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008 221123b ||||| |||| 00| 0 eng d
020 _a9780008433734
082 _a332.642092
_bVAU
100 _aVaughan, Liam
_99222
245 _aFlash crash:
_ba trading savant, a global manhunt, and the most mysterious market crash in history
260 _bWilliam Collins
_aLondon
_c2020
300 _a255 p.
365 _aINR
_b150.00
520 _aIn May 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 what was then 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 a man at the center of them both.
650 _aStock exchanges
_95805
650 _aStocks--Prices
_910327
650 _aFinancial crises
_95315
650 _aStock exchanges--Corrupt practices
_910328
942 _2ddc
_cBK