Financial Technology

Financial Technology

June 07, 2012

NYSE Technologies Launches Market Data Web Services in Collaboration with Xignite

NYSE Technologies announced the upcoming launch of a new service called Market Data Web Services that will allow non-latency sensitive clients and clients based in remote locations to access real-time, historical, and reference market data for all NYSE Euronext markets via the Internet.

Powered by XigniteOnDemand, the new service allows clients the flexibility to access only the content that they need for a wide range of purposes from developing trading solutions for financial Web portals to enabling Internet-powered devices.

As a part of its enterprise cloud strategy, NYSE Technologies teamed with Xignite (News - Alert) to launch Market Data Web Services, in which direct connect clients and SuperFeed clients have the choice of collocating in NYSE Technologies' Liquidity Center or connecting to its Secure Financial Transaction Infrastructure (SFTI) network.

The service allows the vendors, retail investors, and remote clients to access NYSE Euronext market data and customize it according to their specific trading needs, using a standard Internet connection. The user interface offers data services from across NYSE Technologies' full portfolio of market data assets and customers can access the data from anywhere in the world, including the remote locations.

In its first phase, the service offers real-time data relating to retail reference pricing for NYSE, NYSE MKT, and NYSE Arca (News - Alert) markets.

The second phase is scheduled for release in the third quarter of 2012. In the second phase, the service will give access to NYSE Bonds data, NYSE Liffe Level 1 and Level 2 data, and NYSE and NYSE MKT Order Imbalances.

“Our goal is to connect data consumers directly to our content in multiple ways- via collocation at our Liquidity Centers, direct connection to our SFTI network and now via the web. We are pleased to partner with Xignite to address the demand for internet-based delivery of market data and as a result, further extend our client-base to non-latency sensitive and remote clients,” Head of Global Data Products at NYSE Technologies Jennifer Nayar explained.

“The delivery of market data content via websites and mobile devices continues to build momentum and we are excited to leverage these applications to help increase access to NYSE Euronext data. Both NYSE Technologies and Xignite have demonstrated a strong commitment to the electronic delivery of market data and the ability to serve today's growing, diverse array of applications, especially the mobile market,” Xignite's CEO and founder Stephane Dubois echoed.

Recently NYSE Euronext (NYX) announced that its U.S. Liquidity Center in Mahwah, New Jersey has enhanced its data center community, managed by NYSE Technologies, by revising a number of policies aimed at reducing customer costs, increasing platform flexibility and broadening access to the facility.

Edited by Carrie Schmelkin

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