2008 Société Générale trading loss positions built up by Kerviel. This has led to speculation that stock market turbulence caused the Federal Reserve Board to cut the rate. A Federal Reserve spokesperson denied the central bank knew of Société Générale's situation when it made its decision. It is estimated that over the period the total trading in futures and the cash market for the Euro Stoxx 50 was €544 billion. This would make the unwinding of Kerviel’s position account for five per cent or less of overall activity. Société Générale's investment banking chief, Jean Pierre Mustier, acknowledged that the three days of forced selling played
Space Trader Space Trader Space Trader is a video game by the Canadian developer HermitWorks, for Microsoft Windows and Mac OS X released on July 25, 2007. After the game was open-sourced in 2008, an iOS version followed in 2009. "Space Trader" is a combination first person action and trading game with co-operative multiplayer, tied together with online scoreboards. Players assume the role of Traders in a fictitious future universe. Their goal: to make as much money possible within a time limit. They accomplish this by leasing cargo ships, traveling to planets and trading with Merchants. Each Merchant trades different commodities, and