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This Week: UBS/JPM/FlexTrade, Ice, QuantCube & more

A summary of the latest financial technology news.

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UBS Asset Management and JP Morgan complete first trade on FlexFI

FlexTrade Systems has announced its first direct EU electronic execution between UBS Asset Management and JP Morgan. The transaction took place on the company’s fixed income EMS solution FlexFI.

JP Morgan will deliver differentiated electronic liquidity directly to UBS Asset Management via FlexFI, allowing UBS to source liquidity directly from their key liquidity providers with the aim of improving efficiency and best execution

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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.

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