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SFB Market Systems Takes Legal Action over Symbol System

NEW YORK - New Jersey-based options symbology software provider SFB Market Systems has filed a law suit against seven US options exchanges and an options clearing group, claiming they have infringed the SFB copyrighted computer software programs.

The exchanges and clearing group, which either declined to comment or did not respond by press time, include International Securities Exchange, Chicago Board Options Exchange, Boston Options Exchange Group, NYSE Arca, Nasdaq Stock Market, American Stock

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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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