Guy trading at home caused the flash crash of 2010

Re:Guy trading at home caused the flash crash of 2010 by Nursie on Wednesday April 22, 2015 @12:49PM (#9421706)

>> Not sure why this guy is being prosecuted.

It's traditional to praise the big finance houses when they pull this stuff, but for individuals it's a crime, because they found a way to 'cheat' the big boys.

Here's another example - http://www.computerworlduk.com/news/security/3244186/norwegi...

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Re:Guy trading at home caused the flash crash of 2010 by tptacek on Wednesday April 22, 2015 @01:15PM (#9421903)

Could you find the most specific example you can of a large investment bank (or equivalent firm) being praised for manipulating the market? Specific enough that we can actually dig into what specifically they're being praised for doing?

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Re:Guy trading at home caused the flash crash of 2010 by shit_parade2 on Wednesday April 22, 2015 @01:37PM (#9422065)

Any central bank since 2008.

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Re:Guy trading at home caused the flash crash of 2010 by adamiscool on Wednesday April 22, 2015 @01:17PM (#9421925)

Wow, that case in contrast to the current one actually seems absurd. Upon further research though they were cleared of any wrongdoing on appeal in 2012 [1]

[1] http://www.ft.com/intl/cms/s/0/e2f6d1cc-9447-11e1-bb47-00144...

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