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HUMAN FACTORS

HUMAN FACTORS

The London Stock Exchange has appointed Clara Furse as its new chief executive. Furse, a group chief executive of Credit Lyonnais, is the first woman to be appointed to the position in the exchange's 200-year history. A former deputy chairman of Liffe and a managing director of UBS, Furse replaces Gavin Casey, who stepped down in the aftermath of the exchange's failed merger with Deutsche Bourse. Observers expect Furse to push for a closer relationship between the exchange and the Liffe

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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.

The enshittification of AI

The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.

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.

MCP is dead, long live MCP

The Waters Wrap: Reb dives into the trenches of the online developer community to see whether its reputation as the great enabler of the AI age is justified.

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