News and resources on capital markets, exchanges, trade execution and post-trade settlement.

New York Stock Exchange launches Nyse Tech Council

Source: New York Stock Exchange

The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the formation of the NYSE Tech Council, a group of senior technology leaders within the NYSE community that will focus on thought leadership and actionable best practices.

The council will be comprised of Chief Technology Officers, Chief Information Officers and other C-suite technology leaders from NYSE-listed companies. With technology evolving rapidly, the NYSE Tech Council’s initial focus will be cybersecurity matters and AI use cases. The NYSE Tech Council will operate in a similar fashion to the other NYSE thought leadership councils, which address topics of interest to the 2,400 issuer-strong NYSE community.

“In this digital age when virtually every company is relying on rapidly evolving technology to transform its business, the new NYSE Tech Council will play a pivotal role for our remarkable NYSE community,” said Lynn Martin, President, New York Stock Exchange. “Companies list their shares on the NYSE to raise money and change the world, and through its actionable insights the council will further support our issuers in pursuit of their technology driven goals.”

“At this unique time, we believe no group is better positioned than our NYSE community to understand technology’s vast opportunities and implications,” said Chuck Adkins, Chief Information Officer, NYSE. “The aim of the NYSE Tech Council is simple: convene conversations among market leaders to help our listed companies make the best possible use of innovations in AI, cyber and other key areas.”

The NYSE and ICE have a long history of deploying cutting-edge technology to address market inefficiencies and provide transparency. In October 2023, the NYSE completed a multi-year upgrade of the technology that supports trading activity on its equity and options markets. NYSE Pillar, one of the industry’s most deterministic technology platforms, now powers every exchange the NYSE operates as well as critical U.S. equity market-data infrastructure. NYSE Pillar has set a new standard in performance, despite unparalleled growth in demand and electronic message rates.

Comments: (0)