NYSE Pillar®

Our Integrated Trading Technology Platform

In May 2016, NYSE Group completed the rollout of NYSE Pillar matching engines on NYSE Arca. NYSE Pillar is our new integrated trading technology platform that will enable you to connect to all of our equities and options markets using a single specification. NYSE Pillar was designed to reduce complexity, while enhancing consistency, performance and resiliency. On July 24, 2017, NYSE American successfully launched a new market model on the NYSE Pillar platform. On August 21, 2017, NYSE Arca introduced new NYSE Pillar gateways, marking the harmonization of NYSE American and NYSE Arca technology platforms.

Benefits

Once completely rolled out, the NYSE Pillar platform will enable you to connect to each of our markets – NYSE, NYSE American, NYSE Arca, NYSE Arca Options, NYSE American Options, Global OTC and NYSE Bonds – using a single specification and will include new gateways and matching engines. This new technology offers:

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

Timeline

NYSE American migrated to Pillar Technology July 24, 2017
NYSE Arca migrated to Pillar Technology August 21, 2017
NYSE introduces B and C Securities on Pillar Technology April 25, 2018
NYSE National migrated to Pillar Technology May 21, 2018
NYSE Tape A - Testing and Migration TBA
NYSE migration to Pillar gateways TBA

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

June 4 - 30, 2018

Exchange Protocol p01 p50 p90 p99
NYSE American* Binary 728 732 738 747
NYSE American* FIX 744 752 774 804
NYSE Arca Binary 26 33 41 98
NYSE Arca FIX 39 48 54 72
NYSE National Binary 24 27 31 39
NYSE National FIX 38 44 64 100

* 700µ consist of speed bump applied to each roundtrip from gateway through matching engine.

Excludes NYSE edge network (additional ~10µ)

For More Information

For more details and dates refer to the Trader Updates posted below.


Contact and Support

Trader Updates

Rule Filings

NYSE Arca

Pillar 1

Rules 7.34P. 7.36P, 7.37P
(Trading Sessions, Order Display and Ranking, Order Execution and Routing)

Rule Filing

Approval Order

Pillar 2

Rules 7.31P and 7.44P
(Orders and Modifiers, RLP program)

Rule Filing

Amendment 1

Amendment 2

Approval Order

Pillar 3

Rules 7.11P, 7.16P, 7.18P, 7.38P
(LULD, SSR, halts, and Odd Lots)

Rule Filing

Amendment 1

Approval Order

NYSE American