Analysis, Markets

A deep dive into Citi’s £62mn ‘fat finger’ fine

By Ellesheva Kissin
Fat finger
Image via Getty

What lessons are there to be learnt from a fat finger error at Citigroup’s European trading arm, which caused a markets flash-crash in May 2022? Two UK regulators fined Citi £62mn after a trader on its Delta 1 desk typed the value of a basket of equities into the wrong ...

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