20 March 2018

Nyse Technologies and 4th Story team on hosted algo trading software

19 May 2009  |  2092 views  |  0 Source: Nyse Euronext

Nyse Technologies, the innovative commercial technology unit of Nyse Euronext, and 4th Story have entered into an agreement to make 4th Story's customizable modular algorithmic trading strategy software available as a hosted service within Nyse Technologies' Secure Financial Transaction Infrastructure (SFTI) Integrated Partner Solutions platform.

The relationship will create a completely hosted and fully managed offering that includes the key components of an algorithmic trading environment, including low-latency depth of book market data via NYSE Technologies' SuperFeedSM and a FIX messaging infrastructure with optional mutli-market risk management tools via NYSE Technologies' SFTI Sponsored Market AccessSM.

"Working with 4th Story highlights our commitment to bringing the kinds of electronic trading services previously enjoyed by a select few to a much broader audience of users," said Murray White, Senior Vice President, NYSE Technologies. "4th Story is a natural partner for us as we begin working with customers to implement this highly-accessible technology. This collaboration promises to add considerable value for any size firm connected to our SFTI network and our innovative SFTI Integrated Partner Solutions environment."

"This joint effort allows firms to get into algorithmic trading with an approachable, comprehensive, best of breed solution," said Steve Smith, 4th Story's CEO. "In addition, our flexible platform and consultative, highly customer-focused approach means that firms can easily tailor their algorithms to their needs, or those of their customers, to compete more effectively. 4th Story is excited to work with NYSE Technologies to bring this carefully developed, intelligently-designed solution to the marketplace."

The NYSE Technologies-4th Story solution provides customers with a hosted service that provides speed of deployment, pre-integration of service components and a commercial model well-suited to firms need interested in adding the strategy-based execution and algorithmic trading services that to allow firms to better compete in today's highly-competitive, low latency trading environment. The SFTI Integrated Partner Solutions platform offers a FIX infrastructure, complete with risk management tools and a broad, comprehensive network for service distributioutution with access to trading venues and counterparties while ensuring that customers can utilize one of the world's fastest, most secure networks for accessing global liquidity.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.ebaday.com

Top topics

Most viewed Most shared
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
9917 views comments | 29 tweets | 39 linkedin
hands typing furiouslyBitcoin at 50,000 USD?
9846 views 0 | 5 tweets | 3 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
9230 views comments | 10 tweets | 8 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
8456 views comments | 14 tweets | 26 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
7691 views comments | 15 tweets | 29 linkedin

Featured job

Six-Figure-Base, Double OTE, Benefits Package
London, UK

Find your next job