Botched stock trade costs Japan firm $225M - TwoWheelForum: Motorcycle and Sportbike forums
 
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post #1 of 4 (permalink) Old 12-09-2005, 01:30 PM Thread Starter
 
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Botched stock trade costs Japan firm $225M

TOKYO - Japan’s government rebuked the Tokyo Stock Exchange and one of the country’s biggest brokerage firms Friday after a typing error caused Mizuho Securities Co. to lose at least 27 billion yen ($225 million) on a stock trade.

The error roiled the Japanese market, while jitters over the reliability of the exchange’s trading system contributing to a 1.95 percent drop in the benchmark Nikkei 225 index Thursday.

The Nikkei rebounded 1.45 percent Friday to finish at 15,404.05, but the mishap triggered concern among some traders just a month after an embarrassing glitch at the Tokyo exchange shut down the market for almost an entire day.


http://www.msnbc.msn.com/id/10394551/
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post #2 of 4 (permalink) Old 12-10-2005, 03:24 PM
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What company is this?




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post #3 of 4 (permalink) Old 12-10-2005, 04:23 PM
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That's a big typo.

YA THINK???
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post #4 of 4 (permalink) Old 12-13-2005, 12:21 PM
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Originally Posted by 2FURYUS
That's a big typo.
Fat fingered to the extreme.

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