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My first job out of college was at a small HFT firm. The night before rolling out my first changes is forever imprinted in my memory. Lots of tossing and turnin
by dhyasama 14y ago
My first job out of college was at a small HFT firm. The night before rolling out my first changes is forever imprinted in my memory. Lots of tossing and turning and images of exactly this kind of disaster.
- danso 14y agoHow did its testing/security practices measure up to other places you've worked? I understand that the tech division of a financial firms might be top notch, but the culture of the moneymaking dept. may mismanage them.
- veyron 14y agoSEC/FINRA have required practices. The risk controls have to be firewalled from the trading desks precisely so that this type of blowup is contained.
- dhyasama 14y agoIs that new? Back then it was two devs and two traders in a room. See a problem? Press the big red button. Deploy change. Press the big green button. Cowboy style. I STRONGLY recommend against doing it this way. I was young and stupid and I'm pretty sure it took years off my life.
- veyron 14y agoThe issue regards naked access. At that time the broker had requirements. Now that two-dev shop has to worry about risk etc.