Investors worry over 'flash crash' risk as Japan heads for long break

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SYDNEY: As Japan heads for an unprecedented market holiday, investors around the globe are fretting over the risk of a 'flash crash' or violent spasm in currencies that can occur when traders are away and turnover is super thin. Japanese markets will be shut from April 29...

SYDNEY: As Japan heads for an unprecedented market holiday, investors around the globe are fretting over the risk of a"flash crash" or violent spasm in currencies that can occur when traders are away and turnover is super thin.

Prudent investors are preparing with a variety of strategies, including cutting their holdings in the yen and increasing hedges on their foreign exchange exposures, several money managers and analysts said.

Source: News Formal (newsformal.com)

 

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