6.3/10
8,161
50 user 23 critic

Rogue Trader (1999)

The story of Nick Leeson, an ambitious investment broker who singlehandedly bankrupted one of the oldest and most important banks in Britain.

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Cast

Complete credited cast:
...
Nick Leeson
...
Lisa Leeson
Yves Beneyton ...
Betsy Brantley ...
Brenda Granger
...
Ash Lewis
...
Ron Baker
...
Tony Hawes
Irene Ng ...
Bonnie Lee
...
Danny Argyropoulos
...
Peter Norris
...
Peter Baring
...
Simon Jones
...
George Seow
Daniel York ...
Henry Tan
Rest of cast listed alphabetically:
Danny Argyropoulos ...
Trader #1
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Storyline

Ambitious, wide-eyed boy Nick Leeson is determined to rise in the world and be more than a simple bank clerk. When his employers, Barings Bank, offer him the opportunity to go to Jakarta to sort out a problem that nobody else wants, he seizes the opportunity with both hands. In Jakarta he meets and marries Lisa and together they go to Singapore when the bank offers him the job of setting up their future options trading operation. To save money the bank allows Nick to operate both the floor trading and the back office facilities and force him to employ cheap, unskilled staff. His first year of trading is a big success and he makes large profits for the bank even though he has illegally broken trading rules and secretly covered up losses. Given more freedom, even more money and continuing unchecked, Nick starts to make losses and again attempts to trade out of them but this time he comes unstuck as his illegal trading generates even bigger losses. After the death of his unborn child ... Written by Mark Smith <msmith@osi.co.uk>

Plot Summary | Add Synopsis

Taglines:

He'll risk everything to beat the system! See more »


Certificate:

R | See all certifications »
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Details

Country:

Language:

Release Date:

25 June 1999 (UK)  »

Also Known As:

Vild satsning  »

Box Office

Budget:

$12,800,000 (estimated)

Opening Weekend:

£269,871 (UK) (25 June 1999)
 »

Company Credits

Show detailed on  »

Technical Specs

Runtime:

Sound Mix:

Color:

Aspect Ratio:

1.85 : 1
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Did You Know?

Trivia

After David Frost interviewed Nick Leeson in prison, he realized the potential for this movie and optioned the rights to the story. See more »

Goofs

On the trading-floor, the hand-signals bear no relation to the ones used by real traders, and caused much amusement in stock-exchanges around the world. See more »

Quotes

[Nick and Danny have mooned a group of women in a bar, and now they've returned with the police]
Nick Leeson: Oh, you've got to be joking.
Policeman: No laughing matter. Outraging a lady's modesty, very serious crime in Singapore.
See more »

Connections

Featured in De wereld draait door: Episode #4.51 (2008) See more »

Soundtracks

Knight on the Town
Written by Crispian Mills
Performed by Kula Shaker
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User Reviews

 
Pulling non-existent rabbits out of imaginary hats
27 July 2005 | by (United States) – See all my reviews

A cunning scoundrel in exotic Singapore single-handedly brings down Barings Bank, established two centuries ago and one of England's foremost financial institutions. Another wildly improbable sting flick? Not at all - the story is based on actual events and the film sticks pretty close to the facts. Nick Leeson, brilliant and ambitious young trader, superstar of the Singapore stock market, incurs staggering losses. Unwilling to jeopardize his prospects for advancement, he tries to cover his tracks by pulling non-existent rabbits out of imaginary hats. The literally gut-wrenching stress of this Sisyphusian endeavor is illustrated by Leeson's frequent bouts of vomiting (while in prison, he underwent surgery to remove a tumor along with part of his colon and large intestine, and chemotherapy after being released). The film's flaw is that it glosses over the bank's role in the disaster. Barings turned a neophyte loose in an foreign arena with total control of the operation and minimal supervision. Putting the same individual in charge of both the front office and back office bypasses the appropriate checks and balances, and is tantamount to having the fox guard the hen-house. The official report of the Bank of England concluded that Barings' failure to segregate Leeson's duties was "reprehensible," and those with "direct executive responsibility for establishing effective controls must bear much of the blame." Yet little mention is made of this in the film. And the mechanizations of the stock market are downright incomprehensible at times. Nevertheless, this is an interesting story and Ewan McGregor turns in another outstanding performance.


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