It's easily done - a typing error slips through unobserved on your
computer as you tap frantically on your keyboard. But such errors
can cost thousands, even millions of dollars, if you're a bond
trader. And traders say the risks of expensive and embarrassing
mistakes occurring are made even greater by the lack of
standardization among electronic trading platforms.
Jim Claire, director of fixed income trading at First Union
National Bank, complains of...
