--Leading European Exchange Taps NYSE Technologies for Data Delivery Solution--
SIX Selects NYSE Technologiesí Exchange Data Publisher to Deliver Real-Time Market Data
London, 24th April, 2009 – NYSE Technologies, a global leader in low-latency market data connectivity delivery solutions, today announced that the SIX Swiss Exchange (SIX) has selected the Exchange Data Publisher (XDP) as its data delivery solution. XDP has a unique suite of software components designed to ensure innovative exchanges and other liquidity pools meet their market data delivery challenges.
The launch of XDP is the result of more than two years of collaboration between SIX and the NYSE Technologies’ Exchange Solutions Division. XDP leverages NYSE Technologies’ core high-speed market data technology to offer a highly robust, scalable and flexible solution to data management and delivery.
SIX Swiss Exchange have introduced the SWXess Trading Platform to deliver greater capacity, reduce latency and facilitate increased levels of algorithmic trading. SIX is using XDP to provide the SWXess Market Data Service (MDS) module. XDP acquires market data from SIX’s internal systems, normalizes and groups it then quickly and reliably distributes it to SIX members. It also provides the operational and maintenance components for monitoring and control, in addition to a framework for delivering new ‘service packages’ quickly and easily to the market.
With XDP, liquidity providers can utilize an off-the-shelf infrastructure to deliver data in a variety of protocols and formats including NYSE Technologies’ Universal Trading Platform Market Data format. Its module architecture supports the addition of value-added content, new products and advanced bandwidth management features. XDP also fully supports NYSE Technologies new cutting-edge Data Fabric middleware to super-charge performance.
“Continuing to find ways to improve our services and extend our capabilities is of paramount importance to SIX,” said Chris Landis, Head of the Information Technology Division at SIX. “Working with NYSE Technologies to implement the Exchange Data Publisher (XDP) allows us to move forward with the confidence that our market data infrastructure can process rapidly growing market volumes while maintaining extraordinarily low latency.”
“The consistent rise in global market data volumes, programmatic trading and fragmented liquidity all fuel the need for ultra-low latency, flexible data management and a scalable market data delivery strategy. Exchange Data Publisher (XDP) allows exchanges to meet these demands today and plan for tomorrow,” remarked Stephen Morrow, VP Exchange Solutions at NYSE Technologies. “We will continue to collaborate with innovators like SIX to ensure that our solutions meet the challenges of this rapidly evolving marketplace.”
Notes to Editors
About SIX Swiss Exchange
SIX Swiss Exchange is one of the world’s leading and most technologically advanced securities exchanges. It provides customers with first-rate securities exchange services and brings together participants, issuers and investors in an efficient and transparent marketplace. In addition to the broad palette of products it offers, the SIX's integrated, fully automatic trading, clearing and settlement system is indeed convincing. www.six-swiss-exchange.com.
SIX Swiss Exchange is a subsidiary of SIX Group. On a worldwide scale, SIX Group offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.
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 NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit: www.nyx.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 2007 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2008 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.