Off-Topic: Computer Error

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	Name:	GoneFishin -
	Subject:	Computer Error
	Date:	5/6/2010 8:51:07 PM

It was not a computer error. The computer did exactly what the trader keyed in Billion rather than Million. I am extremely surprised there was not an edit that would not allow a trade that exceeded a number of options or shares well below a Billion.

Do we need Federal regulation requiring some obvious safeguards? I guess it depends on how how much you made or lost today in the market from trades that were actually executed and allowed to stand. They are going to rescind trades that were executed within a specific timeframe and lost at least 60% of their value.

Other messages in this thread:

View Entire Thread

Computer Error - lotowner - 5/6/2010 8:37:52 PM

I'm curious - Talullahhound - 5/6/2010 8:39:49 PM

I'm curious - lotowner - 5/6/2010 8:45:42 PM

I'm curious...and looking - willallie - 5/7/2010 9:24:38 PM

Market Manipulation - lotowner - 5/6/2010 8:43:07 PM

Computer Error - GoneFishin - 5/6/2010 8:51:07 PM

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