Citigroup narrowly avoided what could have been one of the largest banking blunders in history after it mistakenly credited a client’s account with $81 trillion ...
Two co-workers even approved the astronomical sum – more than 20 times the UK’s GDP – before it was sent to the client’s account the following morning.
Fat finger also refers to mistakes made by erroneous typing of dollar amounts, account numbers or other critical values. See fat finger check. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other ...
Street Talk understands the blip was all down to a so-called “fat-fingered” trade that sent the price flying. The broker in ...
The US bank Citigroup accidentally credited a client's account with $81 trillion when it intended to send just $280 – ...
Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a ...
Citigroup fined CHF500,000 by Swiss stock exchange regulator after a fat-finger trade caused a 2022 flash crash in European stocks.
That range is a test criterion. See validity checking and fat finger. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.