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Monster Orders Upholsterd the Stockholm Exchange

Submitted by Roanman on Thu, 11/29/2012 - 09:56


Speaking of parasitic banks, does anyone think this clusterf#@& came from some private trader?

From SvD Naringsliv ..... I dunno ..... via google translate.

As always, click on the photo below for the entire translated ..... ish ..... piece.


Monster Orders Upholstered Exchange

Isn't that just the single greatest headline you've ever read?

Stockholm Stock Exchange was paralyzed on Wednesday morning of a purchase order of over 4.2 billion index futures. The value of words corresponding to 131 times Sweden's gross domestic product, and the stock market witnessed technical problems. 



The giant warrant december semester in OMXS30, a security equivalent to a basket consisting of the Stockholm Stock Exchange's 30 largest companies, and where trade is very important for the overall pricing of the stock market.

The order was on buy side of the order book and covered more than 4.2 billion futures, to a unit price of almost 107,000 dollars. It gives a theoretical value of 459 561 500 030 000, ie nearly 460 trillion dollars. Sweden's gross domestic product, by comparison, amounted in 2011 to more than 3500 billion.