23.10.2008 - Saving energy derivatives traders from a “Market Catastrophe”
From Commodities-now.com: Trading software that can recognize and allocate market risk is crucial to avoiding a debacle similar to that in subprime mortgage derivatives, says TradeCapture’s Rana Basu. In the current financial market upheaval, major investment banks that were among the most sophisticated users of risk management methodologies and systems still succumbed to the trading risk posed by derivative structures..... Full Article: Source