One Forgotten Server Lost $460 Million in 45 Minutes

In 2012, a company updated the software on eight servers. It updated seven. 45 minutes later, it had lost $460 million. This is the story of the tiny mistake that nearly destroyed Knight Capital. 0:00 The tiny mistake 0:31 How Knight Capital made money 1:28 The forgotten code 2:44 45 minutes 4:51 The bill 5:27 The real lesson #KnightCapital #StockMarket #Explained