LEADER 00000pam 2200349 i 4500 003 DLC 005 20200612131826.2 008 200212s2020 nyu 000 0deng 010 2020005099 020 9780385543651|q(hardcover) 020 9780525562467|q(trade paperback) 040 DLC|beng|erda|cDLC|dIMmBT|dUtOrBLW 042 pcc 043 n-us--- 092 332.642092|bVAU 100 1 Vaughan, Liam,|d1979-|eauthor. 245 10 Flash crash :|ba trading savant, a global manhunt, and the most mysterious market crash in history /|cLiam Vaughan. 250 First edition. 264 1 New York :|bDoubleday,|c[2020] 300 x, 255 pages ;|c25 cm 336 text|btxt|2rdacontent 337 unmediated|bn|2rdamedia 338 volume|bnc|2rdacarrier 520 "The riveting story of a trading prodigy who amassed $70 million from his childhood bedroom--until the US government accused him of helping trigger an unprecedented market collapse On May 6, 2010, financial markets around the world tumbled simultaneously and without warning. In the span of five minutes, a trillion dollars of valuation was lost. The Flash Crash, as it became known, represented the fastest drop in market history. When share values rebounded less than half an hour later, experts around the globe were left perplexed. What had they just witnessed? Navinder Singh Sarao hardly seemed like a man who would shake the world's financial markets to their core. Raised in a working-class neighborhood in West London, Nav was a preternaturally gifted trader who played the markets like a computer game. By the age of thirty, he had left behind London's "trading arcades," working instead out of his childhood home. For years the money poured in. But when lightning-fast electronic traders infiltrated markets and started eating into his profits, Nav built a system of his own to fight back. It worked--until 2015, when the FBI arrived at his door. Depending on whom you ask, Sarao was a scourge, a symbol of a financial system run horribly amok, or a folk hero who took on the tyranny of Wall Street and the high-frequency traders. A real-life financial thriller, Flash Crash uncovers the remarkable, behind-the-scenes narrative of a mystifying market crash, a globe-spanning investigation into international fraud, and the man at the center of them both"--|cProvided by publisher. 650 0 Stockbrokers. 650 0 Stocks|zUnited States|xHistory|y21st century. 650 0 Stocks|xPrices|zUnited States|xHistory|y21st century. 650 0 Stock exchanges|zUnited States|xHistory|y21st century. 650 0 Financial crises|zUnited States|xHistory|y21st century. 650 7 Sarao, Navinder Singh.
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