Navinder Singh Sarao was a retail trader in London who according to CFTC was one of the reasons of the Flash Crash that took place in May 6 2010. He went on to make $900,000 that specific day and overall went on to make $42 million dollars. Some of the strategies he used include spoofing. In this video we explain how the event of flash crash took place and how Navinder went on to perform his spoofing strategy across the markets and the repercussions of this event.

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