Adding More ING Connections Marks an Expansion Milestone for this Global Trading Community
NYSE Technologies’ Marketplace™ Surpasses 10,000 Order Routing Channels
NEW YORK – Jan. 11, 2010 - NYSE Technologies, a leading provider of trading technology solutions and a unit of NYSE Euronext, today announced that the total number of direct order routing channels available in the NYSE Technologies’ Marketplace™ has now surpassed 10,000. As one of the industry’s largest and most diverse FIX-based trading communities, the Marketplace connects more than 430 buy-side and 600 sell-side members from around the world. ING, a leading buy-side institution and long-time customer of the NYSE Technologies’ recent acquisition, NYFIX, represented the 10,000th channel.
"We are very excited to count ING among the many great customers that have helped us achieve this key milestone," said Bob Moitoso, Senior Vice President, NYSE Technologies. "With every new participant and channel added to the Marketplace comes greater liquidity and improved execution quality for everyone connected. We are committed to expanding the Marketplace by providing firms with a turnkey solution backed by superior support and customer service."
"Becoming a member of the NYSE Technologies Marketplace has provided us with increased access to global capital markets through an expertly managed community of value-added products and services," explained Nanette Buziak, Head of Equities Trading and Senior Vice President, ING. “NYSE Technologies has worked closely with us to ensure we have access to an effectively designed and managed service, backed by the highest levels of customer service and reliability. As a long-standing Marketplace participant, we're thrilled to represent the 10,000th order routing channel."
The NYSE Technologies Marketplace is one of the industry’s leading, fully managed FIX-based trading communities. Marketplace members benefit from access to a wide range of liquidity sources, lower trading costs, and unparalleled speed-to-market with new trading counterparties and services. Available as a neutral, flexible and fully-managed electronic trading solution supported by the industry's most experienced FIX specialists, the NYSE Technologies’ Marketplace offers customers the benefits of FIX order routing, certification, version translation coupled with extensive training and educational programs.
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About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies provides comprehensive transaction, data and infrastructure services and managed solutions for buy-side, sell-side and exchange communities that require next-generation performance and expertise for mission critical and value-added client services. 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, and Asia , 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
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 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 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.