Hi All,
Could you please share the interesting and unusual trivia and facts about the stock market.
BSE India is the exchange where the most number of companies are listed in the world and also the oldest stock exchange in Asia.
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$224 loss due to typing mistake
Back in 2006, a broker for Mizuho Securities in Japan planned to sell off a single J-Com Co. share for 610,000 yen. Thanks to a typing mistake on his part, he ended up with 610,000 shares for 1 yen each. The error caused Mizuho’s shares to drop like a stone. This caused a loss of around $224 Million.
Find more like this below:
What is the highest priced share on the American Stock Exchange?
Seaboard Corp. (SEB), which closed at - – $1511 at the end of 2005.