Karmazin seems infatuated by having a stock with gazillions of shares outstanding so that it is a big trader every day.
Salomon is also a big trader, so others are certain to follow.
This is the typical set-up for a commodity pool: Hot trader, big potential profits, undisclosed losses.
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Specifically, a trader who borrowed big in Japanese yen to buy higher-yielding currencies or higher-yielding assets, the so-called yen carry trade.
Mr Liu is simply a trader who made a big, bad call as to which way the market would move.
Panopticon EX and Sybase ESP provide the tools necessary for the bionic trader to see that big picture, make sense of it, and trade as appropriate.
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The deal was something of a shot out of the blue when it was announced Feb. 14 (at least for everyone but the options trader who made a big bullish bet on Heinz the day before).
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"A currency trader who spotted a big deal could calculate the benefits of a trade and execute it before anyone else knew what was going on, " says Lewis Wilks, who oversees Internet applications at Qwest, a major fiber-network builder.
In other words, the trader attempted to sell too big of an order given the prevailing market conditions.
The markets have survived the crash of big companies, such as Enron, an energy trader, and the downgrades of motor companies, Ford and General Motors, in recent years.
The two big names of the Tiki world were Victor Bergeron (Trader Vic) and Donn Beach (Don the Beachcomber).
He is a successful trader who has experienced the gamut of trading from winning big to almost losing everything.
Unusually, there a three big events that could happen next year that would put the cat amongst the trader pigeons.
In April, reports emerged of a London-based trader, Bruno Iksil who was called the London Whale because the positions he took were big enough to move markets.
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Bruno Iksil, the trader at the heart of the incident, was dubbed the London Whale because the positions taken were big enough to move markets.
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