The Fat Finger Trade That Caused A Huge Loss

Last week in India, a fat finger trader faced a 250 Crore INR loss in a single trade

Photo by Maxim Hopman on Unsplash

On June 2, 2022, a Thursday, it was an expiry day for the weekly options contract on National Stock Exchange in India. An institutional trader made a trade, and due to a small mistake, he lost about 250 Crore INR. The media call it the fat fingers…