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

How to lose $172,222 a second for 45 minutesThis 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.

via python sweetness — How to lose $172,222 a second for 45 minutes.

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