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The More, the Merrier

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The merger of the New York Stock Exchange (NYSE) and the Archipelago Exchange makes sense to industry observers when they consider economic forces and changes in the structure of the industry. If all goes as planned, the combined entity, NYSE Group, will be able to achieve economies of scale and increase margins, while investors will benefit from improved liquidity. Once the exchange goes public, it will be in a better position to respond to market forces, but it will also need other sources of

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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.

Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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