At The start of 2012, a portfolio held by JPMorgan Chase’s Chief Investment Office kept breaching its risk limits. Then a new value-at-risk model arrived, and the problem seemed to vanish. The new model cut the portfolio’s reported risk roughly in half. Months afterward, the trades that came to be https://mylesqlgat.salesmanwiki.com/10776871/when_the_risk_model_is_the_risk_what_institutions_know_about_algorithmic_trading_risk_management