Risk Management

Black Swan Event

Definition

An extremely rare, unpredictable event with severe consequences that is often rationalized in hindsight. Term coined by Nassim Taleb.

Example

The SNB removing the EUR/CHF floor in 2015 was a black swan that wiped out multiple brokers.

Explore More

Learn Trading with SignalPro

518 trading terms, 311 lessons, and AI-powered signals — all free to start.

Download Free