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Options IT Reduces Latency in Fragmented Europe

Options IT achieved the reduction in six months by cutting its distance from the venues and increasing its bandwidth, say officials. The provider has invested in high-performance networking technology to put more information through the increased bandwidth, the officials say. Options IT has also shortened the length of the fiber cable it has running from its datacenters to exchange matching engines.

"Our European Velocity service already provided sub-millisecond access into the major European

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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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