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The May 6, 2010, flash crash, [1] [2] [3] also known as the crash of 2:45 or simply the flash crash, was a United States trillion-dollar [4] flash crash (a type of stock market crash) which started at 2:32 p.m. EDT and lasted for approximately 36 minutes.
Remember the flash crash? That was the 20 minutes on May 6, 2010 when the Dow lost almost 1,000 points before partially recovering. Most investors have forgotten about it.
Examples of flash crashes that have occurred: May 6, 2010, flash crash; April 23, 2013, flash crash; Frankenshock, [3] or Flash Crash Swiss Franc on January 15, 2015 [4] Flash Crash of the British Pound on October 6, 2016 [5] Flash Crash of Japanese Yen on January 2, 2019 [6] [7] Flash Crash of European Stock Markets on May 2, 2022. [8] [9]
Regulators claim these practices contributed to volatility in the May 6, 2010, Flash Crash [62] and find that risk controls are much less stringent for faster trades. [ 14 ] Members of the financial industry generally claim high-frequency trading substantially improves market liquidity, [ 10 ] narrows bid–offer spread , lowers volatility and ...
The "flash crash" of May 6 was a day of reckoning of sorts for investors in exchange-traded funds. "ETFs are relatively new, and not as simple and straightforward as we have been lulled to believe ...
However, according to Arnuk, those won't prevent the next flash crash unless the SEC coordinates the different exchanges to make sure that they all use the same circuit-breaking procedures.
The 2010 Flash Crash [30] was a United States trillion-dollar [3] stock market crash, [31]: 1 in which the "S&P 500, the Nasdaq 100, and the Russell 2000 collapsed and rebounded with extraordinary velocity."
In 2010, when the Dow Jones Industrial Average suddenly dropped 600 points and then just as quickly recovered -- the so-called "flash crash"-- high-frequency trading, or HFT, became the new ...