Wednesday, November 28, 2012

Monster $46 Trillion Order F#*ks Up Stockholm Exchange




Stockholm Stock Exchange was paralyzed on the morning of a purchase order of over 4.2 billion index futures. The value of words corresponding to 131 times Sweden's gross domestic product, and the stock market reports on technical problems.

The order was on buy side of the order book and covered more than 4.2 billion futures, to a unit price of almost 107,000 dollars. It gives a theoretical value of 459 561 500 030 000, ie nearly 460 trillion dollars. Sweden's gross domestic product, by comparison, amounted in 2011 to more than 3500 billion….

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