Citi hit with €350K fine following fat-finger mistake
A trader at CITI placed a series of sell orders based on an incorrect quantity of 58 million units instead of the intended EUR 58 million.
A trader at CITI placed a series of sell orders based on an incorrect quantity of 58 million units instead of the intended EUR 58 million.
The Nasdaq Stock Market will introduce the ability to optionally enable the Fat Finger check for ISO orders and Auction orders.
Cboe Options Exchange will eliminate Fat Finger price checks for all floor-based Multi-Class spread limit orders, other than SPX versus SPXW spread limit orders.