The markets recovered quickly but I know my first thoughts were:
- Someone has shown just how fragile the markets are to any kind of news whether it’s real or not
- Someone just got very rich on this deal
- This won’t be the last time something like this happens
Well, the investigations are underway as to who might have profited from this scenario and if there was a connection between the incident and the any profits taken as a result of what’s known as “high frequency trading”.