WebMay 3, 2024 · A brief-but-steep drop in European stocks on Monday was triggered by a Citigroup trader’s input error, the banking giant said. The so-called Flash Crash, which tanked the Stockholm benchmark ... Web哪里可以找行业研究报告?三个皮匠报告网的最新栏目每日会更新大量报告,包括行业研究报告、市场调研报告、行业分析报告、外文报告、会议报告、招股书、白皮书、世界500强企业分析报告以及券商报告等内容的更新,通过最新栏目,大家可以快速找到自己想要的内容。
Flash crash set off by ‘fat-fingered’ Citigroup trader could cost $50m
WebNot even an upset employee. If Citigroup can crash a market at 8% and buy back into it. They effectively just caused an 8% ROI in one day. Call it fat finger, fire a low level employee who cares. Example. In anticipated positive earnings they could drop a stock another 8% let’s say, triggering stop losses and buy back in and say oops my bad?!? WebMay 3, 2024 · Citigroup has admitted that its London trading desk was behind a “flash crash” that sent shares across Europe tumbling on Monday. The Wall Street giant said … durban floods 2019 articles pdf
Flash crash: Europe’s stock market fall triggered by Citi …
WebMay 3, 2024 · * An erroneous sell order by Citigroup Inc. caused major stock indexes in Europe to plunge in a so-called flash crash that heavily affected Nordic markets, sources told Reuters. Nasdaq said a single sell-side order caused the drop, according to the news outlet, while a separate report by The Wall Street Journal citing a Citi representative said ... WebMay 2, 2024 · LONDON (Reuters) -The sudden fall in European shares driven by a brief crash in Nordic markets was caused by a single sell order trade by Citigroup Inc, people familiar with the matter told Reuters, and confirmed by Citi. The flash-crash, which caused European shares to suddenly fall on a day of holiday-thinned trading activity, involved an … WebMay 3, 2024 · CITIGROUP said its London trading desk was behind a flash crash in Europe, which had sent shares across the continent tumbling after a sudden 8 per cent decline in Swedish stocks. Read more at The Business Times. durban eastern cape