5 ms·
"We think the two periods of time when there was a sudden drop in trading (9:48 and 9:52) are when they restarted the system. Once it came back, the Tester, bei
by wtracy 14y ago
"We think the two periods of time when there was a sudden drop in trading (9:48 and 9:52) are when they restarted the system. Once it came back, the Tester, being part of the package, fired up too and proceeded to continue ..."
Ouch!
- bjork 14y agoI love dumb coders!
- deleted 14y ago[deleted]
- SkyMarshal 14y agoWorse dumb mistake I've ever made was to accidentally send a test email to several thousand live customers instead of the test accounts. That was a sinking feeling. But creating a bug that loses your company half a billion dollars in thirty minutes and bankrupts them, must be stomach-churning.
- davidmr 14y agoMuch, much worse than the bug in the market making algorithms was the design failure of not having some out-of-band mechanism to kill order traffic (or of said mechanism's failure to be tested adequately). This is a risk management failure much more than a programming error.