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FORMER BRIDGE EXECUTIVE BARNES JOINS REUTERS

Ken Barnes will be joining Reuters as director of business development in the CTO office. In this capacity Barnes will be managing the company’s relationship with Microsoft. Previously he was director of capacity trading systems at Nextset Software. Prior to this role Barnes was global marketing manager of datafeeds and integration at Bridge.

NOACK, EX-BRIDGE, JOINS TELEKURS’ US SALES TEAM

Katie McGarry Noack has left Bridge to join the sales team at

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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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