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Jefferies Mulls Expansion Of Quantex Routing System

THIS WEEK'S LEAD STORIES

Following its acquisition of Integrated Analytics Corp., Jefferies & Co. is ramping up its QUANTitative EXecution (QUANTEX) order-routing system by trying to make it more accessible and efficient. The move is in response to the emergence in recent months of a number of systems that could give rival brokers similar capability to QUANTEX.

QUANTEX routes Jefferies' institutional clients' orders via Jefferies to the New York Stock Exchange's SuperDot, using Integrated Analytics' MarketMind decision

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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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