Be careful with that keyboard!
OMG. This is by far the most expensive typo in history...
A Taiwan stock trader mistakenly bought $251 million worth of shares with a misstroke of her computer keyboard, meaning her company is looking at a paper loss of more than $12 million and she is looking for a new job.
The trader with Fubon Securities miskeyed in a small order from Merrill Lynch on Monday, creating confusion when many small companies inexplicably surged past the 7 percent trading limit. "Something like this is difficult to explain to superiors," a Fubon executive said Tuesday.
Fubon said that the trader was unfamiliar with new computer systems and will be fired. The company will also examine its procedures of placing orders, it said.
Comments
- Anonymous
July 01, 2005
Fubon said that the trader was unfamiliar with new computer systems and will be fired
As opposed to, say, BEING TRAINED in the computer system? Nice. - Anonymous
July 02, 2005
The comment has been removed - Anonymous
July 02, 2005
The comment has been removed - Anonymous
March 24, 2008
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