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Verizon Speeds NY-Chicago Data

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US telecom giant Verizon has rolled out a low-latency service connecting New York and Chicago, dedicated to the data and trading needs of banks, hedge funds and market makers, leveraging Ciena’s 6500 Packet-Optical Platform for fast and reliable data exchange to deliver roundtrip latency of 14.5 milliseconds. CME Group will utilize the network to enable low-latency connectivity between its Aurora, Ill. co-location center and firms in Chicago and New York.

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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

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Solving the last line of latency

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