Japanese broker makes £380 billion fat finger trade

Here is the city reports that a Japanese broker made a massive order by mistake.

The biggest order was for 57% of Toyota – 1.96bn shares of the world’s biggest carmaker

Fortunately he got away with it:

The unidentified broker was able to cancel the trades because they were made through the over-the-counter (OTC) market, which gives traders time to cancel before completion.

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.