NYSE Pillar®

Our Integrated Trading Technology Platform

NYSE Pillar is our new integrated trading technology platform that will enable member firms to connect to all of our equities and options markets using a single specification. NYSE Pillar is designed to improve efficiency and reduce complexity for customers, while enhancing consistency, performance and resiliency.

To date, NYSE, NYSE American Equities, NYSE Arca Equities, NYSE Chicago, and NYSE National have been migrated to NYSE Pillar matching engines and NYSE Pillar Gateways are now available for order entry on each market. The remaining markets (NYSE Arca Options, NYSE American Options, Global OTC and NYSE Bonds) and NYSE Floor Broker connectivity will follow.

This new NYSE Pillar technology offers

More efficient processing, enhanced determinism and lower latency
Shorter time to market for ongoing enhancements
Simplified, harmonized order types, terminology, and messaging across all of our markets

NYSE Pillar Trade Ops Portal for NYSE Equity Markets

A free web-based tool for clients trading via NYSE Pillar gateway.

Learn More

Gateway Latency (9:30 a.m. - 4:00 p.m.)

2Q 2020

Exchange	Protocol	p01	p50	p90	p99	p99.9
NYSE	Binary	21	26	33	57	185
NYSE	FIX	28	33	39	54	212
NYSE American	Binary	26	32	40	57	107
NYSE American	FIX	35	44	51	79	524
NYSE Arca *	Binary	20	24	31	51	135
NYSE Arca *	FIX	26	30	37	61	296
NYSE Chicago	Binary	24	30	37	124	822
NYSE Chicago	FIX	32	39	63	357	1,907
NYSE National	Binary	24	29	34	49	113
NYSE National	FIX	31	39	46	77	440

* Includes period May 18 - June 30, following mid-quarter hardware upgrade

Excludes NYSE edge network (additional ~10µ)

Beginning on August 24, 2020, the NYSE Equities Markets will begin rolling out new software for market data consumption that is expected to reduce the latency of inbound market data processing.