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Halogenated derivatives made from fluorescein also include eosin and erythrosin.
A UBS trader who was handling interest rate derivatives made 39 requests in July 2009 to an unidentified brokerage firm.
Derivatives made many Bankers Trust executives and traders very wealthy and then, after a series of scandals and bad trades in the mid-nineties, contributed to the firm's demise.
The huge loss stemmed from a complex wager on credit derivatives made by Mr. Iksil out of the London unit of the chief investment office, which was formed five years ago.
"There's almost no excuse for it," Mr. Dimon said about the trading loss that stemmed from a soured bet on credit derivatives made by the bank's chief investment office in London.
As he had on earlier occasions, he also warned that the "formidable complexity of measuring the scale of potential exposure" to derivatives made it hard to monitor the products and to gauge the financial vulnerability of individual banks, brokerage firms and other institutions.
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"There are places where derivatives make sense," Mr. Bredesen said.
ROGUE traders and fancy derivatives make fat and striking headlines.
But such derivatives make up a big chunk of the $592 trillion industry.
Derivatives make it possible to shift risks in ways that were undreamed of even a decade ago.
The bill would also reform the sprawling market for over-the-counter derivatives, making derivatives transactions more transparent.
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