UBS has discovered a loss due to unauthorized trading by a trader in its investment bank," it said in a statement before markets opened.
What does UT stand for?
UT stands for Unauthorized Trading
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of UT
We have 21 other meanings of UT in our Acronym Attic
- (San Diego) Union Tribune (the Copley Newspaper known as the "U-T")
- (USN Rating) Utilitiesman
- Uber Tristram (gaming, Diablo II)
- Ubiquitous They (comedy troupe; Seattle, WA)
- Ulstein Trading (Norway)
- Ultrasonic Testing
- Ultrasonic Transducer
- Uma Thurman (actress)
- Umbilical Tower (US NASA)
- Un-Authorized Traversal
Samples in periodicals archive:
For example, the firm ignored ongoing warning signs of unauthorized trading by brokers who had been previously disciplined for unauthorized trading; who were the subjects of ongoing regulatory investigations for, among other things, unauthorized trading; and who were the subjects of customer complaints alleging unauthorized trading.
Here are three ways districts are addressing the issue of unauthorized trading.
HONG KONG, April 4 Kyodo A former Singapore-based British futures trader, jailed for unauthorized trading which led to the collapse of Britain's oldest merchant bank, will likely be released from a Singapore prison on July 3, a Hong Kong daily reported Sunday.
The investigation concerns the reports of unauthorized trading that may have resulted in approximately $2 billion in losses.
Amex: PLX), the parent of the general partner of Plains All American, announced today they have discovered unauthorized trading activity by an employee in Plains All American's crude oil trading operations.
It said it now has obtained enough evidence that the British metal broker was partly responsible by making it possible for Hamanaka to continue unauthorized trading.
The Notice comes in the wake of several recent cases involving allegations of unauthorized trading that resulted in substantial losses by firms both in the United States and abroad.