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To share information, ideas and experience relating to all aspects of op-risk management and compliance with Basel II
There has been a lot of hand wringing over the CME Group’s amendments to Rule 553 (“Average Price System”), and for good reason. It’s no easy task for clearing firms, or their clients, to systematica...
Recently one news article caught my attention and reminded me of an exceptional experience of my trading days. A German bank accidentally transferred more than 5 billion euros to four other banks du