While rogue trading activities manifest themselves in a variety of ways, the most common drivers are attempts to manipulate incentive compensation plan results or hide an error. This white paper by Protiviti explains many of the strategies employed by rogue traders, i.e., “front running,” “desking a deal” and “round trip trades.” It also provides insight into what organizations can do to detect and protect themselves from rogue trading.
Whitepaper: Is your company vulnerable to a rogue trader?
Protiviti (www.protiviti.com) is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit.
