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Interactive Brokers To See Loss Of $48M From June 3 Trading Anomaly For Berkshire Hathaway Stock

Author: Benzinga Newsdesk | June 26, 2024 08:42am

That evening, the Company determined to take over a substantial portion of these trades as a customer accommodation. The Company also promptly filed claims for compensation with NYSE. On June 25, 2024, NYSE notified the Company that it had denied those claims in full. As a result, the Company has realized losses (including losses on certain hedge transactions) in the amount of approximately $48 million.

Posted In: BRK/A IBKR