Fat Finger Error Indeed

Holy blowfish sushi Batman, a trader at the Japanese branch of the Swiss bank UBS made a big boo-boo. Instead of ordering £220,000 worth of bonds he ordered £22 billion (whoops).Luckily for the unnamed trader it was done out of trading hours and the error was picked up. Hmm, not so lucky are previous “fat finger” errors (blame the friggin computer) in 2005 a dyslexic trader for Mizuho put 610,000 shares on the market for 1 yen instead of 1 share for 610,000 yen. That little mistake cost the company 40.5 billion yen (hate to be at that share holders meeting!). Ooh and 2001 a Lehman Brothers dealer wiped £30 billion off the London stock exchange after ordering shares sales in two companies 100 times larger than intended. Blame them fat fingers!

1 Comment

Filed under How Embarrassing, Whoops!

One response to “Fat Finger Error Indeed

  1. Haha, my keyboard is sometimes dyslexic.. &%$Bbaue…seee, what a problem, let alone those fat fingers!

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 )

Google photo

You are commenting using your Google 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.