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Home>SEC Report Into May 6 “Flash Crash” Shows The System Creaking

SEC Report Into May 6 “Flash Crash” Shows The System Creaking

Perspectives Content Submission

Thu, 7 Oct 2010

So now we know that the “Flash Crash” of May 6, when the S&P plunged almost 1000 points in a few minutes was not caused by a “fat finger” error after all. A fat finger error, we should explain, is where a trader means to sell, say, one billion shares and keys one too many zeros before hitting the “
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