BT to provide Nyse Euronext connectivity through London and Paris hubs

Source: BT

BT will provide resilient connectivity to Nyse Euronext, the operator of the world's largest and most liquid exchange group, through the new Secured Financial Transaction Infrastructure (SFTI) network's hubs in London and Paris.

This will give customers access to the new Universal Trading Platform that will support Euronext Cash Equities and Liffe Market Data and Trading.

This will be enabled through the Radianz Shared Market Infrastructure - which provides fast, secure, reliable connectivity to a global community of trading-related partners, financial applications and services.

Following the merger of NYSE and Euronext, one of the first integration priorities was to build a Universal Trading Platform to serve as a unified common trading platform for NYSE Euronext customers, providing them with high-speed and reliable access to all of the company's global cash and derivatives markets. NYSE Euronext also needed to develop solutions to connect customers in secondary markets, such as Spain and Italy, without having to deploy its own network.

Anthony Attia, Executive Director, Head of Universal Trading Platform Programme at NYSE Euronext: "In the US, BT has provided connectivity to the NYSE through our Secure Financial Transaction Infrastructure since 2002 and today provides a significant number of connections to the exchange over the Radianz Shared Market Infrastructure and Radianz Ultra Access. Our experience of working with BT gives us complete confidence that its resilient access will provide the speed to market, reliability and low latency that the capital markets demand today in Europe."

Phil Mottram, Managing Director, Radianz and Trading Systems, BT Global Financial Services, said: "BT operates the world's largest financial extranet connecting more than 10,500 sites. This community of market participants, which includes all of the major global investment banks, brokers and buy-side institutions, will now have access to NYSE Euronext, removing the need for thousands of point-to-point connections to existing and new firms interested in obtaining its market data."

Comments: (0)