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CNBC: A Citigroup Trader Made The Big Fat Finger Error [View All]

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-10 08:36 PM
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CNBC: A Citigroup Trader Made The Big Fat Finger Error
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Source: Business Insider


Reports from CNBC and our own sources suggest that it was a Citigroup (C) trader that accidentally entered a sell BILLION-size sell trade, when they meant to do million.

Since the market came back and only ended down over 3%, all the focus now is on what happened. There's going to be an investigation into Proctor & Gamble (PG) trading, Accenture (ACN) and the market as a whole.





Read more: http://www.businessinsider.com/cnbc-a-citigroup-trader-made-the-big-fat-finger-error-2010-5
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