Tokyo Exchange Scraps $617B of Stock Trades

A significant number of stock orders were canceled in Japan, surpassing the economic size of Sweden. The cancellations, attributed to a trading error, affected major companies like Toyota, Honda, and Sony. One order involved more than half of Toyota's outstanding shares. The issue may have been a 'fat finger' error, with trades conducted over-the-counter, meaning directly between parties without exchange supervision.

What was the scale of the stock order cancellations in Japan compared to?

• The size of Sweden's economy

• The market value of Apple

• The population of Japan

• The GDP of the United States

Which company had more than half of its outstanding shares involved in the cancelled orders?

• Sony

• Honda

• Toyota

• Nissan

What potential issue was suggested as a cause for the trading error?

• A regulatory change

• A fat finger problem

• A software glitch

• A cyber attack

How were the transactions conducted that led to the stock order cancellations?

• Through a government agency

• Over the counter

• Via a public auction

• Through a stock exchange

What does 'over the counter' mean in the context of these transactions?

• Transactions are conducted directly between two parties

• Transactions are done through a public platform

• Transactions are supervised by an exchange

• Transactions are regulated by the government