1Lost USD 9 Billion in Credit Default Swaps
Year: 2008
Trader: Howie Hubler
Company: Morgan Stanley
2Lost USD 7.22 Billion in European Index Futures
Year: 2008
Trader: Jerome Kerviel
Company: Societe Generale
3Lost USD 6.69 Billion in Gas Futures
Year: 2006
Trader: Brian Hunter
Company: Amaranth Advisors
4Lost USD 5.85 Billion in Interest Rate & Equity Derivatives
Year: 1998
Trader: John Meriwether
Company: Long Term Capital Management
5Lost USD 5.8 Billion in Credit Default Swaps
Year: 2012
Trader: Bruno Iksil
Company: JP Morgan Chase
6Trading Losses: USD 3.46 Billion in Copper Futures
Year: 1996
Trader: Yasuo Hamanaka
Company: Sumitomo Corporation
7Lost USD 2.43 Billion in FX Options
Year: 2008
Trader: Isac Zagury, Rafael Sotero
Company: Aracruz
8Lost USD 2.38 Billion in Leveraged Bond Investments
Year: 1994
Trader: Robert Citron
Company: Orange County
9Lost USD 2.28 Billion in Oil Futures
Year: 1993
Trader: Heinz Schimmelbusch
Company: Metallgesellschaft
10Lost USD 2.14 Billion in FX Forwards
Year: 1993
Trader: Company
Company: Showa Shell Sekiyu
11Lost USD 2.09 Billion in FX Forwards
Year: 1994
Trader: Company
Company: Kashima Oil
12Lost USD 1.83 Billion in Equities ETF & Delta 1
Year: 2011
Trader: Kweku Adoboli
Company: UBS
13Lost USD 1.82 Billion in FX Trading
Year: 2008
Trader: Frances Yung
Company: Citic Pacific
14Lost USD 1.78 Billion in Nikkei Futures
Year: 1995
Trader: Nick Leeson
Company: Barings Bank
15Lost USD 1.74 Billion in Derivatives
Year: 2008
Trader: Boaz Weinstein
Company: Deutsche Bank
16Lost USD 1.56 Billion in FX Trading
Year: 2000
Trader: Wolfgang Flottl, Helmut Elsner
Company: BAWAG
17Lost USD 1.5 Billion in Bonds
Year: 1995
Trader: Toshihide Iguchi
Company: Daiwa Bank
18Lost USD 1.46 Billion in S&P 500 Futures
Year: 1987
Trader: George Soros
Company: Soros Fund
19Lost USD 1.06 Billion in Derivatives
Year: 2008
Trader: Boris Picano-Nacci
Company: Groupe Caisse d’Epargne
20Lost USD 1.09 Billion in FX & Credit Options
Year: 2008
Trader: Adriano Ferreira, Alvaro Ballejo
Company: Sadia
21These 20 Traders Lost USD 63.14 Billion (2007 USD)
Year Aggregated: 1987 – 2012
Calculation Method: Adjusted for Inflation to 2007 USD
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