Earlier this week a trader was arrested in London and accused of “spoofing.” What’s spoofing and what does it have to do 2010 flash crash? Bloomberg View’s Matt Levine explains
How ‘Spoofing’ Might Have Crashed the Market
The futures trader arrested for alleged manipulation tied to the 2010 flash crash enters a London court today to face extradition to the United States. Bloomberg’s Ryan Chilcote provides background on the accused trader.
Who Is Alleged Flash Crash Trader Navinder Singh Sarao?
Navinder Singh Sarao, 36, appeared in London court the day after his arrest by British police after being charged in Chicago with 22 criminal counts including fraud and market manipulation. Themis Trading Partner Joe Saluzzi and Bloomberg’s Suzi Ring speak on “In The Loop.”
2010 Flash Crash Case Very Troubling: Joe Saluzzi