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Typo leads to $251 million stock buy

Julio
07-02-2005, 05:18 AM
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+leads+to+251+million+stock+buy/2100-1030_3-5772264.html?tag=nefd.top

Tedster
07-02-2005, 11:33 AM
OOPS. I wonder what they'll say around the water cooler.

Ad
07-02-2005, 11:33 AM

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