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Quants is a mathematical magician and computer programmer in our global financial system engine partition. They have designed almost collapsed financial products.
The credit crisis has shown that how the global financial system is increasingly dependent on the mathematical model trying to quantify human (economic) behavior.
Now, this problem is another focus of financial revolution in finance: trade at speed.
What are the risks of economic and its markets as complex machines? Can we control model -based financial systems or create monsters?
The stories about greed, fear and randomness inside Wall Street.
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