The Flash Crash and Financial Terrorism: Could the Nineteenth Street NW Scenario Come True?

So the flash crash turned out to be a single trade that somehow caused the world’s largest stock market to tumble almost 900 points in the space of an hour. But the SEC’s explanation is scarcely reassuring, and the incident is surely symptomatic of the pervasive market uncertainty.[1] That a single trade could wreak such havoc also raises the intriguing (and frightening) possibility of a deliberately engineered financial crash.