The 2010 Flash Crash
Here’s a school project just finished giving some insight into events during the flash crash of May 6th 2010. Due to a collapse in the E-mini market the S&P500 index dropped more than 9% during the day, causing weird trading in the underlying stocks. The sequence of events described illustrate the dangers of high frequency trading. The report is a brief and hopefully easy read. Feedback is appreciated. Enjoy!
