A plunge in crude-oil prices rippled through financial
markets, leaving traders confused and regulators seeking answers, according to the WSJ. Oil prices dropped more than $3 in less than
a minute late in the trading day on Monday, just as trading volume spiked. The
move also dragged down prices of gold, copper and even the euro.
"Traders were looking like deer in the
headlights," said Peter Donovan, a floor trader at Vantage Trading on the
New York Mercantile Exchange….
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