-
Trader arrested in connection with 'Flash Crash' made $862,000 in a day from mum's sofa
Navinder Singh Sarao, a 36-year-old British trader, was arrested Tuesday in connection with the "Flash Crash" in 2010. The sudden slump in share prices wiped about 9% off the Dow on May 6, 2010, worth around $1 trillion (£669 million) in value. Sarao was reportedly running the operation from his parents' house in Hounslow, west London. US authorities have for some time believed that the crash was the result of market manipulation, but they were unable to peg it to a source until now. Sarao is accused of placing enormously large sell orders for "E-Minis" (US stock futures) to create the appearance of a large supply to ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 22, 2015 5:53am Apr 22, 2015 5:53am
- naigoreip
- | Joined Jan 2011 | Status: Member | 161 Comments
- Comment #2
- Quote
- Apr 22, 2015 5:55am Apr 22, 2015 5:55am
- cliffedwards
- | Membership Revoked | Joined May 2006 | 3078 Comments
- Comment #3
- Quote
- Apr 22, 2015 5:59am Apr 22, 2015 5:59am
- dsb104
- | Joined Oct 2006 | Status: Member | 30 Comments
Forex rules
- Comment #4
- Quote
- Edited 7:16am Apr 22, 2015 6:14am | Edited 7:16am
- grin
- | Joined Apr 2012 | Status: Member | 59 Comments
- Comment #5
- Quote
- Apr 22, 2015 6:33am Apr 22, 2015 6:33am
- Taffy
- | Joined Apr 2014 | Status: Member | 353 Comments
- Comment #6
- Quote
- Apr 22, 2015 6:35am Apr 22, 2015 6:35am
- FxJunky
- | Membership Revoked | Joined Apr 2008 | 122 Comments
- Comment #7
- Quote
- Apr 22, 2015 6:45am Apr 22, 2015 6:45am
- jegas
- Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
- Comment #8
- Quote
- Apr 22, 2015 6:53am Apr 22, 2015 6:53am
- disker23
- | Joined Dec 2014 | Status: Member | 10 Comments
- Comment #9
- Quote
- Apr 22, 2015 7:00am Apr 22, 2015 7:00am
- Guest
- | IP XXX.XX.234.0
- Comment #10
- Quote
- Apr 22, 2015 7:03am Apr 22, 2015 7:03am
- positiveday
- | Joined Feb 2010 | Status: Member | 25 Comments
- Comment #11
- Quote
- Apr 22, 2015 7:03am Apr 22, 2015 7:03am
- johnvr
- | Joined Jan 2010 | Status: Member | 91 Comments
- Comment #12
- Quote
- Edited 7:22am Apr 22, 2015 7:12am | Edited 7:22am
- fransiscus
- | Joined Oct 2013 | Status: Member | 13 Comments
- Comment #13
- Quote
- Apr 22, 2015 7:55am Apr 22, 2015 7:55am
- nevesh
- | Joined Dec 2014 | Status: Member | 3 Comments
- Comment #14
- Quote
- Apr 22, 2015 8:05am Apr 22, 2015 8:05am
- Guest
- | IP XXX.XXX.125.204
- Comment #15
- Quote
- Apr 22, 2015 8:07am Apr 22, 2015 8:07am
- Guest
- | IP XX.XXX.200.43
- Comment #16
- Quote
- Apr 22, 2015 10:35am Apr 22, 2015 10:35am
- Shabs19
- Joined Aug 2006 | Status: Member | 9 Comments
The Only Limit, is the One that you Set Yourself - Felix Baumgartner
- Comment #17
- Quote
- Apr 22, 2015 10:59am Apr 22, 2015 10:59am
- Idoscon
- | Membership Revoked | Joined Jan 2013 | 691 Comments
- Comment #18
- Quote
- Apr 22, 2015 11:00am Apr 22, 2015 11:00am
- lakhan
- | Joined Jun 2013 | Status: Member | 61 Comments
- Comment #19
- Quote
- Apr 22, 2015 11:08am Apr 22, 2015 11:08am
- grin
- | Joined Apr 2012 | Status: Member | 59 Comments
- Comment #20
- Quote
- Apr 22, 2015 11:08am Apr 22, 2015 11:08am
- Ever E. Man
- Joined Feb 2012 | Status: Grand Ultimate | 455 Comments
The mind thinks, the heart knows...
- Comment #21
- Quote
- Apr 22, 2015 2:32pm Apr 22, 2015 2:32pm
- Anusragger
- | Joined Nov 2012 | Status: No Impact Member (bottom 1%) | 8 Comments
- Comment #22
- Quote
- Apr 22, 2015 4:16pm Apr 22, 2015 4:16pm
- FunkThatPunk
- | Commercial Member | Joined Apr 2015 | 1 Comment
- Comment #23
- Quote
- Apr 22, 2015 6:41pm Apr 22, 2015 6:41pm
- grin
- | Joined Apr 2012 | Status: Member | 59 Comments
- Comment #24
- Quote
- Apr 22, 2015 7:16pm Apr 22, 2015 7:16pm
- Guest
- | IP XX.XX.215.129
- Comment #25
- Quote
- Apr 22, 2015 8:12pm Apr 22, 2015 8:12pm
- Taffy
- | Joined Apr 2014 | Status: Member | 353 Comments
- Comment #26
- Quote
- Apr 23, 2015 3:04am Apr 23, 2015 3:04am
- BeLikeWater
- | Commercial Member | Joined Jan 2010 | 84 Comments
Greetings, BeLikewater