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Telerate killer? Market Data Corp. Ponders MDC2000 Development Dollars

THIS WEEK'S LEAD STORIES

Market Data Corp.'s secretive effort to develop the local data distribution system known as MDC2000 has reached a critical impasse where funds for further development have been effectively withheld until a prospective customer -- Micrognosis Inc. and Dow Jones & Co. are possibilities -- signs up to buy it. If and when MDC2000 gets off the ground, it will give Market Data Corp. the technological and legal foundation for distributing data without the help of Telerate Systems Inc.

Market Data Corp

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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.

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