Archive for Rogue trader

Rogue trader could have cost PVM Oil £400m

The “rogue trader” suspected of moving the oil price by up to 2 on Tuesday could have cost his employer 650m if the trade had not been discovered.

‘Rogue trader’ runs up £6m crude oil loss at London office of PVM Oil Associates

A rogue trader is suspected of causing 10m £6m of losses at the London office of PVM Oil Associates the world’s biggest broker of overthecounter oil derivatives.