The $440 Million Software Bug

[magazine]
Volume-Issue: 
2013-03
Article Summary: 

In August, Knight Capital Group lost $440 million in one day. But there weren’t any traders to blame—at least no human ones. The loss was the result of a software system upgrade gone awry. What can we learn from this and other software catastrophes in the financial sector, and how can we prevent them in the future?

Upcoming Events

Feb 20
Apr 29
Jun 03
Jun 25