Citigroup says trader made error behind ‘flash crash’ in Europe

United States News News

Citigroup says trader made error behind ‘flash crash’ in Europe
United States Latest News,United States Headlines
  • 📰 Guardian news
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 68%

Inputting mistake led to suspension of trading on several markets after sudden steep falls

“This morning one of our traders made an error when inputting a transaction,” the New York-based bank said in a statement on Monday night. “Within minutes, we identified the error and corrected it.”Flash crashes, or brief price collapses, can be caused by human error.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Guardian news /  🏆 28. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brooklyn Beckham and wife Nicola give a flash of their wedding bandsBrooklyn Beckham and wife Nicola give a flash of their wedding bandsThe son of David and Victoria Beckham , 23, and his actress wife, 27, gave a flash of their lavish wedding rings as they put on a loved-up display on Friday.
Read more »

Brooklyn Beckham and wife Nicola give a flash of their wedding bandsBrooklyn Beckham and wife Nicola give a flash of their wedding bandsThe son of David and Victoria Beckham , 23, and his actress wife, 27, gave a flash of their lavish wedding rings as they put on a loved-up display on Friday.
Read more »

Bank of England ‘duty bound’ to trigger recession to curb inflationBank of England ‘duty bound’ to trigger recession to curb inflationEx-official says policymakers must shrink the UK economy to limit upward pressure on prices made worse by Brexit
Read more »

Bank of England ‘duty bound’ to trigger recession to curb inflationBank of England ‘duty bound’ to trigger recession to curb inflationEx-official says policymakers must shrink the UK economy to limit upward pressure on prices made worse by Brexit
Read more »

Ukrainian refugee arrives at friend's flag-painted house in CambridgeUkrainian refugee arrives at friend's flag-painted house in CambridgeRend Platings says she is 'really relieved' that her friend from Kyiv has made it to the UK safely.
Read more »



Render Time: 2025-03-02 23:45:37