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November 
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SPeaker

Dan Gerard, Senior Multi-Asset Strategist, State Street Global Markets 

 

Moderator:

Katie Kolchin, CFA, Managing Director, Head of Research, SIFMA

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Moderator:

Billy Dunne, Partner, Deliotte

 

Panelists:

Celeste Wright Harris, Chief Human Resources Officer, Loop Capital Markets

Hui Lin, Ph.D, Professor of Accountancy; Director, School of Accountancy & MIS; Director, Dreihaus Center for International Business, DePaul University

Tessa Schneider, Partner, Deloitte

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PANELISTS

Gene DeMaio, FINRA

Mark Morrison, Bank of America


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Matt Grinney, Managing Director, Federal Advocacy, SIFMA

Courtney Ryan, Vice President, Federal Government Affairs, SIFMA

 


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JJ Kinahan, Tastytrade


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Ovi Montemayor, Managing Director, Financial Markets Services, Charles Schwab | TD Ameritrade

Sapna Patel, Morgan Stanley


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Steve Crutchfield, Head of Business Development, Chicago Trading Company


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Market Structure Conference - 2024 Program
Wednesday
, 
November 
01
 — 
Thursday
, 
November 
02

June 16–17, 2021  |  Virtual

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Kate Zickel is a host of exceptional ability. Studies show that a vast majority of guests attending events by Kate have been known to leave more elated than visitors to Santa's Workshop, The Lost of Continent of Atlantis, and the Fountain of Youth.

Laurie Moore is a host of exceptional ability. Studies show that a vast majority of guests attending events by Laurie have been known to leave more elated than visitors to Santa's Workshop, The Lost of Continent of Atlantis, and the Fountain of Youth.

Market Structure Conference - 2024 Program

Market Structure Conference

November 16, 2021

2024

New York Law School | New York, NY

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October 4–7

|  In-person and virtual

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October 4–7

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2024 PROGRAM

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.

Registration is open: Join us in New York City on November 16, from 10:00 a.m. - 4:00 p.m. ET, to discuss recommendations and actionable changes to improve the efficiency and resiliency of U.S. equity market structure.

 

Stay tuned for program and speaker announcements coming soon.

SIFMA’s 48th Annual Operations Conference & Exhibition | October 4-7, 2021

As we develop the 2024 program, refer to the 2023 Market Structure Conference program for a sample of the Listed Options and Equity Markets topics discussed at this annual conference.

 

All times are Eastern Time (ET).

VIEW 2023 PROGRAM
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As we develop the 2024 program, refer to the 2023 Market Structure Conference program for a sample of the topics discussed at this annual conference.

 

VIEW 2023 PROGRAM button


All times are Eastern Time (ET).

• Artificial Intelligence
• Operational Risk
• Accelerated Settlement Cycle
• Consolidated Audit Trail (CAT)
• Industry Modernization Efforts
• Central Bank Digital Currencies (CBDC)
• Cybersecurity and more

Artificial Intelligence

Industry Modernization Efforts

Operational Risk

Future of Financial Services Workforce

Accelerated Settlement Cycle

Central Bank Digital Currencies (CBDC)

Consolidated Audit Trail (CAT)

Cybersecurity and more

CDC, state and local guidelines will be followed on-site. Check back in June for details of the protocols we're putting in place - which we'll continue to review and update - as well as information on the program format.

You may also be interested in the Listed Options Symposium, which will be held on November 9.

We look forward to seeing you and collaborating in person. Virtual option also available.

Program

All times below are Eastern Time (ET).


Join us at our next Market Structure Conference: November 19-20, 2025.


VIEW 2023 PROGRAM
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All times in Central Time (CT).

Listed Options: November 6, 2024
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Equity Markets: November 7, 2024
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Friday, June 16
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Thursday
September 23, 2021
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On Demand
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8:30 a.m. - 4:00 p.m.


Registration Desk Hours

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8:30 a.m. - 9:30 a.m.


Networking Breakfast

Sponsored by IMC Chicago

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9:30 a.m. - 9:40 a.m.


Welcome Remarks

Ellen Green, Managing Director, Equity and Options Market Structure, SIFMA

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Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA

 

9:40 a.m. - 10:10 a.m.


A Fireside Chat with Ed Tilly, Clear Street


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SPEAKER

Ed Tilly, President and CEO-Elect, Clear Street

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moderator

Steve Crutchfield, Head of Business Development, Chicago Trading Company

10:10 a.m. – 11:00 a.m.


State of the Options Industry

Market practitioners will take a deep dive into trading and market trends and share thoughts on what customers are doing, when they’re trading, and where the activity is originating from.

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panelists

Arianne Adams, Chief Strategy Officer, Webull Financial

Greg Ferrarri, VP & Head of North American Exchange Trading, Nasdaq

Larry Tabb, Director of Market Structure Research, Bloomberg

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11:00 a.m. – 11:20 a.m.


Networking Break





11:20 a.m. – 11:50 a.m.


Election Day is Over – What’s Next for Markets?

Higher rates. Geopolitical tensions. Good news/bad news economic data points. And now the election. Yet markets keep going, and it is more than the Magnificent 7. The day after election day, we assess the state of markets and what a Harris or Trump administration could mean for the economy, monetary policy, and markets.

SPeaker

Dan Gerard, Senior Multi-Asset Strategist, State Street Global Markets 

Moderator

Katie Kolchin, CFA, Managing Director, Head of Research, SIFMA

To be announced

Moderator:

Billy Dunne, Partner, Deliotte

 

Panelists:

Celeste Wright Harris, Chief Human Resources Officer, Loop Capital Markets

Hui Lin, Ph.D, Professor of Accountancy; Director, School of Accountancy & MIS; Director, Dreihaus Center for International Business, DePaul University

Tessa Schneider, Partner, Deloitte

moderator

Katie Kolchin, 

11:50 a.m. – 12:40 p.m.


Regulatory Developments and Clearing Updates

With heightened focus on the options markets, are regulatory changes keeping pace? Panelists will provide their thoughts on items that are top of mind including proposed changes to intraday margin, day trading, the status of position limit increases, and the use of CAT data to surveil the markets.

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PANELISTS

Megan Cohen, General Counsel and Corporate Secretary, OCC

Gene DeMaio, Head of Regulatory Services, FINRA

Angelo Evangelou, Chief Policy Officer, Cboe Global Markets

Mark Morrison, Director, Global Prime Financing, Bank of America

moderator

Charles A. Sommers, Partner, Securities Enforcement and Regulatory, Sidley Austin

12:40 p.m. – 1:45 p.m.


Networking Lunch

Sponsored by 




1:45 p.m. – 2:35 p.m.


What’s Next for Options Market Structure?

Join industry leaders for an insightful discussion on the evolution of options market structure and its’ impact on investors and market participants. 

Panelists will discuss how volume growth and the competitive landscape continue to mature with new exchanges, consolidators, and executing brokers facing heightened competitive pressures. Panelists will opine on what this means for investors and if the market ecosystem can continue to expand without impacting market resiliency.

panelists

Shelly Brown, Executive Vice President, Strategic Planning and Business Development, Miami International Holdings

Paul Jiganti, Managing Director, IMC Financial

Christopher Larkin, Managing Director, Head of Trading, E*Trade by Morgan Stanley

Sean Truett, Senior Vice President Strategy & Business Development, BOX Options

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Pat Hickey, Managing Director, OCC

2:40 p.m. – 3:10 p.m.


Sorting Out the Numbers: What Happened on Election Day?

Will it be too soon to predict the election outcome as we gather on November 6th? With the election still in its early stages, with polls having recently closed and votes in the process of being counted, experts will opine on the enthusiasm of the preliminary results and drill down on how it may influence the financial services sector.

SPEAKER

Matt Grinney, Managing Director, Federal Advocacy, SIFMA

Courtney Ryan, Vice President, Federal Government Affairs, SIFMA

 

Moderator

Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA

3:10 p.m. – 3:30 p.m.


Networking Break

Sponsored by MIAX




3:30 p.m. – 4:20 p.m.


What’s Driving Options Customers?

Retail and institutional customer enthusiasm continues to fuel strong volumes in the listed options market. Subject matter experts will share their views on what’s driving this growth and whether it will continue unabated as new products and strategies continue to capture the imagination and trading dollars of investors.

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speaker

David Dooman, Head of ATS & Retail Consolidator, Dash Financial Technologies

JJ Kinahan, CEO, IG North America, Tastytrade

Steve Quirk, Chief Brokerage Officer, Robinhood Markets

Andrew McCormick, Head of eToro US, eToro

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moderator

John Palmer, Head of Options, IEX 

4:20 p.m. – 4:30 p.m.


Day 1: Closing Remarks

In this conversation with Piper Sandler's Deb Schoneman, she will share her insights into trends and their impact on the securities industry as well as pivotal leadership lessons and what's ahead. Ms. Schoneman serves as president of Piper Sandler, which she joined in 1990. Ms. Schoneman has held positions in the accounting department as well as several senior management positions including global head of equities, chief financial officer, finance director of both equity and fixed income capital markets, and treasurer.

Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA

Speaker

Moderator:

Jacob Folks, CFA, Partner, Assurance, EY


Speaker:

Deb Schoneman, President, Piper Sandler

 

4:30 p.m. – 5:30 p.m.


Networking Reception

Sponsored by Crowe LLP



 

5:15 p.m. – 5:20 p.m.


Day 1 Closing Remarks


Speaker:

Ann Cheeseman, Partner, EY


 

6:00 p.m. - 7:00 p.m.


Welcome Reception

Special Purpose Acquisition Corporations (SPACs) have exploded in recent years, far overtaking traditional IPOs as a means of going public. The pace of so-called de-SPAC transactions has also accelerated, as has the pace of lawsuits asserting securities fraud in connection with either the SPAC formation, the de-SPAC transaction, or sometimes even both.

The panel will focus on SPAC litigation trends and highlight the following topics:

• SEC commentary and enforcement activity
• The applicability (or not) of the PSLRA statutory safe-harbor to the de-SPAC
• Current state of case law
• Best practices to reduce litigation exposures


Moderator: Kenneth E. Bentsen, Jr., President and CEO, SIFMA

Speakers

• Kenneth E. Bentsen, Jr., President and CEO, SIFMA

• Kenneth E. Bentsen, Jr., President and CEO, SIFMA

 • Kenneth E. Bentsen, Jr., President and CEO, SIFMA

11:00AM – 11:30AM


Navigating the SPAC Formation and De-SPAC Transaction Litigation and Enforcement Landscape, Sponsored by Greenberg Traurig

Special Purpose Acquisition Corporations (SPACs) have exploded in recent years, far overtaking traditional IPOs as a means of going public. The pace of so-called de-SPAC transactions has also accelerated, as has the pace of lawsuits asserting securities fraud in connection with either the SPAC formation, the de-SPAC transaction, or sometimes even both.

The panel will focus on SPAC litigation trends and highlight the following topics:

• SEC commentary and enforcement activity
• The applicability (or not) of the PSLRA statutory safe-harbor to the de-SPAC
• Current state of case law
• Best practices to reduce litigation exposures


Moderator: Kenneth E. Bentsen, Jr., President and CEO, SIFMA

Speakers

• Kenneth E. Bentsen, Jr., President and CEO, SIFMA

• Kenneth E. Bentsen, Jr., President and CEO, SIFMA

 • Kenneth E. Bentsen, Jr., President and CEO, SIFMA


Sponsored Digital Learning Lab: Smarsh: Future-Proof Compliance: The Intersection of Technology and Oversight

Communications compliance technology can help firms navigate today’s regulatory and risk landscape.

As technology and business needs constantly evolve, identifying and mitigating the risks of your remote workforce helps firms avoid costly fines and reputational damage, and gain strategic insight on how to tackle communications oversight.

Speaker

Aaron Nelson, Senior Solutions Consultant, Smarsh

8:30 a.m. – 4:00 p.m.


Registration Desk Hours


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Speakers

Speaker: Paul J. Nockels, Partner, Assurance Services, RSM US LLP

8:30 a.m. – 9:30 a.m.


Networking Breakfast


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Speaker: Paul J. Nockels, Partner, Assurance Services, RSM US LLP

9:30 a.m. - 9:40 a.m


Welcome Remarks


Speaker:

Keith Wenk, Director of Regulatory & External Reporting, Accounting Policy, and Risk Edward Jones

Speaker

Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA

9:40 a.m. – 10:10 a.m.


A Fireside Chat with Chris Concannon, MarketAxess


Speaker

Chris Concannon, Chief Executive Officer, MarketAxess


moderator

Eric Noll, CEO, FusionIQ

10:10 a.m. – 11:10 a.m.


Reg NMS Take 2: Where is Equity Market Structure Headed?

Our subject matter experts will share their views on potential impacts to the equity markets from the recently approved changes to Reg NMS. Panelists will explore how the new half-cent tick increment, reduction to access fees and updates to market data will affect market participants and investors. Panelists will also opine on the finalization of the remaining 3 SEC proposals.

Panelists

Chuck Mack, Vice President, Head of Strategy & Market Structure North American Markets, Nasdaq

Ovi Montemayor, Managing Director, Financial Markets Services, Charles Schwab

Sapna Patel, Head of Market Structure and Liquidity Strategy, Morgan Stanley

Bojan Petrovich, CFA, Managing Director and Global Head of Equity Trading, JP Morgan Asset Management

moderator

Brett Redfearn, Founder and CEO, Panorama Financial Markets Advisory

11:10 a.m.- 11:30 a.m.


Networking Break 

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11:30 a.m. - 12:30 p.m.


Market Regulation and Resiliency

As regulators continues to evaluate the framework of rules, policies, and oversight which governs the equity markets, panelists will share their views on how potential proposals could impact fairness, transparency, efficiency, and protection for investors.

panelists

Adrian Griffiths, Head of Market Structure, MEMX

Daniel Mathisson, Senior Policy Advisor, U.S. Securities and Exchange Commission

Jonah Platt, US Head of Government & Regulatory Policy, Citadel

Racquel Russell, Senior Vice President and Director of Capital Markets, FINRA

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moderator

James R. Burns, Partner, Cleary Gottlieb

12:30 p.m. - 1:30 p.m.


Networking Lunch

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1:30 p.m. - 2:30 p.m.


Market Centers: Competition, Innovation… What’s Next?

Equity market structure continues to evolve due to technological advancements, regulatory changes, and shifting market dynamics. This drives competition, innovation, reduces costs, and enhances market quality. Join panelists for an insightful discussion on key trends and how they may impact market quality for institutional and retail investors.

panelists

Erika Charnley, Equities and FX Business Development, Virtu Financial

Roman Ginis, Founder and Chief Executive Officer, Imperative Execution

Bill Harts, CEO, Long Term Stock Exchange

Brian Hyndman, President and Chief Executive Officer of Blue Ocean Technologies, LLC

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moderator

Michael Masone, Director & Head of North Americas Equity Market Structure, Citigroup

2:30 p.m. - 2:50 p.m.


Networking Break

Sponsored by MIAX

panelists

Erika Charnley, Business Development, Equities and FX, Virtu Financial

Roman Ginis, Founder and Chief Executive Officer, Imperative Execution

Bill Harts, CEO, Long Term Stock Exchange

Brian Hyndman, President and Chief Executive Officer of Blue Ocean Technologies, LLC

2:50 p.m. - 3:50 p.m.


Trends in Retail Trading

Retail investors have never had it better. Benefits include ease of access, zero to low dollar commissions, superior execution quality and the emergence of new products and strategies. Collectively, this continues to pique the interest of main street. Panelists will explore the continuing evolution of retail trading, future growth opportunities, along with potential pitfalls that could derail it.

PANELISTS

Matt Billings, Vice President, Brokerage & President, Robinhood Financial & Robinhood Securities

Mark Davies, Co-Founder and CEO, S3

Ron Hooey, Head of Client Execution Quality and Order Flow, BNY Pershing

Jacob H. Rappaport, Global Head, Equities, StoneX Group Inc. 

moderator

Adam Gould, Managing Director, Global Head of Equities, TradeWeb

3:50 p.m. - 4:20 p.m.


A Fireside Chat with Libby Cantrill, PIMCO


speaker

Libby Cantrill, Head of U.S. Public Policy and Managing Director, PIMCO


moderator

Kenneth E. Bentsen, Jr., President and CEO, SIFMA

4:20 p.m. - 4:30 p.m.


Closing Remarks


speaker

Ellen Greene, Managing Director, Equity and Options Market Structure, SIFMA

4:30 p.m. - 5:30 p.m.


Networking Reception


Speaker:

Charles DiVuolo, Executive Director, Corporate Investment Bank, JPMorgan Chase & Co.



6:00PM – 7:00PM


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7:30PM – 8:30PM


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For in-person attendees,
Ops 2021 will be held at Fontainebleau Miami

See you at the

#SIFMAMarketStructureConf

 

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