Posts Tagged usb rogue trader

UBS Trader Kweku Adoboli lost over £100k on Spreadbetting

UBS Trader Kweku Adoboli lost over £100k on Spreadbetting

A few months ago we heard about the 32 year old rogue trader, Kweku Adoboli who lost over £1.4 billion of his employers money trading the markets. The trial has just recently got underway in the UK and more details of his finances have come into the public domain. So, not only did he lose the vast amount of money trading the bank's money, he also lost a fair bit on his personal accounts, spreadbetting the markets. He had an account with the spreadbet broker Igindex and lost £123,000 wit

September 17, 2012 No Comments Full Story