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13-01-2019, 16:45
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What happened in the sterling flash episode (and what to do next time)
On October 7, 2016 the pound fell 10% in 40 seconds Flash crashes in financial markets may become an increasingly frequent part of the landscape. The preponderance of algos, instant electronic access and the illusion of liquidity make for fragile markets. In early January 2019, a flash crash took place in yen crosses. In 2016, it was the pound
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