NEW YORK , NEW YORK , March 3, 2008 – NYSE TransactToolsSM, a subsidiary of NYSE Euronext (NYSE Euronext: NYX ), today announced that Track ECN is available via SFTI®. Track ECN is an electronic communications network that allows traders to display and match limit orders for stocks. It offers routing to major markets, book feed showing depth of book, and multiple order entry choices that help provide additional sources of trading liquidity and best execution pricing.
Track ECN Available via SFTI
"We are pleased to announce our new SFTI market center connectivity, offering our clients additional access options to our exceptional suite of trading services and Track ECN," said Joe Schultz, Vice President of Track ECN.
Created in 2002, SFTI is the highly resilient, ultra low latency communications backbone dedicated to the financial industry. It offers connectivity to the NYSE as well as other exchanges, market centers and content service providers including all of the National Market System markets in the U.S and also connects to over 800 market participants, providing open, standards-based access for data and trading.
"We are pleased to welcome Track ECN to our rapidly expanding community of liquidity and service providers on the SFTI backbone, said Lou Modano, Senior Vice President NYSE TransactTools. “Consistent with our strategy of providing the industry’s leading open and neutral platform for liquidity access, adding Track ECN further increases the options available to our customers.”
About NYSE TransactToolsSM
NYSE TransactTools, a wholly owned subsidiary of NYSE Euronext (NYSE Euronext: NYX), provides financial markets and market participants with an open, low latency, and neutral platform for global trading connectivity that improves liquidity and reduces risk. The synergistic high performance environment, software and network facilitate DMA trading and market data dissemination between market centers, traders and third party service providers. Firms can access liquidity globally through a single technology platform with extremely low latency. The combination of the SFTI connectivity backbone with the transaction management capabilities of TCM6, provides a flexible platform for services from the physical layer up through message routing and translation, monitoring, configuration and market data dissemination. 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. For more information, visit www.nyse.com/transacttools.
About Track Data
Track Data is a New York-based financial services company that provides direct access brokerage, real-time financial market data, news, and research to institutional and individual investors. The company also owns and operates the Track ECN, an electronic communications network that allows traders to display and match limit orders for stocks. For professional investors, Track Data Securities offers proTrack, a direct access trading platform with fully integrated market data. proTrack offers unbiased trade routing, allowing clients control over where their orders are sent. proTrack is also available to broker-dealers under a service bureau arrangement as an execution platform. For more information, visit www.trackecn.com.
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.