The identification, assessment, and prioritization of risks, followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.
4
votes
2answers
276 views
Is it common to use multiple brokers for risk reduction?
Would it be considered appropriate risk-management or overkill to utilize multiple brokers to manage a given trading strategy?
A couple specifics:
I'm interested in what a reasonably-sized hedge ...
6
votes
1answer
405 views
How to annualize Expected Shortfall?
I have a time series with monthly data from which I compute the expected shortfall empirically, following the classical definition which can be found, for example, in wikipedia's definition.
That is, ...
26
votes
5answers
1k views
What are the key risks to the quantitative strategy development process?
Prompted in part by this question on data snooping, I would be interested to know:
What are the key risks that should be considered when developing a quantitative strategy based on: (a) historical ...
