NYSE Pillar is our new integrated trading technology platform that will enable member firms to connect to all NYSE equities and options markets using a standard protocol. 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 available for order entry on each market.
NYSE Arca Options and NYSE American Options are the next markets to migrate to NYSE Pillar, with NYSE Arca Options planned for November 2021 and NYSE American Options to follow in 2022.
Shorter time to market for ongoing enhancements
Simplified, harmonized order types, terminology, and messaging across all of our markets
Excludes NYSE edge network (additional ~10µ)