Currenex Trading, Market Data Available Via SFTI

News Wire

Currenex has been added as a market centre on the Secure Financial Transaction Infrastructure (SFTI) from NYSE TransactTools, a subsidiary of NYSE Euronext. Through SFTI’s high availability and low latency network, customers are able to receive market data and trade on Currenex using TCP/IP, XML and FIX. Currenex, which was acquired by State Street earlier this year (Electronic Trading, February 2007) provides execution technology and access to liquidity for banks, corporations, hedge funds and other active trading firms in the foreign exchange markets.

Created in 2002, SFTI is the resilient, low latency communications backbone dedicated to the financial industry. It offers connectivity to NYSE as well as other exchanges, market centres and content services providers, including all of the National Market System markets in the US, and also connects to more than 800 market participants including Liffe, the international derivatives business of NYSE Euronext, which joined the service earlier this year (Electronic Trading, October 2007).