When the Risk Model Is the Risk: Algorithmic Trading Risk Management, the Institutional Way

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When the Risk Model Is the Risk: Algorithmic Trading Risk Management, the Institutional Way

  October 20, 2026  |    Leave a comment

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. Under the new model, the portfolio’s reported risk fell by roughly half.Within months, the trades late… Read More

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