News > Fat Finger Trade in Nifty Options Leads to a Loss of Rs200-Rs250 Crore

Fat Finger Trade in Nifty Options Leads to a Loss of Rs200-Rs250 Crore

Vardhaman Global Sharecom Pvt Ltd has written a letter to market regulator Securities and Exchange Board of India (SEBI), the National Stock Exchange (NSE) and NSE Clearing Ltd to ‘look into’ a punching error (called fat finger trade in trade lingo), which could have caused a loss of Rs200 crore to Rs250 crore.

After the fat finger trade that crashed the market in November 2012, this is, by far, the largest trading mistake executed by a broker in India.