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New Ventures of an Old Exchange

Cover Story

It is one of London's oldest financial institutions, yet the London Stock Exchange (LSE) has the appearance of a vigorously commercial and entrepreneurial business. Its glass-fronted headquarters beneath the shadow of St. Paul's Cathedral in Paternoster Square, where the exchange has been based for the last four years, are a far cry from the crowded coffee shops where share trading first began in London in the 17th century. The LSE, like its rival international exchanges, is naturally a

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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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