experienced board, page-44

Let me add by saying one of the most noticeable instances of this happening occured last year (late last year) on the stock Orica (ORI) - explosives maker, mining services etc etc...

The stock trades at ~$30 and was trading at around this level before a trader at obviously an inv bank or a hedge fund sold a large large large parcel at market.

He obviously knocked in a few too many zero's and didnt include a price level as the order sold the stock down from around (~) $30 to $9.


Someone here on HC said they bought some at around $10.

Immediately after the trade the stock kept trading at $30.


All trades on that order were cancelled by the offending brokers and the ASX settlements department.


Nothing will happen to your EPS trades or executed buy sell orders from yesterday