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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.
"Fat finger" typing (especially in the financial sector) is a slang term referring to an unwanted secondary action when typing. When a finger is bigger than the touch zone, with touchscreens or keyboards , there can be inaccuracy and one may hit two keys in a single keystroke.
Double entry (or more) may also be leveraged to minimize transcription or transposition error, but at the cost of a reduced number of entries per unit time. Mathematical transposition errors are easily identifiable. Add up the numbers that make up the difference and the resultant number will always be evenly divisible by nine. For example, (72 ...
It’s officially one of the costliest typos ever: U.K. financial regulators just fined Citigroup Global Markets Ltd. (CGML) $79 million for a “fat-finger” trade one of its employees placed by ...
Storebrand, a leading Norwegian financial services group worth more than $3 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat ...
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.
Enter: anal fingering, which involves using a finger (or two or five) to penetrate, thrust into, or apply pressure to the anus for the sake of pleasure. According to certified sex educator Alicia ...
Mistake fares can wildly range in price, some going so low as to even be free. There are different types of mistake fares, one of which is nicknamed the "fat finger fare." It refers to data entry mistakes or a misplaced decimal point. [4] Another one includes the ability to get a cheaper flight by paying in a different currency.