Author:Martin Brown, Chris Harris
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
Neurofuzzy Adaptative Modelling and Control
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The drive for autonomy in manufacturing is making increasing demands on control systems, both for improved performance and extra flexibility. Traditional control systems generally make infeasible assumptions which limit their application, therefore current research has concentrated on intelligent control techniques in order to make systems flexible and robust.
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