THE story of Navinder Singh Sarao, the stock trader who has been identified as being responsible for wreaking havoc on the Dow Jones on May 6, 2010 has sparked off a debate.
What Navinder, a 36-year-old trader operating from his modest semi-detached home outside London, did was to sell down the Dow Jones futures index on the Chigaco Merchantile Exchange (CME) by keying in multiple orders simultaneously and at high speed.
