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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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,

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Tim Hunter
Thu, 07 May 2015
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Restaurant Brands identified as firm caught in broker's trading error
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