Finance
Trading halts, algorithmic errors, bank runs, settlement failures, model risk.
- Incidents
- 21
- Top pattern
- emergent feedback
- In this index
- 3
- Fully analyzed
- 1
Where to start
These analyses, read in order, cover recurring failure patterns in this domain. Read them before filtering the full list below.
- 01Twenty-three lines of YAML and a half-billion-dollar morning
A retired flag was reused for new logic; one of eight deployment servers still had the old code.
All finance incidents in this index
Sort: newest first- 2023-03-10Interest-rate risk was managed assuming retail-paced deposit outflows; deposits left at Slack speed.SEV1designprocessemergent
- 2012-08-01A retired flag was reused for new logic; one of eight deployment servers still had the old code.SEV1configprocesshuman
- 2010-05-06A large futures order triggered a chain of HFT liquidity withdrawals; the market lost 9% in minutes.SEV1emergentdesign