IPFS News Link • Economy - Economics USA
One large trader led to May 6 stock market plunge
• APA single trader executing an
unusually large and fast sale using a complex computer algorithm
triggered the so-called flash crash that sent the Dow Jones stock index
plummeting nearly 998 points in a matter of minutes on May 6, a new
report from two regulators said Friday.
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http://www.reuters.com/article/idUSTRE68T6BP20101001