Conference Programme

Wednesday, April 22


19:30 - 

Conference Opening Dinner in Stefan Batory Boat Restaurant

Thursday, April 23

08:00 - 09:00 Conference Registration in Wisla Ballroom Sheraton Krakow
09:00 - 09:15 Welcoming Remarks
Megain Widjaja, Chairman, Association of Futures Markets
Michal Tryuk, Vice President of the Management Board, Polish Power Exchange
09:15 – 09:25 Keynote Address
Grzegorz Zawada, Vice President of the Management Board, Warsaw Stock Exchange
09:25 - 09:40 Introductory Keynote
Jarosław Ziębiec, Director of Regulated Market Bureau, Polish Power Exchange  
09:40 – 11:00 Roundtable Discussion 1: Poland as a financial centre for CEE. Will power and gas derivatives drive the development of the regional market?
  • What impact will a dynamically growing commodity market have for the development of derivatives?
  • Who will benefit from new trade opportunities?
Moderator:
Ireneusz Lazor, President of the Management Board, Polish Power Exchange
Panelists:
Maciej Bando, President, Energy Regulatory Office  
Mikołaj Budzanowski, Vice President for Development and Innovation, Boryszew Capital Group
Ian Firla, Managing Director at OSTC Poland and Chief Operations Officer, OSTC Group
Piotr Kasprzak, Board Member, Hermes Energy Group S.A.
Waldemar Markiewicz, President of DB Securities and President of Chamber of Brokerage Houses
Piotr Wozniak, Chairman, ACER, Poland
11:00 – 11:30 Coffee Break

 

11:30 – 12:45

Roundtable Discussion 2: European Futures Markets Experiences-emerging markets vs. well developed markets
  • What needs to be developed?
  • Sharing experiences across the region
Moderator:
Grzegorz Zawada, Vice President of the Management Board, Warsaw Stock Exchange  
Panelists:

Uwe Bode, Managing Director, PGNiG Sales & Trading GmbH 

James Davies, COO, GMEX Group

Rafał Matulewicz, Head of Investments, Asset Management Managing Director, PKO TFI

Szabolcs Nyíri, Head of client relations and marketing, KELER CCP Ltd.

Simona Simon, Senior Vice President, Eurex Frankfurt AG

12:45-12:50 Lunch invitation by Károly Mátrai, CEO, KELER CCP Ltd.
12:50 – 14:00 Lunch in The Olive Restaurant, Sheraton Krakow
14:00 - 15:15 Roundtable 3: Energy exchanges and energy security. Would be “natural” markets for an emerging exchange – why are these products rarely traded? What needs to be in place for them to succeed?
Moderator:
Paul Constantinou, Head of Sales, Trayport, United Kingdom
Panelists:
Sorin Albeanu, Head of commodities markets, Market Solutions Commodities, Deutsche Börse
Zsolt Bertalan, CEO, HUPX Hungarian Power Exchange
Jacek Brandt, Director for International Cooperation and Regulatory Affairs, Polish Power Exchange
Clive Furness, Managing Director, Contango Markets 
Patrick Kenny, SVP Client Relations, CQG Inc.
15:15 - 15:30 Coffee Break

 

15:30 – 16:30

Roundtable 4: Experiences learned from the January 2015 upheavals

Moderator: 

William Mitting, Publisher, FOW

Panelists:
David Feltes, COO, CME Europe
Clive Furness, Managing Director, Contango Markets
Hirander Misra, CEO, GMEX Group
Simon Rostron, CEO, Rostron Parry Ltd
17:00 - 19:00 AFM General Assembly (For AFM Members only!)
20:00

Conference Gala Dinner

in “Stara Zajezdnia” Restaurant (Old Tram Depot of Krakow), hosted by Polish Power Exchange

 

Friday, April 24

09:30 - 10:45 Roundtable 5: Product design in agricultural markets – physical delivery or cash settlement? What needs to be considered in product design in either case? (definition of underlying, how much deviation should be allowed and who defines premiums/discounts, who calculates benchmarks etc.); Possible link between agricultural, renewable biofuel and carbon products  
Moderator:
Roderick Gravelet-Blondin, Consultant, Honarary Member of AFM
Panelists:
Dan Day-Robinson, Executive Director, Swiss Futures & Options Association
Ian Dudden, Managing Director, QED Markets
Nicholas Kennedy, Director, Head of Business Development, Commodity Derivatives, Markets & Global Sales, Euronext
Bharat Kulkarni, Director, Stalwart Management Consultancy Services
Chris Sturgess, Director, JSE, South Africa
Megain Widjaja, Chairman, Association of Futures Markets; CEO, Indonesian Commodity and Derivatives Exchange
10:45 - 11:15  Coffee Break

11:15 – 11:30 Keynote Address by the Warsaw Commodity Clearing House – IRGiT
11:30 - 12:30

Roundtable 6: Cross Exchange Partnerships; How can a local market benefit from co-operation with an established international market? E.g. in product design, dually listing products, creating spread products?
Moderator: 
Otto E. Naegeli, Chairman of the Board, CME Clearing Europe
Panelists:

Muammer Cakir, Head of Derivatives, Borsa Istanbul

Hirander Misra, CEO, GMEX Group

Vladimir Torchyk, Director for Strategic Development , Belarusian Universal Commodity Exchange OJSC

Shih-Chuan Tsai, Senior Executive Vice President, Taiwan Futures Exchange

Alan van Griethuysen, President, Association of Futures Markets

12:30 – 12:35 Lunch invitation by Davis Feltes, COO, CME Europe
12:35 - 14:00 Lunch in The Olive Restaurant, Sheraton Krakow
14:00 - 15:15  Roundtable 7: Currency Futures: Appreciating the challenges of establishing exchange traded products. Why are currency futures not more successful? EFP’s could help a lot of market participants – what are recipes for success? How to act in sudden unforeseen market situations?
Download Paul Meier's article on Currencies and futures! >>
Moderator:
Muammer Cakir, Head of Derivatives, Borsa Istanbul
Panelists:
Rinjai Chakornpipat, Managing Director, Thailand Futures Exchange
David Emerick, Senior Director, Head of FX, CME Europe, CME Group
Károly Mátrai, CEO, KELER CCP Ltd.
Septimiu Stoica, CEO, Romanian Commodities Exchange
15:15-15:45 Conference Closing Remarks
16:00

Krakow Sightseeing Program