Citi Trader's Error Wiped Out $315 Billion From Europe Stocks In Minutes - NDTV Profit


5/2/2022 12:00:00 AM3 yearsago

Citigroup Inc. said its London trading desk was behind a flash crash in Europe, which had sent shares across the continent tumbling after a sudden 8% decline in Swedish stocks.

Citigroup is in talks with regulators and exchanges about the incident. Citigroup Inc. said its London trading desk was behind a flash crash in Europe, which had sent shares across the continent tum… [+1630 chars]

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