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Aegisoft Rolls Out Algo Back Tester

"It will allow people to measure the success of their algorithms against real-time or historical market data," says Steve Oppenheimer, director of marketing with Aegisoft. "They can see [their algorithm's performance] in their order book before they put them in production."

The new offering is based on technology that the vendor has been using in its Exchange Simulator product, which has been available since 2001, says Norm Friedman, a vice president with Aegisoft.

According to Friedman, unlike

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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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