Systemic Risk / Dodd-Frank reform and related international reforms
Investments and Trading Systems
Algorithmic Trading FIXatdl and the HCI (human / computer interface) for algorithmic trading
Money Management
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Articles Originated
Around the world substantial resources have been allocated to mapping the human brain, including the the proposed multi-billion dollar Brain Activity Map Project in the USA. I originated List of topics related to brain mapping to provide a basic "reading list" to make that new research more generally accessible to a wider audience. I'm also pondering some broad background questions that will likely need to be addressed as brain research moves forward at User:Rjlabs/Brain mapping frequently asked questions. Large banks and Office of Financial Research also collect and utilize massive amounts of data, with many points of interconnection, and ample data mapping. There may be some technology areas, such as big data management, and data mapping that overlap with the needs of the financial industry.
Article section on Money Market Fund Reform Money market fund#Systemic Risk and Regulatory Reform. This is a huge test of FSOC's effectiveness on systemic risk. Illustrates that U.S. financial regulators were all in silos for at least 20 years. Dodd Frank, FSOC and OFR are all supposed to be effective at closing up those gaps in the future? This will be a great initial "test case".
Review of bank stress tests around the world with rapid links. List of bank stress tests. Given the degree of interconnectedness the failure of a systemically important bank by definition can cause big trouble elsewhere. Are the stress tests given to these large banks anywhere near uniform throughout the world? No, they are not. Is stress testing a nascent technology? Clearly!
The largest banks operate on a global basis. Typically the uppermost entity is a holding company and underneath that level are hundreds if not thousands of separate operating entities, each of which is legally organized in some specific geography of the world. Bank regulation is however geographically very limited, with each jurisdiction (state, country, region, etc.) having its own lawmakers making their own laws, rules and regulations, which only apply within its borders. When a big bank starts to fail numerous regulators are therefore called to respond to the crisis. The following table shows only the top level of this process. It contains a list of large banks deemed systemically important by at least one major regulator. In it you can find all the large banks, and all the primary regulators. See: List of systemically important banks
Systemically important financial market utility non bank, non broker financial firms deemed to be systemically important to the overall health of the U.S. financial system. These entities are now under the supervision of the Fed, and entitled to certain bail out help when under duress.
Probe into JPMs trading 2012 JPMorgan Chase trading loss Deep dive here to see if all regulators are singing from the same sheet of music in perfect harmony? Loss was big, so risk was large. Have the regulators effectively moved to stem the risk? Is this type of risk endemic to large banks?
