'Fat finger' trade seen costly after HSBC price spike

Deepie

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'Fat finger' trade seen costly after HSBC price spike

30 January 2014, 17:56

'Fat finger' trade seen costly after HSBC price spike

A trader may have lost about 400,000 pounds ($662,100) in under 30 seconds on Thursday after causing a 10 percent spike in the shares of Europe's biggest bank, HSBC (HSBA.L), which traders blamed on human error - a "fat finger"

More---> http://www.reuters.com/article/2014/...A0T0S720140130

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Tags: bank, blamed, europe, finance, government, hsbc, lost, money, people, phone, shares, trader, traders, work
vossy

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Join Date: Feb 2012

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30 January 2014, 23:25

Re: 'Fat finger' trade seen costly after HSBC price spike

I've heard of a fat fingered farmer but never a fat fingered trader
He will never be out of work losing money like that, the government are always employing
such people.

Last edited by vossy; 31 January 2014, 09:42.
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'Fat finger' trade seen costly after HSBC price spike

'Fat finger' trade seen costly after HSBC price spike

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