29-04-2015 12:05 via news.yahoo.com

UK 'flash crash' trader fails to raise bail, stays behind bars

The British trader fighting extradition to the United States on charges that he illegally contributed to the 2010 Wall Street "flash crash", appeared in court on Wednesday and was ordered to be kept in custody after failing to meet his bail conditions. Navinder Singh Sarao, 36, who traded from his parents' modest home in west London, has been charged by the U.S. Justice Department with wire fraud, commodities fraud and market manipulation. "Those conditions have not been met
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