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NewsWhore
09-15-2011, 11:10 PM
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UBS Trader Gets No Miracle as Delta-One Loss Leads to Arrest (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGBEe6yrZXmfQ9O8IEfrRgfx9K4wg&url=http://www.bloomberg.com/news/2011-09-15/ubs-trader-gets-no-miracle-as-delta-one-loss-leads-to-arrest.html)
Bloomberg
Traders at other firms speculate that UBS may have failed to adequately hedge the currency risk related to an exchange traded fund, known as ETF, or mistakenly placed a currency swap the wrong way, according to executives at other firms who declined to ...

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