Quick Guides > Rogue Trading

In March 2008 the FSA issued Market Watch No. 25. In this report the FSA highlights the measures firms should consider when reviewing systems and controls used to protect against the risk of a rogue trader.

Overall the newsletter is helpful and the FSA correctly identifies and comments on a number of issues.

Whilst not formal guidance the newsletter from Markets Division contains a number of surprising comments that if followed could lead to problems with the regulator.

Related Documents

elearning > Rogue trading

Learn about the following: What rogue trading is and how much it can cost you. A classic case of rogue trading. How rogue trading can occur. How you can reduce the risk of rogue trading.

Treasury Consulting > Evaluating trading risk

The traders were dealing in structured notes, these contained options. The options exposed the firm to certain risks. The in-house risk management system did not accurately identify and value the risks.

Market Guides > How dealers make money

15th October 2009

If you don't work as a dealer you probably see transactions or their results after they have been completed. Your role may be in operations, finance, risk, audit or compliance. You expect dealers to be profitable, after all isn't this what they are paid for? You definitely know that they can lose money too! So how do dealers make profits and what are the implications for the business? There are three ways a dealer can make money: