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probably the biggest oops! in stock exchange history

Originally posted by: darkxshade
Wow, I would not want to be the one who typed it into the computer... he's gonna get burned so bad.
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I thought that, too. Can you imagine how badly that person feels?

🙁
 
haha:

" ``This will make Japan the laughing stock of the world,'' said Fumiyuki Nakanishi, a strategist at SMBC Friend Securities Co. in Tokyo. ``Mizuho and the Tokyo Stock Exchange have shown how weak their compliance and trading systems are.''"

😀
 
Originally posted by: TallBill
Originally posted by: DaWhim
probably reversible.
Click to expand...

The damage isn't.
Click to expand...

At 9:27 a.m. yesterday, Mizuho's brokerage wrongly put an order to sell 610,000 shares for 1 yen each, Fukuda said. It had intended to sell 1 share for 610,000 yen for a client. The brokerage realized its mistake at 9:29 a.m. Four attempts to cancel the order, including one by Mizuho's head office, failed.zuho then decided to buy back the shares, Fukuda said.
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Thats not coming back 😛
 
Geez, I hope the guy who made that mistake doesn't slit his wrists. I've heard some japanese are quick to kill themselves in situations like this. My Japanese neighbor killed himself because he didn't have a job for a while. Left behind a wife and two kids.
 
Probably is required to do so.

That doesn't only bring shame to himself, his family and his job. Capital offenses in Japan. The community polices their own very harshly.

Terumo
 
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