These enhancements represent an additional step in the growing global alliance between Russell Indexes and NYSE Euronext. The alliance, announced in January, includes the migration of RussellTick to NYSE Technologies Global Index Feed (GIF) as well as a commitment to introduce additional products in the U.S. and Europe including index-based options.

The new RussellTick enhancements cover two main aspects of the client experience and are possible due to the world-class technology capabilities of NYSE Technologies. First, in-house calculation of the indexes will begin on August 15 when Russell Indexes will begin handling all index calculations for RussellTick. This enhancement will lead to improved choice of indexes, faster and more frequent information updates and new content features available to RussellTick customers, delivered quickly and reliably over NYSE Technologies' global Secure Financial Transaction Infrastructure (SFTI®) network. RussellTick clients will be required to fully migrate to the enhanced data feed by November 11. Second, a more flexible pricing model will go into effect on January 1, 2014,updating the previous tiered approach. This change will allow for more targeted, customized and competitive pricing for RussellTick customers to right-size their commercial commitment.

"These program enhancements are an important step in the continued growth of the RussellTick functionality and client experience, and we are happy to deliver them with the support of NYSE Technologies," said Ariel Rastatter, director of real-time data programs for Russell Indexes. "The enhancements to the customer experience in terms of frequency, accuracy and global coverage will be tangible and measurable."

Added Cameron MacDonald, vice president of global indices at NYSE Technologies, "We are very excited about the work we are doing with Russell Indexes on RussellTick and the significant program enhancements we have been able to bring forward in n a relatively short amount of time to clients around the world."

The migration of RussellTick to NYSE Technologies' GIF made Russell the first major global family of indexes distributed through the global SFTI® network and NYSE Euronext's state-of-the-art, Tier 4 data center located in Mahwah, NJ. The RussellTick calculation engine is now hosted and managed from that data center, which is also home to NYSE Euronext's U.S. trading, co-location and market data infrastructure. Traders and investors can benefit from the processing power, capacity and active customer community inside the data center. Additionally, by accessing NYSE Euronext's diverse geographical footprint, SFTI network and global customer base, Russell can provide clients anywhere in the world with efficient and reliable access to real-time Russell index data.