08-11-2016 16:28 via uk.news.yahoo.com

Accused UK 'flash crash' trader extradited to face U.S. charges

A London-based trader has been extradited to the United States to face federal charges related to his alleged role in the 2010 Wall Street "flash crash," the U.S. Justice Department said on Tuesday. Navinder Sarao, 37, who traded on the Chicago Mercantile Exchange (CME) from his parents' home near London's Heathrow Airport, is scheduled to appear in federal court in Chicago on Wednesday morning after losing a legal challenge to his extradition. Sarao, who denies wrongdoing, arrived in the United
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