The Traderszone Network

Published in TZ Latest News 22 April, 2015 by The TZ Newswire Staff

‘Flash crash’ trader’s alleged fraud a common market occurrence

The market manipulation case against the British day trader U.S. authorities say helped spur the May 2010 “flash crash” may be the most high-profile to date, but the type of activity he is accused of is actually quite common, market participants say. Navinder Singh Sarao was charged on Tuesday with allegedly using a computer trading program to generate large sell orders that pushed down prices.

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