More Flash Crash…

Was the “flash crash” on May 6th a unique event? Back to the Future: Lessons From the Forgotten ‘Flash Crash’ of 1962

The crash of 1962 is a reminder that markets always have been messy and that investors’ morale always has been fragile. What’s more, the problems the regulators sought to solve nearly a half-century ago are still with us today. They probably will be tomorrow, too.

What this means is that traders still have “fat fingers.”