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But such traders are already increasingly scarce, with many macro funds, which bet on economic trends across a wide range of assets, relying more on algorithms and quantitative strategies than white-knuckle bets.
The former hedge fund manager has been convicted of directing $725m in trades to intentionally raise the value of the rand against the US dollar in December 2017.
The former hedge fund executive faces a maximum of 10 years in prison but will have to wait until March 14 to hear his sentence.
The investment bank does not permit spot trades intended to move the underlying rate or to trigger a barrier rate.
Morgan Stanley offered to buy back the option on December 18, 2017, starting at $US9 million. Three hours later, the bank said it was willing to pay $US13 million.