25 July 2016
Find out more

Nyse Euronext to offer trading in the cloud

01 June 2011  |  9983 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)

Finextra news in your inbox

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

Related stories

UK finance sector CIOs wary of cloud hype

UK finance sector CIOs wary of cloud hype

27 May 2011  |  8431 views  |  1 comments
Nasdaq expands data-on-demand cloud service

Nasdaq expands data-on-demand cloud service

26 April 2011  |  8368 views  |  0 comments
Exchanges and vendors unite over consolidated tape

Exchanges and vendors unite over consolidated tape

07 April 2011  |  11886 views  |  2 comments
Nyse Euronext bids to buy US options market share with Amex stake sale

Nyse Euronext bids to buy US options market share with Amex stake sale

22 March 2011  |  6890 views  |  0 comments
Nyse Technologies to develop EU consolidated tape

Nyse Technologies to develop EU consolidated tape

22 November 2010  |  10758 views  |  3 comments
Nasdaq OMX launches cloud-based data-on-demand service

Nasdaq OMX launches cloud-based data-on-demand service

05 November 2010  |  7507 views  |  1 comments
US Treasury site hit by attack on cloud host

US Treasury site hit by attack on cloud host

06 May 2010  |  7695 views  |  0 comments
Banks sceptical on cloud computing - survey

Banks sceptical on cloud computing - survey

21 July 2009  |  8504 views  |  0 comments
Wall Street look to cut costs with cloud computing - survey

Wall Street look to cut costs with cloud computing - survey

24 June 2009  |  14680 views  |  1 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Find out moreVisit www.abe-eba.euVisit capgemini.com

Top topics

Most viewed Most shared
MasterCard agrees £700m VocaLink acquisitionMasterCard agrees £700m VocaLink acqu...
8682 views 14 comments | 32 tweets | 37 linkedin
satelliteContactless Bitcoin startup Plutus Tap &am...
8526 views comments | 8 tweets | 3 linkedin
hands typing furiouslyWhat Every FinTech CEO Should Know About R...
8330 views 0 | 14 tweets | 8 linkedin
hands typing furiouslyBanking on IoT: Security in the Internet o...
8081 views 3 | 20 tweets | 7 linkedin
Santander doubles down on fintech fundSantander doubles down on fintech fund
7742 views comments | 22 tweets | 28 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job