C May 2024 40.000 call
- The Telegraph
Citi fined £62m after ‘fat finger’ trade triggered £1.1bn share sale
Citi has been fined £62m by UK regulators after a “fat finger” trade triggered a flash crash on the European stock market.
- CNN Business
Fat-finger trade? Citigroup fined for nearly dumping $189 billion of stocks by accident
UK regulators slapped a combined £62 million ($79 million) fine on Citigroup Wednesday for failures in its trading systems that almost resulted in stocks worth $189 billion being dumped onto European markets.
- Bloomberg
Citi Fined £62 Million After UK Trader Triggered Flash Crash
(Bloomberg) -- Citigroup Inc. was fined £61.6 million ($79 million) by UK regulators for failures after a London staffer’s fat-finger trade caused a flash crash in European stocks in 2022. Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceThese Flight Routes Suffer the World’s Worst Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorBarclays Managers Warn Some Staff to Prepare for Five Days a Week in OfficeThe Wall Street
