‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value

Storebrand, a leading Norwegian financial services group worth more than $81 billion shed 14 percent of its share value on Wednesday morning after falling victim to a phenomenon known as a “fat-finger” error. The term refers to an erroneous keyboard or mouse input that places a buy or sell order that is magnitudes larger than

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‘Fat-Finger’ Error Costs Norwegian Bank Storebrand Nearly $12 Billion in Value written by David Hundeyin @ https://www.ccn.com/fat-finger-error-costs-norwegian-bank-storebrand-nearly-12-billion-in-value/ November 28, 2018 David Hundeyin

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