Not a bug
August 8th, 2012 | Published in Uncategorized
Apparently the problem that I blogged about last week where Knight Capital lost $440 million in 45 minutes was not caused by a software bug. Instead, it looks like the program written to generate fake transactions while testing in the lab was accidentally included in the package when the trading program was moved to a live test. I wouldn’t want to be the person who put together that package.