June 8, 2012

Click Submit Only Once, UBS Facebook Trading Losses

Click submit only once, UBS’s Facebook trading losses.

UBS Facebook IPO trading losses per CNBC 
These people said UBS wanted 1 million shares, but when it did not receive confirmations, it repeated the order multiple times and was left with much more than it intended.

As a result, UBS may have Facebook trading losses of $350m.

Click submit only once.

And, NBBO for Facebook, which led to such losses.

Tags: facebook ipo losses, facebook trading losses, click submit only once, ubs facebook trading loss