'Flash crash' trader pleads guilty to spoofing, wire fraud

By Tom Polansek CHICAGO (Reuters) - A London-based trader pleaded guilty to wire fraud and spoofing on Wednesday after being extradited to the United States to face federal charges related to his alleged role in the 2010 Wall Street "flash crash." Navinder Sarao, 37, who traded futures on the Chicago Mercantile Exchange from his parents' home near London's Heathrow Airport, appeared in a federal court in Chicago wearing an orange jail jumpsuit after losing a legal challenge to his extradition. U