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natalie2003 · 2020年11月06日

问一道题:NO.PZ201512181000007309 第9小题 [ CFA II ]

* 问题详情,请 查看题干

问题如下:

Which of Martin’s suggestions will most likely be effective in limiting the systemic risk introduced by his algorithm?

选项:

A.

Only Suggestion 1

B.

Only Suggestion 2

C.

Both Suggestion 1 and Suggestion 2

解释:

C is correct. Both suggestions will likely be effective in minimizing the systemic risk introduced by electronic trading. First, exhaustive testing of the algorithm prior to its launch can minimize risk relating to programming errors, which could result in an extreme market reaction that could trigger an even more extreme market reaction. Second, imposing mandatory trade halts in case of large price changes (outside a given threshold) would limit potential undesired results and help minimize systemic risk.

老师您好,mandatory trade halt是专有名词吗?
1 个答案

星星_品职助教 · 2020年11月07日

同学你好,

从字面意思理解就可以,就是强制停止交易的意思。