-Utilizes Patent-Pending Technology to Enhance Point-to-Point FIX Connectivity-
NYSE Technologies Launches Order Routing DirectSM Connectivity Service
New York, July 20, 2010 - NYSE Technologies, the global commercial technology unit of NYSE Euronext, today announced the launch of Order Routing DirectSM, its new, fully-managed point-to-point order routing service. Order Routing Direct uses patent-pending network technology that allows customers to seamlessly connect directly via FIX protocol with their trading counterparties and doesn’t require routing back to a centralized hub.
“Order Routing Direct provides our customers with fully-managed connectivity, broad FIX compatibility and revolutionary network technology to directly connect to any of the more than 650 broker dealers and 600 buy-side firms in the NYSE Technologies Marketplace community,” said Scott Fitzpatrick, Vice President, NYSE Technologies Marketplace. “We recognize that some customers have specific trading requirements that are not fully supported by the traditional hub-and-spoke service model used around the industry. By coupling that model with Order Routing Direct, NYSE Technologies has become the only provider to offer customers the value of two complementary connectivity services.”
Order Routing Directoffers support for every trading workflow using the FIX protocol standard. With unparalleled technology and NYSE Technologies white glove client service and support, Order Routing Direct provides a fast solution for on-boarding trading destinations. This point-to-point service features enhanced recovery, troubleshooting, redundant and resilient solution support, enhanced network routing, and the ease of compatibility with any infrastructure. With direct access to the more than 1,200 participants in the NYSE Technologies Marketplace community, Order Routing Direct eliminates the need to coordinate with multiple networks and service providers. Additionally, current Marketplace customers can use this service with no changes to their existing infrastructure.
For more information on NYSE Technologies products, please visit: http://www.nyse.com/technologies
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 2009 ("document de référence") filed with the French Autorité des Marchés Financiers (Filed on April 22, 2010 under No. D.10-0304), 2009 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.