26 Oct 2013, 16:42

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

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

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

The actual loss was \$465M, as opposed to \$172,222. Regardless, it’s a good read.

pythonsweetness:

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…

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