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.
* 700µ consists of speed bump applied to each roundtrip from gateway through matching engine.
** Beginning September 5, 2019
Excludes NYSE edge network (additional ~10µ)