男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

USEUROPEAFRICAASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Hot Words

烏龍指(wu long zhi): Fat-finger trade

China Daily | Updated: 2013-08-23 08:30

"Fat-finger trade", which refers to inputting error in trade, was suspected at the Shanghai Stock Exchange on Aug 16. On that fateful day, the Shanghai Composite Index surged by as much as 5.6 percent within minutes with some large cap stocks, such as PetroChina and Industrial and Commercial Bank of China, shot up by the maximum one-day limit of 10 percent.

Rumors flew thick and fast that fat-finger trade was at play or a major policy announcement was imminent. China Everbright Securities, the country's fifth-largest brokerage by market value, later said that its arbitrage system had encountered some problems. The brokerage said its trading system had erroneously created 26,082 orders within a couple of minutes around 11:05 am and mistakenly placed 23.4 billion yuan ($3.8 billion) of purchase orders with actual transactions of 7.27 billion yuan.

According to the China Securities Regulatory Commission, the rumored fat-finger trade was likely to be a machine-made "glitch" rather than a human error. But the exact cause of the "glitch" is still under investigation. Some investors who had bought stocks during the surge are now seeking legal help to get compensation.

Many investors are worried that the transaction and risk-control systems have deeper defects and quantitative trading risks are higher than feared, which may deal a blow to their confidence and undermine the credibility and stability of the equity market.

The China Securities Regulatory Commission and the Shanghai Stock Exchange are jointly investigating the incident, and they are expected to provide clear answers to investors.

(China Daily 08/23/2013 page9)

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 丹凤县| 濮阳市| 连江县| 高淳县| 叶城县| 佛冈县| 台北市| 临江市| 山阳县| 科技| 达拉特旗| 宁国市| 恩平市| 天全县| 凉山| 巴里| 中卫市| 同江市| 石家庄市| 磴口县| 建湖县| 抚远县| 达日县| 安塞县| 江安县| 益阳市| 仙居县| 香河县| 奎屯市| 南漳县| 张家港市| 定襄县| 千阳县| 广宁县| 阿城市| 英超| 峨眉山市| 绍兴市| 泽普县| 南陵县| 龙州县|