On 1 juil. 10, at 11:00, Joseph Catron wrote:
> "The* New York Times* reports
> <http://www.nytimes.com/2010/07/01/business/global/01oil.html?_r=1&ref=global>that
> one Steven Perkins, a former oil trader based in London, set off a minor
> panic in global markets last June when he traded more than half a billion
> dollars in Brent crude oil after a night of heavy drinking."
>From the article:
> The F.S.A. fined Mr. Perkins about $107,600, for market abuse and barred him from working in the financial services industry for at least five years.
>
> The regulator reduced the fine from about $224,000 to avoid causing Mr. Perkins “serious financial hardship.”
How much did his action cost globally ?
Jean-Christophe Helary