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In order to have legal certainty and in order to avoid the situation that courts have to decide ex-post if a trade should be binding or not, erroneous trade rules of exchanges usually exclude civil-law rescission rights.
By May 7, 2018, Samsung Securities stated that it would file criminal lawsuits against employees who sold their shares during the fat finger incident. [3] On May 28, 2018, government prosecutors raided the Samsung offices.
Trader’s ‘fat finger’ costs Citi $79 million after U.K. fines bank over mistake that triggered 2022 market spasm
Editor’s note: The article and headline have been updated with the correct figures for Storebrand’s market cap. Storebrand, a leading Norwegian financial services group worth more than $3 ...
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Black holes have the same gravitational effects as any other equal mass in their place. They will draw objects nearby towards them, just as any other celestial body does, except at very close distances to the black hole, comparable to its Schwarzschild radius. If, for example, the Sun were replaced by a black hole of equal mass, the orbits of ...
Hole punch, an office tool used to create holes in sheets of paper; Punch (tool), a hard metal rod with a narrow tip which can be used for forming holes; Hole punching (networking), a technique in computer networking to establish a connection between two parties behind firewalls; Hole punching, deallocation of storage space in sparse files ...
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