%0 Journal Article %A John F.O. Bilson %A Andrew Kumiega %A Ben Van Vliet %T Trading Model Uncertainty and Statistical Process Control %D 2010 %R 10.3905/jot.2010.5.3.039 %J The Journal of Trading %P 39-50 %V 5 %N 3 %X This article examines the use of statistical process control (SPC) as a methodology for monitoring trading model uncertainty. Traditional quantitative risk management methods do not incorporate the inherent process control problems financial modeling. The reference adaptations apply to the a priori model design process and a posteriori model control. To build and monitor trading models, SPC can be used in conjunction with classical financial metrics to better control market risk.TOPICS: Statistical methods, VAR and use of alternative risk measures of trading risk, exchanges/markets/clearinghouses %U https://jot.pm-research.com/content/iijtrade/5/3/39.full.pdf