Alliance School of Business, Alliance University hosted a Finance Summit on November 5, 2011, which was organized by the Centre for Industry Interaction and the students' Finance Club. The summit aimed at engaging industry practitioners, students and faculty in the sharing of views and perspectives on the current market scenario in finance and banking, and in particular on topics such as equity markets, fixed income and foreign exchange markets in India. Eminent speakers at the summit included Mr. Ramana Kumar Chegu, Head - ALM, Financial Markets, ING Vysya Bank Ltd, Mumbai; Mr. Arun Kumar. R., VP — Credit Products, India, Fixed Income Division, Asia Pacific Nomura Capital (India) Pvt Ltd, Mumbai; and Mr. Samir Shah, VP and Head - FII Sales, Trust Capital Services India Pvt Ltd, Trust Group, Mumbai. Guest speakers from industry spoke on the top-of-the-mind issues challenging finance managers in India and students gained useful practitioner insights from these experts: Mr. Ramana Kumar, ING Vysya, presented new and innovative financial instruments such as corporate bonds, offshore fixed income markets, arbitrage, and FII debt investments; Mr. Arun Kumar, Nomura Capital India, focused on the operations of money markets, market opportunities in asset liability management, investment outlook and rupee rate cycles in Indian banking; and Mr. Samir Shah, Trust Capital Services analyzed new forms of FOREX trading such as algorithmic trading, its utility for high frequency traders and the diminishing dependence of retail investors on financial institutions. The summit concluded with lively and engaging panel discussions between students and the guest speakers who fielded a variety of questions on the euro crisis, concerns over the future of securitization among emerging economies and the current topic engaging Indian bankers—deregulation of the savings bank rate. The summit saw participation by over 200 students from the University, and its proceedings were covered by the local print media.