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With regard to alerts, I have written software that daytrades stocks, making a lot of trades over a lot of stocks. Let me assure you that not a single alert goe
by OutOfHere 2y ago
With regard to alerts, I have written software that daytrades stocks, making a lot of trades over a lot of stocks. Let me assure you that not a single alert goes ignored, and if someone said it's okay to ignore said alerts, or to have persistent alerts that require no action, they would be losing money because in time, they will inevitably ignore a critical error. I stand by my claim that it's what sets apart good employees from those that don't care if the business lives or dies. I think a role of management is to ensure that employees understand the potential consequences to the business of the code being wrong.
- steveBK123 2y agoYes, there was a recent story about (yet another) Citi "fat finger" trade. The headlines mentioned things like "the trader ignored 700 error messages to put in the trade", but listening to a podcast about it.. its more like awful systems that are always half broken is what ultimately lead to it. The real punchline was this - the trader confused a field for entering shares quantity for notional quantity, but due to some European markets being closed, the system had a weird fallback logic that it sets the value of shares to $1, so the confirmation back to the trader was.. the correct number of dollars he expected. So awful system designs lead to useless and numerous alerts, false confirmations, and ultimately huge errors.