Operations on the financial markets therefore

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achieved thanks to the contribution of this Blockchain technology which also has other developments that are often much more publicized, namely cryptoassets. This decentralized Blockchain technology is therefore the culmination of monitoring the management of financial risks of all players in the financial markets and completes all the Mifid and Basel IV 2019 systems.



remain free in 2021, because they are finally regulated effectively with high-performance technological devices, in this case the Blockchain and Smart Contracts . In fact, the office 365 database development of particularly fast and efficient computers makes it entirely possible to date to develop this particularly efficient Middle Office for monitoring positions on the financial markets, accompanied by Compliance methods . May 2021 be the year of the generalization of this type of technology for these financial risk control services and the prevention of financial crimes that can have considerable consequences, as we have clearly noted at the beginning of our remarks. Thus, this market freedom is in no way incompatible with effective regulation and making it possible to detect and arrest offending individuals, and this in the interest of society. It is one of the principles of any harmonious, open and democratic society to be able to make a transparent banking system sustainable and evolving in an environment of financial markets whose monitoring will now be flawless. In any case, that is the goal.t twice the equity of the entire bank! The bank's CEO, Daniel Bouton, declared that "If a war had broken out on Monday or if the markets had fallen by 30%, Société Générale (GLE) would have risked the worst with such exposure". The bank therefore preferred to unwind the positions in secret as quickly as possible by selling 60 billion euros of options from Monday to the following Wednesday, but then, having had bad luck with the fall in the financial markets at the start of the week, recorded a record net capital loss of 6.3 billion euros (on an annual profit for 2007 previously estimated at 7 billion euros). After subtracting the trader's profits of 1.4 billion euros, the loss of 4.9 billion euros appeared.