Japan's $617B Trading Error Raises Controls Concern
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main theory behind the over-the-counter trade error?
A deliberate attempt to manipulate the market
A miscommunication between traders
An accidental input of the number of shares instead of their value
A technical glitch in the trading system
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which organization confirmed the trade error as a mistake?
Nikkei Inc.
Japan Financial Services Agency
Tokyo Stock Exchange
Japan Security Dealers Association
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the immediate impact of the canceled orders on share prices?
Share prices plummeted
There was no direct impact on share prices
Share prices became highly volatile
Share prices skyrocketed
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many shares of Toyota were involved in the mistaken orders?
4 billion
3 billion
2 billion
1 billion
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following companies was NOT mentioned as being involved in the mistaken orders?
Toyota
Honda
Canon
Sony
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