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There's never an "Are You Sure" button when you need one.
Article in the WSJ tells the story of a major Tokyo brokerage house
that will end up losing about $250 million because someone placed a
trade for a stock, where instead of buying 1 share at 610,000 yen
($5,043), he placed an order for 610,000 shares at 1 yen, and the
software had no way of stopping it.
Not only that, but on that and the resulting shareholder confusion,
the Nikkei 225 stock average dropped 2%.
Don't ya HATE that?
BTW...the stock was for a job recruiting company.
John Posada
Senior Technical Writer
"Well, you have to know these things
when you're king, you know." -
--King Arthur of Camelot.
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