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08/04/03

BRIEF OBJECTS

ROYALBLUE HAS DROPS IN PROFIT, REVENUE

Electronic trading technology vendor Royalblue reported a five percent revenue drop and a 10 percent dip in operating profit for the first six months of the year, compared with H1 2002. In the six months to June 20, 2003, revenue declined by 5 percent to £27.9 million ($44.9 million), from £29.3 million ($47.2 million) for the corresponding period last year, while operating profit fell by 10 percent to £3.5 million ($5.6 million) from £3.9 million ($6.3

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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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