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CESR Discusses Alternative Instrument Identifier

PARIS-The Committee of European Securities Regulators (CESR) is discussing the introduction of an alternative instrument identifier (AII) to help firms identify derivatives and meet the transaction reporting requirements of the Markets in Financial Instruments Directive (MiFID).

MiFID, which becomes law in Europe on November 1, has led to a debate on instrument identification, as ISIN codes do not allow for unique identification of all asset classes.

With less than two months to the deadline, CESR

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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.

Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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