$440M Lost: The Line of Code That Broke Wall Street

Dive into the riveting story of how a single line of code led to a $440M loss on Wall Street! In this captivating video, you'll explore the dramatic fall of Knight Capital Group, a key player in high-frequency trading, and learn about the critical role of Software Engineering in today's fast-paced financial markets. Discover the importance of AI, Automation, and Code Quality, as we unravel the events of August 1, 2012, when a routine software update spiraled into chaos. This incident underscores the significance of maintaining Technical Debt and utilizing Developer Tools like Git and GitHub to safeguard against catastrophic errors. Unleash the power of continuous learning and adaptability as you navigate the challenges of technology. Join our community and be part of the conversation—subscribe for more insights, like, comment, and share your thoughts on how to avoid such pitfalls. Let's build a future of robust and reliable software together!

CHAPTERS:
00:00 - Knight Capital Disaster Overview
00:10 - Incident Explanation
00:40 - Aftermath Analysis
01:30 - Key Lessons Learned

CHAPTERS:
00:00 - Knight Capital Disaster Overview
00:10 - Incident Explanation
00:40 - Aftermath Analysis
01:30 - Key Lessons Learned