Markets

How bedroom trader Navinder Sarao made his first millions and kickstarted an odyssey that ended with historic market manipulation and a $1 trillion crash

Navinder Singh Sarao was arrested in 2015, accused of helping cause a $US1 trillion market crash. Sarao was accused by the US government of manipulating markets by posting then cancelling huge volumes of orders to trick other participants about supply and demand – a brand new offence known as ‘spoofing.’ […]
How bedroom trader Navinder Sarao made his first millions and kickstarted an odyssey that ended with historic market manipulation and a $1 trillion crash