[Darkphibre]

Reminds me a lot about the fascinating read of Knight Capital, and the $440M-in-28-min bug that lost them 75% of their equity.

Reminds me a lot about Knight Capital bug that cost them $440M in 28 min.

> Rogue orders seemed originated from the new RLP router code, but no one could pinpoint the bug.... they reverted to last-stable.... and even more trades executed than before.

https://www.henricodolfing.com/2019/06/project-failure-case-...

I remember a PDF that went into even greater detail, was a very good read.