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August 17, 2013

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Home » Business » Finance

Major Equity Market Volatility In History

March 4, 2013

Nikkei 225 Stock Average futures volume plunges more than 90 percent as a software error forces a halt to Osaka trading of some derivatives, the first outage for Nasdaq OMX Group Inc technology that was installed in 2011.

October 5, 2012

Orders for Indian stocks improperly entered by a Mumbai brokerage send the CNX Nifty Index down 16 percent in eight seconds before rebounding.

August 1, 2012

Knight Capital Group Inc loses more than US$450 million after sending erroneous orders to the US because of a computer malfunction. Knight is later purchased by Getco LLC to create KCG Holdings Inc.

May 6, 2010

A large seller’s trades are executed in the US futures market, leading high-frequency trading firms to sell the long futures positions and making the Dow Jones Industrial Average fall almost 1,000 points in a matter of minutes before rebounding.

December 8, 2005

Mizuho Securities erroneously place an order to sell 610,000 shares of J-COM Co Ltd for one yen each, instead of a commissioned order to sell one share of J-COM Co Ltd for 610,000 yen at the Tokyo Stock Exchange. As a result of the error, Mizuho Securities accrued a loss of approximately 40.7 billion yen (US$420 million).




 

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