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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]
It merged with the New York Stock Exchange in 2006 and now operates as a subsidiary of the NYSE Group, Inc. [2] [3] It is headquartered in Chicago. [3] Early reports indicated that NYSE Arca may have played a role in the 2010 Flash Crash. [4] [needs update]
The Kennedy Slide of 1962, also known as the Flash Crash of 1962, is the term given to the stock market decline from December 1961 to June 1962 during the Presidential term of John F. Kennedy. After the market experienced decades of growth since the Wall Street Crash of 1929 , the stock market peaked during the end of 1961 and plummeted during ...
The motorist, who was the sole occupant of the vehicle, was pronounced dead at the scene of the crash, reported about 4:25 a.m., poli Motorist dies in fiery crash when vehicle plows into suburban ...
Albama authorities are searching for a 1-year-old boy whose months-long disappearance only came to light after members of his family were killed in a car crash. Kahleb Rowan Collins, 1, was last ...
However, after almost five months of investigations, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint report identifying the cause that set off the sequence of events leading to the Flash Crash [79] and concluding that the actions of high-frequency trading firms contributed to ...