Posts tagged devops

How to lose $172,222 a second for 45 minutes

sotware, devops, bug, HFT, algotrading, losses, knoght capital, fragility

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

http://pythonsweetness.tumblr.com/post/64740079543/how-to-lose–172–222-a-second-for–45-minutes