The NIRI Los Angeles Chapter cordially invites you to a conversation and luncheon with John Longobardi, head of Listings for IEX Group, Inc. John will discuss the development of the equities markets and its structural changes over the years, and he also will provide insight on how IROs should think about trading, volume and market intelligence.

Since the SEC approved IEX’s application to register as a national securities exchange on June 17, 2016, IEX has grown its market share from approximately 1.5 percent to 2.2 percent, and volume has increased 13 percent over the same time period.

Please join us at the Palm Restaurant for this follow-up discussion to our March 2015 event featuring Ronan Ryan. Mr. Ryan is now president of IEX Group, and he was one of the main protagonists in Michael Lewis’ account of the high-frequency trading markets – Flash Boys: A Wall Street Revolt. We expect this program to be highly engaging and an excellent opportunity to network with your IR peers.

When

Wednesday, March 8, 2017
11:45 a.m. – 12:00 noon – Registration
12:00 noon – 1:30 p.m. – Lunch and Discussion

Where

Palm Restaurant
1100 S. Flower Street, Los Angeles, CA 90015
(213) 763-4600

Parking

Complimentary valet parking is available at the Palm Restaurant

Attire

Business Casual

Fees

NIRI LA – now included in your membership fee
Other NIRI Members/NACD/Society of Corp Secretaries – $55
Guests – $65

Registration

Pre-registration is required. No walk-ins will be allowed.

Meet Our Speaker

John Longobardi
IEX, Listings

John Longobardi has nearly 30 years of experience in the trading and the exchange industry. After spending 14 years working for an NYSE designated market maker, in October 2015, he joined IEX, the Investors Exchange: a fair simple, and transparent stock exchange that believes every investor is entitled to the same right to trade on equal terms, on every single trade.

Mr. Longobardi has spent most of his career working with public companies, educating executives on market structure and corporate governance. Prior to his responsibilities at one of the largest NYSE DMMs, KCG, which was formed from the mergers and acquisitions by GETCO, a piece of LaBranche & Co., and Bank of America Merrill Lynch’s NYSE DMM Operations, he worked at the NYSE in their Global Corporate Services group managing the relationships with key accounts and providing an understanding of trading dynamics.

IEX (www.iextrading.com), as the first new U.S. exchange in more than six years, is on a mission to level the playing field by eliminating unfair advantages from the markets. IEX is an exchange that believes markets should reward smarter, not faster.

As of September 2, 2016, IEX has been fully operational as a national securities exchange trading all U.S. National Market System stock and ETFs. IEX matches over 100 million shares daily with a notional value of over $5 billion and set a new market share record in October 2016.

~~~~~~~~~~~~~~~~~~~~~~

REMINDER to register for NIRI 2017 Annual Conference. This year, the conference will be held at the JW Marriott Grande Lakes in Orlando, Florida from June 4 – 7, 2017. The theme for the conference is “Breaking the Mold: Defy Convention / Shatter Expectations /Shape the Future.” Check out the preliminary agenda on NIRI’s website. There will be a “New to NIRI Conference Orientation” on Sunday and “Industry Meet Up” breakfasts on Monday to allow attendees to meet others from their industry early in the conference.

Please use this registration form (sorry, but you’ll have to fax or mail it in) so we as a Chapter can show that our Conference Ambassador, Lori Hillman, IRC, is getting the word out to our local members to sign up for what is expected to be the best-ever attended annual conference with an increased number of concurrent breakout sessions and a more global view for those IROs with an international scope.