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.
Upon completion of the migration, the NYSE options exchanges will provide the benefits of the NYSE Pillar platform, which offers:
Shorter time to market for ongoing enhancements
Simplified, harmonized order types, terminology, and messaging across all of our markets
NYSE Pillar TOP replaces UTP client portals GEMS and CMT. It offers the ability to access all NYSE Pillar exchanges from one single portal and login. In TOP, Participants can carry out a various tasks including: i) View executed trade details; ii) Review inventory of Pillar order entry and Drop Copy sessions; iii) Configure Pre-Trade and Activity-Based Risk Controls; iv) Allocate Open Outcry trades; v) Apply Post Trade clearing changes.
User guides for TOP are available. For Post Trade and Floor related functionality, refer to the NYSE Pillar TOP - Options Post Trade User Guide. For Risk management related functionality, refer to the TOP section of the NYSE Pillar Risk Controls document.
Legacy UTP client reports will be decommissioned with the migration to NYSE Pillar.
New NYSE Arca Options Pillar reports will be made available via the NYSE Managed File Transfer (MFT) protocol. Participants wishing to continue to receive reports must establish an MFT account and indicate new report subscriptions by submitting an NYSE Pillar Options MFT Request Form to [email protected].