Do Fat Finger errors still happen?
like the question says - so much of the trading volume is all automated. Wondering if fat finger errors still happen.
If it does in what markets?
Trending Content - Sales and Trading Forum
Career Resources
https://www.bloomberg.com/news/articles/2022-06-02/citi-s-fat-finger-tr…
lol. S&T desks gotta change pretty quickly. Intermediaries are going out of fashion with all the innovations happening in the markets
Yes and you are allowed to call the exchange to try and “break a trade” but they always don’t go so well
could you elaborate? What ends up happening usually on your end?
Lol I think I know people whose jobs is to pick up those calls and they're miserable people who hate their lives. Just not sure if you usually have to build personal relations with them or not. Idk if they are getting hundreds of those calls a day or just a couple.
I worked briefly as a FI trader and made a killing several times buying bonds for enormous spreads in my favor. Sometimes it was up to 50bps with great liquidity. It still happens
Consequatur omnis veritatis tempora qui. Enim culpa laborum quo. Accusamus qui fuga dolor ut qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...