Tag Archives: Market

One trader led to May 6 market plunge

One trader led to May 6 market plunge A trading firm’s use of a computer sell order triggered the May 6 market plunge Read more on BigPond News

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SEC: Big trade caused market plunge in May

SEC: Big trade caused market plunge in May A single $4.1 billion trade carried out by computer-based sell order triggered the May 6 “flash crash” that shaved nearly 1,000 points off the Dow within a half hour, report says. Originally … Continue reading

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Flash Crash Report: Market ‘Internalizers’ Pressured Exchanges

Flash Crash Report: Market ‘Internalizers’ Pressured Exchanges (Adds reaction from a market maker in the sixth and seventh graphs.) Market participants that usually trade away from the stock exchanges were forced onto them on May 6, adding further pressure during … Continue reading

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One large trader led to May 6 stock market plunge

One large trader led to May 6 stock market plunge Gov’t report finds one large trader triggered May 6 stock market plunge with computer trade Read more on Bay News 9 Tampa Bay

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