Trading experience in tandem with allocating funds represents civilisation.
An engineer with no trading experience, Mr. Cordelle said he had never suspected that Mr. Kerviel was operating outside his mandate.
It said his direct manager lacked trading experience and showed an "inappropriate degree of tolerance" towards the taking of intra-day directional positions.
Companies that could achieve low-cost reductions, however, cannot realize the profits by making those reductions, and the market infrastructure of brokers and trading experience is developing abroad.
A. I wanted to ride out the crisis, but my father, who knew nothing about oil rigs but had decades of trading experience and a gut sense of risk, told me to sell it even at a huge loss.
"Why would somebody with so little bond trading experience be in line for the top job?" asks Sylvain R. Raynes, a co-founder of R & R Consulting in New York, which helps investors measure risks associated with bond investments.
In an effort to replicate his success, the bank hired a small group of people who had little or no trading experience, but were world-class chess and bridge players.
We may never know whether or not Hillary Clinton's trading experience benefitted from some form of preferential treatment from Bone, possibly emanating from Blair — or, perhaps, from Tyson through Blair.
Although they liked Mr. da Silva's choice to lead the central bank, Henrique Meirelles, the former international banking chief for FleetBoston Financial and a member of the party of the departing president, Fernando Henrique Cardoso, some expressed concern about his lack of trading experience.
At the end of July, Ahmass L. Fakahany, who despite his lack of any trading experience had assumed broad responsibility over the firm's risk exposure, kept the board briefed on the situation.
