On Wednesday morning, on the Tokyo Stock Exchange was a technical error that led to the cancellation of orders worth about 67.78 trillion yen ($ 617 billion), – the London Evening Standard.
The so-called error “clumsy fingers” happens when you press the wrong key trader and, accordingly, give wrong figures.
British newspaper says that this error is a “proof of how difficult traders to work under intense pressure.”
The largest order for 1.96 billion shares of Toyota, worth 12.68 trillion yen, was one of the 42 canceled operations, according to Bloomberg.
The London Evening Standard quoted Gavin Parry, managing director of the Hong Kong brokerage Parry International Trading, who said: “It is clear that there has been a clerical error, but it once again opens the question of individual responsibility.”