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calvin2020
Kevin McClure
Robin McClure
Wally Lovely

December 14, 2005

Botched Stock Trade Cost Japan Firm $225M: Government Watchdog Rebukes Stock Exchange, Broker

A 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?