‘Black Monday’ - analysts were quick to brand Monday August 24th, and they had good reason to. The Shanghai market plunged by 8.5% in a day (its largest drop in history), and was soon followed by…Continue
Ever since Mario Draghi announced the proposed ECB measures for quantitative easing (QE) in the Eurozone his plans have raised some serious hackles, most notably from Germany. Does the plan…Continue
The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit…Continue
This past Friday the Academy Building of the prestigious Dutch Leiden University filled up with students eager to know more about the financial crisis and its consequences.…Continue
Daniel Agranovich has not received any gifts yet
Over the last decade, automated or algorithmic trading has taken the markets by storm. This does not come as a complete surprise, since enormous technological advances have created the possibility to trade at higher speed and frequency and recognize patterns faster than a human trader could ever dream. Unfortunately, (or luckily if you are in the risk management business) this trading system does not come risk-free.
For those unfamiliar with automated trading systems: these…Continue