3min chapter

Flirting with Models cover image

LightSpringFox - Crypto Market Making (S5E2)

Flirting with Models

CHAPTER

Man in Technology Risk

In the high frequency space, system errors can lead to situations like we saw a couple of years ago where night capital group burnt through over 400 million dollars in just forty five minutes for when they pushed some code errors. Our philosophy all the time is, if anything looks off, just shut it down immediately. So turn it off first, ask questions later. And i think a lot of productive discussions come ot of that as to making the system safer.

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