Statements (52)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:stock_market_index
|
gptkbp:bfsLayer |
3
|
gptkbp:bfsParent |
gptkb:New_York_Stock_Exchange
|
gptkbp:analyzes |
gptkb:U._S._Securities_and_Exchange_Commission
market liquidity issues impact of automated trading systems importance of circuit breakers in trading investor panic contributed to volatility lack of market depth during sell-off need for better market surveillance no single cause identified role of exchange rules in market behavior trading algorithms exacerbated decline |
gptkbp:caused_by |
high-frequency trading
|
gptkbp:date |
May 6, 2010
|
gptkbp:duration |
approximately 36 minutes
|
gptkbp:economic_impact |
widespread panic
|
gptkbp:followed_by |
introduction of circuit breakers
investor education initiatives enhanced risk management practices regulatory changes proposed changes in algorithmic trading strategies increased scrutiny of trading practices increased volatility in markets market structure reviews public distrust in market stability |
https://www.w3.org/2000/01/rdf-schema#label |
Flash Crash 2010
|
gptkbp:is_aimed_at |
large sell orders
|
gptkbp:market |
gptkb:U._S._stock_market
|
gptkbp:notable_products |
gptkb:beer
gptkb:Pepsi_Co gptkb:Apple_Inc. gptkb:General_Electric gptkb:Microsoft gptkb:Amazon.com gptkb:CEO gptkb:Accenture gptkb:Exxon_Mobil gptkb:shopping_mall gptkb:Pro_Shares_Ultra_Short_S&_P_500 |
gptkbp:related_event |
gptkb:Black_Monday_1987
gptkb:2008_financial_crisis gptkb:Great_Recession gptkb:stock_market_crash_of_1929 gptkb:2015_Flash_Crash gptkb:2016_Flash_Crash gptkb:2019_Flash_Crash gptkb:2020_Flash_Crash Dot-com bubble burst COVID-19 market crash |
gptkbp:restoration |
about 15 minutes
|
gptkbp:resulted_in |
loss of nearly $1 trillion in market value
|