8:00    Breakfast with Exhibitors

  8:50     Chairperson’s Opening Remarks
              Sang Lee, Co-Founder and Managing Partner
              Aite Group

  9:00    Opening Roundtable: How is Technology Enabling
           the Rise of Multi-Asset Class Trading?
               Moderator:
                Sang Lee, Co-Founder and Managing Partner
                Aite Group
               Panelists:
                Frank Brown, Chief Technology Officer
                EdgeTrade
                David Litner, Vice President & Chief Technology Officer
                TransactTools
                Eric Karpman, Vice President
                BNY Asset Management
                Richard Tibbetts, Senior Architect, Office of the CTO
                StreamBase Systems, Inc.
                Brad Golding, Managing Director
                Christofferson, Robb & Company

 10:00    The Impact of Market Structure Changes and Reg NMS
           on Business and Technology Requirements
              Moderator:
                David Easthope, Analyst
                Celent
              Panelists: 
                Len Amoruso, Chief Compliance Officer & Counsel
                Knight Capital Group
                John Coulter, Vice President
                Vhayu Technologies
                Brian Hyndman, President, BRUT; Senior Vice President, Transaction
                  Services
                The NASDAQ Stock Market, Inc.
                Michael Slater, Senior Engagement Manager
                Random Walk Computing

 11:00    Refreshment Break with Exhibitors

 11:30    Transaction Cost Research: using Technology to Harness
           critical Methods for analyzing the True Cost of a Trade
           and Ensuring Best execution
              Moderator: 
                Bernard Donefer, Adjunct Associate Professor
                NYU/Stern School of Business
              Panelists:
                Robert Kissell, Vice President
                JP Morgan
                Jamie Noser, Senior Vice President
                Abel/Noser Corp.
                Thomas Rodde, Vice President, Trading Analytics
                Fidelity Investments

 12:15    STP Update: What are the Impediments to Straight Through
           Processing and How are They Being Overcome with
           Firm-wide and Industry-wide Initiatives?
              Moderator:
                Sang Lee, Co-Founder and Managing Partner
                Aite Group
               Panelists:
                Jonathan Dean, STP Product Manager
                MarketAxess
                Lee Cutrone, Managing Director, Industry Relations
                Omgeo
                Henry Belusa, Vice President, Product Management
                DTCC

  1:00       Luncheon with Exhibitors

  1:45     Co-Chairperson's Introduction
              Joseph Rosen, Managing Director,
                Trading Technology
              New York Stock Exchange

  1:50     Supporting Recent developments in the Buy-Side/Sell-Side
            Relationship
              Meredith Moss, Vice President,
                Institutional Equities
              Reuters
              Joseph Saluzzi, Partner
              Themis Trading
              Sarah Diamond, Global Financial Markets
                 Industry Leader
              IBM Consulting Services

  2:30     Best execution: What Does It Mean Today and
           How Do We ensure It?
              Tal Cohen, Director of Business
                Development
              Instinet
              Pankil Patel, Director, Head of Americas
                AES Trading
              Credit Suisse First Boston
              David Margulies, Program & Algo Trading
              Susquehanna Financial Group
              Vijay Kedia, President
              Flextrade

  3:15     Refreshment Break with Exhibitors

  3:30      Build or Buy? Balancing Internal development and
            external Systems/Solutions for Trading, OMS and STP
              Steven A. Smith, Chief Executive Officer
              4th Story
              Alan Paris, Director, Advisory Services
              PricewaterhouseCoopers
              Charles Kennedy, Managing Director, Information Technology,
                Algorithmic & Program Trading Group
              Piper Jaffray

  4:15     The Growth of Algo Trading and Direct Market Access:
           How Do We Keep up Technologically?
              Michael Richter, Executive Vice President
              Lime Brokerage
              Robert Flatley, Managing Director
              Banc of America Securities
              William Geyer, Managing Director, Global
                 Head of Alternative Execution
              Citigroup

  5:00   Conference Adjourns