The Indian Stock Market saw a Fat Finger trade which caused a massive 15% flash crash in India’s bench market stock index Nifty for a few minutes before the markets recovered. In an incident very similar to that caused by Knight Capital, a trader at Indian broker Emkay Global endangered the very existence of his […]
SEC as is the case with most regulatory agencies, is trying to create more rules to prevent the 1000 point crash that happened on Thursday.From the bureaucrat’s point of view it makes sense .You create more rules which implies a bigger turf for you to play on. They have not figured out what caused the […]