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Stock Exchange: Citi admits the mistake that triggered the flash crash

2022-05-03T10:01:25.648Z


"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."


Source: ansa

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