Serving the Quantitative Finance Community

 
User avatar
Anthony
Posts: 3
Joined: September 7th, 2001, 12:04 pm

how many vacation do u have?

December 16th, 2003, 7:55 am

I think it's important particularly for traders, to take a reasonable amount of time off in a row, say a week, just so that someone else can check the books over and sit in the drivers seat for a while, this should add some transparency and hopefully prevent any cover ups that have been missed by risk management or other staff. A future FSA regulation? I remember hearing that UBS demanded that certain front office staff take 2 weeks off.
 
User avatar
onlysimon2
Posts: 0
Joined: April 9th, 2003, 2:20 pm

how many vacation do u have?

December 16th, 2003, 8:59 am

yup, UBS demand everyone (back + front office) take a 2 week block off ( & not during december). I thought this was an FSA reg. (?)