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    Veteran Member Heaven777's Avatar
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    Default Re: Whoops!

    Betcha he's fired!!
    If everything you try is a sure thing, you aren't taking enough risks. If you never fail, you put a limit on the degree to which you can succeed. In short, the only way to win big is to risk losing

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    Banned Melonie's Avatar
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    Default Re: Whoops!

    Now I know why my Japanese mutual fund IRA shares took a major sag today (big holdings in Japanese financial institution shares)!

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    Featured Member lunchbox's Avatar
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    Default Re: Whoops!

    I'd fire every programmer who ever touched his trading software. Honestly to allow a trade of that maginitude so far from the spread, should require a special password, a password be reentered, fingerprint, something, ANYTHING.

    It will be interesting, 20 years ago, he'd of killed himself. I bet it gets reversed.

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    God/dess Deogol's Avatar
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    Default Re: Whoops!

    ^Then the next thing you will hear is how hard it is to get anything done with the software and that it hindered a great deal.

    I am a big believer in the user being the responsible party.

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    God/dess montythegeek's Avatar
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    Default Re: Whoops!

    Quote Originally Posted by Deogol
    ^Then the next thing you will hear is how hard it is to get anything done with the software and that it hindered a great deal.

    I am a big believer in the user being the responsible party.
    Deogol, I am in agreement with the concept of personal responsibility, but the user does not bear the financial risk, even if he bears responsibility--the company does. 146 million pounds is a shitload of money. It also does not help that it was in yen which has so many zeros in its currency. A simple warning message before transmital when both dimensions (price and quantity) were outside the bounds would catch 90% of such mistakes.

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    Featured Member Vamp's Avatar
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    Default Re: Whoops!

    And I thought it was bad when I messed up at work!


    now i dont feel so bad. hehehe

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