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Knight Capital: $460 million in 45 minutes

Name: Knight Capital: $460 million in 45 minutes
Uploaded: 2026-10-27T09:02:22.000Z
Duration: 3 min 1 s
Channel: Himanshu Kukreja
Description: How one server that missed a deploy, and a reused flag, woke up retired trading code at Knight Capital on 1 August 2012 and lost over $460 million in about 45 minutes.

How one server that missed a deploy, and a reused flag, woke up retired trading code at Knight Capital on 1 August 2012 and lost over $460 million in about 45 minutes.

01 · Seven of eight

Seven servers got the new code. One didn't.

Seven of eight servers

1 August 2012.