Wednesday, July 06, 2005

Bad keystroke leads to $251M stock buy - Computerworld

Bad keystroke leads to $251M stock buy - Computerworld: "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 & Co. on Monday, creating confusion when many small firms inexplicably surged past the 7% trading limit. "
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