Sentences with phrase «august flash crash»
The S&P 500 peaked at 2134.7 in the early summer months, and promptly collapsed to 1867 points during the August flash crash.
http://www.visualcapitalist.com/ Not exact matches
In a note released last week, securities trading firm KCG wrote that June 24, the day following the British referendum, «was no repeat of August 24,» a reference to the «flash crash» that struck equities last summer and led to ETF mispricing.
A prime example of this problem can be seen in the «flash crash» of 24 August 2015, when the Dow Jones Industrial Average briefly plunged nearly 1,000 points.
It is also important to note that the above decades include not only the major bear markets of 2000 - 02 and 2007 - 08, but also many numerous short - term corrections like the Russian default / LTCM crisis of 1998, the «flash crash» in May 2010, and the U.S. debt downgrade in August 2011.
Such scenarios have happened before - think of the Russian default / Long - Term Capital Management debacle of August 1998, the «flash crash» of May 6th, 2010, or the Treasury downgrade of August 2011.
In other words, it's another «flash crash» triggered by margin calls of the sort the market saw in August.