The Knight Capital Disaster: losing 440M in 45 minutes (2023)

7 pointsposted 3 months ago
by datadrivenangel

2 Comments

Jtsummers

3 months ago

> Nanoseconds counted, so protobufs and JSON were too heavy here

Given when the software was developed, I'd be willing to wager that neither were an option when they developed the protocol they used. This is like writing about how some software from 1970 was written in FORTRAN instead of Java, surely it was for the performance...

user

3 months ago

[deleted]