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21CTO
21CTO
Jan 2, 2016 · Operations

How a Single Deployment Mistake Cost Knight Capital $460 Million

A disastrous software deployment at Knight Capital left an outdated code path active on one server, causing millions of erroneous orders that wiped out $460 million in seconds and highlighted critical failures in testing, monitoring, and incident response processes.

Technical DebtTrading Systemsdeployment failure
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How a Single Deployment Mistake Cost Knight Capital $460 Million