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So Long to All That

Now that most people have a basic sense of what the environment will be like next year-lower budgets, reduced headcounts, more fractured liquidity and a desire for greater market transparency-financial technologists can better prepare themselves for it.

I'm sure there will be a few more surprises in store for everyone, even if they are not on the scale of disgraced Nasdaq veteran Bernie Madoff's Ponzi scheme or Credit Suisse's novel idea to give its senior executives holiday bonuses totalling $5

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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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