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.)

1Q 2020

Exchange	Protocol	p01	p50	p90	p99	p99.9
NYSE	Binary	21	26	33	61	273
NYSE	FIX	28	32	38	53	181
NYSE American	Binary	26	32	40	58	223
NYSE American	FIX	35	42	49	73	451
NYSE Arca	Binary	27	33	44	143	1,564
NYSE Arca	FIX	36	45	53	91	515
NYSE Chicago	Binary	24	29	36	60	836
NYSE Chicago	FIX	32	38	64	328	1,075
NYSE National	Binary	23	28	33	49	168
NYSE National	FIX	30	37	43	73	414

Excludes NYSE edge network (additional ~10µ)

The NYSE Equities Markets have made modifications to an internal Pillar XDP publication component to improve performance of the NYSE Group proprietary market data feeds. These modifications were effective for NYSE National Feeds beginning June 4, 2020 and will be effective for NYSE, NYSE Arca, NYSE American and NYSE Chicago Proprietary Market Data Feeds beginning June 8, 2020.