'Flash Crash' in Nordic Region Jolts European Equity Markets

The video discusses a sudden 8% drop in the OX index in the Nordic region, which quickly recovered. Initial reactions suggested technical issues or security problems, but NASDAQ confirmed a large transaction was behind the drop. The thin market due to London's closure may have exacerbated the fall. The event is compared to the 2010 flash crash, highlighting its uniqueness in market history.

What was the immediate impact of the flash crash on the Nordic market?

• The OX index rose by 8%.

• The market closed for the day.

• The market remained stable.

• The OX index fell by 8% and then recovered.

What was initially suspected to be the cause of the market crash?

• A large transaction

• A technical issue or security breach

• A natural disaster

• A government policy change

What did NASDAQ confirm about the market drop?

• It was due to a natural disaster.

• It was due to a technical glitch.

• It was caused by a large transaction.

• It was a result of a new government policy.

Why did the market conditions contribute to the rapid spread of the crash?

• London was closed, leading to thin market conditions.

• There was a holiday in the US.

• The market was closed.

• A new stock was introduced.

How did market players compare this event to past occurrences?

• It was identical to a 2008 market event.

• It was less significant than past events.

• It was a common occurrence in the market.

• It was similar to the 2010 US flash crash.