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Stock market: the reasons for the “mini-crash” of the financial markets

Stock market: the reasons for the “mini-crash” of the financial markets

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A flash crash took place on Monday morning, dragging the European stock markets into an air pocket.

 

On Monday 2 May, a flash crash occurred on the European market, and in particular the Nordic market. The Stockholm stock exchange was one of the hardest hit as its benchmark index lost nearly 7% in five minutes before recovering. In Paris, the CAC 40 lost up to 3.5% at the time of the air pocket and lost 1.66% by the end of the day.

 

While the event may have been a result of poor order execution or trader error, global markets have been sinking into the red for several weeks. In Paris, the CAC 40 lost nearly 10% in just three months and in April, the US market had its worst month in two years.

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