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
Jérôme Kerviel paid a €300,000 bonus on a declared profit (approximately 0.5%). Family members speaking out say the bank is using Kerviel as a scapegoat to excuse its recent heavy losses. Kerviel was reporting to Eric Cordelle and Philippe Baboulin. Baboulin is now COO of Kepler Capital Markets Geneva. Cordelle has since launched a single malt whisky craft distillery. In answer to the rumors that Kerviel had fled Paris following the discovery of the unauthorised trading, on 2008 Kerviel's lawyer denied that he attempted to disappear and said he remained in Paris to face the accusations. Also on 24 January 2008, Société