... blad bo sie komus zle cos kliknelo
http://www.cnbc.com/id/36999239
Trading Error at Major Firm Blamed For Selloff
Published: Thursday, 6 May 2010 | 4:21 PM ET
By: CNBC.com with Reuters
A human trading error at a major firm was the root cause of Thursday's sudden, 9 percent selloff in U.S. stocks, sources told CNBC.
Current DateTime: 01:13:49 06 May 2010
Multiple sources said a trader entered the letter "b"—as in "billion"—when he or she meant to type "m," for "million," shortly before 2:47 p.m. New York time.
U.S. stocks plunged suddenly, briefly by more than 9 percent, before pulling back to a near 3 percent drop, as investor worries mounted that Greece's debt problems could spread.
Sources also told CNBC that the firm in question is Citigroup.
Citigroup [C 4.04 -0.14 (-3.35%) ] said it has no evidence of a bad trade but it is investigating the situation.
The New York Stock Exchange reported there were no computer glitches in its systems Thursday.
Separately, Nasdaq said it was working with other major markets to review the market activity that occurred between 2:00 p.m. and 3:00 p.m.
© 2010 CNBC.com