Day One Trader: A Liffe Story by Joe Morgan, John Sussex (Hardcover, 2009)

World of Books Ltd (10373706)
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The catastrophic events of 2008 prove that the financial world has not learnt the lessons of my own tragic tale. Financial experts and novices alike will be gripped by Sussexs account of the highs and lows of a career that spanned almost three decades in the history of the financial markets.

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The catastrophic events of 2008 prove that the financial world has not learnt the lessons of my own tragic tale. But anyone who thinks that the world of derivatives is just about greedy bankers who put our pensions and savings at risk is wrong. Day One Trader is the gripping chronicle ofthe unknown working heroes of the Liffe floor who shattered a glass ceiling of elitism in the City of London and helped build one of the few financial institutions that we can be proud of. ?Nick Leeson As I walked into the members entrance of the exchange for the first time on September 30 1982 I felt a buzz of excitement. I had realised my ambition of being a day-one trader . Inside, the fluorescent lit exchange floor bustled with about three hundred traders in orange, red and blue jackets. A brief opening ceremony was overseen by Gordon Richardson, the governor of the Bank of England, before he cut a white ribbon hanging above a pulpit overlooking the floor. I felt at fever pitch as we counted down the start of trading. Ten, nine, eight, seven, six, five, four, three, two, one! The bell rang and I watched a scrum of dealers scramble to trade Liffe's first ever contracts in a heap of frenetic energy. ?From Day One Trader Day One Trader is the exclusive story of John Sussex on his journey from son of a Basildon factory worker, leaving school at 16, to successful City financier and member of the Liffe board. Providing a unique insight to this competitive and often brutal industry, readers will discover the tactics used by dealers to survive the jungle of the pits in a story that chronicles the floor banter and characters that made Liffe a global derivatives powerhouse. Packed full of exclusive ? until now unreported ? stories, Day One Trader sheds new light on what motivated characters such as Nick Leeson, and provides insight to Liffe floors star traders. Financial experts and novices alike will be gripped by Sussex?s account of the highs and lows of a career that spanned almost three decades in the history of the financial markets. John Sussex lived by the mantra of My Word is My Bond. This makes Day One Trader a must read for all traders. Every page brings back a lifetime of trading memories of days that will never be the same. ?David Barnett, Global Head of Treasury, Royal Bank of Canada Day One Trader describes a journey through a world that came and went in too short a time. The Liffe floor challenged the status quo in the City of London in the early eighties and was itself killed off by technology in the late nineties. John Sussex was one of the great characters of that world and a man of the utmost integrity. ?Richard Berliand J.P. Morgan, Chairman Futures & Options

Product Identifiers

PublisherJohn Wiley & Sons INC International Concepts
ISBN-139780470741733
eBay Product ID (ePID)92176930

Product Key Features

Number of Pages184 Pages
Publication NameDay One Trader: a Liffe Story
LanguageEnglish
SubjectFinance
Publication Year2009
TypeTextbook
AuthorJoe Morgan, John Sussex
Subject AreaBiographies & True Stories
FormatHardcover

Dimensions

Item Height233 mm
Item Weight422 g
Item Width161 mm

Additional Product Features

Country/Region of ManufactureUnited States
Title_AuthorJohn Sussex, Joe Morgan

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  • Good subject but poorly written

    This is a great subject with potentially a gripping story to be told but the author sadly couldn't pull it off. I gave up less than half way through because of the writing style. OK, I accept the author isn't a writer but then he might have got one to help him. It reads more like a school essay about a school trip than a book. I'd advise the author to read any Ben Mezrich book to get a flavour of what this could have been.

    Verified purchase: YesCondition: Pre-owned