ADVISORY/Lava Trading To Host June 19th Closing Session at SIA Technology Management Conference.Business Editors/High-Tech Writers ADVISORY...for Thursday (June 19) NEW YORK--(BUSINESS WIRE)--June 17, 2003 Leading Wall Street Executives, Analyst to Explore "The Search For End-to-End Electronic Trading Solutions" Lava Trading Inc., a leading developer of financial technology for large securities trading floors, will host a panel discussion, "The Search for End-to-End Electronic Trading Solutions," on Thursday, June 19, 2003, at the SIA Sia (sī`ə) or Siaha (sī`əhə), in the Bible, family returned from the Exile. SIA - Serial Interface Adaptor Technology Management Conference. Senior executives from leading Wall Street firms will join panel moderator Richard Korhammer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Lava Trading, to review advances in developing truly comprehensive electronic trading solutions, and discuss potential technology and cost barriers and how they are being addressed When: Thursday, June 19, 2003 Time: 10:30 a.m. - 12:00 p.m. Where: The Hilton New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 1335 Avenue of the Americas Trianon Ballroom (3rd Floor) Moderator: -- Richard Korhammer, CEO, Lava Trading Inc. Panelists: -- Stephen Alepa, Executive Vice President, Macgregor Financial Network -- Matthew Andresen, Head of Global Trading, Sanford C. Bernstein & Co., LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control -- Roger Burkhardt, Chief Technology Officer, New York Stock Exchange -- Michael LaBranche, Chairman, CEO & President, LaBranche & Co Inc. -- Larry Tabb, Founder, The Tabb Group About Lava Trading Lava Trading is an innovative technology company that develops high-performance solutions for large securities trading floors and operates as a Specialized Application Service Provider (SASP SASP Separation and Airspace Safety Panel SASP State Agencies for Surplus Property (distribution of government surplus property) SASP Small Arms Serialization Program SASP Special Ammunition Supply Point SASP Surface Air Sampling Program ) for its clients. Lava's systems are designed to lower transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). and boost trading desk Trading Desk A desk where transactions for buying and selling securities occur. Trading desks can be found in most organizations (banks, finance companies, etc.) involved in trading investment instruments such as equities, fixed-income securities, futures, commodities and foreign productivity by offering comprehensive functionality and connectivity to all major liquidity sources, including Nasdaq, Listed exchanges, ECNs and ATSs. Through its patented, innovative technology and capital markets expertise, Lava creates value-added products that combine speed, intelligence and reliability. Lava facilitates the trading of more than 300 million shares a day, an amount greater than 20% of the total daily Nasdaq volume. Lava supplies its systems to market makers, broker/dealers, hedge funds and institutional investors, including most of the top 20 U.S. investment banks. For more information, visit www.lavatrading.com. |
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