"One of our traders made a mistake while setting up a transaction" (ANSA) Citi admitted that the flash crash that yesterday sank the Stockholm Stock Exchange by 8%, frightening all the lists of the Old Continent for a few minutes, is attributable to one of its trading desks. "One of our traders made a mistake while he was setting up a trade," Citi said in a statement reported by Bloomberg. "Within minutes we identified the error and corrected it."
Citi admitted that the flash crash that yesterday sank the Stockholm Stock Exchange by 8%, frightening all the lists of the Old Continent for a few minutes, is attributable to one of its trading desks.
"One of our traders made a mistake while he was setting up a trade," Citi said in a statement reported by Bloomberg.
"Within minutes we identified the error and corrected it."