Early In 2012, a portfolio in JPMorgan Chase’s Chief Investment Office was running over its risk limits. Then the bank adopted a new value-at-risk model, and the problem seemed to go away. The new model cut the portfolio’s reported risk roughly in half. Months afterward, the trades that came to https://beaurmfyr.wikienlightenment.com/8920057/when_the_risk_model_is_the_risk_what_institutions_know_about_algorithmic_trading_risk_management