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Colt Prepares Fastnet Ultra Service

On average, the net impact of Colt's infrastructure investments will be a latency reduction of between 30 and 40 percent for most point-to-point connections across its network, says Terry Quigley, head of financial services at Colt.

The investments-which are designed to ensure that Colt can offer the fastest data delivery within metropolitan areas and between European cities-comprise a range of initiatives, including the recent rollout of digital optical network switch technology from Sunnyvale

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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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