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TIL in 2005 a typo nearly bankrupted one of Japan’s largest investment banks, Mizuho Securities. A broker mistakenly sold 610,000 shares at 1 yen each instead of 1 share at 610,000 yen. Attempts to cancel the trade failed. Mizuho lost over $225 million in minutes. - RFP Demo
Warning: Trying to access array offset on value of type bool in /usr/home/netsutra/public_html/visheshbusiness.com/smf/wp-content/themes/upvote/functions/theme-functions/theme-functions.php on line 327

TIL in 2005 a typo nearly bankrupted one of Japan’s largest investment banks, Mizuho Securities. A broker mistakenly sold 610,000 shares at 1 yen each instead of 1 share at 610,000 yen. Attempts to cancel the trade failed. Mizuho lost over $225 million in minutes.

10 months ago in Uncategorized 0

Warning: Trying to access array offset on value of type bool in /usr/home/netsutra/public_html/visheshbusiness.com/smf/wp-content/themes/upvote/functions/theme-functions/theme-functions.php on line 327

submitted by /u/efequalma to r/todayilearned
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TIL in 2005 a typo nearly bankrupted one of Japan’s largest investment banks, Mizuho Securities. A broker mistakenly sold 610,000 shares at 1 yen each instead of 1 share at 610,000 yen. Attempts to cancel the trade failed. Mizuho lost over $225 million in minutes.

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TIL in 2005 a typo nearly bankrupted one of Japan’s largest investment banks, Mizuho Securities. A broker mistakenly sold 610,000 shares at 1 yen each instead of 1 share at 610,000 yen. Attempts to cancel the trade failed. Mizuho lost over $225 million in minutes.

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