Day One Trader: A Liffe Story
"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
—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
—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
—Richard Berliand J.P. Morgan, Chairman Futures & Options
2. A New Liffe.
3. What's in a Name?
4. Laws of the Jungle.
5. The Royal Exchange Days.
6. Local Heroes.
7. The Crash of 1987.
8. Cannon Bridge Boom.
9. The Omen.
10. Crimes and Misdemeanours.
12. The Liffe Board.
13. My Rogue Trader.
14. Liffe After the Floor.
15. The Last Hurrah.
Joe Morgan is a financial journalist who lives in London. He has served as a correspondent for the Times and has written extensively about the latest developments in trading technology and the financial markets. Morgan was inspired by the idea of revealing to a mass audience the hidden reality of the world of high finance after landing his first job as a capital markets reporter. He has a Postgraduate Diploma in Magazine Journalism from Cardiff University. This is his first book.
Buy Both and Save 25%!
Day One Trader: A Liffe Story (US $32.00)
-and- Market Wizards: Interviews With Top Traders, Updated (US $26.95)
Total List Price: US $58.95
Discounted Price: US $44.21 (Save: US $14.74)