Flash Crash by Liam Vaughan
A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History
In this gripping narrative, the book delves into the dramatic events of May 6, 2010, when the U.S. stock market experienced a sudden and unprecedented plunge, wiping out nearly a trillion dollars in value within minutes. The story unravels the intricate web of high-frequency trading, regulatory oversight, and the actions of a lone trader, Navinder Singh Sarao, whose unconventional strategies and use of algorithmic trading contributed to the chaos. Through meticulous research and compelling storytelling, the book explores the vulnerabilities of the financial system and raises questions about the balance between innovation and regulation in modern markets.
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- Published
- 2020
- Nationality
- British
- Length
- Medium
- Pages
- 256
- Original Language
- English
- Avg User Rating
-
(4.0)
- Alternate Titles
- None
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