The Traderszone Network

Published in TZ Latest News 6 December, 2016 by The TZ Newswire Staff

Citigroup trader in the frame for accelerating the GBP flash crash in October

FT with an article on the GBP flash-crash investigation 7 Dec
The UK investigation into October’s “flash crash” in sterling has focused heavily on the Japanese trading operations of Citigroup, which fired off repeated sell orders that exacerbated the pound’s fall, according to bankers and officials involved in the inquiry.