‘Flash Crash’ Hits Stocks in Europe

Trading was halted momentarily on some European exchanges Monday morning, after major stock indexes plunged for a few minutes just before 10 a.m. Central European time. 

Nasdaq and Euronext, which operate stock exchanges across the region, said they are investigating the cause. So far, Nasdaq hasn’t seen any reason to cancel trades that were made during this event, a spokeswoman said.

Investors thought the incident may have been caused by human error, known in industry parlance as a “fat finger.” 

The trading floor of the Amsterdam Stock Exchange, which is operated by Euronext.



Photo:

Yuriko Nakao/Bloomberg News

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