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I've worked on high frequency trading software infrastructure, including having been involved in serious bugs which lead to a lot of broken trades and lost mone
by tibbetts 10y ago
I've worked on high frequency trading software infrastructure, including having been involved in serious bugs which lead to a lot of broken trades and lost money, and would have said with anything like proper architecture and governance you can't lose $400 million in 30 minutes.
But Knight Capital did manage to lose $440 million in 45 minutes, due in large part to what I would call improper architecture and governance. So there you go. https://dougseven.com/2014/04/17/knightmare-a-devops-cautionary-tale/amp/ https://dougseven.com/2014/04/17/knightmare-a-devops-caution...