SFTI® is now a market center focused, OMS neutral FIX routing network
NYSE TransactToolsSM Launches SFTI FIX
NEW YORK, June 18, 2007 - NYSE TransactToolsSM, a subsidiary of NYSE Euronext (NYSE Euronext: NYX) today announced the launch of SFTI FIX, enabling industry standard FIX protocol message exchange over the SFTI® network backbone. Available July 1, SFTI FIX gives customers an OMS neutral FIX routing network to get to any destination through a single FIX connection and brings customers access to an ever growing universe of market centers. The SFTI FIX network connects to over 800 market participants, including all of the NMS markets in the United States.
Sam Johnson, NYSE Euronext Executive Vice President and CEO of NYSE TransactTools, commenting on the launch, said: “SFTI FIX is the next step for us in realizing our vision of building a global platform for Intelligent Trading Connectivity. With SFTI FIX, we are laying the foundation for a series of soon-to-launch innovations that will enhance our platform’s functionality and breadth of coverage in order to provide our customers the most efficient access to global liquidity”.
SFTI FIX is powered by TCM6, the latest release of the world's highest-performing platform for Trading Connectivity Management. Available immediately, TCM6 integrates high-performance message handling with a suite of operational and business tools for managing, monitoring and analyzing trading activity across any size or scale of deployment. Trading firms, financial markets, networks, and vendors all benefit from enterprise-wide, end-to-end control over transactional information moving between systems and across networks.
David Litner, SVP Engineering NYSE TransactTools, comments, “Our customers have the most demanding trading environments in the world, and have moved billions of orders through our platform. We’ve worked with our customers to adapt to their needs, and TCM6 is the culmination of this effort. We’ve improved upon user experience and performance, and also created a dramatic upgrade in platform functionality.”
New updates to the TCM platform include:
- Direct Market Access: High throughput, low latency messaging with in-line risk controls and trading activity reporting.
- Pre-Trade: An Indication of Interest (IOI) offering, including both manual and automated modes of operation, with sophisticated routing options.
- Distributed Server Management: Consolidated cross-enterprise configuration and improved monitoring to provide more flexible views of messaging gateways.
- FAST Support: Support for FIX Adapted for Streaming (FAST) to provide faster transport of messages.
For more information and data on NYSE TransactTools and other products, please visit: http://www.nyse.com/nysetransactools.
About NYSE TransactToolsSM
NYSE TransactToolsSM, a wholly owned subsidiary of NYSE Euronext (NYSE Euronext: NYX), delivers the broadest range of flexible end-to-end solutions for connecting enterprise systems, routing transactions, translating and validating messages, monitoring and analyzing real-time business activity, and testing high-performance trading applications. Providing core technology to 17 of the 20 largest securities firms in the world, in addition to providing communications infrastructure to hundreds of other firms, NYSE TransactTools is the leading provider of connectivity for the largest global liquidity pool.
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007 . NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined $28.5 trillion/€21.5 trillion total market capitalization of listed companies and average daily trading value of approximately $123.4 billion/€92.4 billion (as of March 31, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.