LONDON (Reuters) - The British trader fighting extradition to the United States on charges of having contributed to the 2010 'flash crash' on Wall Street told a London court on Wednesday he had done nothing wrong and was just good at his job.

BING NEWS:
  • A $444 Billion ‘Fat Finger’ Trade Crashed Stocks. Now Citigroup Is Paying the Price.
    Citigroup agreed to pay U.K. regulators $78 million, after a botched 2022 order to sell shares caused a brief “flash crash” in European stocks.
    05/22/2024 - 6:32 pm | View Link
  • UK Fines US Bank Citigroup Over European 'Flash Crash'
    British financial regulators Wednesday fined US bank Citigroup for failures in its trading controls after a "flash crash" incident in 2022 that saw huge selling of shares in Europe.
    05/22/2024 - 5:18 am | View Link
  • Citi fined $78 million after a European trader's fat-finger trade caused a flash crash in stocks
    "The immediate cause of the trading error was a manual input error by the trader. The error was then not identified by either of the firm's risk functions dedicated to real-time monitoring of the firm ...
    05/22/2024 - 4:41 am | View Link
  • Citi fined $78.4M over 2022 flash crash error
    A Citi trader had meant to sell a basket of equities at $58 million but mistakenly created a $444 billion basket, regulators said. About $189 billion of the trade went on the market.
    05/22/2024 - 2:47 am | View Link
  • Pune: After crash leaves two dead, court tells accused minor to write essay as bail condition
    A 17-year-old boy who killed two people by allegedly driving his car over their motorcycle in Pune on Sunday, was granted bail on the condition that he writes an essay on the crash and works with ...
    05/20/2024 - 4:10 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News