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Citigroup, CME Find No Evidence of Erroneous Trades (Update2)
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By Michael J. Moore and Dakin Campbell
May 6 (Bloomberg) -- Citigroup Inc. said it found “no evidence” that it
was involved in erroneous trades, a finding supported by futures market CME
Group Inc., after U.S. equity markets plunged today.
About $700 billion of U.S. stock-market value was wiped out in less than 10
minutes when the Dow Jones Industrial Average fell the most
Share Business ExchangeTwitterFacebook| Email | Print | A A A
By Michael J. Moore and Dakin Campbell
May 6 (Bloomberg) -- Citigroup Inc. said it found “no evidence” that it
was involved in erroneous trades, a finding supported by futures market CME
Group Inc., after U.S. equity markets plunged today.
About $700 billion of U.S. stock-market value was wiped out in less than 10
minutes when the Dow Jones Industrial Average fell the most