The Flash Crash: A Cautionary Tale About Highly Fragmented Markets

Albert J. Menkveld
Albert J. Menkveld
http://orcid.org/0000-0002-9913-9242
VU University Amsterdam, Tinbergen Institute, and Duisenberg School of Finance, FEWEB, 1081 HV, Amsterdam, Netherlands;
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,
Bart Zhou Yueshen
Corresponding Author
Bart Zhou Yueshen
http://orcid.org/0000-0002-4326-3658
INSEAD, Singapore 138676
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Albert J. Menkveld

http://orcid.org/0000-0002-9913-9242

VU University Amsterdam, Tinbergen Institute, and Duisenberg School of Finance, FEWEB, 1081 HV, Amsterdam, Netherlands;

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Bart Zhou Yueshen

Corresponding Author

Bart Zhou Yueshen

http://orcid.org/0000-0002-4326-3658

INSEAD, Singapore 138676

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Published Online:5 Nov 2018https://doi.org/10.1287/mnsc.2018.3040

Supplemental Material

mnsc.2018.3040.sm1.pdf

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Volume 65, Issue 10

October 2019

Pages 4451-4949

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Received:April 26, 2016
Accepted:January 04, 2018
Published Online:November 05, 2018

Cite as

Albert J. Menkveld, Bart Zhou Yueshen (2018) The Flash Crash: A Cautionary Tale About Highly Fragmented Markets. Management Science 65(10):4470-4488.

https://doi.org/10.1287/mnsc.2018.3040

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The Flash Crash: A Cautionary Tale About Highly Fragmented Markets

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