Wall Street Accelerates Options Analysis With GPU

Re:Wall Street Accelerates Options Analysis With GPU by lutorm on Wednesday March 18, 2009 @01:52PM (#521993)

This time. I seem to think those black-scholes models, or whatever they are called, have been blamed for other "incidents" (ref Taleb and the Black Swan here).

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Re:Wall Street Accelerates Options Analysis With GPU by Rod on Wednesday March 18, 2009 @01:58PM (#522008)

Yup. The LTCM meltdown in 1998 was caused by options, if I remember right. Back then the Wall Street banks bailed out LTCM to avoid a global crisis of nightmare proportions.

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Re:Wall Street Accelerates Options Analysis With GPU by ConradHex on Wednesday March 18, 2009 @04:12PM (#522252)

And lots of lessons were learned, and taken to heart? (cough)

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