The October 2014 United States Treasury bond flash crash and the contributory effect of mini flash crashes.

PLoS One · 2017 · PMC5665520 · PMID 29091931

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highly significantno p-value reported

Given this model, we calculated that the probability of observing 13 mini flashes crashes within one three-minute window was exceedingly small ( p < 10 −8 ) and thus highly significant.

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