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August 7, 2012 - Perhaps They Should Have Tested More - Knight Capital

Posted in QA

 

Perhaps Knight Capital Should Have Tested More

Last Wednesday, Knight Capital rolled out a change to its trading software. It contained bugs that caused unauthorized offers to buy and sell shares. Knight had to sell stocks that it accidentally bought - causing a $440 million loss. They considered filing for bankruptcy, but eventually settled on a painful rescue plan.copyrightjoestrazzere

 

 

Read more at:

http://www.allthingsquality.com/2012/08/perhaps-they-should-have-tested-more.html


 



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