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Mail Order Price-Listing Typo Cost Company Over $2 Million
November 11, 2003
Myers-Briggs Type Indicator (MBTI)
June 2, 2006A Japanese securities firm employee made an error when placing a sell order. Instead of selling 1 share at 610,000 yen, the numbers were reversed and 610,000 shares were sold for 1 yen causing mayhem in the Japanese market. Want to read more about the cost of this error?