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Intelligence versus Processing Power

FEATURE

Lawrence Barwick has taken a model approach to trading for more than a decade. The latest twist to his algorithmic methodology involves adding more human traders to the mix.

Lawrence Barwick has spent the previous fifteen years thinking about models. The last nine of those years have been spent at the Bank of America’s London offices, where Barwick has been using models to help generate revenue for the bank’s proprietary trading division. Models, notes Barwick, aren’t particularly new. They have

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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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