Stock Market Crash - Flash Crash May 6, 2010

Audio from the S&P 500 futures pit at the CME during the "flash crash" of 2010. The May 6, 2010 Flash Crash also known as The Crash of 2:45, the 2010 Flash Crash or just simply, the Flash Crash, was a United States stock market crash on May 6, 2010 in which the Dow Jones Industrial Average plunged about 900 points—or about nine percent—only to recover those losses within minutes. It was the second largest point swing, 1,010.14 points, and the biggest one-day point decline, 998.5 points, on an intraday basis in Dow Jones Industrial Average history. On May 6, US stock markets opened down and trended down most of the day on worries about the debt crisis in Greece. At 2:42 pm, with the Dow Jones down more than 300 points for the day, the equity market began to fall rapidly, dropping more than 600 points in 5 minutes for an almost 1000 point loss on the day by 2:47 pm. Twenty minutes later, by 3:07 pm, the market had regained most of the 600 point drop.

[colloredbrothers]

This guy probably caused the flash crash himself by being so hyped, people started shorting everything out of excitement.

[rodrigol.malacarne]

One of the best financial audios/videos ever !!!

[windycitybeats]

I listen to this on repeat while i trade, keeps the blood flowin

[LukeOberrieder]

I've never been so intrigued listening to something I don't understand.

[MrMattie]

And now, 10 years later, a 900 point drop is just one of the standard days during the Corona pandemic

[saparmuratniyazov]

Watching this the day oil went from $20 a barrel to NEGATIVE $40 in just 2 hours on 4/20/2020

I was narrating in his voice in my head.

[christempleton]

Who here in March 2020?
This Everyday Now

[CzechRiot]

That's like a mix of a finals game of soccer with public slaughtering of children being narrated at once by a guy inside a burning zeppelin.

[wjatube]

I had to walkaway out of fear and I was short.  Amazing moment.  Glad I wasn't listening to this squawk box I would have thought we were being invaded by aliens or something.

[jays]

The TD Ameritrade feed does this audio no justice at all...the unfiltered feed was OFF the HOOK. Awesome and terrifying to watch.

[turnert]

Do I hear a dollar?!

ONE DOLLAR!

Do I hear 50 cents?!

FIFTY CENTS!

Do I hear a nickle?!

ONE NICKLE!

One nickle ladies and gentlemen.  One nickle going once... going twice... SOLD!
Congratulations sir, you are the new owner of an economy circling the toilet!

[LilyHeartly]

That must have been a scary day on the trading floor. I wonder if there were fat cats laid out on the floor having a heart attack from watching that go down.

[DaRealRoachDoggJr]

This truly was an intense moment in history.

[Josh-Jones]

Remember, this is when you'd see 2000-3000 stacked at every level in the book in the ES, unlike today when you are hard pressed to find high triple digits. Moving 40+ handles at 1100 in 4 mins with that much regular liquidity is quite a feat.

[niemacol]

This gives me chills. Well played Nav, well played.

[rationalsamrat]

Just remember a guy living with his parents caused this in his bedroom.

[petrpinkhasov]

I can't imagine looking at an order book on the E-Mini's and seeing nobody buying or selling.. Unbelievable stuff. Thanks for posting. 

[jgfunk]

I don't trade futures. But, I do know that the tick size for e mini is 0.25 and each tick represents $12.50. So a 1 point move in the e mini changes the contract value by $50. Just think of that huge move and the amount of $ flow.

[sunnycorax]

I've never seen a man so excited about the S&P drilling for oil.

[raphaelcoelho]

the dream of making money without work becomes a nightmare. Then, millions of people homeless and hungry...