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This Week: Clear Street, AXA/AWS, TD Bank/Google Cloud and more

A summary of the latest financial technology news.

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Clear Street launches clearing for market-makers 

Clear Street, a New York-based prime broker, has launched professional clearing services for registered market-makers in listed US equities and options, marking the first successful entry into the professional clearing market in nearly a decade.

Clear Street, founded in 2018, is a member of 29 US listed equity and options exchanges and was recently approved by the Options Clearing Corporation to provide clearing services to registered options

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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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