NYSE Pillar

NYSE Pillar

NYSE Pillar Options Migration

NYSE Pillar®

Integrated Trading Technology

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.

NYSE Arca Options and NYSE American Options are the next NYSE markets to migrate to NYSE Pillar, with NYSE Arca Options planned for November 2021 and NYSE American Options to follow in 2022.

NYSE Arca Options is migrating to NYSE Pillar starting on November 1, 2021.

Are you ready?

Road to NYSE Pillar Checklist

Upon completion of the migration, the NYSE options exchanges will provide the benefits of the NYSE Pillar platform, which 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

Migration Timeline

View the complete timeline of NYSE Arca Options' migration to NYSE Pillar.

Upcoming Weekend Testing Opportunities

NYSE Arca Options has begun the Production testing phase of the migration. To be enabled for testing in the Production environment, Participants must complete required certification and documentation.

NYSE Pillar is available for weekday testing using test symbols. The Exchange will also offer seven weekend testing opportunities for Production testing, which will support both testing and non-testing symbols. Weekend testing opportunities are:

  • July 24, 2021
  • August 7, 2021
  • August 28, 2021
  • September 11, 2021 - Includes CAT submission
  • September 18, 2021* End-to-end test including CAT submission and OCC participation (mandatory test opportunity 1)
  • October 16, 2021* End-to-end test including CAT submission (mandatory test opportunity 2)
  • October 30, 2021 - Final confidence test

* Participation is required in at least one of the two offered mandatory test dates to be enabled for Production on November 1, 2021. Mandatory weekend tests will include T+1 outputs and CAT submissions.

Participants must register with [email protected] by the Thursday preceding the above dates to secure connectivity and Production sessions. A test script will be provided upon registration.

Latest Updates and Highlights

13 September 2021

Trader Update: NYSE Pillar Options Migration: First Mandatory Weekend Testing Opportunity

23 August 2021

Trader Update; NYSE Pillar Options Migration: Arca Options System Specifications and Functional Differences Updates, Billing Process Change for Cap Strategy Trades

17 August 2021

NYSE Pillar TOP Options User Request and Authorization and Authorized Administrators forms are available. As a reminder, TOP is available in Pillar Cert and the Production Shadow environment. Additional details on accessing TOP.

06 August 2021

Updated Functional Differences to include Complex Order Book details

NYSE Pillar Certification

Basic functional certification with Technology Member Services (“TMS”) is required in the NYSE Pillar Certification environment (“Pillar Cert”) prior to being enabled for the Production environment. Pillar Cert is: free of charge, has a dedicated TMS team to support testing Monday - Friday, and mirrors the Production environment, including Proprietary Market Data feeds and connectivity to OPRA Test Systems.

To test in Pillar Cert please submit a Cert Session Request Form to [email protected].

Participants are also encouraged to test Trade Ops Portal (“TOP”) functionality which will include Risk Monitor, Risk Settings, Trade Summary. TOP is available in Pillar Cert and the NYSE Pillar Production Shadow environment. Contact [email protected] with desired TOP user e-mail addresses to request Pillar Cert TOP access.

Contact and Support

NYSE Trading Operations

[email protected]
+1 212 896 2830, Options, 1, 2

Technology Member Services (TMS)

[email protected]
+1 212 896 2830, Options, 2, 2

Relationship Management (RM)

[email protected]
+1 855 898 9012