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  • You would need more than just an inexperienced trader - you would need an inexperienced front office, middle office, back office, risk, finance and compliance.

    Yet this does still happen.

    It only really takes front office to make the mistake and middle office (or back office depending on the setup) to not question it for this to occur.

    Risk and compliance will of course have controls in place to prevent such an obvious error but as ever, this will just be a ticked box and nothing more. Why would finance affect this? It would be too late by the time they're involved.

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