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Major market fat fingers and flash crashes

Posted: Wed Jul 19, 2017 11:00 pm
by mlawson71
In the light of the more recent flash crashes of the silver and gold, the ethereum and the major plunge of the GBP in the autumn of 2016, it’s good to have a look at the flash crashes from recent years, caused by random “fat fingers”, or by deliberate actions. Some had a major impact on the markets, while others were plain stupid.

Re: Major market fat fingers and flash crashes

Posted: Wed Aug 09, 2017 8:27 pm
by LazarR
mlawson71 wrote: Wed Jul 19, 2017 11:00 pm In the light of the more recent flash crashes of the silver and gold, the ethereum and the major plunge of the GBP in the autumn of 2016, it’s good to have a look at the flash crashes from recent years, caused by random “fat fingers”, or by deliberate actions. Some had a major impact on the markets, while others were plain stupid.
I remember the Perkins affair, it was huge :D I don’t think that was only "good man who did a stupid thing" – there are always additional plans and thoughts :D Anyway they could not reverse the action.