Navinder Singh Sarao: Quiet man of Hounslow in eye of a share storm April 23, 2015 A younger Navinder Sarao, the 36-year-old UK day trader facing extradition to the US for his alleged role in 2010’s flash crash, was a quiet man and a whizz at maths as a student, according to his neighbours. Anil Puri, a childhood friend, said Sarao was a “bright kid” and “definitely had a good future”. [...]
£5m bail for Navinder Singh Sarao: 2010 flash crash maths whizz awaits extradition hearing April 22, 2015 The British day-trader accused of causing the 2010 US Flash Crash must put up £5.05m in bail money as he fights extradition to the United States over fraud charges. Navinder Singh Sarao, 36, who ran a small futures trading company called Nav Sarao Futures from a house in Hounslow, is charged with several counts of [...]
Three surprising takes from the “flash crash” trader Navinder Singh Sarao criminal complaint April 22, 2015 British trader Navinder Singh Sarao has been arrested, charged and is facing extradition to the United States over his role in the "flash crash" just under five years ago. In the early afternoon of 6 May 2010, panicked investors watched as the Dow Jones Industrial Average plunged 1,000 points in a matter of minutes. Although [...]
Day trader Navinder Singh Sarao fighting US extradition must pay £5m for bail April 22, 2015 The British day-trader accused of causing the 2010 US Flash Crash must put up £5.05m in bail money as he fights extradition to the United States over fraud charges. Navinder Singh Sarao, who ran a small futures trading company called Nav Sarao Futures based in Hounslow, is charged with several counts of fraud by the [...]
Navinder Singh Sarao fights US extradition on charges over 2010 “flash crash” April 22, 2015 The British trader accused of causing the 2010 US Flash Crash is fighting his extradition to the US, as prosecutors at Westminster Magistrates Court argued he should be denied bail on the basis he may runaway. Navinder Singh Sarao, who ran a small futures trading company called Nav Sarao Futures based in Hounslow, is [...]
The great flash crash of 2010: What happened to the Dow Jones and what is Navinder Singh Sarao supposed to have done? April 22, 2015 British trader Navinder Singh Sarao has been arrested, charged and is facing extradition to the United States over his role in the "flash crash". Sarao has appeared before Westminster Magistrates and has said he will contest this. It started in the early afternoon of 6 May 2010, as panicked investors watched the Dow Jones Industrial Average [...]
British trader Navinder Singh Sarao arrested and charged over 2010 “flash crash” April 21, 2015 A British trader has been arrested for his alleged role in causing the May 2010 "flash crash" which wiped billions off the value of US stocks and caused indexes to plunge. Navinder Singh Sarao has been charged by the US Commodity Futures Trading Commission (CFTC) with manipulating the markets and making $40m (26.7m) in the [...]