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EDX London to Adopt New Engine

EDX London currently employs the Click XT trading from Nasdaq OMX, says an LSE spokesperson. The equity derivatives business was developed by the LSE and OMX in 2003. However, the LSE purchased Nasdaq OMX's stake in the venture in December 2008.

According to officials, the Sola deployment will provide lower latency and richer functionality. The system can run 200,000 price updates per second per processing unit and deliver an average response time of less than 1 millisecond, according to the LSE

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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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