-The Fastest, Most Flexible Real-Time Data Delivery Platform-
BIDS Trading Selects NYSE Technologiesí SuperFeed for Global Data Feeds
May 18, 2009 – NYSE Technologies, the commercial technology division of NYSE Euronext (NYX) and a world leader in microsecond feed handlers, announced that BIDS Trading has implemented its SuperFeedTM product. SuperFeed is NYSE Technologies’ fully-managed data ticker plant offering the extensive global market coverage of the SFTI network combined with the proven microsecond latency and unmatched flexibility of the Data Fabric middleware.
"NYSE Technologies offers one of the world’s most comprehensive collections of products and services that meet nearly any set of needs in today’s fast-paced market," said Mark Schaedel, Senior Vice President, Global Market Data Products, NYSE Euronext. "The requirements for a platform like the one for BIDS Trading included extraordinary speed, unquestioned reliability and superior support. BIDS Trading’s decision to adopt SuperFeed validates our technology’s global coverage, flexibility and operational efficiencies."
"Having the most current market data feeds and technology are an absolute necessity for BIDS Trading and its users," said Tim Mahoney, CEO of BIDS Trading. "NYSE Technologies’ SuperFeed was the clear choice in terms of performance, cost and breadth of service across global markets. We are pleased to add their unmatched speed and reliability to our trading platform."
Offering an advanced suite of enterprise solutions for real-time market data distribution and integration, NYSE Technologies’ Feed Handler Suite provides microsecond data transmission via the SFTI network between global markets and more than 160 high-speed direct exchange and aggregated vendor feed handlers. Utilizing high capacity, multi-protocol messaging middleware, NYSE Technologies offers customers the fastest, most flexible engine for maximizing trading data from around the world. Highly adaptable and completely customizable, NYSE Technologies’ market data solutions can be offered as fully deployed, hosted, managed or on-demand services.
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 BIDS Trading
BIDS Trading, L.P. is a registered broker-dealer and the operator of the BIDS Trading Alternative Trading System (ATS), which was designed to bring counterparties together to anonymously trade large blocks of shares. Developed by a consortium of leading financial services firms, the BIDS Trading ATS resolves the classic paradox of the block trader – the need to find legitimate trading counterparties without prematurely revealing trading intentions. The BIDS Trading ATS is open to all qualifying broker-dealers and their institutional clients, subject to basic credit and regulatory requirements. For more information, visit www.bidstrading.com.
BIDS Trading is a joint venture of: Bank of America Merrill Lynch (NYSE: BAC), Citi (NYSE: C), Credit Suisse Group (NYSE: CS), Deutsche Bank (NYSE: DB), The Goldman Sachs Group, Inc. (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM), Knight Capital Group, Inc. (NASDAQ: NITE), Lehman Brothers (NYSE: LEH), Morgan Stanley (NYSE: MS), NYSE Euronext (NYX), and UBS (NYSE: UBS).
BIDS Trading and the BIDS Trading mark are protected in the United States and in countries throughout the world.
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), 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: Caroline Bujak