Wall Street dropping fast than Brown's popularity!

[Asterix]

http://business.timesonline.co.uk/tol/business/ind...

Interesting - something to keep an eye on.

[john_p]

BBC News said:

Shares in consulting firm Accenture fell to 4 cents after it had closed at $42.17 on Wednesday. It later rebounded and closed at $41.09, down just over $1.

W-T-F

[Sebo]

LIFFE and Bond markets are opening at 1 in London tonight / tomorrow. Be interesting to see what the volumes / volatility look like

[tamore]

john_p said:

BBC News said:

Shares in consulting firm Accenture fell to 4 cents after it had closed at $42.17 on Wednesday. It later rebounded and closed at $41.09, down just over $1.

W-T-F

if true, a few people retired overnigh on that.

[dougc]

john_p said:

BBC News said:

Shares in consulting firm Accenture fell to 4 cents after it had closed at $42.17 on Wednesday. It later rebounded and closed at $41.09, down just over $1.

W-T-F

Being attributed to software problems.

[Uhura_Fighter]

Any more news on this?

I understand the markets opened at 01:00 this morning, what happened/is happening?

How is a hung Parliment being received?

ETA: I have seen what the news (Sky have said) Just want some opinions

Edited by Uhura_Fighter on Friday 7th May 10:51

[youngsyr]

dougc said:

john_p said:

BBC News said:

Shares in consulting firm Accenture fell to 4 cents after it had closed at $42.17 on Wednesday. It later rebounded and closed at $41.09, down just over $1.

W-T-F

Being attributed to software problems.

BBC were reporting that it was due to a trader's fat fingers - pressed the "billion" button instead of the "million" one. Not sure how that could happen in reality, but that's what they reported.

[Skipppy]

The media have been blaming black box trading for this. Certainly where I work (a rather large exchange) there has been nothing out of the ordinary. There were some dangerous rumours flying around about a large US bank yesterday afternoon...

[NailedOn]

dougc said:

john_p said:

BBC News said:

Shares in consulting firm Accenture fell to 4 cents after it had closed at $42.17 on Wednesday. It later rebounded and closed at $41.09, down just over $1.

W-T-F

Being attributed to software problems.

That would be a system run by IBM and not Accenture then!

[Mikeyboy]

youngsyr said:

dougc said:

john_p said:

BBC News said:

Shares in consulting firm Accenture fell to 4 cents after it had closed at $42.17 on Wednesday. It later rebounded and closed at $41.09, down just over $1.

W-T-F

Being attributed to software problems.

BBC were reporting that it was due to a trader's fat fingers - pressed the "billion" button instead of the "million" one. Not sure how that could happen in reality, but that's what they reported.

I've seen it happen on the IBEX years ago now when someone in Madrid disabled the system failsafes becuase they wanted to trade quicker.
screen figuresd just fell through the floor then bounced all the way back up again.

Amazingly everyone kept their jobs