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Cboe files near 24/5 proposal, Tradeweb expands algo execution, and more

The Waters Cooler: Finastra opens AI Center of Excellence, McKay Brothers and Quincy Data launch new services Down Under, and ICE introduces Private Credit Intelligence in this week’s news roundup.

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Credit: Pawel Czerwinski

Did y’all catch the blood moon a few weeks ago? From where I am in Malaysia, it should have been visible—the maximum eclipse was set for 7:33 pm Malaysia time. 

But alas, some things aren’t meant to be. It rained, and the moon was hidden—and no, I didn’t have a telescope to peek at it that way. For those that missed it, here’s a cool picture I found, taken in Idaho on March 3.

Nature Photo Announced this week

Finastra opens AI Center of

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AI won’t stay in its risk category

For the first time, JP Morgan filed a form 10-K listing AI as a standalone risk factor—a sign of how banks are rethinking previously defined risk categories and their overall risk profile.

‘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.

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