Knight Capital Software Failure: Lessons for Juniors π₯οΈ
Knight Capital Software Failure: Lessons for Juniors π₯οΈ
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This coursework delves into Knight Capital's $440M loss in 2012 due to a software glitch, highlighting outdated code activation and risks in automated trading. It educates juniors on robust software development policies, emphasizing testing, deployment processes, and risk management in tech-driven systems.