Nyse Technologies, a leading provider of trading technology solutions and a unit of Nyse Euronext, today announced that the total number of direct order routing channels available in the Nyse Technologies' Marketplace has now surpassed 10,000.
As one of the industry's largest and most diverse FIX-based trading communities, the Marketplace connects more than 430 buy-side and 600 sell-side members from around the world. ING, a leading buy-side institution and long-time customer of the NYSE Technologies' recent acquisition, NYFIX, represented the 10,000th channel.
"We are very excited to count ING among the many great customers that have helped us achieve this key milestone," said Bob Moitoso, Senior Vice President, NYSE Technologies. "With every new participant and channel added to the Marketplace comes greater liquidity and improved execution quality for everyone connected. We are committed to expanding the Marketplace by providing firms with a turnkey solution backed by superior support and customer service."
"Becoming a member of the NYSE Technologies Marketplace has provided us with increased access to global capital markets through an expertly managed community of value-added products and services," explained Nanette Buziak, Head of Equities Trading and Senior Vice President, ING. "NYSE Technologies has worked closely with us to ensure we have access to an effectively designed and managed service, backed by the highest levels of customer service and reliability. As a long-standing Marketplace participant, we're thrilled to represent the 10,000th order routing channel."
The NYSE Technologies Marketplace is one of the industry's leading, fully managed FIX-based trading communities. Marketplace members benefit from access to a wide range of liquidity sources, lower trading costs, and unparalleled speed-to-market with new trading counterparties and services. Available as a neutral, flexible and fully-managed electronic trading solution supported by the industry's most experienced FIX specialists, the NYSE Technologies' Marketplace offers customers the benefits of FIX order routing, certification, version translation coupled with extensive training and educational programs.