James Archer (stock trader)
Encyclopedia
James Howard Archer born 10 June 1974, is an English businessman and former stock market trader. His parents are Jeffrey Archer, an ex-Conservative
politician, and Mary Archer, a British
scientist specialising in solar power
conversion.
, where he became captain of the Athletics team. He then went to Brasenose College, Oxford
, where he and three friends shared a large three-storey house with a Colombian hired help who did the laundry and cleaning and provided breakfast in bed.
In 2003 he met Tara Bernerd (who had just opened up her architectural and design agency 'Target Living') and they married in Rome in 2005. However by mid 2009 they were separated and are now amicably divorced.
stunt which ensured that they were pictured arriving at Nobu, an expensive Japanese restaurant in Park Lane
, in what The Independent
characterised as "Reservoir Dogs
-style". The stunt, intended to raise their profile and further increase their then-significant earnings, backfired.
James Archer was expelled from the SFA register by the Financial Services Authority
in 2000, after being found to have attempted to manipulate the closing price of the Swedish stock exchange through aggressive short-selling shortly after the Nobu debacle. Archer was required to pay £50,000 towards the legal costs of the Securities and Futures Authority.
Subsequent to 2001, he has become a director of Marlborough Gate House (Freehold) Ltd. (of which he was originally Secretary), also TFM Partners, and is a Limited Liability Partner in Target Living Homes LPP, together with his ex-wife Tara Bernerd.
Conservative Party (UK)
The Conservative Party, formally the Conservative and Unionist Party, is a centre-right political party in the United Kingdom that adheres to the philosophies of conservatism and British unionism. It is the largest political party in the UK, and is currently the largest single party in the House...
politician, and Mary Archer, a British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
scientist specialising in solar power
Solar power
Solar energy, radiant light and heat from the sun, has been harnessed by humans since ancient times using a range of ever-evolving technologies. Solar radiation, along with secondary solar-powered resources such as wind and wave power, hydroelectricity and biomass, account for most of the available...
conversion.
Personal life
As a teenager James Archer attended Eton CollegeEton College
Eton College, often referred to simply as Eton, is a British independent school for boys aged 13 to 18. It was founded in 1440 by King Henry VI as "The King's College of Our Lady of Eton besides Wyndsor"....
, where he became captain of the Athletics team. He then went to Brasenose College, Oxford
Brasenose College, Oxford
Brasenose College, originally Brazen Nose College , is one of the constituent colleges of the University of Oxford in the United Kingdom. As of 2006, it has an estimated financial endowment of £98m...
, where he and three friends shared a large three-storey house with a Colombian hired help who did the laundry and cleaning and provided breakfast in bed.
In 2003 he met Tara Bernerd (who had just opened up her architectural and design agency 'Target Living') and they married in Rome in 2005. However by mid 2009 they were separated and are now amicably divorced.
Career
In London, James Archer rose to fame as a member of a cadre of five stockbrokers known as the "Flaming Ferraris" after the rum cocktail they adopted as their trademark drink. In December 1998, one of its members orchestrated a public relationsPublic relations
Public relations is the actions of a corporation, store, government, individual, etc., in promoting goodwill between itself and the public, the community, employees, customers, etc....
stunt which ensured that they were pictured arriving at Nobu, an expensive Japanese restaurant in Park Lane
Park Lane (road)
Park Lane is a major road in the City of Westminster, in Central London.-History:Originally a country lane running north-south along what is now the eastern boundary of Hyde Park, it became a fashionable residential address from the eighteenth century onwards, offering both views across Hyde Park...
, in what The Independent
The Independent
The Independent is a British national morning newspaper published in London by Independent Print Limited, owned by Alexander Lebedev since 2010. It is nicknamed the Indy, while the Sunday edition, The Independent on Sunday, is the Sindy. Launched in 1986, it is one of the youngest UK national daily...
characterised as "Reservoir Dogs
Reservoir Dogs
Reservoir Dogs is an American crime film marking debut of director and writer Quentin Tarantino. It depicts the events before and after a botched diamond heist, but not the heist itself. Reservoir Dogs stars an ensemble cast: Harvey Keitel, Steve Buscemi, Tim Roth, Michael Madsen, Chris Penn, and...
-style". The stunt, intended to raise their profile and further increase their then-significant earnings, backfired.
James Archer was expelled from the SFA register by the Financial Services Authority
Financial Services Authority
The Financial Services Authority is a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury and the organisation is structured as a company limited by guarantee and owned by the UK government. Its main...
in 2000, after being found to have attempted to manipulate the closing price of the Swedish stock exchange through aggressive short-selling shortly after the Nobu debacle. Archer was required to pay £50,000 towards the legal costs of the Securities and Futures Authority.
Subsequent to 2001, he has become a director of Marlborough Gate House (Freehold) Ltd. (of which he was originally Secretary), also TFM Partners, and is a Limited Liability Partner in Target Living Homes LPP, together with his ex-wife Tara Bernerd.