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Tullett Takes Thomson Reuters' TRTN for FX Options

London-based interdealer broker Tullett Prebon went live last month with Thomson Reuters' trade messaging hub, Thomson Reuters Trade Notification (TRTN), for real-time delivery of foreign exchange (FX) options trade notification, according to Tullett officials.

The new service replaces Tullett's internally developed straight through processing (STP) technology used with a small group of clients, says David Perkins, managing director in electronic broking, EMEA, at Tullett Prebon in London. "The

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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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