|
Risk Management is an integral part of the Mako Group culture. The defined role of the Risk Management department within Mako Group is to quantify and supervise market risk and identify and address other specific business risks such as the operational risk of trading.
Market risk arising from trading activity probably constitutes the largest exposure the company has. This is largely measured ‘real-time’ and is supervised by the Risk Management department. The methodologies and risk management techniques employed differ from strategy to strategy/ product to product: for some trading the risk is measured by employing a real-time scenario analysis and measurement of ‘greeks’ method and for others a Value at Risk approach is employed. Risk Management works closely with the Heads of Trading and the CEO and is fully mandated to instruct the reduction of traded positions and/ or take other action to prevent or mitigate loss, as the circumstances require.
|
