Swiss bank UBS (stay with me) placed an order of 3 trillion yen (US$31 billion) for Capcom bonds. Make that, mistakenly placed an order.
The bank intended to place an order for 30 million yen bonds in Capcom, but instead a substantially larger order was placed. UBS does not describe the mistake as "human error."
This the second time in eight years that a UBS unit have given the Tokyo Stock Exchange a bum order.
The erroneous order was placed in electronic out-of-hours trading, making it easier to cancel. Capcom received an apology from the Tokyo Stock Exchange for the inconvenience — and heartbreak.