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Spotlight on Richard Balarkas

Why did you decide to leave Credit Suisse AES for Instinet Europe (IE)?

The short answer is because it sounded easy.

Is there a longer answer?

Basically, when Tony Mackay (IE chairman and Chi-X Global chief executive) first started talking to me, asking if I wanted to take over his role as head of Instinet Europe, like a lot of people I was a bit confused at the time about what Instinet the broker actually was in Europe. There was the Reuters sale (of the firm) to Silver Lake, then from Silver Lake

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‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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