nsane.forums Posted January 28, 2010 Share Posted January 28, 2010 fat fin·ger |fat 'fi NG gÉ™r |, verb, to enter a trade order incorrectly into an electronic stock trading system: He fat-fingered that sell order by accidentally adding two zeroes.The term comes from the idea of a clumsy, "fat-fingered" typist, who presses extra keys without being aware of it.As the practice of high-frequency trading continues to become more widespread, concerns are growing that erroneous trades carried out by "algos gone wild"—a sort of digitally amplified version of the "fat finger" phenomenon—could cause a market crash at Internet speed, a meltdown that no one could stop. Two recent market glitches could provide a preview of what's to come. View: Original Article Link to comment Share on other sites More sharing options...
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