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Swedish stock exchange hit by programming snafu

whizzter (592586) writes | about 2 years ago

0

whizzter (592586) writes "I was reading the national news today and an image in a stock exchange related article struck my eye. An order had been placed for 4 294 967 290 futures (0xfffffffa or -6 if treated as an 32bit signed integer) each valued at approximately 15 000 usd giving a neat total of almost 65000 trillion usd. The order apperantly started to affect valuations and was later annulled, however it is said to have caused residual effects in the system and trading was halted for several hours."
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