In the first 45-minutes the market was open the faulty software deployment sent millions of child orders into the market resulting in 4 million transactions against 154 stocks for more than 397 million shares. In laymen’s terms, Knight Capital Group realized a $460 million loss in 45-minutes and went from being the largest trader in US equities and a major market maker in the NYSE and NASDAQ to bankrupt.
Most of my life I’ve been a fan of strategy games – Risk®, Age of Empires, even Checkers. These games all demand that the player has a solid strategy, or they will likely be defeated by their opponent. Anyone playing without a strategy is just executing random actions based on feeling or intuition (or luck), […]
For any product group or organization to be successful they must know where they are going and how they are going to get there. I’m not talking about the product backlog or the release schedule – I am talking about something more abstract than that. Within the DNA of any product group or organization there […]
Today I am proud to announce the first update to Icenium since our v1 launch a month and a half ago. As a cloud-based solution, we have always planned for a regular cadence of product and service updates – continuous delivery of value, if you will. This v1.1 release represents our first step toward establishing […]
Icenium LiveSync enables you to easily deploy an app in development to one or more devices and see changes made–in real-time in both the integrated device simulator and across all connected devices–without having to recompile. In order for LiveSync to work, your development environment must be able to communicate with the device. For Android devices […]
In the past couple of days since I announced the release of Icenium, I’ve had a number of people asking me if it supports Windows Phone in addition to Apple iOS and Google Android. I suppose that is because nearly all other Telerik products are dedicated to the Microsoft technology stack, so it would be almost expected […]
Today is a day that my team and I have been looking forward to for a long time. Today I am happy to announce that Icenium, an Integrated Cloud Environment (ICE) for hybrid mobile app development, is now available to everyone! The Story Begins Back in July 2011, I left Microsoft and joined Telerik to […]
Seven days in and what is everyone asking? “How’s it going with your cloud-living experiment?” I’m not going to lie. It’s not going well. Instead of living in the clouds, I feel like I am living in the fog…like a cloud sitting on the ground…where things reside. Day 1 On Day 1 of my experiment I quickly […]