# BoE paper scrutinises 2016 sterling flash crash - Central Banking

> A Bank of England staff working paper examined the October 2016 sterling flash crash in the sterling/dollar pair. It concluded that the latter stages of the price drop were unusual relative to traded volumes. The paper is a retrospective study with no new policy action.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/68721-boe-paper-scrutinises-2016-sterling-flash-crash-central-banking
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The paper concerns market microstructure and has no direct bearing on feed supply, demand or prices. It is background only for currency-hedging decisions.

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/financial-stability/fmi/3314861/boe-paper-scrutinises-2016-sterling-flash-crash

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.