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 Post subject: Cancelling share trades
PostPosted: Fri Sep 23, 2016 7:48 pm 
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What are the rules in relation to stuff like this?

Quote:
A €600 million trade in Ryanair shares was cancelled on Thursday when it emerged that the broker had been trying to buy Bank of Ireland stock.
A total of 47.8 million shares in the Irish airline, valued at just over €600 million, changed hands in London before the trade was cancelled.
It is understood that the broker involved was trying to buy 34 million Bank of Ireland shares, priced at about 19 cent each, as opposed to Ryanair equities, which had a €12.63 price tag.


http://www.irishtimes.com/business/mark ... -1.2802158

Seems kind of strange...

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 Post subject: Re: Cancelling share trades
PostPosted: Fri Sep 23, 2016 9:27 pm 
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What a shitty story for the IT to run. Obviously a different broker trying to shit on a competitor. "Broker places order, then cancels it." Well that's €2 well spent.

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