In Early 2012, a portfolio inside JPMorgan Chase’s Chief Investment Office was breaching its risk limits. Then the bank adopted a new value-at-risk model, and the problem seemed to go away. The new model roughly halved the portfolio’s reported risk. Months later, the trades that became known as the “London https://beaurngbt.newbigblog.com/242740/who-measures-the-measurer-what-institutions-know-about-algorithmic-trading-risk-management