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Prime Time For Primex

TRADING TECHNOLOGY

What does Primex offer that sets it apart from the cluttered field of alternatives? A chance to play fair, and still internalize. >

Creating an electronic auction trading platform may seem counter-intuitive as the number open-call exchanges continue to dwindle, but not for NASDAQ, which operates Primex Trading’s Primex Auction System. After a two-year pilot run, beginning in December 2001, this February, the Securities and Exchange Commission gave the trading platform the permanent right to

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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.

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