Fat finger error deutsche bank

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BBC News. Please wait The following processes and procedures may reduce fat finger errors:. This is because when such an error occurs, it should be caught in an internal system known as "bear trap" which has been in place since a similar error took place in Horse Racing. Fat finger errors have featured in other recent news stories as well. From Wikipedia, the free encyclopedia. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.

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  • Deutsche Bank 'fatfinger' flub said to send US$35B to outside account BNN Bloomberg
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  • Deutsche Bank fat finger fx trade Business Insider

  • Bloomberg Are you a robot

    Init was believed a. Germany's biggest bank said an “operational error” led to the accidental collateral payment of €28 billion ($35 billion) to an exchange it does.

    Another major company has fallen victim to the inelegant fingers of fallible humans, as it was revealed that a typo accidentally led Deutsche.
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    The idea was that a trader had entered an order incorrectly, placing the order in the billions rather than the millions. US Show more US.

    Video: Fat finger error deutsche bank What is a Fat Finger Error? 😣 How To Identify 'Fat-Finger' Trades!

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    Algorithmic Trading Definition Algorithmic trading is a system that utilizes very advanced mathematical models for making transaction decisions in the financial markets.

    Deutsche has had other problems with payments in recent history too. At the NYSE-Euronext Liffe Paris, Brussels, Amsterdam" Where a member has executed an Erroneous trade, he will have a maximum of 30 minutes from the time of execution within which he may contact Market Services to request an invalidation ".

    images fat finger error deutsche bank

    Laura Weir. Euronext Liffe.

    Deutsche Bank 'fatfinger' flub said to send US$35B to outside account BNN Bloomberg

    Program Trading Definition Program trading refers to the use of computer-generated algorithms to make trades in large volumes and sometimes with great frequency. As of early Wednesday afternoon, Storebrand shares were back in trade at a more believable

    For Deutsche Bank, the mistake comes at a delicate time as the new CEO, Christian “Fat-finger incidents are common within banks but automated controls.

    A fat-finger error is a keyboard input error or mouse misclick in the financial markets such as the Ina junior employee at Deutsche Bank whose superior was on vacation confused gross and net amounts while processing a trade. Deutsche Bank paid $6bn to a hedge fund client by mistake in a “fat finger” trade on its foreign exchange desk this summer that raises fresh.
    Authorization : Requiring authorization for trades that are over a specified amount can reduce fat finger errors.

    images fat finger error deutsche bank

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    images fat finger error deutsche bank
    Fat finger error deutsche bank
    Fat finger errors are often harmless but can sometimes have a significant market impact.

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