Stories
Slash Boxes
Comments
NOTE: use Perl; is on undef hiatus. You can read content, but you can't post it. More info will be forthcoming forthcomingly.

All the Perl that's Practical to Extract and Report

use Perl Log In

Log In

[ Create a new account ]

merlyn (47)

merlyn
  merlyn@stonehenge.com
http://www.stonehenge.com/merlyn/
AOL IM: realmerlyn (Add Buddy, Send Message)
Yahoo! ID: realmerlyn (Add User, Send Message)

PAUSE-ID: MERLYN [cpan.org].
See my home page [stonehenge.com].

Journal of merlyn (47)

Tuesday December 13, 2005
09:42 AM

Not a happy day at the office

[ #27959 ]

He wanted to sell one share in a new telecoms company called J Com, for 600,000 yen (about £3,000).

Unfortunately, the order went through as a sale of 600,000 shares at 1 yen each.

That error alone would have been bad enough, but the consequences were much worse because 600,000 shares represents more than 40 times the total number issued by the company, and the vast discrepancy effectively created a technical shortage of shares, worth about £1.6 billion.

-- Fat fingered typing costs a trader’s bosses £128m

The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
 Full
 Abbreviated
 Hidden
More | Login | Reply
Loading... please wait.