Home » MBJ FEATURE » UM Professor: May 6 ‘flash crash’ resembles a shorting scheme

UM Professor: May 6 ‘flash crash’ resembles a shorting scheme

Sell off widely blamed on automated trading but has suspicious elements, Ole Miss researcher says That May 6 nightmare on Wall Street that saw stock prices plummet in a sell-off frenzy is often recalled as the day the machines took over and drained the market of $800 billion in value in a 30-minute span. But the machines ...

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