Rogue Trader


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Related to Rogue Trader: Nick Leeson

Rogue Trader

A trader who makes frequent, large, and usually reckless investments without regard for his/her client or institution. The rogue trader does not work in concert or consultation with anyone else, but typically handles other people's money. Obviously, the investments the rogue trader makes are very high risk, and he/she usually ultimately fails. See also: Nick Leason, John Rusnack, Chen Jiulin.
References in periodicals archive ?
He'd previously admitted three counts of fraud relating to rogue trader offences in Bristol between June 2012 and January 2013.
The main focus of the day was on bogus and rogue traders who typically target areas where vulnerable people, including the elderly, live.
If cold calling by rogue traders and high pressure sales people was banned, as Age Cymru is calling for, there is a strong chance that a lot of these crimes would cease.
Galway United commercial manager Nick Leeson was the rogue trader who sunk his bank
In one case, a rogue trader conned a Warwickshire resident out of PS25,000 after knocking at his door to claim a tile on his roof was loose.
Illegal cigarettes and alcohol found in St Helens and Newton-le-Willows during Operation Rogue Trader
In 2015, Operation Rogue Trader saw over 100 people arrested, PS3.1m of property recovered and over 5,000 vehicles inspected up and down the country.
Global Banking News-November 27, 2012--UBS fined in rogue trader scandal(C)2012 ENPublishing - http://www.enpublishing.co.uk
Summary: Swiss banking group UBS has revealed that a rogue trader has cost the firm more than a billion pounds.
It follows a landmark court case last week in which rogue trader Patrick Cash was disqualified for 18 months to stop him pestering old people on their doorsteps.
The force say they are also investigating reports of a rogue trader - again selling guttering work - being challenged by a homeowner in Three Spires Avenue, Radford, on Wednesday, October 4.
Operation Rogue Trader has also seen nearly 500 vehicles stopped, five motorists breathalysed and 14 onthe-spot fines issued during its first three days.