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The Behemoth Awakens

Although not on the same scale as the LSE's acquisition of Borsa Italiana under the leadership of then-CEO Clara Furse, these new strategic acquisitions-the latest being the possible purchase of Turquoise-will put the London Stock Exchange (LSE) on slightly more solid footing in terms of its global competitors. The Borsa Italiana purchase was a defensive acquire-or-be-acquired move by the bourse. These new deals will help the LSE expand and diversify its revenue stream by moving beyond a simple

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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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