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FPL Prepares Latency Working Group Launch

The decision to form the group was made at a recent annual FPL global steering committee strategy meeting, according to officials.

One of the challenges identified is measuring latency and how the information is obtained from both ends of a system, explains an FPL spokesperson. FPL officials say it is hard to take latency information from many disparate systems in disparate formats and compile meaningful numbers about where the time is being spent.

"FIX will use the standards to exchange

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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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