4 ms·
Case in point: https://en.wikipedia.org/wiki/Knight_Capital_Group https://en.wikipedia.org/wiki/Knight_Capital_Group
by c7DJTLrn 3y ago
Case in point: https://en.wikipedia.org/wiki/Knight_Capital_Group https://en.wikipedia.org/wiki/Knight_Capital_Group
- HDThoreaun 3y agoI believe that knight was not a fat finger
- c7DJTLrn 3y agoSorry, you are correct. It does demonstrate how brittle things can be at large funds though.
- xyzelement 3y agoThe number of things that had to go wrong at the same time in the Knight case was large as far as I remember.
- lokar 3y agoI’ve seen straight up attempts to sell a massive amount of a major stock at ~0 due to a single bug and failure of backup checks.