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In April 2015, Navinder Singh Sarao, an autistic [64] [65] London-based point-and-click trader, [66] was arrested for his alleged role in the flash crash. According to criminal charges brought by the United States Department of Justice , Sarao allegedly used an automated program to generate large sell orders, pushing down prices, which he then ...
The mechanism causing the event has been heavily researched and is in dispute. On April 21, 2015, the U.S. Department of Justice laid "22 criminal counts, including fraud and market manipulation" against Navinder Singh Sarao, a trader. Among the charges included was the use of spoofing algorithms. [10]
In the U.S. Department of Justice April 21, 2015 complaint of market manipulation and fraud laid against Navinder Singh Sarao, [20] — dubbed the Hounslow day-trader [21] — appeared "to have used this 188-and-289-lot spoofing technique in certain instances to intensify the manipulative effects of his dynamic layering technique...The purpose ...
Sarao is a surname. Notable people with the name include: Leonardo S. Sarao (1921–2001), Filipino automotive businessman Sarao Motors, Filipino automotive manufacturing company; Manuel Sarao (born 1989), Italian footballer; Navinder Sarao (born 1978), British stock trader and manipulator
2 Navinder Singh Sarao? 2 comments. 3 Definition doesn't apply to currencies. 1 comment. 4 August 24, 2015. 1 comment. Toggle the table of contents. Talk: Flash crash ...
The U.S. Justice Department has charged Navinder Singh Sarao with commodities fraud and related offenses, alleging that he played a part in the flash crash of May 2010. (Reuters) Death of Freddie Gray
Navinder Singh Sarao; T. John Templeton This page was last edited on 6 March 2017, at 20:27 (UTC). Text is available under the Creative Commons Attribution ...
This page was last edited on 8 February 2025, at 03:06 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.