Sentence examples for pricing errors from inspiring English sources

Exact(18)

Pricing errors attracted swarms of bargain hunters.

LONDON — Credit Suisse shook the markets on Tuesday when it announced that pricing errors by traders on asset-backed securities would result in write-downs of $2.85 billion.

The regulator ruled that the bank had failed to create adequate controls to avoid pricing errors, and that once they occurred, had failed to detect them in time.

Credit Suisse said its internal review had "identified mismarkings and pricing errors by a small number of traders in certain positions in our structured credit trading business ".

In February, the bank shocked markets by writing down $2.85 billion in asset-backed investments and suspending some traders after finding pricing errors on its books.

The losses tied to the pricing errors were a major embarrassment for Credit Suisse, which performed better than most of its competitors during the credit crisis.

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Similar(41)

A pricing error?

That kind of pricing error and inefficiency creates value stocks.

MySale's debut on the junior market got off to a rocky start after a pricing error saw its shares priced in pounds not pence, accidentally triggering a sell off on its opening day.

Extremely thin volumes made for volatile trading, as a pricing error in an electronic trading system sent Treasuries stumbling sharply lower in the morning before the market regained its composure when the snag was discovered.

MySale, the website that runs clearance sales for fashion brands, made an inauspicious debut as a company listed on the London Stock Exchange after a pricing error meant it accidentally ran a flash sale of its own shares.

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