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Literally everyone in quant finance knows about knight capital. It even has its own phrase; "pulling a knight capital" (meaning; cutting corners on mission crit
by valdiorn 3y ago
Literally everyone in quant finance knows about knight capital. It even has its own phrase; "pulling a knight capital" (meaning; cutting corners on mission critical systems, even ones that can bankrupt the company in an instant, and experiencing the consequences)
- shric 3y agoIndeed, it's used in onboarding material at my employer.
- mxz3000 3y agoYeap, it's used as a case study for us as to the worst case scenario in trading incidents. Definitely humbling.
- atomicnumber3 3y agoSame, we knew of it as the Knightmare too.