Candyce Edelen from AdvancedTrading: On October 5, 2012, a broker trading on India’s National Stock Exchange placed 59 erroneous orders, triggering a flash crash that wiped nearly 60 billion dollars from the value of some of that country’s largest public companies. It happened just 2 short months after another trading glitch cost Knight Capital to lose $440 million in just 45 minutes. These are just two in a series of trading incidents that have damaged the markets over the past two years.
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