The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Happy Birthday
Yesterday at 10:12 pm by nihal123

» නව දේශීය ආදායම් පනත අගෝස්තු තෙවන සතියේ දී පාර්ලිමේන්තුවට
Yesterday at 7:53 pm by nihal123

» කවුරුත් පුදුමයට පත්කරවන සාක්ෂිකරුවකු සඳුදා දිනයේ දී කොමිසම හමුවට
Yesterday at 7:49 pm by nihal123

» ආසියාවේ උසම ගොඩනැගිල්ල කොළඹ දී – ආයෝජන මණ්ඩල ගිවිසුම් අත්සන් කරයි
Yesterday at 7:29 am by Danidu

» Flying is the Safest mode of Transport
Thu Jul 20, 2017 7:27 pm by කිත්සිරි ද සිල්වා

» Taste of Asia
Thu Jul 20, 2017 7:15 pm by කිත්සිරි ද සිල්වා

» Dividend Announcement
Thu Jul 20, 2017 4:43 pm by Rana

» අනුර පුතේ උඹෙ අම්මා, අපේ කටේ පස් දැම්මා!
Thu Jul 20, 2017 10:24 am by tharanga1979

» Fitch revises Outlook on Sri Lanka to stable
Thu Jul 20, 2017 12:07 am by nihal123

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Thu Jul 20, 2017 12:06 am by nihal123

» RICH N.0000 Richard Pieris and company PLC
Wed Jul 19, 2017 8:43 pm by AjithR

» LIOC.N0000 (Lanka IOC PLC)
Wed Jul 19, 2017 8:06 pm by CK

» IMF තෙවන ණය වාරිකය ලැබෙන්නේ අදයි
Wed Jul 19, 2017 6:42 pm by nihal123

» Laughter the Best Medicine
Wed Jul 19, 2017 11:09 am by කිත්සිරි ද සිල්වා

» ඩේටා ටැක්ස් ගැන සුභ ආරංචියක්
Wed Jul 19, 2017 9:33 am by කිත්සිරි ද සිල්වා

» Chinese-backed Port City to attract $13 b in investment from 2018
Tue Jul 18, 2017 10:21 pm by sashimaal

» ශ්‍රී ලංකාවෙන් තවත් ක්‍රිකට් වාර්තාවක්
Tue Jul 18, 2017 8:54 pm by Ethical Trader

» In the Meantime, Within Our Shores !
Tue Jul 18, 2017 8:48 pm by Ethical Trader

» පෙට‍්‍රල් හා ඩීසල් වාහන නුදුරේදීම ඉවතට
Tue Jul 18, 2017 8:01 pm by කිත්සිරි ද සිල්වා

» IMF approves delayed disbursement
Tue Jul 18, 2017 1:47 pm by Ethical Trader

» Top global fund manager upbeat on Sri Lanka’s future prospects
Tue Jul 18, 2017 1:45 pm by Ethical Trader

» Stock Market breaks through with strong showing in 2017 first half
Tue Jul 18, 2017 11:59 am by Rana

» බලාගෙන ඉද්දී ඔබේ ධනය වැඩිදියුණු කර ගන්නා කලාව – ආයෝජනය
Mon Jul 17, 2017 7:28 pm by CK

»  what is happening in LLUB
Mon Jul 17, 2017 7:10 pm by කිත්සිරි ද සිල්වා

» පාකිස්තාන් අගමැතිගේ වත්කම් ගැන අධිකරණ පරීක්ෂණයක්
Mon Jul 17, 2017 5:49 pm by Ethical Trader

» "නෝනාවරුනි මහත්වරුනි" ඉවතට
Mon Jul 17, 2017 5:44 pm by Ethical Trader

» "මගේ පුතා ශිෂ්‍යත්වේ පාස් වෙලා ඉල්ලුවේ බුදු පිළිම‍යක්,
Mon Jul 17, 2017 4:25 pm by spw19721

» ආපදාවට පත් දකුණේ වැසියන්ට පිහිට වූ ඩයස්පෝරා වෛද්‍යවරු
Mon Jul 17, 2017 2:27 pm by malanp

» කටුනායක රොෂේන් ශානක මරණය: පරීක්ෂණයේ නිගමන
Mon Jul 17, 2017 12:28 pm by Ethical Trader

» VFIN - where the journey leads it?
Sun Jul 16, 2017 10:52 pm by Future123

» මාස හයක් ඇතුළත ඇසිඩ් ප්‍රහාර 400 ක්
Sun Jul 16, 2017 2:44 pm by Ethical Trader

» "ඇෆ්ගනිස්ථානයේ IS නායකයා මරා දැමුවා"
Sun Jul 16, 2017 11:56 am by Ethical Trader

» බුදුන් වහන්සේගේ පාත්‍ර ධාතුව' කාබුල් කෞතුකාගාරයේ
Sun Jul 16, 2017 11:47 am by Ethical Trader

» "අපේ හාමුදුරුවො අපට දෙන්න"
Sun Jul 16, 2017 11:34 am by Ethical Trader

» කොටි පැටවෙකුට ලේ කිරි කර දුන් සිංහ මවක්
Sun Jul 16, 2017 11:25 am by Ethical Trader

» "බටහිර රටවල් කුහකයි"
Sun Jul 16, 2017 11:16 am by Ethical Trader

» Obituary Notice.
Sun Jul 16, 2017 7:35 am by කිත්සිරි ද සිල්වා

» SOM Wins International Design Competition for Colombo Port City Master Plan in Sri Lanka
Sat Jul 15, 2017 11:12 pm by sashimaal

» How to identify a stock market bottom
Sat Jul 15, 2017 12:27 pm by Ethical Trader

» ක්‍රිකට් අර්බුදය: සංගා - අර්ජුන වාග් සංග්‍රාමයක
Sat Jul 15, 2017 12:14 pm by malanp

» ට්‍රම්ප් සංචාරක තහනම: ආච්චිටයි සීයටයි අවසර
Fri Jul 14, 2017 7:45 pm by කිත්සිරි ද සිල්වා

» ATM යන්ත්‍රයක් උදව් ඉල්ලයි
Fri Jul 14, 2017 6:41 pm by Ethical Trader

» නොබෙල් ත්‍යාගලාභී ලියෝ ෂියාබෝ දිවියෙන් සමු ගනියි
Thu Jul 13, 2017 8:51 pm by Ethical Trader

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Thu Jul 13, 2017 8:32 pm by Future123

» ජනාධිපති සිල්වාට අවුරුදු නවය හමාරක සිර දඬුවමක්
Thu Jul 13, 2017 6:46 pm by Rana

» රුසියානු හමුව: "පුතා අහිංසකයි"
Thu Jul 13, 2017 5:19 pm by Ethical Trader

» මුහුදේ ගසා ගෙන ගිය අලියා
Thu Jul 13, 2017 8:58 am by Ethical Trader

» චීන හමුදාවක් අප්‍රිකාවට
Wed Jul 12, 2017 8:49 pm by Ethical Trader

» TREASURY BILL AUCTIONS HELD ON 12 JULY 2017
Wed Jul 12, 2017 8:34 pm by Future123

» PINS.N0000 ( PEOPLE'S INSURANCE PLC )
Wed Jul 12, 2017 8:07 pm by nihal123

July 2017
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
3031     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Huge 'Fat Finger' Error Worth $617bn Hits Japan Market

View previous topic View next topic Go down

Huge 'Fat Finger' Error Worth $617bn Hits Japan Market

Post by Sriranga on Wed Oct 01, 2014 7:23 pm

Share orders worth several billions of dollars were cancelled in Japan due to a trading error.

At 9:25 am local time, orders for shares in 42 companies totalling 67.78tn yen ($617bn, £380bn, €488bn) were cancelled, according to data compiled by Bloomberg from the Japan Securities Dealers Association.

The stock orders amount to more than the size of Sweden's economy.

The companies involved in the trading error include Toyota Motor, Honda Motor, Canon, Sony and Nomura Holdings. The biggest order was for Toyota shares at 1.96 billion, representing 57% of the company's outstanding shares, for 12.68tn yen through an off-exchange transaction.

Off-exchange or over-the-counter trades are conducted directly between two parties without supervision of the stock exchange.

"It's not rocket science that there was a fat finger here, but it reopens the question about accountability," Gavin Parry, managing director at Hong Kong-based brokerage Parry International Trading, told Bloomberg.

The trading errors commonly known as 'fat finger' is not new to Japan. In 2009, UBS mistakenly ordered 3tn yen worth of convertible bonds in Capcom.

In 2005, Mizuho Securities tried to sell 610,000 shares at 1 yen apiece of a job recruiting firm called J-Com. It had actually intended to sell 1 share at 610,000 yen.

In 2001, UBS mistakenly placed a sell order for 610,000 newly listed shares in the Japanese advertising giant Dentsu for 16 yen apiece, while the prevailing market price was 420,000 yen.
http://www.ibtimes.co.uk/

_________________
"Investing is easy to learn, but it takes a lifetime to master."
avatar
Sriranga
Veteran
Veteran

Posts : 3225
Join date : 2014-02-23
Location : Colombo

http://sharemarket-srilanka.blogspot.co.uk/

Back to top Go down

Re: Huge 'Fat Finger' Error Worth $617bn Hits Japan Market

Post by cseinvestor on Wed Oct 01, 2014 7:42 pm

$600 bilion!! CSE whole year we get $100/150 million.

cseinvestor

Posts : 70
Join date : 2014-02-25

Back to top Go down

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum