Rogue Trading: When the Person Trading Is Also the Person Checking the Trade
A rogue trader isn't usually a criminal mastermind on day one.
A rogue trader isn't usually a criminal mastermind on day one. It's someone with real trading authority who also controls — or can quietly bypass — the one system meant to check their own work. Two banks, thirteen years and 6,500 miles apart, collapsed the exact same way.
Surya · 13 min read