WF-PRV3CJ
2010 Market Flash Crash
A modified algorithm was able to cause dramatic price volatility and disrupted trading in the US stock exchange.
- Date it happened
- 2010-05-08
- Organisation involved
- Navinder Sarao, Waddell & Reed, Barclays Capital
- Product, system or model
- Not AI. An automated trading software
Where this came from
- reuters.com
- forbes.com
- cnbc.com
- telegraph.co.uk
- corporatefinanceinstitute.com
- cnbc.com
- businessinsider.com
- seekingalpha.com
- aol.com
- thehindu.com
- themerkle.com
- bbc.com
- sciencedirect.com
- theconversation.com
- marketplace.org
- economictimes.indiatimes.com
- independent.co.uk
- theguardian.com
- sec.gov
- papers.ssrn.com
- gffbrokers.com
- graphics.wsj.com
- fortune.com
- cityam.com
- marketwatch.com
- nytimes.com
- nautil.us
- usatoday.com
- bloomberg.com
- en.wikipedia.org
Attribution
This incident was imported from AI Incident Database and is used under CC BY-SA 4.0. Our additions to it — the structured fields, the translation, the checks against other reports — are published under the same licence.
This is a record of what was reported, not a finding that anyone broke the law. If it names your organisation and you believe it is wrong, the corrections process is free and open to everyone.