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Algorithmic trading boom creates operational risks

buy-sell-buttons

The enduring image of exchange trading in bygone days is of traders rushing around the floor of the old London Stock Exchange (LSE) in sweaty shirts with red braces, relaying incomprehensible messages from overloaded telephones to each other via a bewildering array of hand signals. Had the discipline of operational risk existed properly in the 1980s, the bourses would have provided much for

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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