### Comment:
&gt;Losses of 100m dont happen in a few days  
  
 They can when multiple MDs are involved. MDs are hella high level... when my brother did IB his MD had authority to sign half billion dollar deals.

### REPLY:
Maybe in m&amp;a someone may have to sign half bil, but in trading very unlikely. They deliberately use lower individual limits in trading to prevent huge midtakes...

### END.