Fri. Nov 29th, 2024

Tag: Economics

TIL the 2010 Flash Crash, during which the US stock market temporarily lost $1 trillion in value, was partly caused by Navinder Sarao, an autistic man living in his parents’ London home. In a span of 5 years, Sarao made a profit of $40 million by tricking high frequency traders with custom software.

Breaking News: Flash Crash Mastermind Revealed – Autistic Trader’s Secret Strategy Exposed Stock Market Shockwaves: 2010 Flash Crash, Caused by Unlikely Culprit LONDON – 10TH ANNIVERSARY EDITION In a stunning…