How some Forex Brokers Went Bankrupt Overnight because of the EUR/CHF flash crash
The EUR/CHF “flash crash” of 2015 was one of the unforgettable events in the history of foreign exchange trading.
The crash caused unprecedented slippage in Euro and Swiss Franc currency pairs, bankrupting many FX brokers and leaving a huge number of traders with negative balances.
Trillion of dollars were wiped out from the financial markets within minutes of the crash and if you want to protect yourself from similar situations you should check out the Rapid Cash Accumulator.
The following Infographic briefly describes the causes, events, market reaction and aftermaths pertaining to the CHF crash.