Typing error sends Tel Aviv Stock Exchange plummeting

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Stuart Winer
Times of Israel
August 25, 2013

A typing error caused the value of one of Israel’s largest companies to instantly drop over 99% in value Sunday, dragging the Tel Aviv stock exchange down several points before the mistake was discovered and fixed.

The Israel Corporation saw its value plummet by 99.88% in a matter of minutes around noon on Sunday, bringing the TA-25 index down by 2.5% and triggering an automatic fail safe that shut down trading for a short time.

The catastrophic mistake was apparently caused during a transaction by a trader who wanted to sell shares in another company but accidentally entered Israel Corp. shares instead, Globes reported.

Read full article

This article was posted: Sunday, August 25, 2013 at 12:43 pm

Tags: ,

Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

White House Tells Parents: Children Could Be Terrorists! See the rest on the Alex Jones YouTube channel.

Al Sharpton: Mob Rat For The FBI See the rest on the Alex Jones YouTube channel.

© 2013 Infowars.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.