BP Share Price Spike: A Trader's 'Fat Finger' Fumble?
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The share price of BP has mysteriously spiked in what is thought to have been a so-called "fat finger" blunder by a trader.
BP shares jumped 4.8%, or 24p, in a second on the FTSE 100 before suddenly correcting again.
Market traders on Twitter were speculating that it could have been a fat finger, which means an accidental transaction – perhaps an extra zero on a trade – by someone dealing in the stock.
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some trader had too many beers last night. one hell of a hangover now #BPfatfinger
— Joshua Raymond (@Josh_CityIndex) September 12, 2014
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