Nasdaq Nordic says investigating price movements after flash crash

STOCKHOLM (Reuters) – Nasdaq Nordic is trying into an unexplained plunge in equities earlier on Monday, which brokers Nordnet stated was a “flash crash” triggered by a short market panic, a spokesperson stated.

Nordic shares had fallen sharply on Monday earlier than partly recovering.

“We’ve famous the very large value motion on our markets which befell throughout Monday morning and we are actually in dialogue with the market concerning the motive for this,” Nasdaq Nordic spokesperson Rebecka Berntsson stated in an e-mail.

She added that Nasdaq at the moment noticed nothing to point errors in its personal techniques in relation to the fairness market plunge.

“We are going to get again to the market with extra info as quickly as doable,” she stated.

(Reporting by Helena Soderpalm; Enhancing by Johan Ahlander)