LeapRate

May 14, 2015 BY Andrew Saks-McLeod

Flash crash trader made £27 million by spoofing - now the taxpayer will pick up his legal bill

Navinder Singh Sarao made £27 million by using spoofing and layering techniques whilst executing orders on North American electronic venues, all from his innocuous home in Hounslow. Now, the British government has granted him legal aid - funded by the taxpayer - to fight his legal battle

April 24, 2015 BY Andrew Saks-McLeod

The latency question: Did flash crash trader have split second advantages due to his location?

Does distance really affect trading ability? Opinion shows that Navinder Singh Sarao may have been able to gain a £27 million advantage whilst disrupting North American markets, due to the proximity of his home in Hounslow to the LD4 and LD2 servers, allowing him a massive advantage

April 22, 2015 BY Andrew Saks-McLeod

Could one man cause 2010 flash crash from his living room in Hounslow?

From his innocuous semi-detached house in Hounslow, West London, Navinder Singh Sarao is alleged to have raked in £27 million by spoofing and layering, and being a major contributor to the 2010 flash crash. He now awaits extradition to the United States to face trial

Tag: hounslow

Flash crash trader made £27 million by spoofing - now the taxpayer will pick up his legal bill

The latency question: Did flash crash trader have split second advantages due to his location?

Could one man cause 2010 flash crash from his living room in Hounslow?

Broadridge Completes Kyndryl SIS Takeover

Cboe Launches New Timestamping Service

Wise Expands Reach with Direct Access to Philippines’ InstaPay

Alpha Group Confirms Jayne-Anne Gadhia Succeeds Clive Kahn as Non-Executive Chairman

Hargreaves Lansdown Acquisition Approved by Turkish Competition Board