Monday’s flash crash in European stocks highlights risks from algo trades

May 04, 2022 8:49 AM

LONDON (BLOOMBERG, REUTERS) – A rare flash crash in European stocks on Monday (May 2) was caused by a Citigroup trader and highlights the risks from computer-initiated sell orders exacerbating a single human error.

Source : https://www.straitstimes.com/business/companies-markets/mondays-flash-crash-in-european-stocks-highlights-risks-from-algo-trades