NICK LEESON
Leeson is a former manager with England’s Baring Bank. He later became a rogue trader while heading up the Singapore Division of the company. After originally earning huge profits for Barings through several illegal trades in 1992, Leeson eventually lost over $1 billion in company capital while hiding the losses in a little-used errors account that was hidden from his superiors. Most of the rogue trades occurred in the futures market, where his losses multiplied quickly in the final weeks before he fled his office.
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SEE FOREX TUTORIAL
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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