Bot Gaffe bots gone wild, catalogued

Algorithms · August 2013

Goldman Sachs's Config Error Fired 16,000 Bogus $1 Orders

A configuration error at Goldman Sachs turned contingent orders into 16,000 live $1 orders, triggering about 1.5 million option-contract executions within minutes.

Source: Marketplace

goldman-sachstrading-glitchoptions

← All gaffes