NYSE Technologies, the commercial technology division of NYSE Euronext, today announced its market data partnership with the Warsaw Stock Exchange (WSE). Customers will now have access to the WSE’s market data services via NYSE Technologies’ innovative suite of market data products and services.
NYSE Euronext and the WSE continue their strategic collaboration (initially formed in 2010) working on a series of projects including the ongoing implementation of the NYSE Technologies Universal Trading Platform for the WSE and developing a range of technology cooperations.
Through the extended partnership, theWSE’s market data feed will become more accessible to the international data vending community, as well as to NYSE Euronext and the WSE member firms, via NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI). Currently, the WSE provides its data to all leading vendors and several medium sized vendors. The strategic availability of the WSE’s data feed on SFTI, will attract more mid-sized and small vendors, who have not currently connected to the WSE’s data feed. The WSE’s data feed will also be integrated into NYSE Technologies’ SuperFeed adding it to the existing community of over 70 markets already supported by this service.
The collaboration extends to NYSE Technologies promoting the WSE‘s index licenses to international financial institutions, through NYSE Euronext’s Global Index Group, along with NYSE Technologies assisting the WSE with its market data auditing functions. As part of the strategic alliance between both parties, NYSE Technologies will support the development of the WSE’s planned new market data policies.
“Market data is a vital resource for the trading community and through our portfolio of innovative products and services, we continue to build global connections that empower and unlock the potential of the capital markets,” said Dominique Cerutti, President & Deputy Chief Executive Officer, NYSE Euronext. “We initially partnered with the WSE to use our Universal Trading Platform in 2010, and this latest strategic collaboration strengthens our relationship with the exchange and our growing customer base in the region.”
“In 2010 we agreed with NYSE Euronext to embark on a common journey for technological cooperation, as well as common business initiatives, and we are very pleased with the results of our strategic alliance. This project supports the international strategy of the WSE, and in the coming years, we will be firmly tied to the trends shaping the evolution of the global capital markets,” said Ludwik Sobolewski, President & CEO of the Warsaw Stock Exchange.