Reported 4 months ago
During a trading glitch on Monday, some Berkshire Hathaway investors tried to purchase steeply discounted Class A shares, but ended up acquiring shares at full price as trading resumed. Users reported issues with filled orders once trading resumed, resulting in single shares, margin debt, and losses. The glitch also affected other companies on the NYSE, with the exchange busting trades executed below a certain price. Electronic brokerages, including Interactive Brokers and Charles Schwab, are working to reverse orders filled due to the glitch.
Source: YAHOO