10 February 2016

Nyse Euronext to offer trading in the cloud

01 June 2011  |  9838 views  |  0 fibre optic wires

Nyse Euronext's tech unit has teamed with VMWare and EMC on a cloud-based platform offering capital markets participants secure, on-demand services.

The Nyse Technologies Capital Markets Community Platform will provide a range of cloud-based services, enabling customers to purchase the computing power required at a given time rather than use their own systems.

Delivered over the firm's SFTI global network, users will be able to access Nyse Technologies' Superfeed, Risk Management Gateway, Managed Services Hub and Liquidity Centre Network.

The system means customers will get low-latency, on-demand and self-provisioned computing power with the flexibility, agility and cost savings of a cloud environment, says Nyse Euronext.

The platform is currently being beta tested by firms such as Pico Quantitative Trading and Millennium Management ahead of a planned 1 July launch.

Stanley Young, CEO, Nyse Technologies, says: "By leveraging our global reach as a leading exchange operator and technology provider, the cloud is a key component in our effort to create a virtual capital markets community with rapid access to global markets and actionable market information. All of this comes with absolutely no hardware investment, costly infrastructure maintenance or extended time to market for customers, giving them the opportunity to focus on their core business strategies."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

27 May, 2011
26 April, 2011
07 April, 2011
22 March, 2011
22 November, 2010
05 November, 2010
06 May, 2010
21 July, 2009
24 June, 2009

Related company news


Top topics

Most viewed Most shared
Fintech rising: Resistance is futile, says...
12213 views comments | 52 tweets | 45 linkedin
Digital transformation driving earnings at...
10910 views comments | 49 tweets | 45 linkedin
UK sets out open banking API framework
10900 views comments | 79 tweets | 75 linkedin
Visa opens up to developers
8958 views comments | 24 tweets | 41 linkedin
European mobile banking service Pocopay go...
7554 views comments | 24 tweets | 14 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job