However, electronic trading has also made it easier to trade remotely and on to a vast number of different platforms and exchanges. The prime brokers and FCMs have to be able to monitor all of this, and they have to be able to recognize when things are not as they should be. If risk-management procedures fail, the potential impact can be disastrous.
Rosenthal Collins, one of the world’s biggest independent FCMs, believes it has come up with an innovative solution. The Chicago-headquartered company has filed for a US patent on what it describes as a unique risk-management system. Called RCG RiskHunter, the system, which the company says it...
