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‘Fat finger’ trade on NSE may have cost broker Rs 250 crore loss - Furore News | Breaking News, Trending News, Politics, Sports News and Live Updates

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‘Fat finger’ trade on NSE may have cost broker Rs 250 crore loss

A fat finger trade is an erroneous action due to a mouse misclick or punching a wrong key, which could lead to a huge loss for the one initiating the trade and a windfall gain for others. Market players said that at least two Kolkata-based...

Furorenews Jun 3, 2022 11:04 289 0

A fat finger trade is an erroneous action due to a mouse misclick or punching a wrong key, which could lead to a huge loss for the one initiating the trade and a windfall gain for others. Market players said that at least two Kolkata-based brokers made windfall gains from the incident, with one richer by Rs 50 crore and the other by Rs 25 crore.