Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. categorize the causes of the events at knight capi

Categorize the causes of the events at Knight Capital on August 1, 2012, into policy, governance,...

50.1K

Verified Solution

Question

General Management

Categorize the causes of the events at Knight Capital on August1, 2012, into policy, governance, process, and people failures.

Answer & Explanation Solved by verified expert
3.7 Ratings (313 Votes)
Knight Capital It is a specialized firm that executes the trades for retail brokers On august 1st 2012 it lost almost 440m in cash due to faulty test of new trading software Here are the serious of events occurred on that particular day As per Nanex that offers forensic analysis has experienced a strange behavior on that D day In trading generally there would be always a some gap    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

At the .01 significance level, does the data below show significant correlation? x y 5 22.78 6 21.22 7 20.96 8 26.8 9 24.34 10 15.28 11 12.82 12 10.86 13 9.2 Yes, significant correlation No **Please explain why...

Statistics
Q

Exercise 1: A positronium is a bound electron positron state, where the electron is rotating around...

Physics
Q

It is sometimes said that the universe is homogeneous and isotropic. What is meant by each...

Physics
Q

During embryonic development red blood cells begin to develop in patches called blood islands The...

Biology
Q

etermine which figure shows alternate exterior angles b 3 Figure shows alternate exterior angles f

Basic Math
Q

Find the length of the unknown side of the triangle ft The length of the...

Algebra
Q

What study strategy do you recommend for math? It would be nice if more than...

Accounting
Q

Using the balance sheet below, calculate working capital. Select one: (1,343.0) ...

Accounting
Q

Foto Company makes 7,000 units per year of a part it uses in the products...

Accounting
Q

Sabrina has decided to invest her savings in real estate. 20 months ago, she purchased...

Accounting
Q

Speedy Auto Repairs uses a job-order costing system. The companys direct materials consist of replacement...

Accounting
Q

If you invest $18,800 at an interest rate of 8.28 percent. How much will you...

Finance