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Quod to Focus on Benchmarking Capabilities

"The platform is undergoing intensive testing cycles and is currently being beta-tested by one of our long-standing clients," says Dhiren Rawal, managing director with Quod Financial.

The upgrades to the new release focus on performance improvements and algorithmic trading, he says.

The statistical engine upgrade will help improve the system's current ability to assess the quality of execution in dark liquidity pools.

"Instead of sell-side firms sending three or four large orders into dark

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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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