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Neonet, Orange, Chi-X

NEONET LAUNCHES DARK LIQUIDITY ALGO

Agency brokerage Neonet has launched a dark liquidity-consolidating algorithm, dubbed Neonet Dark. Available in the firm's Neonet Trader execution management system (EMS), the algorithm systematically sweeps dark pools of liquidity for non-displayed liquidity. Neonet Dark connects to Bats Europe Dark Pool, Chi-X's Chi-Delta, the Irish Stock Exchange, Nasdaq OMX's Neuro Dark, NYSE Euronext's Smart Pool, Turquoise's Dark Pool and Deutsche Börse's Xetra Mid Point

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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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