Alleged Flash Crash Trader’s Former Employer Speaks Out

legend.

Imagine buying stock within that 30 mins... broooooo

big respect to the employer, man got balls

Proud of Sarao, a.k.a Hound of Hounslow.

it's so pathetic that they're trying to build up this guy's resume and give him more accreditation just so they can use him as a believable scapegoat. can't believe they're this predictable

I would bet if you think a kid in his basement caused the flash crash, you think robonhooders caused GME to take out a hedge fund and keep it elevated this long.

He is standing in front of a green screen.

cover story, obviously

The guy being interviewed has been banned from trading for 19 years.

Did they just refer to his training contract as a scholarship?!

Paul Ross

I’ve never seen a story this long say so little. Bloomberg is pathetic

I am extremely surprised how USA prosecuted a little sardine barely have any money to lure the order baskets or Future contracts. I heard several jack ass idiots in senate who are against HFT trades thinks that HFT trading kills the trading streamline. These senators don't know that HFT traders actually pouring capitals which brings volatality and makes day trading more interesting. This is just one of the example came to my mind. In my opinion US prosecutors didn't find anyone shark and just show their credibility by catching a little herring. I think it is a shame on US prosecutors and bad luck for Navinder.

It is beyond absurd that they are using a kid who traded from his parents basement in London as a scapegoat for the flash crash. Even if Mr. Sarao's e-mini Futures contract orders were capable of disrupting the market, 100% of the blame should go to the exchange for accepting those orders. The idea that a single trader could bring down the entire S&P 500 stock/futures complex because he/she engages in naughty order placement is laughable.