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TRADEWEB ADDS THREE MORE TO TBA-MBS SITE

Tradeweb has brought three additional dealers onto its newly launched TBA-MBS online marketplace. Bear Stearns, Greenwich Capital and UBS Warburg have brought the total number of dealers participating on the site to ten. Launched in May, the TBA-MBS site has totalled more than $60 billion in trading volume, with an average trade size of more than $20 million per trade. Other dealers include Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, Lehman

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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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