Opening Remarks

Co-chairs of India Working Group, FIX Trading Community:

• Pramod Koyothi, Executive Director, Global Banking & Markets – Equities, Goldman Sachs
• Govind Patnaik, Vice President – Trading, Franklin Templeton

Welcome Remarks

Alastair Richardson, Strategic Business Development Director, AMD

Fireside Chat: The Next Chapter for India’s Capital Markets

• Jim Kaye, Executive Director, FIX Trading Community
• V S Sundaresan, Former Executive Director, SEBI

The Next Frontier: Speed, Intelligence, and the Prosumer Revolution

Setting the Scene:

• Seetharam Gorre, Chief Information Officer, Pico

Panelists:

• Jay Prakash Gupta, Founder, Dhan (Moneylicious Securities Pvt Ltd)
• Alastair Richardson, Strategic Business Development Director, AMD
• Jarrod Yuster, Chairman, Founder and CEO, Pico

Moderator:

• Kunal Nandwani, Cofounder and CEO, uTrade Solutions

Fireside Chat: The Evolution of Passive and Quant Investing in India

With passive strategies gaining significant traction, this session examines the impact on market structure, liquidity, and the tools required to trade ETFs effectively.

Panelists:

• Aniruddha Chatterjee, CEO, NSE Indices, Data and Cogencis
• Anil Ghelani, CFA, Head of Passive Investments & Products, DSP Mutual Fund
• Lokesh Mrig, Head of Quantitative Investments, State Street Investment Management India

Moderator:

• Vinata Mhatre, Director, Asia Pacific Electronic Trading, BofA Securities

The Digital Asset Frontier – Institutional Adoption and the Path to Clarity

An educational and practical look at the state of digital assets in India, from the rising retail demand for crypto to the institutional potential of tokenized RWAs.

• The regulatory landscape: What is the latest from SEBI and RBI on a framework for digital assets?
• From theory to practice: Examining global use cases of tokenized securities and what India can learn.
• The institutional toolkit: How can traditional firms begin to offer digital asset trading and custody securely and at scale?

Panelists:

• Sagar Desai, APAC Head of Wholesale, Coinbase Institutional
• Rashu Jindel, Sales Director, APAC, Talos
• Kushaal Patel, Director, AumAlpha

Moderator:

• Garima Singh, Co-Founder, Global Tokenization Forum

The GIFT City Opportunity – India's Gateway to the World

Moving beyond the tax incentives, this panel explores the practical realities of setting up and trading in GIFT City, and its future role in attracting global capital.

• A client's story: A first-hand account of the benefits and challenges of operating from GIFT City.
• The product landscape: What new instruments and opportunities are available on the international exchanges?
• The regulatory roadmap: What's next for IFSCA in making GIFT City a premier global financial hub?

Panelists:

• Meet S. Pandya, Head - Business & Product Development, NSE IX
• Dr. Dipesh Shah, Executive Director, International Financial Services Centres Authority
• Vaibhav Shah, Head - Products, Business Strategy & International Business, Mirae Asset Investment Managers (India) Pvt. Ltd.

Moderator:

• Tushar Sachade, Partner, Price Waterhouse & Co LLP

Welcome Remarks and NSE Update

Sriram Krishnan, Chief Business Development Officer, National Stock Exchange of India Ltd.

Regulatory Keynote: Developments in the Secondary Market in India

Richa Agarwal, Chief General Manager, Securities and Exchange Board of India (SEBI)

Trading and Market Structure Developments – Trends, Innovations, and Execution Realities

Panelists:

• Suryadeep Das, CFA, Director, Electronic Trading Services (ETS), Kotak Institutional Equities
• Joy Francis, Director – Global Markets, Electronic Trading Sales – APAC, UBS
• Rishi Kohli, Chief Investment Officer, JioBlackRock AMC
• Sriram Krishnan, Chief Business Development Officer, National Stock Exchange of India Ltd.

Moderator:

• Pankaj Dhake, Electronic Sales Trader, Morgan Stanley

The Derivatives Market: Regulatory Impact, Market Reality, and the Path Forward

Panelists:

• Rajib Ranjan Borah, Co-founder and CEO, iRage Broking Services LLP
• Sujit Kadakia, Chief Business Officer, Emkay Global Financial Services Limited
• Sunil Ramrakhiani, Chief Business Officer, BSE

Moderator:

• Manan Vaishnav, CAIA, Director & Head, Societe Generale Securities India

Technical Breakout

Jim Kaye, Executive Director, FIX Trading Community

Unlocking Alpha: Intelligence, Automation, and the Evolution of Execution Technology

This session highlights the latest global advancements in institutional trading technology—such as sophisticated algo wheels, intelligent EMS/OMS, trade surveillance and automation—and how these mature, high-impact tools can elevate local execution quality, strengthen regulatory compliance, and close the gap with international best practices in today's complex markets.

Panelists:

• Brandon "Rym" DeCoster, Product Management Team Leader, Bloomberg
• Munish Gautam, Global Head of Trading Platforms, Product Management, Broadridge
• Dheeraj Khurana, Workflow Technology Coverage, Virtu Financial
• Gordon Niamatali, CEO, Authentic Indication
• Sandeep Sabnani, Product Strategy and Growth, Equities , ION Markets

Moderator:

• Prashant Kedia, Electronic Sales Trader – Vice President, Jefferies India Private Limited

Closing Traders Panel: The Biggest Challenges and Opportunities for 2026

A candid, buy-side-only discussion on the most pressing issues facing traders today, from navigating regulatory change to managing technology costs and finding liquidity.

• What is the single biggest execution challenge in the Indian market today?
• How is the relationship between the buy-side and sell-side evolving?
• What is on your technology wish list for the next 12 months?

Panelists:

• Govind Patnaik, Co-chair of India Working Group, FIX Trading Community, and Vice President – Trading, Franklin Templeton
• Vishtaspa Rana, Head - Equity Trading, 3P Investment Managers
• Dhillon Singh, Managing Director, Equities – India & SE Asia, BTIG

Moderator:

• Amit Vavle, Director, Sales Trading, Bernstein India

Closing Remarks

Co-chairs of India Working Group, FIX Trading Community:

• Pramod Koyothi
• Govind Patnaik, Vice President – Trading, Franklin Templeton

Networking Cocktail