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From: "Nasser M. Abbasi" <nma@12000.org>
Newsgroups: comp.lang.ada
Subject: Re: A new name for software failure : the glitch
Date: Fri, 10 Aug 2012 07:42:23 -0500
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Date: 2012-08-10T07:42:23-05:00
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On 8/4/2012 1:18 PM, francois_fabien@hotmail.com wrote:
> In finance, software failure can be very expensive very fast.
> http://dealbook.nytimes.com/2012/08/02/knight-capital-says-trading-mishap-cost-it-440-million/
>

fyi;

AdaCore issued statement on this error:

August 07, 2012

http://eon.businesswire.com/news/eon/20120807006365/en/AdaCore/Knight-Capital-Group/high-frequency-trading

some quotes

"It's clear that Knight's software was deployed without adequate verification."

"What is needed is a change in the way that such critical software
is developed and deployed."

"the aviation industry has demonstrated that safe, reliable real-time
software is possible, practical, and necessary"

May be this is a good chance for Ada to get into financial software, which
is now dominated by weakly typed and much less robust languages.

--Nasser