News Releases

Direct Edge Now Available on NYSE Technologiesí SFTI Network
-NYSE Technologies’ SFTI Network Now Links to All Displayed U.S. Equity Markets-

March 10, 2009  – NYSE Euronext’s (NYX) commercial technology unit, NYSE Technologies, today announced that its Secure Financial Transaction Infrastructure® (SFTI®) network has completed connectivity to the Direct Edge, the fourth largest U.S. equities marketplace.  SFTI continues to be the leader in low-latency connectivity for U.S. markets and increasingly in Europe where the SFTI network is being expanded aggressively.

“Our customers have found the SFTI network to be such a fast and secure network that they’ve requested that we help them connect to every market they participate in.   By making Direct Edge’s    three highly active trading platforms - EDGA, EDGX, and the ISE Stock Exchange - accessible over the SFTI network we further demonstrate our commitment to doing just that and gives us 100% coverage of the displayed U.S. equity markets,” said Ken Barnes, Vice President, Global Connectivity at NYSE Technologies.  “NYSE Technologies has a bold vision for aggressively expanding SFTI to create the premier network linking all markets and market participants throughout the world and we’re executing on that goal.”

“Our connection to the SFTI network is an important step in our continuing evolution as a major market center,” said Steve Bonanno, CTO of Direct Edge.  “We need to offer clients the best connectivity options available.  We are happy to be part of the SFTI network.”

NYSE Technologies’ SFTI network is the highly resilient, ultra low-latency communications backbone created for the financial industry in 2002.    It offers connectivity to multiple exchanges, market centers and content services providers including all of the National Market System markets in the U.S and also connects to over 1,300 market participants.   The SFTI FIX protocol provides open, standards-based access for data and trading. The OMS neutral FIX router enables customers to get to any destination connected to the SFTI network through a single FIX connection.

 

About NYSE Technologies 
A division of NYSE Euronext (NYX), NYSE Technologies is a leader in providing innovative software, market data products and data management applications, connectivity solutions, exchange technology, and transaction solutions for trading firms, vendors and financial markets around the world.  NYSE Technologies offers one of the most comprehensive suites of high quality commercial technology products that includes advanced messaging platforms, co-location services, ultra-low latency order routing and a one-of-a-kind hosted network community, all designed to enable the free flow of liquidity for the global marketplace.  This division operates four units: the Global Connectivity unit, offering one of the world's largest, most reliable financial transaction networks connecting firms and exchanges worldwide; the Trading Solutions unit, which creates and implements high performance, end-to-end messaging software and real-time market data distribution and integration products; the Exchange Solutions unit, which provides multi-asset exchange platform services, managed services and expert consultancy; and the Global Market Data unit, which offers a broad array of global market information products covering multiple asset classes.  With offices across the U.S. , Europe , Singapore and Japan , NYSE Technologies' advanced integrated solutions for a wide range of services has earned the ability to power the trading operations of global financial institutions and exchanges.  For additional information visit: http://www.nyse.com/technologies.

About Direct Edge
Direct Edge offers the next generation of displayed markets.  With U.S. cash equities volume routinely exceeding 1 billion shares per day, Direct Edge uses multiple ECN and exchange platforms and unique order types to match complementary forms of liquidity based on sensitivity to transaction cost, fill rate, fill speed, and contra-side sophistication, while maintaining high execution quality and low latencies.  Headquartered in Jersey City, N.J., Direct Edge is owned by a consortium that includes the International Securities Exchange, Knight Capital Group, Inc., Citadel Derivatives Group, The Goldman Sachs Group, and J.P. Morgan.  More information about Direct Edge is available at http://www.directedge.com.  Everybody Needs Some Edge.

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 and/or its affiliates 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 2007 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual Report on Form 10-K 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.

 

Contact: Rafi Reguer/Direct Edge
Phone: 201.942.8234
Email: rreguer@directedge.com



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