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HUMAN FACTORS

HUMAN FACTORS

CANTOR’S FRY TO HEAD TRADESPARK

Tradespark, an electronic energy commodity marketplace formed by eSpeed, Cantor Fitzgerald and five of the largest US energy producers/distributors, has named Harry Fry to the position of president. Fry was senior managing director and head of Cantor’s global energy and derivative brokerage and market data businesses. He replaces managing director Michael Williams, who is leaving to pursue other interests.

OSLO BORS NAMES SJO TO HEAD NEW DEPARTMENT

Oslo Bors senior

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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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