JPMorgan Trading System Fails, Again

JPMorgan Trading System Fails, Again

Assessment

Interactive Video

Business

University

Hard

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The video discusses JP Morgan's trading system, highlighting a shift from wealth to institutional clients. It explores JP Morgan's ambition to become the top stock trading firm, surpassing Morgan Stanley. The video also addresses technical challenges faced by JP Morgan due to hardware changes and high trading volumes, which are issues shared by other banks. Despite significant investment in technology, JP Morgan experienced ironic setbacks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the trading days mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the irony mentioned regarding JP Morgan's spending on technology.

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