For many financial trading firms, having a robust pre-trade risk system is likely to feel like one of those unpleasant but unavoidable costs of doing business. A fair amount of pain, not very much ...

The normal distribution is the probability distribution that plots all of its values along a symmetrical bell curve, with the highest probabilities centered around the mean value and tapering out ...

Avoiding the pain points of pre-trade risk controls may be tough, but it is possible, through the use of API-based systems that normalise information across markets, identify gross exposures and allow ...