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How Sarao 'spoofed, layered' his way to $1-mn flash crash gain


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rudolph furtado
"DAT TRADIND":- a Daylight robbery
by rudolph furtado on Apr 24, 2015 08:04 AM

The smartest "ROBBER" who should be given a "NOBEL PRIZE" for crime. Without bloodshed, weapons or bribery Navinder Singh Sarao managed to accumulate a cash stash of only 40$Million in just 4 years. Which crime pays this type of dividends with no risk ?

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chandra sekar
all in the game
by chandra sekar on Apr 23, 2015 05:51 PM

Probably our FIIs are also doing some manipulative work here but FIIS are seen as saviours of stock market and hence get away with everything. Otherwise what explains the bearish mood created in the morning since the start of the trade and reversing steeply in the last 15 minutes. Look at this sample data of 22 Apr 2015; Bank Nifty open @ 18250 only to be taken to 17800 by 14;30 (loss of 450 points) but reaches 18275 by 15:15 (gain of 475 points from 1ow)..so does it imply all the institutions were negative on Bank nifty only till 14:30 but suddenly all changed their view to positive that too every institution together,,no institution had a counter view..?

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