// Mr Sarao, 37, is accused of contributing to events on 6 May 2010, when the Dow Jones share index briefly fell more than 1,000 points.
Mr Sarao traded on the Chicago Mercantile Exchange from his parents' home near Heathrow Airport in London.
The flash crash on 6 May 2010 temporarily wiped nearly $1 trillion off the value of shares.
US authorities want Mr Sarao to stand trial on 22 criminal counts.
Mr Sarao's spoofing netted him a profit of $40m (£28m), they argue.
The charges that Mr Sarao faces carry sentences totalling a maximum of 380 years. //
Thank you Tora for sharing that with us, it is hilarious.
It's no wonder the financial collapse originated in the US when some twerp can single-handedly wipe a $TRILLION off of shares in the US from his mums back bedroom in Basingstoke. This exposes a serious flaw in their systems. Imagine what havoc he could have caused if he had been a terrorist intent on damaging the US economy.
I aY, give him a medal.