NYSE Technologies, the commercial technology division of NYSE Euronext, today announced the launch of two new Liquidity Centers in Chicago, IL and Toronto, ON Canada. Joining NYSE Euronext’s primary Liquidity Centers in Mahwah, NJ and Basildon, London, these new facilities link to a broader network of installations that will feature a range of NYSE Technologies products and services tailored to facilitate simplified, high-performance access to markets, market information and other trading infrastructure services.
The NYSE Technologies Liquidity Center Network was created to provide a base set of trading, data and connectivity applications that enable traders to quickly and easily enter key global markets that may have been prohibitively difficult or expensive to access in the past. Customers will benefit from reliable, cost effective low-latency solutions for trading and market data services. From each of these facilities strategically located around the world, NYSE Technologies will offer many of its core services, including the Risk Management Gateway (RMG), which provides low latency, risk-managed access to markets; SuperFeed, an industrial strength, high-performance market data ticker plant and distribution system; and Marketplace, one of the largest and most diverse FIX-based trading communities with more than 1,200 market participants.
“Traders see opportunities in many emerging and established markets around the world, but reaching those markets efficiently can be an expensive process of dealing with fragmented technologies from multiple service providers,” said Stanley Young, CEO of NYSE Technologies. “We’re leveraging our global scale, industry-leading assets and our experience as a trusted facilitator to provide turnkey access between these markets while reducing costs and complexity for our customers. With reliable connections to markets on virtually every continent and 275 market data feeds from 55 markets, our message to the trading community is: connect locally, trade globally.”
Additionally, NYSE Technologies will offer its unique technical expertise that leverages the footprint of NYSE Euronext’s primary Liquidity Centers in Mahwah, N.J. and Basildon, London as well as existing centers in Carteret, Weehawken and Secaucus to help customers navigate connecting with new venues, market data and other services. The new Liquidity Centers in Chicago and Toronto will be followed by additional facilities in London, Tokyo and Brazil in 2011, with others coming in the future.