‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value17.29

Storebrand, a leading Norwegian financial services group worth more than $81 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an erroneous keyboard or mouse input that places a buy or sell order that is magnitudes larger than

The post ‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value appeared first on CCN

Original source
https://www.ccn.com/fat-finger-error-costs-norwegian-bank-storebrand-nearly-12-billion-in-value/

Add comment

Please Sign in to be able to leave comments.