C Jun 2024 40.000 put
- Bloomberg
Citi Trader Got 711 Warning Messages Before Sparking Flash Crash
(Bloomberg) -- For one Citigroup Inc. trader in London, the morning of May 2, 2022 went from bad to worse. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorIt was a public holiday in the UK, so it should have been a quiet day in the markets. A little before 9 a.m.
- The Telegraph
Citi fined £62m after ‘fat finger’ trade triggered £1.1bn share sale
Citi has been fined £62m by UK regulators after a “fat finger” trade triggered a flash crash on the European stock market.
- CNN Business
Citi just got the bill for its $189 billion trading mess-up
UK regulators slapped a combined £62 million ($79 million) fine on Citigroup Wednesday for failures in its trading systems that almost resulted in stocks worth $189 billion being dumped onto European markets.
