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Author Topic: why i could never be a trader  (Read 1587 times)
Ironside
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« on: May 07, 2010, 09:04:14 PM »

they suspect that someone with fat fingers syndrome caused the dow jones to drop 9% in a matter of seconds yesterday when he hit a b instead of an m

selling off billions of shares at a cheap price instead of millions

costing his employers goodness knows how much

you think he will still have a job?
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Graham C
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« Reply #1 on: May 08, 2010, 12:53:22 AM »

I'm not that in the know with financial computer systems but I'd expect something that importent would have more requirements than to press M for Millions or B for Billions required to actually make a trade.  I'm guessing Fisher Price doesn't make their systems?
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Ironside
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« Reply #2 on: May 08, 2010, 12:54:29 AM »

I'm not that in the know with financial computer systems but I'd expect something that importent would have more requirements than to press M for Millions or B for Billions required to actually make a trade.  I'm guessing Fisher Price doesn't make their systems?

you would imagine so
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Chompy
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« Reply #3 on: May 08, 2010, 11:15:36 AM »

Wondered why Drainy wasn't on the Luton nthread yesterday...
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« Reply #4 on: May 08, 2010, 01:08:34 PM »

How dubm can you be?
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« Reply #5 on: May 08, 2010, 01:20:53 PM »

when he hit a b instead of an m

million
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ZZZZZZZROPE
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« Reply #6 on: May 08, 2010, 02:43:33 PM »

im sure he would have bought when it dropped that much knowing when ppl find out what happened it would rally back up, so he may not have lost that much
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« Reply #7 on: May 08, 2010, 02:49:30 PM »

good job he didnt hit a T
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Mantis - I would like to thank 77dave for his more realistic take on things.
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« Reply #8 on: May 08, 2010, 03:29:54 PM »


There was a biggish thread on 2+2 about this.  Citigroup, who were the main suspects, issued a statement "denying any involbent"
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