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Great trading bloopers of our time

Hand On Keyboard

Here's a quick look at some of the trading disasters which have occurred in recent years. Note that these are genuine foul-ups (or 'fat-fingered' trades), and not losses down to rogue traders.

BNP Paribas to take writedown

Eiffel Tower

BNP Paribas is writing down part of the goodwill related to its BNL unit, which will result in a reduction to fourth-quarter earnings of about $983m.

SEC builds algorithms to better police securities

Sec Building

The U.S. Securities and Exchange Commission has been building its own algorithms over about the past two years to better police trading of securities tied to mortgages and auto loans. In doing so, it says it’s now uncovered billions of dollars in trades that may raise red flags - from excessive mark-ups on bond sales to possible kickbacks for brokers who act as middlemen.

Wacky 2016 predictions

Snow Runner

Lombard Street Research has published a tongue-in-cheek alternative guide to 2016 containing (highly) unrealistic (but amusing) scenarios.