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On a related note, Knight Capital lost $440 million due to a software bug a few years ago. http://www.bloomberg.com/news/articles/2012-08-02/knight-has-all-han
by fahimulhaq 11y ago
On a related note, Knight Capital lost $440 million due to a software bug a few years ago.
http://www.bloomberg.com/news/articles/2012-08-02/knight-has-all-hands-on-deck-after-440-million-bug http://www.bloomberg.com/news/articles/2012-08-02/knight-has...
- HolyLampshade 11y agoBlew up the whole firm actually, and was more closely related to change management policies and systems monitoring. The SEC order there is an interesting read for anyone involved in large scale transactional systems: https://www.sec.gov/litigation/admin/2013/34-70694.pdf https://www.sec.gov/litigation/admin/2013/34-70694.pdf