On May 6, 2010, the "__________" occurred, when stocks on the New York Stock Exchange (NYSE) declined by more than 9 percent on average before reversing and recovering most of those losses onthat same day. Much of the trading occurred within a half hour, which is thought to be the most volatile half hour in the history of the NYSE.
A) credit cefault crisis
B) swap crisis
C) specialist crash
D) flash crash

Question

Quizplus · Accepted Answer

This is referring to the "flash crash" which occurred on May 6, 2010, where stocks on the NYSE experienced a sudden and significant decline before quickly recovering.

On May 6, 2010, the "__________" Occurred, When Stocks on the New