How to lose $440m in the time it takes to eat lunch

| August 3, 2012 | 0 Comments

One of the most deadly ingredients of the potion for financial chaos brewed up in the years leading to 2007 was an inability to price risk. High-risk securities were labelled AAA and accounted for accordingly. We are on the verge of making a similar mistake with our trading systems. Algorithmic trading, brought in to minimise […]

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