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Peter Farley has left Thomson Global Markets (TGM), where he was managing director for Europe, Middle East and Africa. Farley joined TGM in January 1999 as global products director.

There has been some movement within IPC Communications and its Ixnet subsidiary this week. Ixnet chief financial officer James Demitrieus has been appointed president and chief operating officer of both companies. He has also been named director of the Ixnet board. He succeeds president Gerald Starr, who will

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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.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

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.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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