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 roughly halved the portfolio’s reported risk. Months later, the trades that became known as the “London https://ai-trading-infrastructure28406.blogdomago.com/41877842/the-number-that-said-it-was-safe-institutional-lessons-in-algorithmic-trading-risk-management