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Wombat Burrows On via New Platform

FRONT PAGE: TRADING FLOOR TECHNOLOGIES

INCLINE VILLAGE, Nev.—Direct feed vendor Wombat Financial Software is taking a major step forward in its effort to provide an independent, low-latency market data platform to meet the demands of electronic trading.

Toward that end, Wombat will launch its next-generation market data platform this week, signaling a move away from its product dependence upon Tibco Software’s Rendezvous (RV) messaging middleware, officials tell DWT. Wombat has been working to develop its own transport layer since

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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.

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