Our professionals assisted a global commodities brokerage to review automated processes in their trading and back-end systems. The CRA team members analyzed systems code to understand how a rogue trader incurred a loss of $141.5 million during an overnight trading session. Our experts identified how the trader was able to generate unauthorized trades and why the trades were not detected.
Leveraging social media analytics to navigate market volatility
While volatility comes with the territory in financial markets, these recent events appear to be the first time that a large number of investors’ trading...