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Instinet to take Asian dark-pool plunge

Instinet's alternative trading system (ATS) operator Chi-X Global expects to launch its Chi-X Japan and Chi-East non-displayed trading platforms this summer. The new trading venues will be operated by the vendor's Chi-X Asia Pacific unit, which also plans to launch Chi-X Australia in the fourth quarter, says Ronald Gould, chief executive of Chi-X Asia Pacific. Chi-X Global is waiting for regulatory approval before launching the Chi-X Japan platform, which it began developing in November 2009.

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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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