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://nielsonz504fyr1.dailyhitblog.com/48856553/when-the-risk-model-is-the-risk-what-institutions-know-about-algorithmic-trading-risk-management