Financial Fraud And Ethics: A Quiz On Rogue Trader
Have you watched Rogue Trader? If yes, here is a Rogue Trader movie quiz for you to have some fun. Written and directed by James Dearden, this biographical drama is centered on the life of Nick Leeson and is based on a true story of how he brought a bank to bankruptcy and shook the financial world. It is a gripping story, and you might want to watch it, especially if you are into biographical movies. If you have watched it, try this quiz to test your knowledge. All the best!
- 1.
What was the job of Nick Lesson?
- A.
Real Estate Agent
- B.
Derivatives Broker
- C.
Chef
- D.
Bartender
Correct Answer
B. Derivatives BrokerExplanation
Nick Leeson was a derivatives broker. This means that his job involved buying and selling financial instruments, such as options and futures contracts, based on the underlying assets. As a derivatives broker, Leeson would have been responsible for managing and executing trades on behalf of clients, as well as monitoring market trends and analyzing risk. His role would have required a deep understanding of financial markets and the ability to make informed decisions to maximize profits for his clients.Rate this question:
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- 2.
In which bank did Nick Lesson work?
- A.
Franklin National Bank
- B.
Bank of England
- C.
Barings Bank
- D.
UBS
Correct Answer
C. Barings BankExplanation
Nick Leeson worked at Barings Bank.Rate this question:
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- 3.
The movie is based on the book "Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World." Who is the author of this book?
- A.
Michael Lewis
- B.
Nick Leeson
- C.
Peter Lynch
- D.
Robert Kiyosaki
Correct Answer
B. Nick LeesonExplanation
The correct answer is Nick Leeson. The explanation is that Nick Leeson is the author of the book "Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World." This book tells the story of Leeson's role in the collapse of Barings Bank, one of the oldest and most prestigious banks in the UK. Leeson was a trader for Barings Bank and his risky and unauthorized trading activities led to massive losses that ultimately caused the bank's downfall.Rate this question:
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- 4.
Why was Nick Lesson transferred to Singapore from his firm's Indonesia office?
- A.
He had a very successful working spell in Indonesia.
- B.
He didn't perform well.
- C.
He used to stay sick.
- D.
He couldn't understand the local language.
Correct Answer
A. He had a very successful working spell in Indonesia.Explanation
Nick Lesson was transferred to Singapore from his firm's Indonesia office because he had a very successful working spell in Indonesia. This suggests that his performance in Indonesia was outstanding, leading to his promotion or transfer to a higher position in Singapore.Rate this question:
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- 5.
SIMEX, which is featured in the movie, is a futures exchange of _____________.
- A.
Indonesia
- B.
Malaysia
- C.
Singapore
- D.
Switzerland
Correct Answer
C. SingaporeExplanation
SIMEX, featured in the movie, is a futures exchange of Singapore. This means that SIMEX is a platform where individuals and organizations can trade futures contracts in Singapore. The movie likely includes SIMEX to showcase the financial and trading activities in Singapore, highlighting its significance as a global financial hub.Rate this question:
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- 6.
What was the amount of the losses of Barings Bank, forcing Nick Lesson's escape to Malaysia?
- A.
Over £100 million
- B.
Over £500 million
- C.
Over £600 million
- D.
Over £800 million
Correct Answer
D. Over £800 millionExplanation
Barings Bank suffered losses of over £800 million, which led to Nick Leeson's escape to Malaysia. This significant amount of losses indicates the severity of the financial crisis faced by the bank, ultimately resulting in its collapse.Rate this question:
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- 7.
How does Nick Lesson find out that Barings Bank has gone bankrupt?
- A.
His wife tells him
- B.
He reads about it in the newspaper.
- C.
The police inform him.
- D.
None of the above
Correct Answer
B. He reads about it in the newspaper.Explanation
Nick Leeson finds out that Barings Bank has gone bankrupt by reading about it in the newspaper. This implies that he was not informed by his wife or the police, and there are no other options given.Rate this question:
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- 8.
In which city was Nick Lesson arrested?
- A.
Frankfurt
- B.
Amsterdam
- C.
Berlin
- D.
Paris
Correct Answer
A. FrankfurtExplanation
Nick Leeson was arrested in Frankfurt.Rate this question:
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- 9.
Why didn't Nick Lesson complete his sentence of six and a half years in jail?
- A.
He was diagnosed with tuberculosis.
- B.
He was acquitted.
- C.
He was released on bail because of his good behavior in jail.
- D.
He was diagnosed with colon cancer.
Correct Answer
D. He was diagnosed with colon cancer.Explanation
Nick Leeson did not complete his sentence of six and a half years in jail because he was diagnosed with colon cancer. This medical condition likely required him to receive treatment and medical care outside of the prison facility, leading to his early release.Rate this question:
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- 10.
Which actress plays the role of Nick Lesson's wife in the movie?
- A.
Betsy Brantley
- B.
Louisa Krause
- C.
Anna Friel
- D.
Frances O'Connor
Correct Answer
C. Anna FrielExplanation
Anna Friel plays the role of Nick Lesson's wife in the movie.Rate this question:
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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May 29, 2023Quiz Edited by
ProProfs Editorial Team -
May 23, 2023Quiz Created by
Austin Ames
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