The Traderszone Network

Published in TZ Latest News 7 September, 2015 by The TZ Newswire Staff

Flash Crash Trader E-Mails Show Spoofing Strategy, U.S. Says

The British day trader accused of contributing to the 2010 flash crash enlisted a computer programmer to help him work out a system to manipulate stock prices, e-mailing pleas for help perfecting his “spoofing” efforts, U.S. prosecutors said in an indictment.