementation of dispersion tradesBruno DupireSenior Researcher, Quantitative ResearchBLOOMBERG5:15Chairman’s Closing Remarks andEnd of Conference Day 1Register Today! www.iqpc.com/us/volatility3

Main Conference Day TwoWednesday, March 25, 20098:00Registration and Refreshments10:30Morning Networking Refreshments8:45Chairman’s Opening Remarks11:00Analyzing Dispersion Trading9:00Best Sectors and Industries for Volatility TradePlays Panelists will discuss and debate which sectors and industrieswill provide the best opportunities for volatility trading.9:45 Capitalizing on the mispricing of different volatility marketsEffectively taking advantage of relative value differences inimplied volatilities between an index and a basket ofcomponent stocksProfiting from uncorrelated measures of returnsLarry ConnorsManaging DirectorConnors CapitalPhilippe CombescotDirector of Global Structuring GroupBNP ParibasTrading Volatility in Currencies andCommoditiesArthur CondodinaDerivatives Trading OfficerBank of New York Mellon Assessing which currency and commodity trading modelsthrive in volatilityUsing one-week and one-month currency optionsAnalyzing the top 15 traded currency pairs for opportunitiesLutz KarpowitzSenior Foreign Exchange StrategistCommerzbankSunny DeckerPresidentBest Choice Software11:45 Caio NatividadeHead of FX Derivatives StrategyDeutsche BankPeter DobranszkyModel Validation QuantFortis Merchant BankingIdentifying how Making Money in theMarkets is not that Difficult Seasonal Cycles show when a Stock or Commodity will moveDirectional Options produce, Quick, Big ProfitsSunny DeckerCEOBest Choice Software12:30Networking LuncheonPost-Conference WorkshopWednesday, March 25, 20091:30 pm– 3:30 pmCommodity Market Models with Stochastic Volatility and JumpsThis workshop will address advanced modeling and numerical techniquesthat are fitting for today’s market situation, where volatility and jump riskpremia have become more pronounced than ever. The participants willmeet best practices as well as get insight into cutting edge techniques. What we will cover: Potentials and limits of affine jump diffusion models Option pricing using characteristic functions and Fourier inversionRisk management by capturing the dynamics of commodity pricesSimulating future volatility paths and calculating VaRAssessing the impact of spot price jumps on commodity varianceswapsProbing links to interest rates, credit, equity, and foreign exchangemodelingWorkshop Leaders:Peter Dobranszky, Model Validation Quant, Fortis Merchant BankingConcurrent Show Case Seminar1:15 pm– 4:30 pmBest Choice Software will be presentingThe magic ‘Formula’ for making huge profits: D D S T S Direction;Duration; Strike; Timing; Selling Sponsors:The difference between a regular chart and a Logarithmic chartHow we apply “Alert Lines” to the ‘Log’ chart that show when a Stockor Future is ‘Low’, and will go up, and shows when it is too ‘High’ andwill go downThese are called ‘Turn around’ times The “Extremes”A Best Choice exclusive that displays the Volatility of a Stock or FutureUsing the “Search Wizard” to find the best stockUsing the “Cycle Wizard” to determine the best time to enter a tradeHow to select the best ‘Option’ and ‘Strike Price’ to make the greatestprofitWinning 90% of all tradesRegister Today! www.iqpc.com/us/volatility4