The $440M software error at Knight Capital (2019)

Re:The $440M software error at Knight Capital (2019) by caffeine on Tuesday May 03, 2022 @02:10PM (#31251501)

Back when Flash Boys came out, we all started calling each other Flash Boys. There was then a serious proposal to rename one of the strategies (the hedger, for added irony) Grandma Annihilator 3000.

When the KCG thing came out, one of the new grads was renamed “Power Peg” for a few weeks.

I miss the 2010s. It was a lot more fun when people leaned into stuff instead of being scared all the time.

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Re:The $440M software error at Knight Capital (2019) by 22SAS on Tuesday May 03, 2022 @02:21PM (#31251643)

Hahaha, that is pretty cool. I don't think we'd do something like that, especially the "Power Peg" one, at my firm. Although, it'd be fun.

> I miss the 2010s

Ah, so true. I was in college and grad school during that period, would have been more fun to work in the industry back then.

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