"Samsung Securities' fat-finger
share error will include costs to buy back the sold shares, potential regulatory fines and compensation to affected investors.
In 2014 a fat-finger
error by a trader on Japan's stock market caused more than PS370bn worth of orders to be made and then cancelled.
Securities regulators in Australia have fined Citigroup Inc (NYSE: C) for a fat-finger
"It depended upon somebody on the ground who could get you a very finite set of coordinates, and somebody in the airplane who could fat-finger
them in a very precise way to make sure you didn't make a mistake there."
Cebu Air CEO Lance Gokongwei said Tuesday in a text message that the share price drop was likely a fat-finger
trade and the price would recover Wednesday.
" dividend chaos happened after a trader at the brokerage made a data entry mistake, typing "shares" instead of "won" in Korean when sending the dividends to its employees last Thursday.
Both sets provide compliance safeguards and oversight, minimising the impact of errant trader behaviour or 'fat-finger
' trades and are ideally applied in combination with real-time hard and soft stops enforced.
* CON men are registering web addresses that are just one or two letters different from popular websites to exploit so-called fat-finger
And when it comes to counting the votes, election officials become fat-fingered
, everyone forgets how to add, and the network for transmitting results mysteriously fails.Party primaries are running battles, and officials regularly emerge with swollen faces.
your incoherent rambling and inadvertently typed a valid URL.