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Ringing In the New: Market Data in a New Data Market

Joe Mansueto

Ten years ago Morningstar was tracking fewer than 100,000 securities. Today, that number has grown almost four-fold to more than 385,000 investment offerings—including stocks, mutual funds, and similar vehicles—along with providing real-time global market data on more than 9 million equities, indexes, futures, options, commodities, and precious metals, as well as foreign exchange and Treasury markets. Morningstar processes approximately 6.3 billion data updates daily, and this will continue to

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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.

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