John McPartland asserts that having GSIB scores for clearing members might have prevented the harmful concentration present today in the clearing space.
The new processes and the saving of time, brokers and margins will reduce costs, making trading in securities more accessible, affordable and friendly than ever.
Moving toward the 48th anniversary, SET is ready to confront new challenges, to seize opportunities and to remain committed to serving as a mechanism to promote the sustainable growth of businesses, society and the country following our vision, which is “To Make the Capital Market 'Work' for Everyone.”
The model is designed to estimate how much a portfolio could change in value over a fixed time period to some degree of confidence, often 99% or 99.5%. But how would we know whether its estimates are good?