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
Today Trader of the "Top 5 Trading Guru’s of 2013" by Trader Robotics. In March 2018 Michael Hebenstreit, a stock broker from Germany, acquired Today Trader and converted the venture into an educational hub offering content and services for professional traders and students who want to learn trading. The Today Trader live trading service brought attention to the field of day trading. "The Motley Fool" author Rich Greifner argued that the day trading lifestyle and results described in "The New York Times" article was "impressive" but questioned the accuracy of the claim as well as offering that these results were "hardly indicative