News

Navinder Singh Sarao, a British trader, is accused by American authorities of contributing to turmoil that led the Dow to fall more than 600 points. By Chad Bray A judge in London reduced bail for ...
The so-called "Hound of Hounslow" who caused billions of dollars to be wiped from global stock markets from his parent's bedroom in west London has been spared jail at a court in the US. Navinder ...
Navinder Singh Sarao, the London trader accused of causing the 2010 Flash Crash, is going to plead guilty to fraud, Bloomberg reports, citing his lawyer. He was accused of "spoofing" the Chicago ...
A trader who authorities say caused the 2010 flash crash while trading from his parents house in London is one step closer to standing trial in the U.S. A judge at Westminster magistrates court in ...
WASHINGTON (Reuters) - The notion that one man trading from his parents' house in a working class London suburb had a material role in the 2010 Wall Street flash crash has aroused increasing ...
Yet, if U.S. authorities are correct, Navinder Singh Sarao, 36, managed to send a jolt of fear through the world's markets by helping to set off the 2010 "flash crash," in which the Dow Jones average ...
Federal prosecutors say that Navinder Singh Sarao used a computer program to "spoof" the markets, sending the Dow down 600 points in a matter of... U.S. federal prosecutors are seeking the extradition ...
Navinder Singh Sarao, the British trader blamed for helping cause the 2010 Flash Crash from his bedroom, should serve no additional jail time, U.S. authorities said in a recommendation before his Jan.
WASHINGTON/CHICAGO (Reuters) - The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that ...
SAN FRANCISCO (Reuters) - To generate $40 million (26.77 million pounds) in gains over a period of four years, including nearly $1 million in the May 2010 U.S. stocks "flash crash," Navinder Singh ...
NEW YORK (AP) He operated from a modest suburban London home he shared with his parents, far from the city's glamorous financial center. He used off-the-shelf software anyone can buy.Yet, if U.S.