News Releases

 
NYSE Technologies Expands SFTI Network to Mexico
--Adds Interacciones as Prime Destination--

New York and Mexico, Feb. 23, 2010 -- Interacciones Casa de Bolsa of Mexico (ICB) and NYSE Technologies, the commercial technology division of NYSE Euronext, today announced that ICB has joined the Secure Financial Transaction Infrastructure (SFTI) as a prime destination to Mexico.

“NYSE Technologies is excited to work with one of Mexico’s leading capital markets firms on a project that further opens Mexico to more global investors while also bringing the global markets closer to local investors,” said Stanley Young, CEO, NYSE Technologies.  “When combined with our industry-leading technology, global footprint and unparalleled customer community, Interacciones’ extensive coverage in Mexico and its focus on facilitating foreign investors in Mexico will enable us to jointly implement a new breed of direct market access solutions unlike anything available in the region.”  

Raúl Garduño, CEO and General Manager of ICB said “Connection to SFTI is an important step in a larger commitment to invest in next-generation electronic trading technologies. Buy-side clients in North America and Europe will have access to a complete provider of investment services in Mexico from custody to asset management, foreign exchange, research for equities, derivatives, fixed income products and stock loan. As we continue our international expansion, ICB will work further with NYSE Technologies to build and expand this technology platform, providing international investors with robust, innovative solutions for trading electronically in our markets.”

NYSE Technologies’ SFTI network is the highly resilient, ultra low-latency communications backbone created for the financial industry in 2002.  It provides connectivity to multiple exchanges, market centers and content service providers, including all of the National Market System venues in the U.S.  SFTI also connects to over 1,300 market participants and offers third-party technology products through its unique hosted solutions platform.   Designed to be the industry’s most secure and resilient network, SFTI is specifically built for electronic trading and market data traffic thus enabling firms to reduce their time-to-market, improve their performance and significantly lower the cost of their trading infrastructure.

 

About ICB:
I CB is part of Grupo Financiero Interacciones, a 100% Mexican owned Financial Group with a market cap of US$ 842M[1]. Following the strong growth in the Mexican trading market, where volume has increased by 30 times over the past 5 years, ICB has initiated an ambitious investment in technology services, which beyond the best-in-class connectivity service to the super-fast, resilient SFTI network, also combines high-performance DMA to the Mexican Equities and Derivatives markets, co-location and integration to a robust back office platform.  

About NYSE Technologies:
A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world’s largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world’s best financial institutions and exchanges. For additional information visit: www.nyse.com/technologies.

 

Contact:

Martin Espinosa - Interacciones Casa de Bolsa
+52 (55) 53 26 86 00 x6493
mvespinosa@interacciones.com


Eric Ryan – NYSE Technologies
212.656.2411
eryan@nyx.com


 

[1] Based on the closing price of MXP$43.20 as of January 13, 2011 See Yahoo Finance (Consulted on January 19, 2011)



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