The Derivatives Forum Frankfurt 2022 was held for the first time as a hybrid event, with thought leadership insights, industry debates, keynote speeches and physical networking opportunities. The Derivatives Forum Frankfurt took place on May 24 and 25 at the Congress Center. The Derivatives Forum is the leading European event focused on trading and clearing for derivatives and securities financing across asset classes
Networking Breakfast - Women In Derivatives (WIND)
Open for all registered ladies
Speakers:
Eckert, Heike, Member of the Executive Board, Deutsche Börse
Sell, Christina, Chief Sustainability Officer Trading & Clearing, Deutsche Börse
10:30 - 10:45
Welcome & Housekeeping Notes
Michael Peters, CEO Eurex and Annette Weisbach, Correspondent Germany, CNBC
10:45 - 11:05
Keynote: Deutsche Bank
Simon, Stefan, Chief Administrative Officer, Deutsche Bank
11:05 - 11:50
Panel: Navigating politics in 2022
Political and macro-economic developments within the EU and beyond – what are the implications for the financial markets?
What is the global political framework post-COVID?
What are the evolution of the European capital markets and the next steps for advancing the CMU project?
What is the future relationship between the EU and UK and the future of pan-European regulations?
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speakers:
Book, Thomas, Member of the Executive Board, Deutsche Börse
Lück, Martin, Investment Strategist, BlackRock
Simon, Stefan, Chief Administrative Officer, Deutsche Bank
Toncar, Florian, Parliamentary State Secretary, Federal Ministry of Finance Germany
12:50 - 13:10
Keynote: Goldman Sachs
Mueller-Glissmann, Christian, Head of Asset Allocation Research, Goldman Sachs
13:10 - 13:15
Fireside Chat: Crypto & derivatives
Crypto assets are growing at a rapid pace, with increasing interest from institutional investors, which is driving renewed focus on developing robust standards and legal foundations.
How Central Banks are addressing Central Bank Digital Currencies (CBDC)
Why Crypto regulation must stay ahead of innovation
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speaker:
Giancarlo, J. Christopher, Former Chairman, US Commodity Futures Trading Commission
14:00 - 14:15
1 on 1 Session: Cryptocurrency fad or forever?
The price of bitcoin more than doubled during 2021 providing huge trading opportunities.
With digital currencies being launched by central banks, what is the future of digital assets?
Looking beyond bitcoin to the future of digital assets.
What impact will central bank digital currencies have on the market?
What is the outlook for digital currencies in 2022 and beyond?
Moderator:
Lancaster, Ross, Head of Research, Acuiti
Speaker:
Sandner, Philipp, Head, Frankfurt School Blockchain Center
1 on 1 Session: Latest trends and opportunities across asset classes and markets
Moderator:
Mitting, Will, Founder & CEO, Acuiti
Speaker:
Syrimis, Pavlos, Managing Director, Head of Single Stock Vol Trading, Goldman Sachs
1 on 1 Session: The role of derivatives in the sustainability transition
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speaker:
Engelberts, Pauline, Global Chief Operations Officer, ABN AMRO Clearing Bank
14:30 - 15:15
Panel: CCP Switch and the future of EU and UK regulations
The EU gives itself three more years to end euro clearing reliance on London. What’s next?
What is the relationship between EU and UK for regulations in the future?
What will be the consequences if equivalence is not maintained?
What are the developments in other jurisdictions?
Moderator:
Mourselas, Costas, Senior staff writer, Risk.net
Speakers:
Bonin, Gaspard, Deputy Global Head of Derivatives Execution & Clearing, BNP Paribas
Graulich, Matthias, Member of the Executive Board, Eurex Clearing
Karl, Ulrich, Head of Clearing Services, ISDA
Löber, Klaus, Chair of the CCP Supervisory Committee, ESMA
Roßberg, Thilo, Head of Fixed Income, Currency & Commodity Markets, LBBW
Panel: Navigating a New Era of Cross-Asset Volatility
Tightening monetary policy and inflationary pressures are adding to the risks facing investors this year. They're also creating opportunities for volatility trades across asset classes. This panel will examine the fresh forces shaping volatility markets and how investors can take advantage.
Where are the new volatility opportunities?
Managing the new normal – inflation, geopolitical risks, central bank tightening
Tail risk hedging – what’s next?
Moderator:
Mitting, Will, Founder & CEO, Acuiti
Speakers:
De Quiros, Hugo Bernaldo, Senior Cross Asset Trader, Optiver
Hekster, Tobias, Co-CIO, True Partner Capital
Möhrle, Marc, Portfolio Manager, DWS
Panel: Institutional adoption of crypto assets
Institutional investors are rapidly increasing adoption of crypto assets. What are the prerequisites for entering the crypto space, and how will growing institutional adoption impact crypto liquidity?
The path of least resistance – and how pre-post trade is in line with traditional market infrastructure
What are the existing ETPs?
What is the role of cash settled products for institutional adoption?
Credit intermediaries and the lack of Prime Brokers
Moderator:
Khasawneh, Radi, Derivatives Editor, GIG
Speakers:
Carlton, Edd, Institutional Digital Asset Trader, Flow Traders
Laesser, Konrad, Head of Sales EMEA, Genesis Trading
Sarbhai, Sagar, Head of Business Solutions, Fireblocks
Strijers, Luuk, Chief Commercial Officer, Deribit
15:45 - 16:05
Keynote: What is next in ESG Multi Asset?
Friede, Gunnar, Head of ESG, Multi Asset & Solutions, DWS Investments
Keynote: Trends in EURO STOXX 50 Futures - A Review of Two Decades
Menkveld, Albert J, Professor of Finance, Vrije Universiteit Amsterdam
16:20 - 17:05
Panel: The evolution of the ELP
Electronic liquidity providers have invested significantly in their direct to client offerings over the past few years. What does that mean for liquidity, competition, and buy-side execution?
How are ELPs approaching different asset classes and diversifying product offering?
How is the competitive landscape for ELPs evolving?
How are ELPs seeking to expand the warehousing of risk and offering to the buyside?
Moderator:
Mitting, Will, Founder & CEO, Acuiti
Speakers:
Bibb, Rebecca, Executive Director, Single Stock Vol Trading, Goldman Sachs
Hardiman, Cathal, Head of Direct Counterparty Trading Europe, IMC Trading B.V.
Roth, Randolf, Member of the Executive Board, Eurex
Panel: Embracing innovation in Repo
Repo markets have shot to prominence over the last three years. But how has the industry used the spotlight to launch new products and innovation?
What have repo markets learned over the past three years?
Where is innovation today in repo?
How is cleared repo creating new opportunities for the buy-side and their banks?
Moderator:
Galper, Josh, Managing Principal, Finadium
Speakers:
Keltner, Travis, Managing Director, Head of Repo Trading and Financing Solutions, State Street
Odendall, Frank, Head of Securities Financing Product & Business Development, Eurex
Subramanian, Karthik, Executive Director, Financing desk, J.P. Morgan
17:20 - 18:05
Panel: ESG risk management from a pension fund perspective
This panel will be looking specifically on the challenges and implementation trends in ESG Risk management from a pension fund perspective.
How are pension funds approaching risk management in ESG?
What challenges remain?
How are the upcoming EU regulatory changes simplifying ESG risk management for pension funds?
Moderator:
Webb, Dominic, Reporter, Responsible Investor
Speakers:
Hielkema, Petra, Chairperson, EIOPA
Kaiser, Lars, Head of Group Sustainability, VP Bank AG, Vaduz, Liechtenstein
Leppälä, Matti, Secretary General, CEO, PensionsEurope
Panel: Big, Alternative, Meta - New "Data-Verses" that excite investors
Big Data, Alternative Data, Metaverse: Applications and implications for active investors
What alternative data sources are pioneers using?
How are investors integrating alternative data sources into their strategies?
Moderator:
Knab, Matthias, CEO, Opalesque
Speakers:
Al-Wakil, Anmar, Senior Data Science Strategist, Ravenpack
Huynh, Thanh-Long, CEO, QuantCube Technology
Mattatia, Stephane, Managing Director, MSCI
Panel: How and where will Blockchain & DLT technologies make changes to the way capital markets operate?
What is the business case for the use of DLT in settlement processes?
What does custody of digital assets look like?
Moderator:
Mitting, Will, Founder & CEO, Acuiti
Speakers:
Amlani, Amar, Head of EMEA Digital Assets, Goldman Sachs
Bruenjes, Tim, Head of Sales Germany, Austria, Nordics, CEE & Russia, Fireblocks
Scott, Rob, Global Head - Market Infrastructure, Participants & Services Institutionals - Markets, Sponsors & Service, Commerzbank AG
18:05 - 18:15
Closing Remarks
18:15 - 23:00
Networking Reception
Open to all attendees
Day 2 - Wednesday May 25, 2022
08:20 - 08:30
Welcome Keynote
Fiona van Echelpoel, Deputy Director General, DG Market Infrastructure & Payments, ECB
08:30 - 08:50
Keynote: J.P Morgan Povaly, Stefan, Head of Germany, J.P. Morgan
08:50 - 09:45
Panel: Exchange Leaders
Exchanges have been traditionally at the heart of innovation. What trends are driving change for global exchanges and how are they helping investors meet the challenges of the post-covid world?
What are the key global trends for exchanges and how are firms adapting to change?
How have approaches to risk management changed since 2020?
What role can exchanges play in the transition to net zero?
How should exchanges respond to the evolution of digital asset and securities markets?
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speakers:
Boujnah, Stéphane, CEO and Chairman of the Managing Board, Euronext
Cho, Hyo Jae, President & CEO, Derivatives Market Division, KRX
Loh, Boon-Chye, CEO, SGX Group
Olszewska, Izabela, Member of the Management Board, Warsaw Stock Exchange
Peters, Michael, Chief Executive Officer, Eurex
Sibbern, Bjørn, EVP, President of European Markets, Nasdaq
09:55 - 10:10
1 on 1 Session with J.P. Morgan
Moderator:
Mitting, Will, Founder & CEO, Acuiti
Speaker:
Graillat, Neven, Head of Global Markets Sustainability Center, J.P. Morgan
1 on 1 Session with Coinbase
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speaker:
Rayner-Cook, Chris, Global Head of Institutional Derivatives, Coinbase
10:25 - 10:40
Fireside Chat with Google
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speaker:
Majmundar, Ashish, Global Head of Capital Markets, Google
Keynote: Thematic investing – How trends shape the future
Speaker:
Kell, Georg, Chairman, Arabesque Founding Director, United Nations Global Compact
11:10 - 11:55
Panel: Crypto for Institutions
As the crypto ecosystem continues to evolve, how can institutional investors engage with existing service providers and institutional-grade trading networks to gain access to digital assets?
Navigating the Crypto Ecosystem: what are some of the core structural factors that institutions contemplating involvement should have in mind?
Digital Assets ETPs: What role do digital assets ETPs play in providing an access point for institutional allocations?
Asset Security and Risk Management
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speakers:
Bevan, Tim, Founder & Co-CEO, ETC Group
Uhm, Thomas, Global Crypto Institutional Sales & Trading, Jane Street
Werner, Swen, Global Head of Digital Custody and Payments, State Street
Panel: Green bonds and the new EU taxonomy
Green bonds are one of the fastest growing segments in global capital markets. What is the current status in terms of regulation and practical implementation?
How far has the European sovereign market come, and where is it heading?
How can exchanges support the development of the green bond market?
Does the practical implementation of the taxonomy progress in the EU?
Are funds, insurers, and banks adjusting portfolios ahead of looming green disclosures?
Moderator:
Webb, Dominic, Reporter, Responsible Investor
Speakers:
Coustar, Claire, Managing Director, Global Head of ESG & Sustainable Finance , Deutsche Bank
Frey-Hartenberger, Jutta, Fixed Income Derivatives Product R&D, Eurex
Hörter, Steffen, Head of ESG, Munich Re Investment Partners
Panel: The future of FX futures
FX futures have been at the tipping point of wider acceptance for years, but have yet to be fully embraced by market participants. The panel will focus on what has been holding back the development of these products, what needs to change for the product to flourish, and where growth opportunities may be.
What are the challenges facing market participants looking to add listed FX to their capabilities?
What are the possible growth drivers for the FX futures market?
How can the global OTC and listed FX markets interact to create deeper liquidity and cost-efficient trading?
Moderator:
Becker, Lukas, Markets Desk Editor, FX Markets
Speakers:
Hock, Christoph, Head of Multi-Asset Trading, Union Investment Privatfonds GmbH
Quiram, Jens, Executive Director – Head of FX Derivatives, Eurex
Reid, David, Managing Director, Global Foreign Exchange, Deutsche Bank
12:10 - 12:55
Panel: Are digital assets changing the face of asset management?
Asset managers have traded carefully to date with the adoption of cryptocurrencies, but the potential gains are hard to ignore. As adoption grows, are cryptocurrencies and tokenization changing the face of asset management?
Where are we today in terms of asset management adoption of cryptocurrencies?
How are asset managers trading crypto?
What needs to change in terms of risk and portfolio management to succeed?
Moderator:
Smith-Meyer, Bjarke, Fintech Correspondent, POLITICO Europe
Speakers:
Bruenjes, Tim, Head of Sales Germany, Austria, Nordics, CEE & Russia, Fireblocks
Brzezek, Jan, CEO & Founder, Crypto Finance
Kreutzmann, Tim, Vice President Legal, BVI
Tyrer, Chris, Head of Fidelity Digital Assets Europe, Fidelity Digital Assets
Panel: Clearing Innovation & trends
In this panel, experts across the trading and clearing ecosystem and FIA Tech will discuss some of the most pressing operational and technology challenges of the future – and how to respond with innovative technologies for the exchange traded and cleared derivatives industry.
Trade allocation process - creating standards and consistency across the industry
Trade give-in process - reducing complexity across various settlement timings
Average pricing methodologies - allowing equitable allocations for multiple accounts
Moderator:
Savage, Bruce, Head, FIA Europe
Speakers:
Ashraf, Tony, Global Head of Derivative Operations, Collateral Management & Clearing, BlackRock
Panel: Liquidity & trading opportunities in ESG Derivatives
Two years after launching ESG Derivatives – what is the status? How is liquidity building and what is the outlook for growth?
Have the drivers evolved to foster the use case for sustainable derivatives?
What is the future of flagship indices as we know them?
A look at the regional use cases
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speakers:
Harrington, George, Managing Director & Global Head of Fixed Income and Derivatives - Index, MSCI
Nizard, Julien, Continental Europe Head of Equity Derivatives Trading, J.P. Morgan
Ramdarshan, Zubin, Head of Equity & Index Product Design, Eurex
13:45 - 14:00
1 on 1 Session: Providing Liquidity to the markets
Actively market making across regions -and across markets bring challenges – what are the hidden roadblocks and opportunities in doing so?
Moderator:
Weisbach, Annette, Correspondent Germany, CNBC
Speakers:
Besselink, Thomas, Head of Trading, IMC Trading B.V.
1 on 1 Session: Cross Margining – myth or reality?
Cross margining has long promised significant savings for banks and their clients. However, to date, there has been relatively few examples of liquidity shifting to achieve cross margin savings.
Moderator:
Schieffer, Julia, Founder & Editor, DerivSource
Speakers:
Blanche, Isabelle, Fixed Income Sales, Derivatives, Funding & Financing, Eurex
Gavin, Jamie, Head of OTC Prime Clearing – EMEA, Societe Generale
1 on 1 Session: Cryptoassets - EU regulatory approach
Moderator:
Mitting, Will, Founder & CEO, Acuiti
Speakers:
Ceyssens, Jan, Head of Unit - Digital Finance, DG FISMA European Commission
14:10 - 14:30
Keynote: Zero to Crypto- Bringing crypto products to market
Sarbhai, Sagar, Head of Business Solutions, Fireblocks
14:40 - 15:25
Panel: Product Innovation in the light of UMR
Futurization has brought new products and instruments into the realm of listed derivatives. But what opportunities remain and how are they being developed?
ESG Total Return Swaps and Futures product development
What is the opportunity for the buy-side from futurization?
Thematic Index Futures and Systematic Indices
Moderator:
Jeffs, Luke, Managing Director, Global Investor Group
Speakers:
Heath, Stuart, Director, Equity & Index Product Design, Eurex
Lomholt, Axel, Chief Product Officer, Indices and Benchmarks, Qontigo
Panel: When two worlds collide - looking at crypto in the derivatives space
Native crypto markets hold most of the market share for derivatives trading. How have traditional exchanges responded in this market and has the opportunity to develop liquid digital derivatives markets passed?
What have traditional exchanges launched to date?
How are native and traditional exchanges co-existing?
What is the future of crypto derivatives on traditional markets?
Keynote: ESMA CCP Supervisory Committee focal areas for 2022 and beyond
Löber, Klaus, Chair of the CCP Supervisory Committee, ESMA
17:10 - 17:55
Fireside Chat: Fixed income markets in 2022 and beyond
After years in the doldrums, fixed income markets spurred into life in 2021. And 2022 looks set to be an exceptionally volatile year.
How are geo-political events and central bank intervention impacting fixed income markets?
Talking inflation – what are the implications for monetary policies and long-term stability
Instruments (IFS Clearing, Buxl, ETF options) Reflecting on the evolution of the fixed income market structure
What are the top trends shaping trading desks and investment strategies?
Moderator:
Barnes, Dan, Head of Editorial, The DESK
Speakers:
Bartholomew, Lee, Head of Fixed Income Derivatives Product R&D, Eurex
Panel:The evolving role of collateral management (transformation) & collateral mobility
With the final stages of UMR coming into scope in 2022, more firms than ever will need to invest in collateral management. What lessons have we learned to date?
What is the latest best practice with regards to collateral management?
What impact will the last phases of UMR have on the market?
How are new technologies such as DLT changing collateral management?