Here Is The City reports that a trader has been charged with fraud and market manipulation related to the Flash Crash of May 2010.
This story has been featured heavily in the press, particularly because the trader himself is so different to the usual trader stereotype (he lives in a pretty ordinary semi-detached house despite being worth £millions). He also protests his innocence and believes he was just good at his job.
I wonder if this guy will be the next subject of a block-buster Michael Lewis book?
musingstudio 