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CME: Futures markets did not cause flash crash

Apr. 22, 2015 4:49 PM ETCME Group Inc. (CME) StockBy: Stephen Alpher, SA News Editor1 Comment
  • Responding to the arrest of a U.K.-based punter whom authorities accuse of causing 2010's "flash crash" with "layering" and "spoofing" algorithms, NASDAQ:CME Group reiterates its long-held belief that activity in its markets were not behind the panic decline.
  • "If new information has come to light, we look forward to reviewing it with the Commission.  We fully support the CFTC's actions to prosecute those who attempt to engage in fraud or manipulation."
  • Source: Press Release

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