An extremely rapid decline in the price of one or more asset class, possibly caused or exacerbated by automated trading. An event classified as such occurred on May 6, 2010, when the Dow Jones Industrial Average lost around 1,000 points (9% circa) and then recovered all in a matter of minutes.
P27 Team
View posts by P27 TeamA cadre of associates that deliver short consultations and project-based services to both firms and individuals. Their expertise includes wealth management. strategic change, marketing, business development, business planning, digitisation, ESG integration, financial markets, green finance, leadership development, geopolitics, risk management, valuation and more.
