Stock trader to comply with in their respective jurisdictions; or that tax free stock market operations are useful to boost economic growth. Beyond these costs are the opportunity costs of money and time, currency risk, financial risk, and Internet, data and news agency services and electricity consumption expenses—all of which must be accounted for. Jerome Kerviel (Société Générale) and Kweku Adoboli (UBS), two rogue traders, worked in the same type of position, the Delta One desk - a table where derivatives are traded, and not single stocks or bonds. These types of operations are relatively simple and often reserved for novice traders
Day trader Day trader A day trader is a trader who adheres to a trading style called day trading. This involves buying and subsequently selling financial instruments (e.g. stocks, options, futures, derivatives, currencies) within the same trading day, such that all positions will usually be closed before the market close of the trading day. Depending on one's trading strategy, trades may range from several to hundreds of orders a day. There are two types of day traders: institutional and retail. Both institutional and retail day traders are described as speculators, as opposed to investors; speculation is considered negatively as personal behavior and