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5 Catastrophic Fat Finger Error Incidents That Shook The MarketsFat finger errors, although often involving small ... such errors represent about $3.5 billion a day based on current trading volumes. These mistakes can cause flash crashes, regulatory scrutiny ...
Fat finger also refers to mistakes made by erroneous typing of dollar amounts, account numbers or other critical values. See fat finger check. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other ...
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A Brief History of Wall Street’s Fat Finger Problem3. So fat fingers don’t hurt everyone? Not necessarily. Someone at Samsung Securities Co., one of South Korea’s largest brokerages, was trying to pay employees 1,000 won (88 cents) per share ...
But the often-cited ‘fat fingers and algorithms’ explanation for these events wears a little thin. The reality is, regardless of exactly what happened last week, sterling has been on a relentless ...
(Bloomberg) — Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a London staffer’s fat-finger trade caused a flash crash ...
That range is a test criterion. See validity checking and fat finger. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.
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