Sudden Crash, a Citi trader behind the sudden crash of the stock market. Meanwhile, Alibaba is paying a heavy price for ‘people exchange’

Milan – There was a mistake by a trader from the London office of Citi, one of the largest US investment banks, behind the sudden wave of sales that spread around 10 am on Monday 2 May to northern European markets and was also flooded by other moments in arenas, including Milan. “Fat finger,” as they say in these cases: a very fat finger that ended up accidentally pressing the wrong switch.

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