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Typo leads to $251 million stock buy
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#1
07-02-2005
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Typo leads to $251 million stock buy
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+le...l?tag=nefd.top |
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#2
07-02-2005
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OOPS. I wonder what they'll say around the water cooler.
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