News Releases

 
NYSE Euronext Advanced Trading Solutions Introduces the SFTI Community Platform
-NewPlatform for SFTI® Users to Access External Technology Providers and Services-
-UNX’s MetaBook®Enhances Floor Brokers’ Ability to Route and Execute Orders-
-Progress Software to Offer Apama® CEP Platform-

NEW YORK , June 10, 2008 – NYSE Euronext Advanced Trading Solutions, a unit of NYSE Euronext (NYX), today announced the launch of its ground-breaking SFTI Community Platform. Enabling technology providers to offer products to trading firms via a hosted environment powered by NYSE Euronext Advanced Trading Solutions’ Secure Financial Transaction Infrastructure (SFTI)®.   The SFTI Community Platform is the industry’s first network offering customers global connectivity coupled with innovative third-party technology solutions.  With hundreds of firms already accessing global financial markets though the SFTI network, the SFTI Community Platform allows participating firms to quickly and easily “plug in” to access the value-added products and services offered by a broad range of technology providers.

“The introduction of the SFTI Community Platform marks a major innovation in the development, distribution and accessibility of financial services technology,” said Sam Johnson, Executive Vice President, NYSE Euronext.  “In developing this system, we wanted to join the largest collection of broker dealers and liquidity providers with the most inventive, value added software developers like UNX and Progress Software to create a customer experience unlike anything in today’s financial marketplace.  The SFTI Community Platform is a first-of-a-kind system that will allow our customers to be part of the most innovative technology environment complemented by superior connectivity to the largest, most accessible global liquidity pool in the world.”

UNX, a leading provider of technology and agency brokerage services to the buy-side and sell-side, has announced that it will become a participant in the new SFTI Community Platform.  Responding to interest from New York Stock Exchange trading-floor brokers, UNX will integrate its MetaBook product with the Broker Booth Support System (BBSS) hand-held devices, enabling them to route orders from their hand-helds to other markets for the first time.   This will greatly expand floor brokers’ ability to locate and access liquidity on behalf of customers.

“With the UNX Advanced Market Access execution fabric, NYSE floor brokers have the best tools available to access the markets,” said Terry Dolan, principal of The Dolan Group.   Adding to this, Michael Rosen of UNX said, “By more effectively integrating their substantial liquidity with the rest of the markets, all members of the investment community are better served.”

Additionally, Progress Software’s Apama platform, the industry's leading CEP environment, is planned to be made available on the SFTI Community Platform.  Supporting applications that monitor rapidly moving event streams, detect patterns and take action - with sub-millisecond latency, the Apama CEP technology is the market-leading platform for algorithmic trading, enabling both sell-side and buy-side traders to leverage proprietary trading strategies, rather than rely on packaged "black box" algorithms.  The Apama "white box" platform puts control in the hands of traders, who can create, test, deploy, and manage their own algorithmic trading strategies.

Dr. John Bates, founder and general manager of the Apama division of Progress Software said: “The selection of the Apama platform by NYSE Euronext Advanced Trading Solutions further affirms Apama’s market leadership in delivering mission critical CEP-powered securities applications. The richness of the Apama CEP platform will provide traders with the algorithmic trading tools needed to continuously seek out the right liquidity and develop and execute trading strategies more rapidly than their competitors.”

The announcement of plans to make UNX’s MetaBook and Progress Software’s Apama products available over the SFTI network demonstrates NYSE Euronext Advanced Trading Solutions’ commitment to facilitating the creation and distribution of value-added trading solutions to customers through the first-of-a-kind, SFTI Community Platform. 

 

About NYSE Euronext Advanced Trading Solutions
A unit of NYSE Euronext (NYX), NYSE Euronext Advanced Trading Solutions is a leader in providing complete connectivity, data management and transaction solutions for trading firms, vendors and financial markets throughout the world. Offering a suite of comprehensive, best-of-breed commercial technology solutions that include advanced end-to-end market data management, global exchange connectivity and matching technologies, co-location systems, and super low-latency order routing capabilities, NYSE Euronext Advanced Trading Solutions' products attract and enable the free flow of liquidity for high-volume markets around the world. This unit operates SFTI, one of the world's largest, most reliable financial transaction networks; NYSE TransactTools, the high-performance, end-to-end connectivity software; and Wombat, offering the industry's most advanced platform for real-time market data distribution and integration.  With offices across the U.S. , Europe , Singapore and Japan , NYSE Euronext Advanced Trading Solutions' commitment to superior development, engineering and customer service has earned the trust to power the trading operations of hundreds of global financial institutions, including core technology for 17 of the world's 20 largest securities firms.  For additional information visit: http://www.nyse.com/tradingsolutions.

About UNX
UNX, an independent agency brokerage firm, fuses technology, innovative ideas, and market structure experience to create Advanced Market Access (AMA), the most unique trading platform in the industry. The AMA execution fabric is designed for active traders who need fined-grained control over their order-flow.  AMA is an evolutionary approach to accessing the increasingly complex market microstructure.  UNX is one of the few remaining independents offering a full range of services: Front-end technology, agency trading, middle-office, commission management, and transaction cost analysis. http://www.unx.com

Progress Software Corporation
Progress Software Corporation (NASDAQ: PRGS ) provides application infrastructure software for the development, deployment, integration and management of business applications. Our goal is to maximize the benefits of information technology while minimizing its complexity and total cost of ownership. Progress can be reached at www.progress.com or +1-781-280-4000.

Progress and Apama are trademarks or registered trademarks of Progress Software Corporation or one of its affiliates or subsidiaries in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners.



Contact: Eric Ryan
Phone: 212.656.2411
Email:  eryan@nyx.com