Flash Crash Trader Sees Fortune Vanish

According to the U.S. government, British day trader Navinder Singh Sarao had made tens of millions of dollars using an illegal practice called spoofing, including, fatefully, on the morning of May 6, 2010, when the Dow Jones Industrial Average fell almost 1,000 points in minutes before bouncing back. The extent of Sarao’s culpability for the flash crash is fiercely contested, but the incident exposed the shaky foundations on which the hyper-fast, computer-dominated financial markets now rest. Bloomberg's Liam Vaughan has more on "Bloomberg Markets." (Source: Bloomberg)

JPMorgan's Craig Sees Opportunities in Emerging Markets
32:28 - Kerry Craig, global market strategist at JPMorgan Asset Management, discusses his outlook for emerging markets, U.S. treasuries and what he thinks could trigger a global equities rout. He speaks to Bloomberg's Yvonne Man and Betty Liu on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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