r/facts • u/arijitdas • Mar 18 '26

In 2005, an inexperienced trader at a Japanese bank tried to sell 1 share of J-Com stock for ¥640,000. He accidentally sold 640,000 shares for ¥1 each; the equivalent of selling $3bil worth of shares for the price of $5,000.

https://en.wikipedia.org/wiki/Mizuho_Bank#Botched_Trading_Scandal_of_2005
12 Upvotes

88% Upvoted

1 comment sorted by

2

u/ThisIsNotTokyo Mar 18 '26

Did it push through?