CAPITAL MARKETS

Equity round-up: Mistake of the month

Peter Koh

January 03, 2006

A trader at Mizuho Securities in Tokyo accidentally sold 610,000 shares in J-Com for ¥1 instead of one share for ¥610,000.

The mistake has so far cost Mizuho ¥27 billion ($225 million), almost as much as the firm made in the financial year that ended in March 2005.

Equity round-up: Oops, I did it again

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Capital Markets January 2006

PK

Peter Koh