News for hackers. Stuff that matters.

A comment on A high-frequency trading model using Interactive Brokers API in Python. Parent comment

Re:A high-frequency trading model using Interactive Brokers ... by PhantomGremlin on Tuesday June 09, 2015 @05:16PM (#9688596)
It's good that you lead with risk as #1. You know this, but many don't follow so closely. So here's a Wiki entry of a recent spectacular failure:

https://en.wikipedia.org/wiki/Knight_Capital_Group

The first sentence:

   The Knight Capital Group was an American
   global financial services firm
The key word is: was
[ Parent | on HN ]
Re:A high-frequency trading model using Interactive Brokers ... by toomuchtodo on Tuesday June 09, 2015 @09:00PM (#9689487)
As an infrastructure engineer doing DevOps currently, I use Knight Capital Group frequently as an example as why its important to always be in control of your application's environment.
[ Parent | on HN ]