Jul 2: PVM loses $10m from rogue trading

Oil broker PVM Oil Futures said on Thursday it lost ”a little under $10 million” due to unauthorised trading earlier this week. Izabella Kaminska of FT Alphaville discusses with Josh Noble how the rogue trade came to light and how it affected the crude market. Produced by Josh Noble.

Financial Times | July 2, 2009

Tags:. .izabella. .alphaville. .rogue. .crude. .broker