close
MENU
Hot Topic SCIENCE
Hot Topic SCIENCE
3 mins to read

Restaurant Brands identified as firm caught in broker's trading error

Some market players have played down the broker's $15,000 fine.

Tim Hunter
Thu, 07 May 2015

UPDATEDThe stock subject to a trading error by First NZ Capital has been identified as Restaurant Brands.

At around 4pm on July 28 last year, a series of trades by First NZ Capital dragged the company's share price suddenly down from $3.13 to $2.70, a drop of 14%. Rather than report the error,

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Smartphone Only Annual Subscription

NZ$249.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter
Thu, 07 May 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Restaurant Brands identified as firm caught in broker's trading error
47459
true