April 22, 2015 BY LeapRate Staff
CME Group: Futures market didn't cause 2010 Flash Crash... we think
CME Group Inc (NASDAQ:CME), the world's largest derivatives marketplace, has put out an interesting statement in light of the prosecution and possible extradition of Navinder Singh Sarao to the US. The CME has long maintained that the cause of the 2010 'Flash Crash', which on May 6 of that year saw the Dow Jones Industrial Average…
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