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TT Targets Proximity-Based Trading Strategies

The new feature, which is set to go into beta testing in the next few months, will let users construct strategies and push them out to servers anywhere in the world using a graphical user interface (GUI), according to vendor officials.

"The objective is to try to get three feet away from the matching engine if possible," says Tom Haldes, senior product manager of automated trading at TT. "Although people know us as a screen provider, what we are doing with high-performance, high-frequency

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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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