Traders’ ‘fat finger’ costs $706bn

Error...An investor watches as Japan's Nikkei 225 stock market index is displayed in Tokyo. Picture: AP Source: AP

SHARE orders worth more than Sweden's entire economy had to be cancelled after the biggest 'fat finger' trade ever.

The 40 trades, worth 67.78 trillion yen ($706 billion), were cancelled in Tokyo before they could be executed, Bloomberg News reports.

The largest order was for 1.96 billion shares of Toyota, which would have been almost 60 per cent of the company. Other shares ordered in the trade included Honda, Canon, Sony and financial group Nomura.

Orders to buy stock are often cancelled, but this is believed to be the largest 'fat finger' trade ever, reports Bloomberg.

"I've never heard of orders this big being cancelled before," said Sumitomo Mitsui Trust Bank market strategist Ayako Sera, in Tokyo. "This must have been an error."

Traders are speculating over who made the massive error, which was over-the-counter, meaning just between two parties and therefore not regulated by authorities.

Major order ... The 'fat finger' trade included a request to buy almost 60 per cent of Toyota. Picture: AFP Source: AFP

Some market experts say the gigantic order probably never would have been executed without raising red flags.

"It's not rocket science that there was a 'fat finger' here, but it reopens the question about accountability," said Parry International Trading managing director Gavin Parry, who is based in Hong Kong.

"There is a probability a broker mistook the number of shares for the value of shares."

In the red ... Businessmen walk past the exchange rates in Tokyo overnight. Picture: AFP Source: AFP

'Fat finger' trades have happened before, although this is thought to be the largest one.

Swiss financial giant UBS ordered 3 trillion of bonds from a video game company by mistake in 2009.

And in 2005, a share trader at Mizuho bank mistyped an order for shares in recruitment company J-Com and cost his company 27 billion yen. In that case, he intended to sell one share at 610,000 yen, but instead sold 610,000 shares at 1 yen each. Those orders were filled — despite the fact it was 41 times the number of actual shares in the company, reports The Independent.

And American firm Knight Capital Group had to be bailed out in 2012 when its computers accidentally placed orders that cost the firm hundreds of millions in losses.

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‘It’s exhausting being a woman’

Life change ... transsexual Chelsea Attonley wants to be a man again. Picture: Twitter Source: Supplied

A TRANSGENDER woman encouraged to have a £10,000 ($19,000) sex change by Katie Price wants to become a man again — because it's "exhausting" being a woman.

Chelsea Attonley, who was born a boy called Matthew, said she is tired of putting on make-up and wearing heels following her sex change seven years ago.

"It is exhausting putting on make-up and wearing heels all the time. Even then I don't feel I look like a proper woman," Attonley, 30, said, according to The Mirror in the UK.

"I suffered from depression and anxiety as a result of the hormones too. I have realised it would be easier to stop fighting the way I look naturally and accept that I was born a man physically.

"Now I have decided I want to live as Matthew, I am desperate to have my FF-cup boobs removed."

Attonley, a drag queen known as Miss Malibu, previously told how she struggled with her identity growing up and became depressed when a doctor rejected her initial bid for a sex change.

Inspirational ... Chelsea Attonley said Katie Price urged her to have a sex change. Picture: Ian West/PA Wire Source: AAP

However her fortunes changed when she met glamour model Price, aka Jordan, at a nightclub in 2007, according to Closer magazine in the UK.

Price encouraged Attonley, who mimicked the bombshell's look in drag, to make the change, saying: "Go for it!"

Inspired, Attonley returned to her GP who approved the surgery at a cost of £10,000 — funded by taxpayers.

But now, Attonley reportedly regrets her choice and wants the National Health Service to fund her £14,000 sex change surgery.

"I don't feel bad about the NHS paying for the surgery as I don't consider it a choice," Attonley said.

Exhausted ... Chelsea Attonley wants to go back to being Matthew. Picture: Twitter Source: Supplied

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Police failed me: Bill Shorten's 'rape' accuser

Bill Shorten. Picture: Eugene Hyland Source: NewsComAu

A WOMAN who claims she was raped by federal Labor leader Bill Shorten has accused Victoria Police of failing to investigate properly because of his position of power.

Earlier this year, authorities decided not to press charges against Mr Shorten because prosecutors felt that "there was no reasonable prospect of conviction".

The woman, Kathy, asked that her surname not be published, but agreed to be photographed.

Interviewed by the Herald Sun in Queensland, she said the trauma of what she says happened to her had been exacerbated by what she sees as an inadequate police investigation.

WATCH the full VIDEO in the Herald Sun's EXCLUSIVE interview.

"I had three main witnesses ... I gave them the phone number of one, her maiden and married names, told them she lived in Melbourne.

"The police told me they couldn't find her," Kathy said.

"But they went to all of Bill's friends,'' she said.

Mr Shorten's press secretary Ryan Liddell last night referred to Mr Shorten's statement in August: "The claim has now been thoroughly and rigorously investigated by police, as is entirely proper.''

Kathy, who claims she was raped by Opposition Leader Bill Shorten. Source: News Corp Australia

Read more of Kathy's claims in the Herald Sun's VIDEO EXCLUSIVE interview.

david.hurley@news.com.au

Originally published as Police failed me: Bill Shorten's 'rape' accuser

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The man leading our IS air strikes

Air strike against an ISIL-held building east of Al Hasakah, Syria. Courtesy US Central Command.

Steve Roberton ... The commander of the biggest air force task group to leave Australia since the Vietnam War. Picture: Supplied. Source: Supplied

WHEN he was growing up on Queensland's Sunshine Coast Air Commodore Steve 'Zed' Roberton preferred surfing to plane spotting or building model aircraft.

The commander of the biggest air force task group to leave Australia since the Vietnam War is universally popular and widely tipped as a future Chief of air force.

His path into the cockpit of a RAAF fast jet fighter (he has logged 2500 hours on F/A-18 Hornets) and the eventual command of 400 personnel poised for war in the Middle East was very different to most young RAAF officers.

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Strong leader ... Group Captain Steve Roberton, Officer Commanding No. 82 Wing, in front of an F/A-18F Super Hornet at RAAF Base Amberley. Picture: Supplied Source: Supplied

It wasn't until he was in the second year of a Science Degree at the University of Queensland that Steve Roberton even thought about taking to the air. The decision only came about after he noticed an attractive blonde promoting the university gliding club.

"She was a terrific girl. I dated her for a while and started flying and just loved it," he said.

"I seemed to have a bit of a knack for it [flying] and that was it. I thought, 'I'll have a crack at that'."

After finishing his degree the free spirited surfer joined the RAAF and found himself with a new haircut and at flying training school as one of just two 'bog rats' (trainees) who had never even flown an aircraft fitted with an engine.

That didn't seem to matter and Roberton became dux of his fast jet course and was posted to F/A-18 Hornet fighters.

Like all pilots he clearly recalls his first solo flight in the fighter jet on a beautiful clear afternoon at RAAF base Willamtown near Newcastle in NSW.

Taking control ... John Haly, Glen Braz and Steve Roberton in the cockpit of a Super Hornet at Lemoore US Navy airstation in California. Picture: Supplied Source: Supplied

"I remember thinking what a monumental folly it was that the government was paying me to take a $40 million jet flying when I didn't seem to have much of a clue about it. It was just brilliant, just fantastic," he said.

He rose to command the Number 75 Hornet Squadron before being appointed head of the air combat transition office (Super Hornets) and then officer commanding Number 82 fighter Wing. He was one of the RAAF's youngest ever Group Captains.

In mid-2009, while undertaking Super Hornet conversion training at the US Naval Air Station at Leemore near Fresno in California, 'Zed' Roberton described the Howard Government's controversial decision to buy 24 of the Boeing jets as a capability "gap filler' as "enlightened".

Now five years on he has been taken off his desk job in Canberra as director general aerospace development to lead his Super Hornets to war.

Senior ranks ... Steve Roberton, Mark Binskin and Glen Braz, at the launch of the RAAF's first Super Hornet fighter at the Boeing factory in St Louis USA. Picture: Supplied Source: Supplied

For the personable Roberton the next few days will be the most intense of his long and distinguished career as he waits for the government to give the green light later this week to join air strikes in Iraq. Then he will order his flyers to go to war.

As the air combat team continues to train and coordinate and communicate with other coalition forces from their base at al-Minhad, with the world's highest building shimmering nearby on Dubai's crowded skyline, Roberton told a Defence Force camera that his lethal force was ready to go.

"We have managed to deploy the largest air task group since Vietnam. We have gotten over here within days and we are ready for combat operations."

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Australia’s most powerful police car

New weapon ... The highway patrol car has almost twice as much grunt as a standard Ford Falcon GT. Picture: Supplied. Source: Supplied

IT has more power than any of the V8 Supercars at this year's Bathurst 1000.

It can detect stolen cars in milliseconds, and spot speeding drivers from up to a kilometre away.

It's not a bird, it's not a plane. It's Australia's most powerful — and most technically advanced — police car.

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MOVING FORD: Police get delivery of a supercharged Falcon GT

The Ford Falcon GT-F ... Australia's most powerful and most technically advanced police car. Picture: Supplied Source: Supplied

The NSW highway patrol have taken delivery of one of the last ever Ford Falcon GT sedans — which, in a one-off special, has a supercharged V8 engine tuned by racing legend Dick Johnson to a staggering 800 horsepower, or 600 kilowatts in modern terms.

Extra grunt ... the car's V8 engine has a staggering 800 horsepower, or 600 kilowatts in modern terms. Picture: Supplied Source: Supplied

Not only does this police car's power eclipse the V8 Supercars on the grid at next weekend's Bathurst 1000 (which each have about 600 horsepower or 450 kilowatts) it has almost twice as much grunt as a standard Ford Falcon GT.

Head turner ... the new police car can detect stolen cars in milliseconds and speeding drivers from up to a kilometre away. Picture: Supplied. Source: Supplied

The high-powered and hi-tech police car was funded by the NSW Centre for Road Safety and joins two other special models — a HSV GTS and an earlier Ford Falcon GT — to target hoon drivers.

The police supercomputer in a supercar is due to be unveiled today at the launch of the long weekend double demerits road safety campaign and will make its first official public appearance in the spectator areas of the Bathurst 1000 car race.

Public presence ... the GT-F will spend most of its time parked at shows and community events. Source: Supplied

Since double demerit points were applied to speeding and seatbelt fines in 1997, figures show there has been a 20 per cent reduction in fatal crashes over the relevant holiday periods.

While the new police car is equipped with the latest technology to catch high-speed crooks and banned drivers, it will spend most of its time parked at shows and community events.

"It's about talking to car enthusiasts on their level and having them understand the technology we have available," said John Hartley, NSW Police assistant commissioner and commander of traffic and highway patrol.

"The vast majority of motoring enthusiasts are safe drivers who do the right thing … but once more people realise how much technology we have to detect dangerous drivers, hopefully they'll be less inclined to break the law."

Since NSW Police fitted numberplate reading technology to its fleet of 400 highway patrol cars in November 2009, the cameras have detected 141,000 unregistered cars, 20,000 unlicensed drivers, and 5600 wanted criminals. The roof-mounted cameras also helped police detect 47,000 other driving offences.

Flashing lights ... holiday demerit points have led to a 20 per cent reduction in fatal crashes. Picture: Supplied Source: Supplied

Figures show unregistered cars and unlicensed drivers are involved in 25 per cent of all road deaths, even though they only account for about 1 per cent of all cars and drivers on the road.

Police regularly use high-profile cars to attract attention rather than write tickets.

On a mission ... the GT-F joins two other special models — a HSV GTS and an earlier Ford Falcon GT — to target hoon drivers. Picture: Supplied Source: Supplied

Police in North Sydney's Harbourside Area Command have just been loaned their third Porsche in as many years.

Queensland police have previously had a fleet of 10 hotted-up Holden Monaros and currently have a fleet of five HSV Clubsport V8 sedans; known as the "Fatal Five" they're used to target trouble spots.

Victoria police have previously had a HSV GTO V8 coupe and once had a turbocharged Falcon ute to line up against hoons at off-street drag races.

Meanwhile, the highway patrol in all states and territories are unsure what will replace their trusty V8 Holden Commodore and turbo Ford Falcon pursuit sedans once Australian car manufacturing ends in 2017.

The Falcon and Commodore are due to be replaced by imported front-wheel-drive four-cylinder and V6 fleet cars similar to the Toyota Camry and Mitsubishi Magna.

High-powered BMWs and Mercedes-Benzes used by German police are deemed too expensive in Australia — costing at least twice as much as a Falcon or Commodore.

It means the highway patrol could end up like real life Mad Max-style cops in Ford Mustangs, which is expected to cost the same as a Ford Falcon V8.

Police in Victoria, NSW and Queensland regularly used V8 coupes — such as Valiant Chargers and Falcon coupes — in the late 1970s.

The only V8 car confirmed for Holden and Ford showrooms so far is the new Mustang. Holden does not yet have a V8 model of any description confirmed beyond 2017.

This reporter is on Twitter: @JoshuaDowling

Upping the ante ... the car has more power than any of the V8 Supercars at this year's Bathurst 1000. Picture: Supplied. Source: Supplied

FAST FACTS: Ford Falcon GT-F: most powerful police car ever

* Supercharged 5.0-litre V8 engine

* Power: 600 kilowatts in modern measurements or 800 horsepower in old-school numbers (up from 351kW or 470hp)

* In modern terms, the Falcon GT-F's power has increased from the standard output of 351kW to 600kW, hence the '600' plaque next to Dick Johnson's name under the bonnet.

* Racing grade Brembo brakes front and rear

* Dunlop high-performance tyres (wider at the rear than at the front to improve grip)

Technology: how fast are you going now?

* On-board tablet computer to check licence status, outstanding warrants, photo ID the driver (mobile fingerprint technology being rolled out)

* Front and rear cameras record non-stop footage to a fireproof and tamperproof safe in the boot

* These two cameras can beam live images to the police operations room to monitor critical incidents (other cars will eventually be upgraded)

* Three automatic numberplate recognition cameras can detect unregistered cars — and cars likely to be driven by wanted or banned drivers — day or night

* Drug testing equipment joins the latest breath test units with GPS so police can track where the high alcohol readings are, and target those areas

* Digital encrypted radio; earlier police radio systems could be heard by scanners bought cheaply at electronics stores, today's radio network is more secure

* Long range radar can detect speeding vehicles up to 1 kilometre away on the open road

* Handheld laser units can pinpoint individual cars in traffic, zooming in on an area the size of a numberplate. The latest laser unit also records vision for evidence in court to prove the police stopped the right car

* New LED blue and red emergency lights are brighter than before and have complete 360 degree coverage to be easier to spot in intersections; more powerful 'take-down' lights beam directly into the back windows of cars stopped by police

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‘I treated Peter Dinklage like s--t’

Game of Thrones star Charles Dance gets inspirational with this epic Rugby World Cup 2015 ad

GAMES of Thrones actor Charles Dance reveals he's got a thing for Khaleesi and reckons his character Tywin Lannister deserved to die on the loo.

You were over here a couple of months ago shooting the Foxtel drama Deadline Gallipoli. How did it go?

Well, we lost. An awful lot of people were killed ... Oh, it was great. While we were of course pretending we were suffering in the heat of Turkey, it was winter in Adelaide. But it's a bloody good story and a very ambitious project. It felt as if it was going to be terrific, so let's hope it will be.

GoT SEASON 5 PREVIEW: Now Sansa is playing Littlefinger

Ulitimate villain ... Charles Dance as Tywin Lannister in the HBO series Game of Thrones.

You're becoming a regular. You were in Melbourne not so long ago making the horror film Patrick ...

Indeed. Then a few years before that I did the Sydney Theatre Festival — Ralph Fiennes and I both did one-man shows. I love Australia, I just wish it wasn't 12,000 miles away from anywhere else (laughs).

Was seeing the world part of the dream when you first got into acting?

Well no, but in 40 years or so of doing it I've seen more of the world than my brother who was in the navy for 25-30 years. If I was to put a little flag in everywhere I've been in the world, there'd be a lot of little flags. It's one of the reasons I very rarely take a holiday because I'm lucky enough in this business to invariably go off to somewhere I've never been before. Although having said that, I'm going to Greece next week purely because I haven't had a lying around in the sun holiday for a very long time.

Does your new film Dracula Untold mark the first vampire you've ever played?

No, it's the second — I did one of the Underworld films a couple of years ago. But I've never done a vampire quite like this: I'm a thousand years old, I've been down in a cave forever. Not a pretty sight!

Horror flick ... Charles Dance's master vampire shows Luke Evans real power in Dracula Untold. Source: Supplied

Does putting on the vampire make-up instantly change the way people react to you?

Yeah, with this particular character they tended to recoil in horror or walk the other way.

What was your co-star Luke Evans' reaction to you basically nuzzling on his neck?

Well, he's great. 'Cos here he is this handsome hunk of a leading man and he's generous to a fault — because I went completely to town, I was chewing up the scenery and being wildly over the top, crawling all over him and licking his neck.

Visiting Oz ... Charles Dance has been filming the Foxtel drama Deadline Gallipoli in Adelaide. Picture: Tricia Watkinson Source: News Corp Australia

Do you recall a monster story that both scared and fascinated you as a child?

Not visually, no. But I'll tell you, there's something I've never forgotten: it was a long time before we had a television in our house, but the wireless was always on and I can remember the voice of an actor I later knew was called Patrick Magee, an Irish actor. I heard this when I was about 11 and I can remember this voice talking about the death of the Marquis de Sade and saying: 'And they tied his arms and legs to four horses and gee'd them up ...' I've never forgotten that horrendous image.

Varied career ... Charles Dance in a scene from the film Swimming Pooll Source: News Limited

You mentioned Luke Evans being the handsome leading man. Was that a position you aspired to when you first stepped in front of a camera?

Oh I just wanted to work, darling! It surprised me when I actually had a brief period of romantic leading man when I did films like White Mischief and a television series called The Jewel in the Crown — it was a long time ago (in the 1980s). But it was never an ambition of mine because I think I've got a quite a peculiar face; there are some angles I should not be photographed from. It is not the ideal face for a romantic leading man. You need to have a face like Luke or Johnny Depp where they look just as good from any angle.

SPOILER ALERT: proceed with caution if you haven't seen all of GoT season 4

Devilishly handsome ... Charles Dance, with Meryl Streep in the 1985 film Plenty, says he never aspired to be a romantic leading man as he had "a peculiar face". Source: News Corp Australia

Your time on Game of Thrones has come to an end. What did you enjoy about playing Tywin Lannister?

Well, that series has become the global phenomenon that it is, one, because of the quality of the writing, and two, because HBO spend money on it so standards are maintained. It looks sensational, there are some breathtaking sequences. And Tywin was a great character to play because although the thing is set in this mythical land, it's nevertheless based on a medieval, feudal society where you did what you had to do to maintain your position in that society — and that's what Tywin Lannister did. But I did spend a lot of time apologising to little Peter Dinklage, who I adore, because I treated him like s--- all the time. Some of the things I said to him were horrendous. But you can't take someone like Tywin Lannister too seriously as an actor; I was always laughing at how horrendously he behaved.

Sorry, son ... Peter Dinklage's character Tyrion Lannister got a raw deal when it came to this tyrannical father. Source: Supplied

When playing a villain, do you as an actor need to have a justification for his bad behaviour?

Absolutely not. A while ago, I did a television adaptation of Bleak House and the character I played, as far as I was concerned, had no redeeming features whatsoever. I wasn't about to try to find any, I didn't need to. He was a complete bastard. That's what I had to do.

So you must have thought it a fitting end for Tywin, sitting on his other throne — the loo?

An ignominious death, yes (laughs). I knew that his demise was coming at some point but I didn't know what it was until somebody in the street told me, actually. I was walking along and this guy came up and he said (adopts cockney accent), 'You're Tywin Lannister! It's great, Game of Thrones! You've got this great death scene'. I said, 'Oh, have I? What is the manner of my death?' And he told me. I thought, 'Oh, right ... OK!' So knew it was coming. I hope it works. I haven't seen it, actually.

Period drama ... Charles Dance with James D'Arcy in the BBC series Nicholas Nickleby. Source: News Corp Australia

Do you see much of your work once you leave the set?

Sometimes. I don't like watching television too much; it tires me out for some reason. But I saw a fair bit of Game of Thrones because it was so good. I mostly watched episodes that I wasn't in. The plots were so labyrinth-like it would take me hours to read them, so I'd just wait until it eventually came on television and I could sit and watch it and find out what's going on on the other side of the Seven Kingdoms or what the Mother of Dragons is up to. That's a great storyline, actually, that whole dragon thing is fantastic.

Director's chair ... Judi Dench with Charles Dance on the set of Ladies in Lavender. Source: News Corp Australia

It has been 10 years since you wrote and directed Ladies in Lavender, with the wonderful Judi Dench and Maggie Smith. Are you likely to direct a film again?

Well, I've written something else that I'm trying to raise money for at the moment. I don't care whose money it is, as long as they give it to me. I'm getting close to it but you can never tell until you're actually on the set that the thing is going to go. But, oh yes, I fully intend to.

Dracula Untold opens today

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Woman drowns in vat of wine

Tragic ... police said Nerea Perez fell into a vat of wine and died. Picture: Supplied Source: Supplied

A SOMMELIER has fallen into a vat of wine and drowned after being overcome by the fumes.

Nerea Perez, 25, was found floating face down in the barrel at a cellar in Salas de los Barrios, in Spain's northwest, according to local reports.

Police said Perez fainted while inspecting the wine vat and suffocated after falling in. The wine specialist could not be resuscitated.

She was found unconscious by her uncle, Raul Perez, one of Bierzo's most highly regarded winemakers.

The Drinks Business reports Perez had worked at the two years after graduating from Coruña University in Chemistry and the Environment in 2012.

It has also emerged that the young woman was a prominent socialist involved in political campaigning in the region.

Wine specialists say carbon dioxide poisoning during winemaking can easily occur if precautions are not taken.

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Who will be the big ARIAs star?

Iggy Azalea is likely to feature in the nominations for the 2014 ARIA Awards. (Photo by Kevin Winter/Getty Images for iHeartMedia) Source: Getty Images

COULD the ARIA Awards have shifted to a Wednesday night to accommodate a special guest appearance by Katy Perry?

The American superstar has a night off in Sydney during her epic Prismatic tour and loves an awards ceremony.

ARIA bosses confirmed today the awards will return to The Star Event Centre and be held on November 26.

And now the record labels begin the intense lobbying to get their acts on to the stage not only as nominees but performers.

There will be a massive push to bring home some of the Australian acts who have taken the world by storm in the past 12 months including Sia, Iggy Azalea and 5 Seconds Of Summer.

Fans will be hoping to see 5 Seconds Of Summer on the ARIA Awards red carpet. (Photo by Andrew Estey/Invision/AP) Source: AP

Electronic soul man Chet Faker, who has spent most of the year touring the world, has confirmed he has booked the ARIAs into his November calendar.

It has been a strong year for emerging local talent on the ARIA charts with Justice Crew and Sheppard among those storming to No.1 on the singles charts.

Chet Faker will interrupt his international touring to celebrate his homegrown success. Picture: Nicole Cleary Source: News Limited

Faker, Hilltop Hoods, Jimmy Barnes, Vance Joy, Amity Affliction, Taylor Henderson and Angus and Julia Stone are among the Australian artists to top the album charts this year.

Music fans will again decide who will win Song Of The Year, Best International Artist — which Perry would be a strong contender to win — Best Australian live Act and Best Video. Voting for those awards and the nominees for the other categories will be announced on October 7.

It will be broadcast on Channel Ten.

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Dog chucks a tanty like a toddler

Puppy dog eyes ... this German Shepherd had a (hysterical) hissy fit when her owner tried to coax her out of the water. Picture: Laura Gibbs via YouTube Source: Supplied

WE'VE all seen extreme toddler temper tantrums — but this German Shepherd takes throwing a fit to a new level.

Bella the German Shepherd was having a tonne of fun playing in the water — until her owner told her it was time to go.

That's when the big dog turned into a big kid: howling, yelping and swimming further out into the lake.

And it seems Bella's little hissy fit worked for her.

Theatrical performance ... Bella refused to leave the lake despite her owner's gentle calls. Picture: Laura Gibbs via YouTube Source: Supplied

I can't hear you! ... Bella the German Shepherd yelped and continued swimming, ignoring her owner's calls. Picture: Laura Gibbs via YouTbube Source: Supplied

"She got to keep swimming after her wonderful theatrical performance," Laura Gibbs, who posted the video to YouTube in April, wrote.

"No dogs' hearts were actually broken in the making of this video."

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Terror group ‘kills French hostage’

Killed ... An image grim a video by group Jund al-Khilafah, or Soldiers of the Caliphate, shows hostage Herve Gourdel appealing to French President Francois Hollande to help free him. Picture: AP Source: AP

A TERRORISM watchdog says Algerian extremists allied with the Islamic State group have killed French hostage Herve Gourdel.

A group calling itself Jund al-Khilafah said after abducting Gourdel on Sunday that he would be killed within 24 hours unless France ended its air strikes against Islamic State group fighters in Iraq.

The French government has insisted it will not back down.

US terrorism watchdog SITE Intelligence Group says Jund al-Khilafah released a video online on Wednesday saying Gourdel had been killed.

He was a 55-year-old mountaineering guide from Nice.

The French government would not immediately comment.

Mountain guide ... Herve Gourdel, 55, has reportedly been killed after he was kidnapped on September 21, by Jund al-Khilifa, a group linked to radical Islamic State (IS) militants in the mountainous of Algeria. Picture: AFP/HO Source: AFP

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