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Hope Fades As London 'Superstar' FX Trader Is Arrested

Tyler Durden's picture




 

How the self-described 'mighty' have fallen. It was a month ago when we first heard of this mysterious British FX trader who dropped $300k in a Liverpudlian nightclub on a bottle of champagne that weighed more than the models he was 'dating' that night. The 'talented, charismatic, and likable' Alex Hope has been arrested by London's Financials Services Authority (FSA) in connection with an investigation into a suspected unauthorized FX trading scheme. As City A.M reports this morning, Hope's publicist confirms he is the 23 year old in question - though he 'obviously' denies all allegations. The schadenfreude on London's FX 'trading' desks (as opposed to bucket-shop retail-mauling FX 'brokerage' shops) is palpable from what we hear as 'it couldn't have happened to a nicer guy' echoes off the City's pub ceilings. As yet no charges have been filed - we await with baited breath for the sad truth to be outed.

 

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Wed, 04/04/2012 - 11:04 | 2316409 Rektors
Rektors's picture

http://www.alexhopefx.com/

Something isn't quite right here ...

This site has been suspended.

Wed, 04/04/2012 - 12:33 | 2316765 Amagnonx
Amagnonx's picture

If you are not working for Goldman Suckass - then making a profit is illegal.

Wed, 04/04/2012 - 12:28 | 2316743 GFORCE
GFORCE's picture

This always reeked of a sales scam. Trying to draw attention to a bucket shop.

Wed, 04/04/2012 - 13:29 | 2316979 bugs_
bugs_'s picture

another rogue trader.  unauthorized.  didn't follow procedure.  our compliance department is horrified.

Wed, 04/04/2012 - 14:06 | 2317134 Clowns on Acid
Clowns on Acid's picture

Another Madoff / Corzine that couldn't get off of the ground.

Fri, 04/06/2012 - 00:30 | 2321323 widget
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