2 ms·

It had some pretty long term negative effects for Knight Capital.

• kasey_junk 7y ago
  Knight didn’t suffer from a flash crash. They suffered from a operational risk incident. This is literally something that professionals price into their trades. The long term negative ramifications were nothing. The next day a new firm was running the same trades under the same name.
  • cheez 7y ago
    I thought Knight got bought out a year later?