Need-to-Know Notes: On August 1st, 2012, an engineer at Knight Capital deployed a software update to seven of his company's eight trading servers. In 2012, a single software deployment error bankrupted the largest trading firm on Wall Street in less than an hour.
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Guide Important Details
Today we talk about the infamous Knight Capital disaster, where a small deployment error led to financial ruin. In this video, we take a deep dive into the disaster that occurred at Knight Capital Group, an American global financial services ... In 2012, a single software deployment error bankrupted the largest trading firm on Wall Street in less than an hour.
Guide Summary
In 2012, a single software deployment error bankrupted the largest trading firm on Wall Street in less than an hour. On August 1st, 2012, an engineer at Knight Capital deployed a software update to seven of his company's eight trading servers.
Overview Background
In 2012, Knight Capital Group was one of the largest market makers on the New York Stock Exchange, executing In 2012, one software deployment mistake caused a Wall Street company to lose A critical coding error during a new code deployment led to the firm losing
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Important details found
- In 2012, Knight Capital Group was one of the largest market makers on the New York Stock Exchange, executing
- A critical coding error during a new code deployment led to the firm losing
- In this video, we take a deep dive into the disaster that occurred at Knight Capital Group, an American global financial services ...
- Today we talk about the infamous Knight Capital disaster, where a small deployment error led to financial ruin.
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