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Economy

A stock-trading typo cost a Japanese firm over $200 million

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In 2005, a Japanese stock trader accidentally offered 610,000 shares of a company for 1 yen each, instead of 1 share for 610,000 yen. The instantaneous error cost his firm over 200 million dollars before they could halt the system.

A stock-trading typo cost a Japanese firm over $200 million
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