The peculiar thing about Crude oil price collapse & bloodbath in equity markets across the world is that, no one saw it coming, no one had expectation/expected OPEC+ & Russia fallout would result in so big mrkt crash - Why would b that ? 1/n #marketcrash#COVD19#IndianEconomy
Such highly volatile markts r real challenges to traders & risk manager even though risk scenarios r built & MTM @ VAR r calculated, despite of that margin calls going to banks/dealers - This has resulted into domino effect 2/n