Today in Event Processing
Posted by The Progress Guys
In his most recent post, Dr. John Bates discusses the technology glitch that caused BATS share price to plummet within minutes of its first IPO. Comparable to an “own goal” blunder, Dr. Bates refers to the malfunction as a wakeup call, urging exchanges and trading destinations to perform extensive back-testing and market simulation to prevent such a problem from occurring in the future.
Check out his full commentary here.