Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror
Slashdot Deals: Prep for the CompTIA A+ certification exam. Save 95% on the CompTIA IT Certification Bundle ×
Bug Businesses The Almighty Buck

Stock Market Sell-Off Might Stem From Trader's Fat Finger 643

s122604 points out a CNBC story according to which "the catalyst for today's extraordinary price swing (at one point the Dow lost almost 9 percent in less than an hour) may have been because a trader entered a 'B' for billions instead of an 'M' for millions on a trade of Procter and Gamble: 'According to multiple sources, a trader entered a "b" for billion instead of an "m" for million in a trade possibly involving Procter & Gamble, a component in the Dow. (CNBC's Jim Cramer noted suspicious price movement in P&G stock on air during the height of the market selloff).' Unbelievable there are no safeguards to protect against this."
This discussion has been archived. No new comments can be posted.

Stock Market Sell-Off Might Stem From Trader's Fat Finger

Comments Filter:

Related Links Top of the: day, week, month.

Live within your income, even if you have to borrow to do so. -- Josh Billings

Working...