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Author Topic: How to lose $172,222 per second for 45 minutes  (Read 623 times)

wraith808

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How to lose $172,222 per second for 45 minutes
« on: April 01, 2019, 02:01 PM »
This is probably the most painful bug report I've ever read, describing in glorious technicolor the steps leading to Knight Capital's $465m trading loss due to a software bug that struck late last year, effectively bankrupting the company.

The tale has all the hallmarks of technical debt in a huge, unmaintained, bitrotten codebase (the bug itself due to code that hadn't been used for 8 years), and a really poor, undisciplined devops story.

Read more here.