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Sweden , Tuesday 02 June 2026

Citi admits a trader error sparked a 'flash crash' that sent Swedish stocks plunging 8% and European shares tumbling

Published on: Monday 02 May 2022

Citi admits a trader error sparked a 'flash crash' that sent Swedish stocks plunging 8% and European shares tumbling Sweden's benchmark OMX 30 stock index crashed ... The term "flash crash" entered the financial markets lexicon in 2010 when major US stock indices plummeted before rebounding rapidly.


News source: https://www.msn.com/en-us/finance/markets/citi-admits-a-trader-error-sparked-a-flash-crash-that-sent-swedish-stocks-plunging-8-25-and-european-shares-tumbling/ar-AAWRpE3

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