22-04-2015 18:46 via news.yahoo.com

Accused 'flash crash' trader granted bail, fights extradition to U.S.

LONDON/CHICAGO (Reuters) - A British trader accused by U.S. authorities of market manipulation that contributed to the May 2010 Wall Street "flash crash" was granted bail by a London court on Wednesday, after saying he opposed extradition to the United States for a trial. Navinder Singh Sarao, 36, will remain jailed in London for at least one night after bail was set at 5 million pounds ($7.5 million), along with other conditions. Sarao's bail hearing was his first appearance sinc
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