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To: TFF who started this subject	11/19/2003 1:04:02 PM
From: TFF	of 12617

Oops… 5 years ago… Eurex trader accidentally loses £10m November 19 2003 by silicon.com 19.11.98: A trainee trader on the German electronic exchange Eurex lost £10m after mistakenly pressing the wrong keys. Eurex, which was formed from the merger of Deutsche Terminbourse and Soffex, the Swiss derivatives exchange, is where most German bond futures contracts are traded. The problem occurred when a trainee was plugged into the simulation system and switched over to the live system whilst practising with £11.5bn worth of German bond future contracts. The contracts were then sold at a loss of £10m.

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