ETF role in Dow 'flash crash' under scrutiny

Private equity firms scan market for take-privates

The report issued by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) suggests the drop in prices of index-tracking ETFs and E-mini S&P 500 futures, coupled with subsequent sales in individual securities, could have perpetuated the extreme market fluctuations.

The "flash crash", which saw the Dow Jones plummet around 9.2%, occurred between 2.30pm and 3pm New York time on 6 May.

The joint SEC and CFTC report says ETFs accounted for around 70% of the

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: