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Typo leads to $251 million stock buy

Discussion in 'General Discussion' started by Julio Franco, Jul 2, 2005.

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  1. Julio Franco TechSpot Editor

    A Taiwan stock trader mistakenly bought $251 million worth of shares with a misstroke of her computer keyboard, meaning her company is looking at a paper loss of more than $12 million and she is looking for a new job.

    The trader with Fubon Securities miskeyed in a small order from Merrill Lynch on Monday, creating confusion when many small companies inexplicably surged past the 7 percent trading limit.

    http://news.com.com/Bad keystroke l...ock buy/2100-1030_3-5772264.html?tag=nefd.top
    Julio Franco, Jul 2, 2005
    #1

  2. Tedster Techspot old timer.....

    OOPS. I wonder what they'll say around the water cooler.
    Tedster, Jul 2, 2005
    #2
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