Sunday, 10 May 2015

Flash Crash fades, but 3 threats remain

From USA Today Money –

“Where were you five years ago, today (May6, 2010)? If you had your head in your hands for 36 painful minutes, you were probably investing in the stock market.

It’s been five years since the Flash Crash rocked U.S. markets, sending the Dow Jones industrial average down roughly 1,000 points, or 9%, in just minutes. Despite years of hand-wringing and even a court hearing with a trader accused of being involved, little has been determined about what caused this infamous short-circuiting of the markets.”

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