Thursday, November 10, 2016

UK trader pleads guilty to "flash crash" involvement

A British trader has pleaded guilty for his part in triggering the Wall Street "flash crash" of 2010...

Navinder Sarao appeared in a Chicago courtroom, pleading guilty to fraud and illegally manipulating the market.

The 37-year-old will be allowed back to the UK pending sentencing in the US - as our correspondent Dan Whitehead reports...

IN: Navinder Sarao...
OUT: ...SOC.
DUR: 45"

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