Posts Tagged ‘validation’

The Business of Risk

This week, the Japanese stock market suffered a serious blow when a trader accidentally sold 610,000 shares in J-Com, a recruitment company, for 1 yen (half a penny) each. The scale of this error becomes apparent when you realise that the broker concerned had intended to sell only one share, for 610,000 yen (£2,893).
Oops [...]