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Exclusive-Citi behind trade that caused brief crash in European markets -sources -Breaking

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© Reuters. FILEPHOTO: Santa Monica branch of Citibank is seen on March 19, 2018, U.S. REUTERS/Lucy Nicholson

NEW YORK, Reuters – Monday’s brief market crash was caused by a single sale order. Citigroup According to two people familiar with the matter, (NYSE:).

According to one source, the flash-crash that caused European share prices to drop suddenly on a holiday-thinned trading day involved an incorrect calculation regarding a Swedish company. Citi did not comment.

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