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Commodity Volatility Markets - Is There a Risk?
When the market gets dicey and typical liquidity providers have their models break or the models start being a garbage in, garbage out scenario, there's sort of two responses. One is to go in and trade it with your intuition. The other is to just step away and not trade it all. Equity markets have mostly gone electronic at this point. But the same isn't necessarily true for commodity volatility markets.