The "Flash Crash" on the NYSE in May 2010 Was

question 64

True/False

The "flash crash" on the NYSE in May 2010 was directly attributable to the manipulation of LIBOR by Barclays PLC.

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Definitions:

Transplant Organs

Organs removed from one body and placed in another's body for the purpose of replacing a missing or defective organ.

Market

An economic system where goods and services are freely exchanged between buyers and sellers under competitive conditions.

Efficiency

The state or quality of being able to achieve maximum productivity with minimum waste or expense.

Equality

The state or condition of being equal, especially concerning status, rights, and opportunities.