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ORDER MANAGEMENT SYSTEMS

Charles River and TradeWeb Ready Fixed Income Link

TradeWeb and Charles River Development are slated to announce this week that they are readying a free, FIX-based interface between Charles River's order management system and TradeWeb's online TradeXpress network for fixed-income trading allocation and confirmation. Analysts say the agreement may be a harbinger of things to come and expect to see order management systems partnering with fixed-income alternative trading systems.

The link from the

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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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