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Serious SGX disruption

uvwxyz

Alfrescian (Inf)
Asset
- Investigations found that SGX's market disruption was caused by a disk failure and an application that did not detect the problem. The disruption was prolonged due to challenges in the orders and trade reconciliation process.


Many people lost money as a direct result of this.
 

Satyr

Alfrescian
Loyal
- Investigations found that SGX's market disruption was caused by a disk failure and an application that did not detect the problem. The disruption was prolonged due to challenges in the orders and trade reconciliation process.


Many people lost money as a direct result of this.

What app do you need to monitor a failure ? When something is not working, there's no more definite signal. Where's the backup ?
Their IT heads are idiots.
 
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