The fat fingers thread
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- Posts: 1049
- Joined: Thu Oct 24, 2019 8:25 am
Happens on the greyhounds too. 

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...almost like a Navinder Singh Sarao flash crash some of those Peter
https://www.bbc.co.uk/news/explainers-51265169
https://en.wikipedia.org/wiki/2010_flash_crash
https://www.theworldweekly.com/reader/v ... lash-crash
https://contrarianinvestor.net/posts/20 ... washington
I'd be interested in hearing others view on the above flash crash. In my opinion Navinder Singh Sarao did nothing wrong - in fact if he managed to get automated bots to crash the price and he was able to exploit the crash by buying at a low price and selling a few minutes later at a much higher price, well done that man - I say fair play to him. All prices are artificial and manipulated anyway, so who knows what the 'correct' price of any stock really is.
https://www.bbc.co.uk/news/explainers-51265169
https://en.wikipedia.org/wiki/2010_flash_crash
https://www.theworldweekly.com/reader/v ... lash-crash
https://contrarianinvestor.net/posts/20 ... washington
I'd be interested in hearing others view on the above flash crash. In my opinion Navinder Singh Sarao did nothing wrong - in fact if he managed to get automated bots to crash the price and he was able to exploit the crash by buying at a low price and selling a few minutes later at a much higher price, well done that man - I say fair play to him. All prices are artificial and manipulated anyway, so who knows what the 'correct' price of any stock really is.
The book is a good read / listen if you have done that yet.