Trayport Limited, a GFI Group company and leading provider of multi-asset class electronic trading solutions, are to host an industry panel discussion on trends towards convergence between OTC and exchange based markets for derivatives. The panel will be chaired by Trayport’s Murray Dyer and will be held at FOW’s Derivatives World Asia conference in Singapore on 9th September.

The panel will include industry specialists such as Brad Ridge, Director of Product Development Asia Pacific at ICAP, George Ng, Head of Energy and Metals Products at Asia, CME Group as well as Keith Noyes, Regional Director, Asia Pacific, ISDA.

The industry panel will discuss how exchange traded and OTC derivatives products are converging and the extent that central clearing and regulated post trade settlement systems will replace traditional OTC markets. The questions likely to be raised include the future role for OTC and exchange traded derivative markets and what are the challenges facing the incumbents in these markets.

“The panel is also a chance for industry leading figures to come together to discuss the opportunities, risks and technology issues for exchanges and clearing houses entering the OTC market,” said Murray Dyer, Senior Consltant at Trayport.“We want to find out what our industry needs in relation to how the Clearing Houses, Exchanges, OTC brokers and and traders are changing their business models, and how technology applications need to develop to meet the requirements of greater regulation and converging markets.”

Brad Ridge, Director of Product Development Asia Pacific at ICAP added, “ICAP are actively involved in issues surrounding the evolution of derivatives markets worldwide. We believe more recent trends will enhance financial markets by delivering robust clearing and alternative post trade solutions, and the industry will continue to demand further innovations which we are keen to participate in and debate.”

Derivatives World Asia 2009 will be on 9th and 10th September 2009 at the Raffles Hotel, Singapore and is a conference to discuss how the derivatives landscape is changing and developing, the new opportunities arising for growth and how market participant capitalise on these opportunities.