Flash crash crime
 

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[Closed] Flash crash crime

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Posts: 293
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http://www.bbc.co.uk/news/business-37932250

How much could he have made from this? he is paying 10.5 million back

Seems a bit odd really


 
Posted : 10/11/2016 1:21 pm
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How much could he have made from this?

I'm going to have a guess at considerably more than £10m

I suspect the true amount is squirrelled away in a Panamanian bank or similar.


 
Posted : 10/11/2016 1:26 pm
Posts: 293
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http://www.bbc.co.uk/news/business-35863848

some more info, what a fascinating case.


 
Posted : 10/11/2016 1:38 pm
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I would have been untouchably rich had I had his abilities.


 
Posted : 10/11/2016 2:10 pm
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Another US extradition stitch-up, then. They couldn't ship him over to face charges over what he actually did (it's not a crime in the UK), so just make something up.

Couple of points - you would have thought that that kind of trading pattern with thousands of withdrawn sell orders from a single account every day should have triggered some kind of interest a bit more quickly.

And if can do it from a semi in Hounslow without even having to visit the place once, what's stopping someone in Russia or China pulling an even more spectacular version of the same trick on these markets?


 
Posted : 10/11/2016 2:21 pm
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^^ nothing, this kinda trading goes on all the time all be it at much lower levels.


 
Posted : 10/11/2016 2:47 pm

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