The speed of a flash crash is one of its defining characteristics. Prices can drop rapidly, often in a matter of:

- Minutes

- Seconds

- Even milliseconds

This extreme speed can make it difficult for market participants to react and respond to the sudden market move. The rapid price drop can be exacerbated by:

- High-frequency trading algorithms

- Automated sell orders

- Market momentum

The speed of a flash crash can lead to:

- Increased volatility

- Market confusion

- Investor panic

- Liquidity crises

- Systemic risk

Understanding the speed of flash crashes is crucial for developing effective risk management strategies and mitigating their impact on financial markets.