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Quantitative Finance · Glosario

¿Qué es Clearly erroneous trade?

Definition 31.4 Markets I: The Ecosystem and Exchange-Traded Markets · Capítulo 31 — Stress Case Studies

A clearly erroneous trade is one that an exchange may cancel after the fact because its price was too far from a reference price. On 6 May 2010 the threshold, 60%, was chosen after the event; price bands exist so that such trades do not happen in the first place.

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