Wed Feb 5 21:59:17 2020
<5547a085> <https://dougseven.com/2014/04/17/knightmare-a-devops-cautionary-tale/|https://dougseven.com/2014/04/17/knightmare-a-devops-cautionary-tale/>
— Knightmare: A DevOps Cautionary Tale
— In the first 45-minutes the market was open the faulty software deployment sent millions of child orders into the market resulting in 4 million transactions against 154 stocks for more than 397 million shares. In laymen’s terms, Knight Capital Group realized a $460 million loss in 45-minutes and went from being the largest trader in US equities and a major market maker in the NYSE and NASDAQ to bankrupt.
