Flash Crash
A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wish list failed.
Follow podcast failed
Unfollow podcast failed
Buy Now for $23.31
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
Liam Vaughan
-
Written by:
-
Liam Vaughan
About this listen
"[An] extraordinary tale." (Wall Street Journal)
"Compelling [and] engaging." (Financial Times)
"Magnificently detailed yet pacy.... Think Trading Places meets Wall Street." (Sunday Times, UK)
The riveting story of a trading prodigy who amassed $70 million from his childhood bedroom — until the US government accused him of helping trigger an unprecedented market collapse.
On May 6, 2010, financial markets around the world tumbled simultaneously and without warning. In the span of five minutes, a trillion dollars of valuation was lost. The Flash Crash, as it became known, represented what was then the fastest drop in market history. When share values rebounded less than half an hour later, experts around the globe were left perplexed. What had they just witnessed?
Navinder Singh Sarao hardly seemed like a man who would shake the world's financial markets to their core. Raised in a working-class neighborhood in West London, Nav was a preternaturally gifted trader who played the markets like a computer game. By the age of 30, he had left behind London's "trading arcades", working instead out of his childhood home. For years, the money poured in. But when lightning-fast electronic traders infiltrated markets and started eating into his profits, Nav built a system of his own to fight back. It worked - until 2015, when the FBI arrived at his door. Depending on whom you ask, Sarao was a scourge, a symbol of a financial system run horribly amok, or a folk hero who took on the tyranny of Wall Street and the high-frequency traders.
A real-life financial thriller, Flash Crash uncovers the remarkable, behind-the-scenes narrative of a mystifying market crash, a globe-spanning investigation into international fraud, and a man at the center of them both.
©2020 Liam Vaughan (P)2020 Random House AudioYou may also enjoy...
-
The Buy Side
- A Wall Street Trader's Tale of Spectacular Excess
- Written by: Turney Duff
- Narrated by: Turney Duff
- Length: 8 hrs and 42 mins
- Unabridged
-
Overall
-
Performance
-
Story
A remarkable writing debut, filled with indelible moments, The Buy Side shows as no book ever has the rewards—and dizzying temptations—of making a living on the Street. Growing up in the 1980’s Turney Duff was your average kid from Kennebunk, Maine, eager to expand his horizons. After trying – and failing – to land a job as a journalist, he secured a trainee position at Morgan Stanley and got his first feel for the pecking order that exists in the trading pits.
-
-
Brilliant
- By matthew n**** on 2020-04-14
Written by: Turney Duff
-
Liftoff
- Elon Musk and the Desperate Early Days that Launched SpaceX
- Written by: Eric Berger
- Narrated by: Rob Shapiro
- Length: 9 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
The dramatic inside story of the first four historic flights that launched SpaceX - and Elon Musk - from a shaky startup into the world's leading-edge rocket company.
-
-
Best book about SpaceX
- By Anonymous User on 2021-04-15
Written by: Eric Berger
-
The Formula
- How Rogues, Geniuses, and Speed Freaks Reengineered F1 into the World's Fastest Growing Sport
- Written by: Joshua Robinson, Jonathan Clegg
- Narrated by: Qarie Marshall
- Length: 10 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
For decades in America, car racing meant NASCAR, and to a lesser extent IndyCar, with Formula 1—the wealthiest racing league in the world—a distant third. Fast forward to 2023, and F1 has emerged at the front of the pack powered by a passionate yet nascent American fanbase. The F1 juggernaut has arrived, but this checkered flag was far from inevitable.
-
-
Excellent glimpse into F1 history
- By Bruce B on 2024-11-14
Written by: Joshua Robinson, and others
-
The Hidden Habits of Genius
- Beyond Talent, IQ, and Grit - Unlocking the Secrets of Greatness
- Written by: Craig Wright
- Narrated by: Fred Sanders
- Length: 10 hrs and 7 mins
- Unabridged
-
Overall
-
Performance
-
Story
What is genius? The word evokes iconic figures like Einstein, Beethoven, Picasso, and Steve Jobs, whose cultural contributions have irreversibly shaped society. Yet Beethoven could not multiply. Picasso couldn’t pass a fourth grade math test. And Jobs left high school with a 2.65 GPA. The Hidden Habits of Genius explores the meaning of this contested term, and the unexpected motivations of those we have dubbed "genius" throughout history, from Charles Darwin and Marie Curie to Leonardo Da Vinci and Andy Warhol to Toni Morrison and Elon Musk.
-
-
Inspiring read especially for the neurodivergent
- By Lena Rose Cimolai on 2024-10-21
Written by: Craig Wright
-
Best Loser Wins
- Why Normal Thinking Never Wins the Trading Game
- Written by: Tom Hougaard
- Narrated by: Richard Faymonville
- Length: 6 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
Normal thinking leads to normal results. For exceptional results, traders must think differently. This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis. Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre to excellent.
-
-
Very relatable
- By Cindy on 2025-01-20
Written by: Tom Hougaard
-
The Man Who Solved the Market
- How Jim Simons Launched the Quant Revolution
- Written by: Gregory Zuckerman
- Narrated by: Will Damron
- Length: 10 hrs and 44 mins
- Unabridged
-
Overall
-
Performance
-
Story
Jim Simons is the greatest money maker in modern financial history. No other investor - Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros - can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth 23 billion dollars.
-
-
Good book, can't get much details of the how to
- By Sean Arani on 2020-01-26
Written by: Gregory Zuckerman
-
The Buy Side
- A Wall Street Trader's Tale of Spectacular Excess
- Written by: Turney Duff
- Narrated by: Turney Duff
- Length: 8 hrs and 42 mins
- Unabridged
-
Overall
-
Performance
-
Story
A remarkable writing debut, filled with indelible moments, The Buy Side shows as no book ever has the rewards—and dizzying temptations—of making a living on the Street. Growing up in the 1980’s Turney Duff was your average kid from Kennebunk, Maine, eager to expand his horizons. After trying – and failing – to land a job as a journalist, he secured a trainee position at Morgan Stanley and got his first feel for the pecking order that exists in the trading pits.
-
-
Brilliant
- By matthew n**** on 2020-04-14
Written by: Turney Duff
-
Liftoff
- Elon Musk and the Desperate Early Days that Launched SpaceX
- Written by: Eric Berger
- Narrated by: Rob Shapiro
- Length: 9 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
The dramatic inside story of the first four historic flights that launched SpaceX - and Elon Musk - from a shaky startup into the world's leading-edge rocket company.
-
-
Best book about SpaceX
- By Anonymous User on 2021-04-15
Written by: Eric Berger
-
The Formula
- How Rogues, Geniuses, and Speed Freaks Reengineered F1 into the World's Fastest Growing Sport
- Written by: Joshua Robinson, Jonathan Clegg
- Narrated by: Qarie Marshall
- Length: 10 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
For decades in America, car racing meant NASCAR, and to a lesser extent IndyCar, with Formula 1—the wealthiest racing league in the world—a distant third. Fast forward to 2023, and F1 has emerged at the front of the pack powered by a passionate yet nascent American fanbase. The F1 juggernaut has arrived, but this checkered flag was far from inevitable.
-
-
Excellent glimpse into F1 history
- By Bruce B on 2024-11-14
Written by: Joshua Robinson, and others
-
The Hidden Habits of Genius
- Beyond Talent, IQ, and Grit - Unlocking the Secrets of Greatness
- Written by: Craig Wright
- Narrated by: Fred Sanders
- Length: 10 hrs and 7 mins
- Unabridged
-
Overall
-
Performance
-
Story
What is genius? The word evokes iconic figures like Einstein, Beethoven, Picasso, and Steve Jobs, whose cultural contributions have irreversibly shaped society. Yet Beethoven could not multiply. Picasso couldn’t pass a fourth grade math test. And Jobs left high school with a 2.65 GPA. The Hidden Habits of Genius explores the meaning of this contested term, and the unexpected motivations of those we have dubbed "genius" throughout history, from Charles Darwin and Marie Curie to Leonardo Da Vinci and Andy Warhol to Toni Morrison and Elon Musk.
-
-
Inspiring read especially for the neurodivergent
- By Lena Rose Cimolai on 2024-10-21
Written by: Craig Wright
-
Best Loser Wins
- Why Normal Thinking Never Wins the Trading Game
- Written by: Tom Hougaard
- Narrated by: Richard Faymonville
- Length: 6 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
Normal thinking leads to normal results. For exceptional results, traders must think differently. This book will guide and inspire you in ways no other trading book has. It is not about strategies and money management. It is about mind management. Tom Hougaard provides a unique and refreshingly personal account of how an ordinary trader elevated his game to incredible heights by focusing as much on his mental approach as on his technical analysis. Best Loser Wins explains how you, by thinking differently when you are trading, can elevate your game from mediocre to excellent.
-
-
Very relatable
- By Cindy on 2025-01-20
Written by: Tom Hougaard
-
The Man Who Solved the Market
- How Jim Simons Launched the Quant Revolution
- Written by: Gregory Zuckerman
- Narrated by: Will Damron
- Length: 10 hrs and 44 mins
- Unabridged
-
Overall
-
Performance
-
Story
Jim Simons is the greatest money maker in modern financial history. No other investor - Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros - can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth 23 billion dollars.
-
-
Good book, can't get much details of the how to
- By Sean Arani on 2020-01-26
Written by: Gregory Zuckerman
-
When Genius Failed
- The Rise and Fall of Long-Term Capital Management
- Written by: Roger Lowenstein
- Narrated by: Roger Lowenstein
- Length: 9 hrs and 12 mins
- Abridged
-
Overall
-
Performance
-
Story
Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible.
-
-
A bit too dry for my liking
- By Rupert on 2019-04-29
Written by: Roger Lowenstein
-
Money
- The True Story of a Made-Up Thing
- Written by: Jacob Goldstein
- Narrated by: Jacob Goldstein
- Length: 5 hrs and 37 mins
- Unabridged
-
Overall
-
Performance
-
Story
The cohost of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs.
-
-
fun money book
- By Bradley Arsenault on 2021-06-05
Written by: Jacob Goldstein
-
Genius Makers
- The Mavericks Who Brought AI to Google, Facebook, and the World
- Written by: Cade Metz
- Narrated by: John Lee
- Length: 9 hrs and 59 mins
- Unabridged
-
Overall
-
Performance
-
Story
What does it mean to be smart? To be human? What do we really want from life and the intelligence we have, or might create? With deep and exclusive reporting, across hundreds of interviews, New York Times Silicon Valley journalist Cade Metz brings you into the rooms where these questions are being answered. Where an extraordinarily powerful new artificial intelligence has been built into our biggest companies, our social discourse, and our daily lives, with few of us even noticing.
-
-
Very informative
- By Matthew on 2021-03-28
Written by: Cade Metz
-
Gulag
- A History
- Written by: Anne Applebaum
- Narrated by: Laural Merlington
- Length: 27 hrs and 41 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Gulag - a vast array of Soviet concentration camps that held millions of political and criminal prisoners - was a system of repression and punishment that terrorized the entire society, embodying the worst tendencies of Soviet communism. In this magisterial and acclaimed history, Anne Applebaum offers the first fully documented portrait of the Gulag, from its origins in the Russian Revolution, through its expansion under Stalin, to its collapse in the era of glasnost.
-
-
Essential reading in today's times
- By Kendall L. Harding on 2022-04-10
Written by: Anne Applebaum
-
Prediction Machines
- The Simple Economics of Artificial Intelligence
- Written by: Ajay Agrawal, Joshua Gans, Avi Goldfarb
- Narrated by: LJ Ganser
- Length: 7 hrs and 50 mins
- Unabridged
-
Overall
-
Performance
-
Story
Artificial intelligence does the seemingly impossible - driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs.
-
-
Many books are worth reading twice, this is not!
- By Anonymous User on 2021-05-18
Written by: Ajay Agrawal, and others
-
Plays Well with Others
- The Surprising Science Behind Why Everything You Know About Relationships Is (Mostly) Wrong
- Written by: Eric Barker
- Narrated by: Roger Wayne
- Length: 6 hrs and 55 mins
- Unabridged
-
Overall
-
Performance
-
Story
In Plays Well With Others, Eric Barker dives into these questions, drawing on science to reveal the truth beyond the conventional wisdom about human relationships. Combining his compelling storytelling and humor, Barker explains what hostage negotiation techniques and marital arguments have in common, how an expert con-man lied his way into a twenty-year professional soccer career, and why those holding views diametrically opposed to our own actually have the potential to become our closest, most trusted friends.
-
-
Very relatable and relevant
- By Sally Arsenault on 2023-10-09
Written by: Eric Barker
-
The Confidence Men
- How Two Prisoners of War Engineered the Most Remarkable Escape in History
- Written by: Margalit Fox
- Narrated by: Richard Elfyn
- Length: 9 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
Imprisoned in a remote Turkish POW camp during World War I, having survived a two-month forced march and a terrifying shootout in the desert, two British officers, Harry Jones and Cedric Hill, join forces to bamboozle their iron-fisted captors. To stave off despair and boredom, Jones takes a handmade Ouija board and fakes elaborate séances for his fellow prisoners. Word gets around, and one day, an Ottoman official approaches Jones with a query: Could Jones contact the spirit world to find a vast treasure rumored to be buried nearby?
-
-
Enjoyable and Unbelievable
- By Pen Name on 2021-06-05
Written by: Margalit Fox
-
Blackadder: The Complete Collected Series
- Written by: Ben Elton, Richard Curtis
- Narrated by: full cast, Rowan Atkinson, Tony Robinson, and others
- Length: 15 hrs and 3 mins
- Original Recording
-
Overall
-
Performance
-
Story
Through the ages of Britain, from the 15th century to the 21st, Edmund Blackadder has meddled his way along the bloodlines, aided by his servant and sidekick, Baldrick, and hindered by an assortment of dimwitted aristocrats. Now the complete history of Blackadder is collected together, including the four TV series: The Black Adder, Blackadder II, Blackadder the Third and Blackadder Goes Forth.
-
-
It’s Blackadder. What more can I say !
- By John Street on 2023-07-13
Written by: Ben Elton, and others
-
Helgoland
- Making Sense of the Quantum Revolution
- Written by: Carlo Rovelli, Erica Segre - translator, Simon Carnell - translator
- Narrated by: David Rintoul
- Length: 4 hrs and 31 mins
- Unabridged
-
Overall
-
Performance
-
Story
One of the world's most renowned theoretical physicists, Carlo Rovelli has entranced millions of readers with his singular perspective on the cosmos. In Helgoland, he examines the enduring enigma of quantum theory. The quantum world Rovelli describes is as beautiful as it is unnerving. Helgoland is a treeless island in the North Sea where the 23-year-old Werner Heisenberg made the crucial breakthrough for the creation of quantum mechanics, setting off a century of scientific revolution.
-
-
An interesting presentation, but missed my expectations
- By Andrew on 2023-09-08
Written by: Carlo Rovelli, and others
-
Unknown Market Wizards
- The Best Traders You've Never Heard Of
- Written by: Jack D. Schwager
- Narrated by: DJ Holte
- Length: 12 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Unknown Market Wizards continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results. The twist in Unknown Market Wizards is that the featured traders are individuals trading their own accounts. They are unknown to the investment world. Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers.
-
-
Kind of boring
- By Raymond Yeung on 2021-08-30
Written by: Jack D. Schwager
-
Einstein's Unfinished Revolution
- The Search for What Lies Beyond the Quantum
- Written by: Lee Smolin
- Narrated by: Katharine Lee McEwan
- Length: 10 hrs and 18 mins
- Unabridged
-
Overall
-
Performance
-
Story
A daring new vision of quantum theory from one of the leading minds of contemporary physics. In Einstein's Unfinished Revolution, theoretical physicist Lee Smolin provocatively argues that the problems that have bedeviled quantum physics since its inception are unsolved and unsolvable, for the simple reason that the theory is incomplete.
-
-
Fantastic, interesting, inspiring.
- By Anonymous User on 2019-07-09
Written by: Lee Smolin
-
Black Edge
- Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street
- Written by: Sheelah Kolhatkar
- Narrated by: Kaleo Griffith
- Length: 12 hrs and 32 mins
- Unabridged
-
Overall
-
Performance
-
Story
Steven A. Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn’t lay railroads, build factories, or invent new technologies. Rather, they made their billions through financial speculation, by placing bets in the market that turned out to be right more often than not.
-
-
Very insightful
- By mickbaker on 2025-01-06
Written by: Sheelah Kolhatkar
What the critics say
"Until now, the Flash Crash of 2010, where a trillion dollars seemingly vaporized in the span of just five minutes, was one of Wall Street's biggest mysteries. Liam Vaughan's fast-paced, richly detailed financial thriller tells the real story of how it happened, who was at the center of it, and what it all means. You'll want to read it in one sitting." (Bethany McLean, coauthor of The Smartest Guys in the Room)
"An elegant and fast-paced narrative about one of the more obscure and mysterious financial anomalies. Through meticulous reporting and a gripping story, Vaughan has filled in many of the missing pieces. You won’t be able to put it down." (William D. Cohan, author of Four Friends and House of Cards)
"A fascinating journey through the heart of the financial markets and the battle between man and machine in the search for trading profits." (Bradley Hope, coauthor of Billion Dollar Whale)
What listeners say about Flash Crash
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
-
Overall
-
Performance
-
Story
- Brian White
- 2020-11-27
Listen to this book if you've ever bought a stock!
Incredible story! There needs to be a movie about Nav right now. This is one of those stories you can't believe is true.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Roberta W
- 2023-10-14
Intriguing
Really enjoyed this audiobook (and the author narrated his own work well). Engaging as a story about stock trading scams could possibly be. And yes, there is someone still living with their parents doing what no one can imagine online… Interesting outcome!
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Anonymous User
- 2024-04-10
Flowed very nicely. Easy to listen to.
A great book to listen to. Had no problem listening non-stop. Definitely suggest it if you like a good story.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- NewMom1520
- 2023-02-20
Gripping
This story was very interesting and kept me engaged throughout. What a story!
The descriptions of the market related technical things were made as user friendly as possible.
I really enjoyed this and will relisten to this one.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!