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Trader's Bank Building is a storey It was the tallest building in Toronto and the entire British Commonwealth until the Canadian Pacific Building was completed in It remains one of Canada's few surviving skyscrapers of the early 20th Century. Construction of the building was marked by several accidents and one fatality.

An engineer was scalded by a faulty steam injector in November The building was innovative in its leasing arrangements. It was the first major Toronto building to introduce the New York system of leasing by the square foot. The building's height was fairly controversial at the time. A number of the city's public intellectuals and many of its architects expressed dismay at the prospect of skyscrapers.

It would overload the property values and shade the streets, trapping the disease-causing "miasmas" that still lurked in the public imagination. The Globe newspaper complained: The chief retail thorofares will then look like a Colorado canyon.

There were signs of urban canyon effect winds by the spring of The City Architect in November promised it would not start a trend: There would be strict enforcement of the foot height limit, [9] which was still taller than the building itself. As it turned out, city council was usually persuaded to waive the height limits downtown, and the Traders' Bank was very shortly overtaken by even taller buildings.

From Wikipedia, the free encyclopedia. Timeline of the tallest buildings in Toronto. Timeline of the tallest buildings in Canada. Retrieved from " https: Coordinates on Wikidata All stub articles.

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A rogue trader is an employee authorized to make trades on behalf of their employer subject to certain conditions who makes unauthorized trades. It is most often applied to financial trading, when rogue professional traders make unapproved financial transactions. This activity is often in the grey area between civil and criminal transgression, because the perpetrator is a legitimate employee of a company or institution, yet enters into transactions on behalf of their employer without permission.

In several cases traders have initially made very large profits for their employers, and bonuses for themselves, from trades in breach of the rules, and it has widely been said that employers turned a blind eye to transgressions due to the profits involved. One famous rogue trader is Nick Leeson , whose losses on unauthorized investments in index futures contracts were sufficient to bankrupt his employer Barings Bank in The key factor determining the use of the term is lack of authorisation.

There have been colossal financial losses and bankruptcies from what are considered to be catastrophically bad decisions by senior decision-makers in financial institutions, such as the bankruptcy of Lehman Brothers which necessitated the United Kingdom bank rescue package , but this is not described as rogue trading and is not punishable. In the UK the term is also used to describe dishonest tradesmen such as double-glazing salesmen, second-hand car dealers, gas fitters, mechanics, roofers, plumbers and domestic rubbish collectors.

From Wikipedia, the free encyclopedia. For other uses, see Rogue trader disambiguation. Rogue Trader Hit Firm". Wharton School of Business. Retrieved July 21, Le Monde , paper version. Retrieved from " https: Rogue traders White-collar criminals. Pages using citations with accessdate and no URL. Views Read Edit View history. Languages Nederlands Edit links.

This page was last edited on 4 January , at By using this site, you agree to the Terms of Use and Privacy Policy. European Stock Index Futures. London, United Kingdom [7].